0 Fonza Road, Panama City, FL 32409
Local realty services provided by:Better Homes and Gardens Real Estate Historic
0 Fonza Road,Panama City, FL 32409
$7,500,000
- 231.05 Acres
- Lots / Land
- Active
Listed by:jay w burkey
Office:coldwell banker realty
MLS#:772017
Source:FL_BCMLS
Price summary
- Price:$7,500,000
About this home
Rare ±231-acre waterfront development opportunity with ±8,000 feet of natural shoreline on North Bay — now available with flexible deal structures including seller financing and potential joint venture (JV) development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use.
Strategically located in Bay County's rapidly expanding north side, the property is just minutes from Northwest Florida Beaches International Airport, Panama City Beach, and the multi-billion-dollar redevelopment of Tyndall Air Force Base. Adjacent to the established Fanning Bayou subdivision and close to Gulf Coast State College's North Bay Campus, this site sits squarely in the path of major regional growth.
Development Highlights:
* ±231 acres with ±8,000' of natural shoreline
* Previously approved for 218 residential units and a school
* Utilities nearby; excellent access to infrastructure and major roads
* Bay County planning supports new development in this corridor
* Ideal for residential, mixed-use, institutional, or recreational development
This is one of the largest contiguous, undeveloped waterfront parcels remaining in the area. With strong regional demand, supportive zoning, and a seller willing to structure a deal creatively—including JV partnerships—this property offers a compelling opportunity for developers and investors looking to capitalize on Northwest Florida's growth.
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Home facts
- Listing ID #:772017
- Added:166 day(s) ago
- Updated:September 25, 2025 at 07:43 PM
Structure and exterior
- Lot area:231.05 Acres
Finances and disclosures
- Price:$7,500,000
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