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000 Clara Avenue,

Panama City Beach, FL

$12,500,000

124 Acres on West Bay in Panama City Beach - ''The Oak Grove on West Bay''. Located on the east-side of Colony Club & Trieste neighborhoods & the Holiday Golf Course. Over 1,200 feet on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The primary access is via the Clara Avenue extension, which is a 100' right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, surveys and maps are attached. Call for detailed information & to setup a tour.

850.612.8787

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Facts & Features

MLS® # 927841

Price $12,500,000

Square Footage 5,401,440

Acres 124.00

Type Residential Land

Sub-Type Vacant Land and Lots

Status Active

Listing Office Counts Real Estate Group Inc

Community Information

Address 000 Clara Avenue

Area 27 - Bay County

Subdivision NO RECORDED SUBDIVISION

City Panama City Beach

County Bay

State FL

Zip Code 32407

Amenities

Utilities Sewer Available

Features Aerials/Topo Availbl, Dead End, Easements, Survey Available, Will Divide

Is Waterfront Yes

Waterfront Bay, Intracoastal Wtrwy

Exterior

Lot Description Aerials/Topo Availbl, Dead End, Easements, Survey Available, Will Divide

School Information

Elementary Hutchinson Beach

Middle Surfside

High Arnold

Additional Information

Days on Market 871

Zoning City, See Remarks

Foreclosure No

Short Sale No

RE / Bank Owned No

Listing Details

Office Counts Real Estate Group Inc

Sarah Hall

Cell: 850-771-1403

Let's Schedule a Property Showing Yes, I want to be able to search all listings, view detailed property information, multiple photos, videos, virtual tours, address, street view, maps, and similar listings. I want to be able to request additional info and ask detailed questions about properties and communities. Please activate my Personal Control Panel and send me listings that match my specific saved search criteria via email.

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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is 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.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2025, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on December 4th, 2025 at 11:54pm CST.

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000 Clara Avenue,

$12,500,000

Need a Rental Projection?

Sarah Hall