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$189,000
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Property Description
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
Full Property Details for 1218 W Water Oak
General
- Sold For: $189,000
- Taxes: $3,455 (2025)
- Status: Closed
- Type: Residential Lots
- Source: Emerald_Coast
- MLS ID: 991755
- Added to Site: 109 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Not Allowed, BBQ Pit/Grill, Boat Launch, Dock, Exercise Room, Fishing, Gated Community, Pavillion/Gazebo, Pets Allowed, Picnic Area, Playground, Pool, 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
Community
- Association: Yes
- Assoc. Fees Include: Accounting, Ground Keeping, Land Recreation, Management, Master Association, Recreational Faclty, Security, Trash
Utilities
- Utility Description: Tap Fee Due, Underground, None
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018.8
- Lot Dimensions: 72 x 152 x 54 x 152
- Frontage: Private Road
- Lot Features: Covenants, Cul-De-Sac, Restrictions, Within 1/2 Mile to Water
- Zoning: Resid Single Family
Financial Considerations
- Price Per Acre: $821,739.13
- Assessment Amount: $750
- Tax Amount: $3,455.99
- Tax Year: 2025
Disclosures and Reports
- Legal Description: WILD HERON PHASE II 5D LOT CII-4 ORB 4782 P 1383
- APN: 35271-304-000
- Property ID: 35271-304-000
Listed by Scenic Sotheby's International Realty
Sold by Found Real Estate
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Schools
Schools serving 1218 W 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 | 7.1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 10.8 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 1218 W Water Oak
Date
Details
Price
Change
Source
3/16/2026
Sold
$189,000
—
MLS
12/26/2025
Listed
$189,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1218 W Water Oak, Panama City Beach, FL 32413 (MLS# 991755) is a Residential Lots property that was sold at $189,000 on March 16, 2026. Want to learn more about 1218 W Water Oak? Do you have questions about finding other Residential Lots 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.

