7928 W Highway 388, Panama City Beach, FL 32413
$1,699,000
Property Type:
Residential Land
Lot Size (sq. ft.):
348,480
Status:
Active
Current Price:
$1,699,000
List Date:
8/03/2025
Last Modified:
2/24/2026
Description
Discover an incredible opportunity with this 8-acre property located in one of the most rapidly growing areas of Panama City Beach. Zoned WBC (West Bay Center) within the West Bay Sector Plan, this property offers exceptional flexibility for a wide range of development possibilities. At the rear of the property lies a picturesque pond, an ideal focal point for a future community amenity or serene natural retreat. Strategically positioned, this property is just two miles from the bustling Northwest Florida Beaches International Airport and one mile from thriving Latitude Margaritaville Watersound, a vibrant 55+ community poised for significant expansion. Its proximity to the newly established Tallahassee Memorial Healthcare Hospital and a growing commercial hub enhances its appeal. Adjacent to the upscale RiverCamps on Crooked Creek, the property benefits from a tranquil and desirable neighboring community. Utilities, including water and sewer, are conveniently located nearby, providing the essential infrastructure and flexibility for a visionary development. Whether you’re envisioning a residential enclave or exploring the possibilities of commercial ventures, this prime acreage combines natural beauty, a strategic location and limitless potential to bring your vision to life.
More Information MLS# 767649
Contract Info
List Price/Acre: 212375
Status: Active
List Date: 2025-01-23
List Price: $1,699,000
Current Price: $1,699,000
Location
Sub Area: 0411 – Bay North – West Bay
Community/Resort: None
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From PCB Parkway (Highway 98), head north on Highway 79. Turn right onto Highway 388. The property is located approximately 1/4 mile on the right.
Street #: 7928
Street Direction: W
Street Name: Highway 388
Area: 04 – Bay County – North
State: FL
Zip Code: 32413
County: Bay
Subdivision: Barrett Sub
Parcel ID: 32598-000-000
Legal Description: BARRETT SUBDIV LOT 1 34C ORB 4737 P 443
General Property Info
Acreage: 8
Lot Size (SqFt): 348480
Lot Dimensions: 366×989
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 1967.2
Last Tax Year: 2024
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Discover an incredible opportunity with this 8-acre property located in one of the most rapidly growing areas of Panama City Beach. Zoned WBC (West Bay Center) within the West Bay Sector Plan, this property offers exceptional flexibility for a wide range of development possibilities. At the rear of the property lies a picturesque pond, an ideal focal point for a future community amenity or serene natural retreat. Strategically positioned, this property is just two miles from the bustling Northwest Florida Beaches International Airport and one mile from thriving Latitude Margaritaville Watersound, a vibrant 55+ community poised for significant expansion. Its proximity to the newly established Tallahassee Memorial Healthcare Hospital and a growing commercial hub enhances its appeal. Adjacent to the upscale RiverCamps on Crooked Creek, the property benefits from a tranquil and desirable neighboring community. Utilities, including water and sewer, are conveniently located nearby, providing the essential infrastructure and flexibility for a visionary development. Whether you’re envisioning a residential enclave or exploring the possibilities of commercial ventures, this prime acreage combines natural beauty, a strategic location and limitless potential to bring your vision to life.
Lot Features
Near Public Boat Ramp: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
Wooded: 1
Lot Access
County Road: 1
Paved Road: 1
Present Zoning
Commercial: 1
Multi-Family: 1
Resid Multi-Family: 1
Resid Single Family: 1
Other – See Remarks: 1
Utilities
Other – See Remarks: 1
Waterview
Pond: 1
Property Features
Lot Access: County Road; Paved Road
Lot Features: Near Public Boat Ramp; Survey Available; Within 1/2 Mile to Water; Wooded
Utilities: Other – See Remarks
Waterview: Pond
Present Zoning: Commercial; Multi-Family; Resid Multi-Family; Resid Single Family; Other – See Remarks
Listing Office:
Scenic Sotheby's International Realty
Last Updated: February – 24 – 2026
Information deemed reliable but not guaranteed.