TBD 23 3S 16W, Panama City Beach, FL 32407
New Listing
$2,500,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
455,638
Status:
Active
Current Price:
$2,500,000
List Date:
7/24/2026
Last Modified:
7/24/2026
Listing Details MLS# 793079
Location, Tax & Legal
- Street #
- TBD
- Street Name
- 23 3S 16W
- State
- FL
- Zip Code
- 32407
- County
- Bay
- Area
- 03 – Bay County – Beach
- Subdivision
- No Named Subdivision
- Parcel ID
- 34025-010-000
- Legal Description
- 23 3S 16W -1.1- COM AT SW COR OF SEC E 2875.49 N 1574.37' FOR POB TH SWLY 413.25' SELY 208.6' S 294.51' WLY 233.34' N 110.65' NWLY 546.24' SWLY 210.54' NWLY 239.64' NELY 395.79' NELY 594.64' ELY 187.82' TO POB ORB 3772 P 1478
- Sub Area
- 0321 – Beach – North Central
- Community/Resort
- None
- Waterfront
- No
- Elementary School
- Hutchison Beach
- Middle School
- Surfside
- High School
- Arnold
- Directions
- PCB Pkwy to N Alf Coleman Road, left on Victoria Falls, property is at the end/corner of Victoria Falls/Waterfall and Inspiration Falls.
- HOA Fee
- No
Contract Info
- List Price/Acre
- 239005.74
- Sub-Type
- Land/Acres
- List Type
- Exclusive Right of Sale
- Named Exception
- No
General Property Info
- Site Dimensions
- 235x115x544x211x240x393x556x214x393x210x286
- Acreage
- 10.46
- Lot Size (SqFt)
- 455638
- Is Subject Leased
- No
Remarks & Misc
- Remarks
- Development opportunity in the heart of Panama City Beach! This approximately 10+ acre parcel offers investment potential with dual zoning–approximately half located within Bay County and zoned AG-2, and approximately half within the City of Panama City Beach and zoned RTH (Residential Townhouse). The RTH zoning presents an opportunity for residential development, and the adjoining AG-2 portion may have the potential to be annexed into the City of Panama City Beach, subject to city approval and applicable requirements. Conveniently located just minutes from Panama City Beach Parkway, shopping, dining, schools, and the Gulf beaches, this property is ideally positioned in one of the area's fastest-growing corridors. Whether you're a builder, developer, or long-term investor, this is a rare opportunity to acquire a sizeable tract with significant residential development potential in a highly desirable location. The property is adjacent to approximately 1.5 miles of the paved Gayle's Trails recreational path along its northern boundary. Buyer to verify zoning, annexation potential, permitted uses, dimensions, utilities, access, development feasibility, and all other pertinent information through their own due diligence.
Lot Features
- Easements
- Yes
More Information
Lot/Parcel Access
- Paved Road
- Yes
Present Zoning
- Other – See Remarks
- Yes
Utilities
- Other – See Remarks
- Yes
TransportationAccess
- Paved
- Yes
Property Features
TransportationAccess:
Paved
Lot Features:
Easements
Utilities:
Other – See Remarks
Present Zoning:
Other – See Remarks
Listing Office:
Think Real Estate
Last Updated: July – 24 – 2026
Information deemed reliable but not guaranteed.