Property Attributes
- MLS#787077
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City
- Area02 - Bay County - Central
- NeighborhoodLakewood
- Zip32404
- Style
- Taxes$ 847
- Price$ 89,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.67 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Wake up to peaceful waterfront views on Lake Martin with this rare 0.67-acre lakefront homesite in Panama City, FL. Offering direct water access, this property is ideal for building your custom home while enjoying kayaking, fishing, and quiet mornings right from your backyard. Set within an established residential area with surrounding homes already in place, this lot provides both a clear vision for future development and a sense of community, while still offering privacy and space to create your own waterfront retreat. The property features a functional layout with plenty of room for a custom home, outdoor living areas, and more. Conveniently located just minutes from Tyndall Air Force Base, shopping, dining, schools, and the waters of St. Andrew Bay, this location combines quiet lakefront living with everyday convenience. With no HOA, you will enjoy fewer restrictions and more flexibility to build. Whether you're searching for lakefront land, a waterfront homesite, or an investment opportunity in Bay County, this property offers both lifestyle appeal and long-term value. Don't miss your chance to own waterfront property on Lake Martin. Schedule your showing today.
| Elementary School | Middle School | High School |
|---|---|---|
| Parker Elementary School | Everitt Middle School | Rutherford High School |
| Price History | |
|---|---|
| 3/20/2026 | Listed $99,900 |
| 8/18/2026 | 10$89,900 |
General Features
| Utilities | Sewer Available |
|---|---|
| Property Subtype | Residential |
| Tax Year | 2025 |
| County | Bay |
| Property Type | Land |
| HOA | false |
| Subdivision Name | Lakewood |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | E Highway 98, Turn left onto E 3rd St, Turn right onto N Highway 22A, Continue on S Highway 22 A, Turn right onto S Lakewood Dr. Lot will be down on your right. |
| High School | Rutherford |
| City | Panama City |
| Zoning Description | Resid Single Family |
| MLS Area | 02 - Bay County - Central |
| Lot Size Units | Acres |
| Lot Size Square Feet | 29185 |
| Elementary School | Parker |
| Tax Annual Amount | 847 |
| Middle/Junior High School | Everitt |
| MLS Area Minor | 0202 - Bay - Central SE |
| Standard Status | Active |
| Property Sub Type Additional | Residential,Unimproved Land |
| Waterfront Features | Lake |
| View | Lake |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Size Area | 0.67 |
| Lot Dimensions | 130'+- x 298'+- x 74.7'+- x 285'+- |
| Lot Size Acres | 0.67 |
| Road Frontage Type | City Street |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Copyright © 2026 by the Multiple Listing Service of the Pensacola Association of
REALTORS ® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re-transmitted, copied, framed, re-purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS ®. Florida
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.