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$265,000
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Property Description
Beautiful lot in gated waterfront community. Protected lands to the back and side of lot. Elegant neighbourhood with so many amities. Pool, park fire pits, boardwalks on the lake. Boathouse and community room for gatherings. This lot is a short walk to the lake but still tucked aways from all the traffic. Listing agent is owner of lot.
Full Property Details
Full Property Details for 1118 E Water Oak
General
- Price: $265,000
- Taxes: $3,230 (2025)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 786478
- Updated: 3/28/2026
- Added to Site: 28 day(s) ago
Additional Information
- Shared Amenities: Barbecue
Location
- County: Bay
- Subdivision: Wild Heron Phase II
- Driving Directions: From Wild Heron Way to Prospect Promenade left to East Water Oak Bend. lot on the left.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,636
- Lot Size: .34
- Lot Dimensions: IRG
Financial Considerations
- Tax Amount: $3,230
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: WILD HERON PHASE II 5D LOT CII-35 ORB 4155 P 1255
- Property ID: 35271-335-000
Listed by Dalton Wade Inc
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Schools
Schools serving 1118 E Water Oak
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 6.8 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 10.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1118 E Water Oak
Date
Details
Price
Change
Source
3/28/2026
Price Increased
$265,000
3.92%
MLS
3/07/2026
Listed
$255,000
183.33%
MLS
9/23/2009
Sold
$90,000
—
Public Record
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
Tax History for 1118 E Water Oak
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,139
-59%
$146,473
4%
2024
$2,797
-15%
$140,250
15%
2023
$3,300
39%
$122,117
105%
2022
$2,379
9%
$59,500
51%
2021
$2,178
—
$39,313
23%
2021
$2,178
12%
$31,875
-13%
2019
$1,939
—
$36,550
8%
2018
$1,932
-14%
$34,000
1%
2017
$2,249
-15%
$33,511
-6%
2016
$2,649
—
$35,700
13%
2015
$2,642
-4%
$31,500
—
2014
$2,759
-3%
$31,500
-20%
2013
$2,846
—
$39,513
—
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
Estimate the Cost for 1118 E Water Oak
1118 E Water Oak, Panama City Beach, FL 32413 (MLS# 786478) is a Land Residential property with a lot size of 0.34 acres. 1118 E Water Oak is currently listed for $265,000 and was received on March 07, 2026. Want to learn more about 1118 E Water Oak? Do you have questions about finding other Land Residential 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.

