CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. WOW! Rare lot with HUGE potential. Lakefront property with beautiful views and possible Gulf views with a 45 ft building height restriction. See pictures. Perfect for income producing vacation rental, dream home, or commercial property Lot is deep, lots of options here. Make renovations, add-on, or tear down and build new! Zoned for C-2 Plaza Commercial but allows residential uses. Property is sold as-is, no repairs will be made. All uses, zoning, sizes, dimensions, and feasibility to be verified by buyer.
Single-familyProperty Type
1952Year Built
5,619 sq ftLot Size
$842Est. Price/Sq.Ft.
Listed by Nelsons at Keller Williams Nelson• Keller Williams Success Realty
Bought with Nelsons at Keller Williams Nelson• Keller Williams Success Realty
Source:CPARMLS #697776
Redfin Estimate
$592,720
$107K since sold in January 2026$73K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 53.3% higher than the average sale price ($387K) of 6 comparable homes.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
C-2
Plaza Commercial Zone
C-2 uses should be located on a collector or arterial roadway or at intersections of collector and arterial roadways unless specifically included in an overall plan of development.
Permitted uses
Include but are not limited to:
Gas station
Convenience store
Day care facility
Laundromat
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Office
Jan 14, 2026 • Active
Demolition
Demolition
May 20, 2021 • Final
Roof
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air
Exterior
Exterior Information
Building Construction Quality: Good
Exterior Wall: Concrete Block/Stucco
Building Type: Single Family
Property Information
Subdivision Name: LAGUNA BCH ESTATE
Living Sq. Ft: 704
Adjusted Gross Sq. Ft: 735
Ground Floor Sq. Ft: 704
Building Sq. Ft: 858
# of Units: 1
# of Stories: 1
Legal Description: LAGUNA BCH EST 5TH ADD (2.35) BEG AT SELY COR OF LOT 22 NELY 110' SELY 60' NELY 50' NWLY 29.15'M/L TO WATER WLY TO A PT SWLY 130.78' SELY 38.5' TO POB ORB 1033 P 1518 BLK 12 ORB 4355 P 662
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,619
Legal Lot Number: 22
Legal Block Number: 12
Acres: 0.129
Depth Footage: 145
Front Footage: 39
Zoning Code: C-2
State Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Tax Area: FIRE GULF
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 704
Stories: 1.0
Lot Size: 5,619 square feet
Style: Single Family Residential
Year Built: 1952
Year Renovated: 1952
County: Bay County
APN: 36733020000
Home facts updated by county records on Sep 14, 2026
Around this home
Schools
West Bay Elementary School
Public PreK-5 • Assigned • 5.6mi
6/10
Surfside Middle School
Public PreK-12 • Assigned • 5.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 8-12% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Panama City Beach, FL • 32413
Average low and high temperatures (°F)
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48
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Sun exposure
In this area, properties receive around 9.5 hours in
June and 5.6 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$564,000 – $682,000
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