Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths

$7,500,000

0 Fonza Road, Panama City FL, 32409

Price per sqftN/A
Property typeCommercial

Overview

Active

Listed Apr 16, 2025

Updated Jun 12

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.

Additional information

MLS® ID
772017

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
231.05 Acres

Other Property Details

View
Yes
Waterfront
Yes

 

Courtesy of Coldwell Banker Realty, Jay W Burkey,
Listing Contact: 850-866-8459 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coastal Heritage Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

© 2026 Central Panhandle Association of REALTORS. All rights reserved.

Powered by Luxury Presence