8617 Wood Circle, Panama City, FL 32404 (MLS# 706251)

8617 Wood Circle, Panama City, FL 32404

$49,000

Property Type: Residential Land Lot Size (sq. ft.): 25,700 Status: Active

Current Price: $49,000 List Date: 8/03/2025 Last Modified: 8/27/2026

Overview

Description

Nicely wooded high and dry building lot in the growing area of Bay County. Convenient to Hwy 231 access and close to the County’s Majette Park. This was formerlya waterfront lot that looked over Lake Lakewood with 192 feet of frontage. Hurricane Sally rains breeched the dam and emptied the lake. The last word the owner heard was that the homeowners association had spoken of looking at getting engineering plans to restore the dam and water levels. This is a large lot in excess of 1/2 acre. If you are looking for a convenient, moderately priced residential lot with building restrictions on paved roads this may be the one for you. City water available.

Listing Details MLS# 706251

Contract Info

List Price/Acre: 83050.85

Location

Street #: 8617
Street Name: Wood
Street Suffix: Circle
Area: 05 – Bay County – East
State: FL
Zip Code: 32404
County: Bay
Sub Area: 0515 – Bay East – Bayou George
Subdivision: Lakewood Manor U-3
Community/Resort: None
Waterfront: Yes
Parcel ID: 05640-516-000
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Rutherford
Directions: Panama City, head North on Hwy 231. Turn right on John Pitts Road. Turn left on Scenic Dr and right on Wood Circle. Sign on lots.
Legal Description: LAKEWOOD MANOR UNIT 3 BEG AT SW COR OF LOT 14 NELY 36.16' NELY 14.96' SELY 210 SWLY 174' NWLY 220' TO POB BEING PART OF LOTS 14 & 15 ORB 1763 P 1278 (14.2)

General Property Info

Sub-Type: Residential Lots
Lot Dimensions: 51 x 250 x192x234
Acreage: 0.59
Lot Size (SqFt): 25700

Waterfront Feature

Waterfront Feet: 119

Listing Info, Tax & Legal

HOA Fee: Yes
HOA Amount: 75
HOA Frequency: Annually
HOA Annual Amount: 75
Last Taxes: 471
Last Tax Year: 2020
Brokerage Interest: No Interest
As Is: Yes

Remarks & Misc

Remarks: Nicely wooded high and dry building lot in the growing area of Bay County. Convenient to Hwy 231 access and close to the County's Majette Park. This was formerlya waterfront lot that looked over Lake Lakewood with 192 feet of frontage. Hurricane Sally rains breeched the dam and emptied the lake. The last word the owner heard was that the homeowners association had spoken of looking at getting engineering plans to restore the dam and water levels. This is a large lot in excess of 1/2 acre. If you are looking for a convenient, moderately priced residential lot with building restrictions on paved roads this may be the one for you. City water available.

More Information

Association Fees Include

Legal: Yes
Master Association: Yes

Fees Include

Licenses/Permits: Yes

Lot Features

Addl Land Available: Yes
Restrictions: Yes
Waterfront: Yes

Lot Access

County Road: Yes
Paved Road: Yes

Present Zoning

Resid Single Family: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Propane: Yes
Water Connected: Yes
Septic Tank: Yes

Waterfront Type

Lakefront: Yes

Property Features

Fees Include: Licenses/Permits Lot Access: County Road; Paved Road Lot Features: Addl Land Available; Restrictions; Waterfront Utilities: Electricity – Connected; Propane; Water Connected; Septic Tank; TV Cable Waterfront Type: Lakefront Present Zoning: Resid Single Family

Listing Office: Counts Real Estate Group Inc

Last Updated: August – 27 – 2026

Information deemed reliable but not guaranteed.