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$14,000,000

  • For Sale
  • Active
  • Vacant Land
  • 124 Acres
  • Updated 8 days ago
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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 Legacy Golf Club (f/k/a Holiday Golf Course). Over 1,200 feet of waterfrontage 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 sellers will not subdivide. 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, wetlands delineation, surveys and maps are attached. Call for detailed information & to setup a tour.

Full Property Details for 000 Clara Ave

General

  • Price: $14,000,000
  • Status: Active
  • Type: Vacant Land
  • Source: Bay_County
  • MLS ID: 675020
  • Updated: 2/17/2026
  • Added to Site: 231 day(s) ago

Location

  • County: Bay
  • Subdivision: No Named Subdivision
  • Driving Directions: The property is located on West Bay in Panama City Beach, Florida. The primary access is via the new Clara Avenue extension at the signalized intersection of Panama City Beach Parkway. Parcel ''C'' can be accessed via a 30' easement located on the east-end of Moonlight Bay Drive. Agent must accompany.

School Information

  • Elementary School: Hutchison Beach
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Utilities

  • Utility Description: Sewer Available

Lot Features

  • Property View: Bay, Intercoastal
  • Lot Size (Acres): 124
  • Lot Size (Sq. Ft.): 5,401,440
  • Lot Size: 124
  • Lot Dimensions: 1169' x 819' x 165' x 1, 320' x 1, 983' x 1, 320'...
  • Zoning: City, Other - See Remarks

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Bayou, Bayfront, Gulf Access, Intracoastal Access, Shoreline - Sand, Shoreline - Natural, See Remarks
  • Water Front View: Bayou, Bayfront, Gulf Access, Intracoastal Access, Shoreline - Sand, Shoreline - Natural, See Remarks

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Documents Avail.: Aerial, Topographical Survey
  • Legal Description: 5 Parcels with long legal descriptions. Bay County Parcel I.D. #'s: 32733-010-000, 32733-000-000, 33996-000-000
  • Property ID: 32733-000-000

Listed by Counts Real Estate Group Inc

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Listing agent

— 000 Clara Ave —

  • Counts Real Estate Group Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 000 Clara Ave

School District:Bay County School District
NameGradesDistance
Hutchison Beach Elementary School
12900 Middle Beach Rd, Panama City, FL 32407
K-50.5 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-81 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 000 Clara Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/18/2025
Price Increased
$14,000,000
12%
MLS
3/08/2022
Price Increased
$12,500,000
11.61%
MLS
10/04/2021
Price Increased
$11,200,000
1.82%
MLS
9/17/2021
Price Increased
$11,000,000
14.58%
MLS
6/11/2019
Price Reduced
$9,600,000
-17.24%
MLS
8/08/2018
Listed
$11,600,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 000 Clara Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,693
-5%
$430,000
—
2024
$4,917
—
$430,000
—
2023
$4,925
13%
$430,000
—
2022
$4,354
13%
$430,000
25%
2021
$3,858
-1%
$344,000
—
2019
$3,889
-2%
$344,000
—
2018
$3,957
2%
$344,000
—
2017
$3,896
-1%
$344,000
—
2016
$3,953
-3%
$344,000
—
2015
$4,077
—
$344,000
—
2014
$4,072
11%
$344,000
—
2013
$3,685
—
$344,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 000 Clara Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Counts Real Estate Group Inc

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000 Clara Avenue, Panama City Beach, FL 32407 (MLS# 675020) is a Vacant Land property with a lot size of 124 acres. 000 Clara Avenue is currently listed for $14,000,000 and was received on July 09, 2025. Want to learn more about 000 Clara Avenue? Do you have questions about finding other Vacant Land real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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