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$925,000 Just Listed
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Property Description
Build your dream home on this exceptional .74-acre waterfront homesite on Lake Powell--Florida's largest coastal dune lake. Rarely do opportunities like this come available, offering both generous depth and expansive frontage along the main body of the lake. With no restrictions on vacation rentals, this property presents incredible flexibility--whether you envision a private coastal retreat or a high-performing investment property. The size and setting allow for the creation of a true destination-style residence, with ample room for outdoor living, a private pool, private dock and boat lift, providing seamless access to Lake Powell and the Gulf and beaches. Ideally positioned in West Panama City Beach, you're less than a mile to the nearest beach access and just moments from the dining, shopping, and charm of Scenic Highway 30A, as well as the natural beauty of Camp Helen State Park. Just beyond the inlet, the Gulf waters offer access to nearby artificial reefs and productive fishing grounds--adding to the exceptional waterfront lifestyle this location provides. An exceptional opportunity to build, invest, and enjoy one of the area's most sought-after waterfront settings.
Full Property Details
Full Property Details for 134 Cain Rd
General
- Price: $925,000
- Taxes: $4,893 (2025)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 788298
- Updated: 4/14/2026
- Added to Site: 5 day(s) ago
Location
- County: Bay
- Subdivision: N/A
- Driving Directions: From US Hwy 98/Panama City Beach Parkway, turn North onto Cain Road (Right turn if traveling West, left turn if traveling East), just across from Carillon Beach. Follow Cain Road to the fenced in waterfront parcel, which will be on the right.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Utilities
- Sewer: Public Sewer
- Utility Description: Sewer Available
Structural Information
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf, Lake
- Lot Size (Acres): 0.74
- Lot Size (Sq. Ft.): 32,278
- Lot Size: .74
- Lot Dimensions: 128 x 179 x 184 x 235
- Lot Features: Paved
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, See Remarks
- Water Front View: Lake, See Remarks
- Lake Front: Yes
Financial Considerations
- Tax Amount: $4,893
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 32 2S 17W -34- 5D3 BEG 15' N OF SE COR OF GOVT LOT 34 TH WLY 254.63' NLY 83.50' WLY 46.85' N 17 DEG E 189.36' TO WATERS EDGE TH MEANDER ALG WATER 269.75' TH S 173.94' TO POB LYING IN & BEING PART OF GOVT LOT 34 ORB 1458 P 938
- Property ID: 35252-000-000
Listed by The Premier Property Group
Get Pre-Approved Today
Schools
Schools serving 134 Cain Rd
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 7.2 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 | 10.6 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 134 Cain Rd
Date
Details
Price
Change
Source
4/14/2026
Listed
$925,000
85%
MLS
2/24/2025
Sold
$500,000
—
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 134 Cain Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,893
37%
$398,040
37%
2024
$3,575
-8%
$290,876
-12%
2023
$3,877
25%
$329,421
27%
2021
$3,110
—
$259,304
-3%
2022
$3,101
—
$268,142
-1%
2021
$3,110
8%
$271,746
23%
2019
$2,869
7%
$221,626
10%
2018
$2,677
17%
$201,478
11%
2017
$2,296
-2%
$182,210
—
2016
$2,339
-3%
$182,210
—
2015
$2,405
-5%
$182,210
-6%
2014
$2,544
13%
$193,024
—
2013
$2,254
—
$193,024
—
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 134 Cain Rd
134 Cain Road, Panama City Beach, FL 32413 (MLS# 788298) is a Vacant Land property with a lot size of 0.74 acres. 134 Cain Road is currently listed for $925,000 and was received on April 14, 2026. Want to learn more about 134 Cain Road? 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.

