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$189,000

  • For Sale
  • Active
  • Vacant Land
  • 0.23 Acres
  • Updated 12 days ago
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Set within the gated community of Wild Heron, this 0.23-acre homesite conveys with a complete set of thoughtfully designed plans, offering a rare opportunity to build a custom residence in one of Panama City Beach's most private and thoughtfully planned neighborhoods. Spanning more than 734 acres of protected natural beauty, Wild Heron is designed for long-term residential living, with short-term rentals not permitted, offering exceptional privacy and tranquility. Located approximately a quarter mile from the community's resort-style amenities, residents enjoy a heated lakefront pool and spa, fitness center, waterfront boathouse and pavilion, fishing dock, scenic boardwalks along Lake Powell, walking and nature trails, playground, and community fire pit. Wild Heron also features a marina with boat slips available for lease, providing direct access to Lake Powell for kayaking, paddleboarding, and boating. Wild Heron is home to the Shark's Tooth Golf Course, featuring a clubhouse with dining, bar and grill, locker rooms, and Har-Tru tennis courts. Golf club access requires a separate membership. This homesite presents an exceptional opportunity to enjoy a refined coastal lifestyle where luxury, nature, and privacy seamlessly coexist.

Full Property Details for 1218 W Water Oak W

General

  • Price: $189,000
  • Taxes: $3,455 (2025)
  • Status: Active
  • Type: Vacant Land
  • Source: Emerald_Coast
  • MLS ID: 991755
  • Updated: 1/6/2026
  • Added to Site: 23 day(s) ago

Additional Information

  • Shared Amenities: BBQ Pit/Grill, Boat Launch, Dock, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, Short Term Rental - Not Allowed, Waterfront

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Wild Heron
  • Driving Directions: Travel east on Hwy 98 from Destin or west from Panama City. Wild Heron is approximately 5 miles west of Hwy 79. From Hwy 98, turn N on Wild Heron Way. Through the guard gate, follow Wild Heron Way all the way to the first roundabout and follow the roundabout to the left onto Prospect Promenade. Take second left on W. Water Oak Bend. Follow road curving right, lot will be on the north side.

School Information

  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold

Utilities

  • Utility Description: None, Tap Fee Due, Underground

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Dimensions: 72 x 152 x 54 x 152
  • Lot Features: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
  • Zoning: Resid Single Family

Financial Considerations

  • Price Per Acre: $821,739
  • Assessment Amount: $650
  • Assmt Payment Freq: Quarterly
  • Land Assmt: $650
  • Tax Amount: $3,455
  • Tax Year: 2025
  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: WILD HERON PHASE II 5D LOT CII-4 ORB 4782 P 1383
  • Assessment: Yes
  • APN: 35271-304-000

Listed by Scenic Sotheby's International Realty

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Listing agents

— 1218 W Water Oak W —

  • Scenic Sotheby's International Realty

  • Scenic Sotheby's International Realty

cliff@scenicsir.com

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1218 W Water Oak W

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-57.1 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-88.8 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-1210.8 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 1218 W Water Oak W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/26/2025
Listed
$189,000
57.5%
MLS
3/13/2024
Sold
$120,000
—
Public Record
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 1218 W Water Oak W

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,617
-17%
$74,900
10%
2023
$3,157
36%
$68,000
32%
2021
$2,322
-7%
$51,600
-12%
2022
$2,493
7%
$58,438
36%
2021
$2,322
18%
$43,000
11%
2019
$1,965
-5%
$38,700
-13%
2018
$2,067
-12%
$44,550
10%
2017
$2,337
-14%
$40,500
-5%
2016
$2,731
1%
$42,445
15%
2015
$2,714
-3%
$36,900
6%
2014
$2,803
-3%
$34,850
-19%
2013
$2,886
—
$43,000
—
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.

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Listed by Scenic Sotheby's International Realty

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1218 W Water Oak W, Panama City Beach, FL 32413 (MLS# 991755) is a Vacant Land property with a lot size of 0.23 acres. 1218 W Water Oak W is currently listed for $189,000 and was received on December 26, 2025. Want to learn more about 1218 W Water Oak W? 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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