0000 La Paloma Terrace, Panama City, FL 32401 - Photo 1

1/1

$148,714

Sold
Closed
Land Residential
0.21 Acres
Updated 12 days ago

1/1

Property Description

Imagine building your coastal sanctuary on this waterfront canvas-a serene home site offering direct bay access with passage to the Gulf on Watson Bayou. Wake up to gentle breezes and panoramic water views, all framed by charming palm trees and open skies. Perfectly positioned, this lot offers the rare combination of a peaceful retreat and vibrant convenience. Just minutes from historic downtown Panama City and less than a mile walk, you can experience revitalized city living-think boutique dining, waterfront parks, the bustling Oyster Trail, unique local shops, and more Whether you're launching kayaks at sunrise, boating out for Gulf adventures, or building a dreamy backyard oasis with a pool and dock, this site has you covered. It's a prime opportunity for a custom residence that blends tranquil waterfront living with easy access to culture and commerce.

Full Property Details

Full Property Details for 0000 La Paloma Terrace

General

Sold For: $148,714
Taxes: $1,039 (2024)
Status: Closed
Type: Land Residential
Source: Bay_County
MLS ID: 778247
Added to Site: 143 day(s) ago

Location

County: Bay
Subdivision: La Paloma On The Water
Driving Directions: From 15th St going West turn South on MLK Blvd. and go approximately 1 mile to E. 7th St. and turn Left. As you cross over N. Bonita Ave, the street becomes La Paloma Terrace. The home site is about a tenth of mile around the curve on the bay side.

School Information

Elementary School: Cherry Street
Middle School: Jinks
High School: Bay

Community

Community Name: 02 - Bay County - Central

Utilities

Utility Description: None, Sewer Available

Lot Features

Lot Size (Acres): 0.21
Lot Size (Sq. Ft.): 9,017
Lot Size: .21
Lot Dimensions: 86 x 105

Water Features

Water Front: Yes
Water Front Desc.: Bayou, Gulf Access
Water Front View: Bayou, Gulf Access

Financial Considerations

Tax Amount: $1,039
Tax Year: 2024

Disclosures and Reports

Legal Description: LA PALOMA ON THE WATER LOT 1 ORB 4695 P 782
Property ID: 22105-100-001

Listed and Sold by RC Real Estate Group

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code *

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 0000 La Paloma Terrace —

RC Real Estate Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 0000 La Paloma Terrace

Date

Details

Price

Change

Source

11/12/2025

Sold

$148,714

-12%

MLS

8/28/2025

Listed

$169,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

12 Cornelia St, Freeport, FL 32439 - Photo 1

Just Listed

$369,500

12 Cornelia St Freeport, FL 32439

Single Family
Active
Updated 5 days ago

4
Beds
3
Total Baths
2,039
Sq. Ft.

Listed by Beverly Buck Team (850) 650-4563

36 E Gray Owl Dr E, Freeport, FL 32439 - Photo 1

Price Reduced

-$19,355 (-4.67%)

$394,900

36 E Gray Owl Dr E Freeport, FL 32439

Single Family
Active
Updated 5 days ago

4
Beds
2
Total Baths
2,108
Sq. Ft.

941 W Florida 20 Hwy, Freeport, FL 32439 - Photo 1

Just Listed

$2,000,000

941 W Florida 20 Hwy Freeport, FL 32439

Commercial Investment
Active

152 Dockside Rd, Freeport, FL 32439 - Photo 1

Just Listed

$333,900

152 Dockside Rd Freeport, FL 32439

Single Family
Active
Updated 6 days ago

4
Beds
2
Total Baths
1,799
Sq. Ft.

400 Pitts Bayshore Dr, Freeport, FL 32439 - Photo 1

Price Reduced

-$184,000 (-11.26%)

$1,450,000

400 Pitts Bayshore Dr Freeport, FL 32439

Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
2,734
Sq. Ft.

Listed by Cheri Dickson (850) 612-1281 and Nick Brown (540) 379-4435

61 S Main Deck Dr S, Freeport, FL 32439 - Photo 1

Price Reduced

-$10,000 (-3.71%)

$259,900

61 S Main Deck Dr S Freeport, FL 32439

Townhouse
Active
Updated 5 days ago

3
Beds
3
Total Baths
1,470
Sq. Ft.

155 Eunola Ln, Freeport, FL 32439 - Photo 1

Price Reduced

-$28,700 (-7.2%)

$369,900

155 Eunola Ln Freeport, FL 32439

Single Family
Active
Updated 5 days ago

3
Beds
2
Total Baths
1,580
Sq. Ft.

699 Riverwalk Cir, Freeport, FL 32439 - Photo 1

Price Reduced

-$5,100 (-1.48%)

$339,900

699 Riverwalk Cir Freeport, FL 32439

Single Family
Active
Updated 3 days ago

3
Beds
2
Total Baths
1,768
Sq. Ft.

Sold

$148,714