306 Moonlight Bay Drive, Panama City Beach, FL 32407

$1,150,000
Property Type: Land Lot Size (sq. ft.): 29,185 Status: Active
Current Price: $1,150,000 List Date: 1/13/2026 Last Modified: 1/13/2026

Description

TRANQUIL BAYFRONT OPPORTUNITY | 101.1' OF WEST BAY FRONTAGE WITH GULF ACCESS Create your legacy home at 306 Moonlight Bay Drive, a rare bayfront homesite on the peaceful shores of West Bay in Panama City Beach. This buildable parcel offers 101.1 feet of bay frontage and features a fortified seawall already in place, providing shoreline protection and long-term value. Surrounded by a slow-moving saltwater marsh, the setting is serene and naturally beautiful. Located within a designated West Bay sector plan, the area's resources are preserved for the future. Enjoy a 25-minute boat ride to the turquoise waters of the Gulf of Mexico, while remaining close to shopping, dining, golf, and the white-sand beaches of Panama City Beach.

Supplements: Surrounded by a slow-moving saltwater marsh, the setting is serene and naturally beautiful. Located within a designated West Bay sector plan, the area's resources are preserved for the future. Enjoy a 25-minute boat ride to the turquoise waters of the Gulf of Mexico, while remaining close to shopping, dining, golf, and the white-sand beaches of Panama City Beach.

More Information MLS# 992817

Contract Info

Listing Board: Emerald Coast List Price/Acre: 1716417.91 List Date: 2026-01-13 List Price: $1,150,000

Location, Tax and Legal

Sub Area: 2721 - Beach - North Central Elementary School: Hutchinson Beach Middle School: Surfside High School: Arnold Legal Description: COLONY CLUB HARBOUR PHASE I LOT 21 MAP 37A ORB 1460 P 578

General Property Info

Sub-Type: Vacant Land Acreage: 0.67

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: TRANQUIL BAYFRONT OPPORTUNITY | 101.1' OF WEST BAY FRONTAGE WITH GULF ACCESS Create your legacy home at 306 Moonlight Bay Drive, a rare bayfront homesite on the peaceful shores of West Bay in Panama City Beach. This buildable parcel offers 101.1 feet of bay frontage and features a fortified seawall already in place, providing shoreline protection and long-term value. Surrounded by a slow-moving saltwater marsh, the setting is serene and naturally beautiful. Located within a designated West Bay sector plan, the area's resources are preserved for the future. Enjoy a 25-minute boat ride to the turquoise waters of the Gulf of Mexico, while remaining close to shopping, dining, golf, and the white-sand beaches of Panama City Beach.

Waterfront

Bay: 1 Shore - Seawall: 1 Waterfront Feet: 101

Waterview

Bay: 1

Lot Access

Paved Road: 1

Utilities

Electric: 1 Public Water: 1 Sewer Available: 1

Zoning

Resid Single Family: 1

Financing

Conventional: 1

None

Current Price: $1,150,000

Status Change Info

Status: Active

Location Tax and Legal

Street #: 306 Street Name: Moonlight Bay Street Suffix: Drive Area: 27 - Bay County State: FL Zip Code: 32407 County: Bay Project Name/Subdivision: COLONY CLUB HARBOUR PH 1 Parcel ID: 32736-022-000

Property Features

Lot Access: Paved Road Zoning: Resid Single Family Waterfront: Bay; Shore - Seawall Waterview: Bay Utilities: Electric; Public Water; Sewer Available Financing: Conventional
Listing Office: Linda Miller Real Estate LLC
Last Updated: January - 13 - 2026
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.