000 Moonlight Bay Drive, Panama City Beach, FL 32407

$2,000,000
Property Type: Land Lot Size (sq. ft.): 191,664 Status: Active
Current Price: $2,000,000 List Date: 9/24/2025 Last Modified: 9/24/2025

Description

Gorgeous +/-4.4 acre secluded property on West Bay. Located at the east-end of Moonlight Bay Drive, which dead-ends into the property. It is known as the 'Oak Grove' as the property has several large oak trees. West Bay on the north side with expansive views across the Bay and a bayou on the south side. Zoned Planned Unit Development (P.U.D.) within the City of Panama City Beach. We believe the highest and best use is single-family residential development. Several large estate sized Bay-front lots could be developed, or one massive estate. The property is accessed via a 30' access easement. Travel from Panama City Beach Parkway past the Legacy Golf Club (f/k/a Holiday Golf Course), through the existing residential neighborhoods of Colony Club, and past Trieste. Left on Moonlight Bay Drive

Supplements: continue right (east) on Moonlight Bay, which dead-ends into the property. The adjacent two parcels to the east and south are also for sale; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel. The other two large parcels are not contiguous and separated by the small bayou. They are accessed via the Clara Avenue extension. The parcels were annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is single-family residential. Conceptual site plans, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

More Information MLS# 986107

Contract Info

Listing Board: Emerald Coast List Price/Acre: 454545.45 List Date: 2025-09-18 List Price: $2,000,000

Location, Tax and Legal

Sub Area: 2721 - Beach - North Central Elementary School: Hutchinson Beach Middle School: Surfside High School: Bay Legal Description: From Panama City Beach Parkway, travel north on Fairway Boulevard (the entance to Colony Club and Legacy Golf Course), left on Moonlight Bay Drive. Follow north and then continue right (east) on Moonlight Bay Drive, which dead-ends into the property via a 30' easement.

General Property Info

Sub-Type: Vacant Land Acreage: 4.4

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: Gorgeous +/-4.4 acre secluded property on West Bay. Located at the east-end of Moonlight Bay Drive, which dead-ends into the property. It is known as the 'Oak Grove' as the property has several large oak trees. West Bay on the north side with expansive views across the Bay and a bayou on the south side. Zoned Planned Unit Development (P.U.D.) within the City of Panama City Beach. We believe the highest and best use is single-family residential development. Several large estate sized Bay-front lots could be developed, or one massive estate. The property is accessed via a 30' access easement. Travel from Panama City Beach Parkway past the Legacy Golf Club (f/k/a Holiday Golf Course), through the existing residential neighborhoods of Colony Club, and past Trieste. Left on Moonlight Bay Drive

Waterfront

Bay: 1 Waterfront Feet: 700

Waterview

Bay: 1 Bayou: 1

Lot Features

Addl Land Available: 1 Aerials/Topo Availbl: 1 Dead End: 1 Irregular: 1

Lot Access

City Road: 1 Easement: 1 Paved Road: 1 See Remarks: 1

Utilities

Electric: 1 Sewer Available: 1

Zoning

See Remarks: 1

Assumable Mtg Typ

Conventional: 1

Financing

Conventional: 1

None

Current Price: $2,000,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: 000 Street Name: Moonlight Bay Street Suffix: Drive Area: 27 - Bay County State: FL Zip Code: 32407 County: Bay Project Name/Subdivision: NO RECORDED SUBDIVISION Parcel ID: 32733-010-000

Property Features

Lot Access: City Road; Easement; Paved Road; See Remarks Lot Features: Addl Land Available; Aerials/Topo Availbl; Dead End; Irregular Zoning: See Remarks Waterfront: Bay Waterview: Bay; Bayou Utilities: Electric; Sewer Available Assumable Mtg Typ: Conventional Financing: Conventional
Listing Office: Counts Real Estate Group Inc
Last Updated: September - 24 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.