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CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS -- Prime Development Opportunity with Existing Residence on Expansive Acreage! Rarely does a property offer this combination of immediate usability and long-term development upside. Situated on a large tract in a rapidly growing area, this property features an existing 2-bedroom, 1-bath residence, while presenting exceptional redevelopment potential for builders, developers, and investors. Preliminary development discussions indicate the site may support approximately eight homes per acre, subject to all local, state, and federal approvals, engineering, zoning, permitting, and final governmental review. A small wetland area is believed to be mitigable through the purchase of wetland mitigation credits, potentially maximizing the property's overall development yield. The existing residence provides flexibility as a temporary office, rental property, caretaker's home, or holding asset while planning and entitlement work is completed. This property is currently zoned for a large equestrian estate, and is truly one of a kind. On site there is county water, sewer, two lift stations, and a foundation that is build ready! Rare opportunity to own nearly 3 acres of property just 5 minutes to the sugar white sands of Panama City Beach. Whether your vision is a boutique residential community, custom home enclave, strategic long-term investment, or an equestrian ranch or family estate, this property offers the scale and flexibility to bring that vision to life. Buyer to independently verify all zoning, density, permitted uses, environmental conditions, utility availability, wetland delineation, mitigation requirements, and development feasibility with the appropriate governmental agencies and licensed professionals.
Data source: Emerald Coast Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
Request a showingThe beach in Panama City Beach is public. The closest public access to this home is S. Rick Seltzer Park, about 1.5 mi away.
Closest public beach access:
Parking: Free unpaved lot, 4.7-acre park
Restrooms, outdoor showers, boardwalk, gazebo, pavilion, seasonal lifeguard, mobility mats
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsThis is general information to help you plan, not legal advice about any specific property. The beach in Panama City Beach is public, but individual access points vary - some have coded gates for nearby residents and guests, and parking differs from one access to the next. Confirm parking and entry before heading out.
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Counts Real Estate Group
Courtesy of EXP Realty LLC · Abbott Martin Group · 850-460-2900
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 may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Counts Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Listing data last updated 2026-08-23 19:30:24.