Residential Waterfront Development Opportunity

Fanning Bayou Drive Panama City, FL 32409

Fanning Bayou Drive , Panama City, FL, 32409
Fanning Bayou Drive , Panama City, FL, 32409
FOR SALE
Property Type:
Residential Land Development
Amount:
$5,000,000
Cap Rate:
0.00%
Last Verified:
Nov 05, 2025

Daily Email Blast
0 times


Waterfront development opportunity with R-2 zoning already in place, allowing for up to 89 units. Property offers deepwater access via Newman Bayou and North Bay, providing an ideal setting for waterfront living. Conveniently located just 30 minutes from Panama City and Panama City Beach. Panama City Beach is experiencing unprecedented growth and recognition, forecasted by CNN’s Money Magazine as the nation’s fastest-growing city and ranked as one of the Top 3 Beaches in the U.S. by TripAdvisor. Readily available utilities and completed curb cuts for seamless roadway access.

Additional URLs

Map of Fanning Bayou Drive , Panama City, FL, 32409

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.