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$495,000
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Property Description
Prime Oversized Lot Just One Block from the Gulf! !! This 6,750 sq ft parcel is zoned R-3, allowing for a duplex, triplex, quadplex, or two townhomes with garages and a pool - or build your coastal dream home with room for a garage and private pool. Located on a quiet, one-block dead-end street in a charming, low-traffic neighborhood, you'll enjoy a peaceful setting that's still just minutes from all the excitement and amenities of Panama City Beach. Take a golf cart ride or stroll to the beach, a locally owned grocery and beverage store, or several popular restaurants. Close to Camp Helen State Park, home to one of Florida's largest coastal dune lakes - perfect for fishing, kayaking, paddleboarding, or crabbing. Whether you're an investor looking to build a profitable multi-family rental or Airbnb, or dreaming of your own personal beach retreat, this property offers flexibility, location, and potential. Mature palms and oaks provide a lush coastal backdrop, with city water hook up readily available and sewer available. An exceptional opportunity in a prime beachside setting! Property in this neighborhood doesn't come available often! Don't miss this opportunity, CALL TODAY/// Let's make this dream your reality. ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE VERIFIED BY BUYER.
Full Property Details
Full Property Details for 232 Cathy Pl
General
- Price: $495,000
- Taxes: $1,616 (2024)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 775624
- Updated: 1/6/2026
- Added to Site: 203 day(s) ago
Location
- County: Bay
- Subdivision: Wells Gulf Beach Estates
- Driving Directions: From Highway 79 turn left onto Front Beach Road, Drive about 0.3 miles, then turn right onto Vestavia Street just passing HIghway 79, turn left on Lynn Street for one block then turn right on Cathy Place lot is on your right.
School Information
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,750
- Lot Size: .15
- Lot Dimensions: 92 x 76 x 92 x 76 AP x
- Frontage: City Street
- Zoning: Multi-Family
Financial Considerations
- Tax Amount: $1,616
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: WELLS GULF BEACH EST -20- 21B1 BEG 261' S & 102.5' E OF NW COR BLK 4 E 90' S 75' W 90' N 75' TO POB BLK 4 ORB 4035 P 2191
- Property ID: 38423-000-000
Listed by CENTURY 21 Commander Realty
Get Pre-Approved Today
Schools
Schools serving 232 Cathy Pl
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 4.9 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 6.2 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 232 Cathy Pl
Date
Details
Price
Change
Source
12/05/2025
Price Reduced
$495,000
-16.81%
MLS
6/30/2025
Listed
$595,000
720.69%
MLS
8/03/2018
Sold
$72,500
—
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 232 Cathy Pl
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,616
1%
$162,033
-1%
2023
$1,598
54%
$164,000
87%
2021
$1,040
-16%
$87,642
-29%
2022
$1,245
20%
$123,534
56%
2021
$1,040
22%
$79,141
20%
2019
$850
13%
$66,132
44%
2018
$750
49%
$45,856
10%
2017
$503
3%
$41,687
—
2016
$490
2%
$41,687
5%
2015
$482
—
$39,750
—
2014
$481
10%
$39,750
—
2013
$436
—
$39,750
—
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 232 Cathy Pl
232 Cathy Place, Panama City Beach, FL 32413 (MLS# 775624) is a Vacant Land property with a lot size of 0.15 acres. 232 Cathy Place is currently listed for $495,000 and was received on June 30, 2025. Want to learn more about 232 Cathy Place? 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.

