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$39,000
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Property Description
Just steps from the boat launch you have beautiful views of Lake Martin just a 15 minute drive from Tyndall Air Force Base. Enjoy privacy on this dead end road surrounded by property owned by the City of Springfield and Bay County. Ideally situated near all the conveniences of city life plus the recreation offered by, not only Martin Lake, but St. Andrews Bay right around the corner, Panama City Beaches sugar white sandy beaches less than 30 minutes away by land or water and in the opposite direction the amazing Mexico Beach & it's old Florida charm, pet friendly beaches and amazing fishing/swimming/sunning/etc. Build your dream getaway with beautiful view of Lake Martin on this .2 acre vacant lot, ideally positioned to enjoy the serenity and natural beauty of lakeside living. Property is NOT currently addressed and address is proposed based on surrounding addresses. Located in an AE flood zone, this property offers an excellent opportunity for buyers familiar with elevateed or flood-compliant construction, making it well suited for a custom home designed to maximize views and outdoor living. Whether you envision a peaceful primary residence, a weekend retreat, or an investment property, this lot provides the setting to capture stunning water views and the relaxed lifestyle Lake Martin is know for. Utilities nearby (buyer to verify), and the surrounding area offers boating, fishing, and endless outdoor recreation. A rare opportunity to secure a buildable lot with lake views at an attractive price point-bring your builder and your vision. Property is NOT currently addressed, address is proposed based on surrounding addresses.
Full Property Details
Full Property Details for 112 Bayou Ave
General
- Price: $39,000
- Taxes: $297 (2024)
- Status: Active
- Type: Land Residential
- Source: Bay_County
- MLS ID: 782990
- Updated: 1/9/2026
- Added to Site: 20 day(s) ago
Location
- County: Bay
- Subdivision: Grove Heights
- Driving Directions: Tyndall Parkway, turn onto Cherry St. toward Martin Lake. If you are at Martin Lake, with water on both sides of you, this property is to your right. Turn right onto Bayou Ave. until it dead ends, look right, thats the lot for sale
School Information
- Elementary School: Cherry Street
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 02 - Bay County - Central
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,843
- Lot Size: .2
- Lot Dimensions: 50 x 177
Financial Considerations
- Tax Amount: $297
- Tax Year: 2024
Disclosures and Reports
- Legal Description: GROVE HTS SUBDIV -118C4- LOT 84 ORB 1059 P 384 ORB 2748 P 402
- Property ID: 24050-000-000
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Schools
Schools serving 112 Bayou Ave
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Parker Elementary School 640 South Highway 22 A, Panama City, FL 32404 | PK-5 | 0.8 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 1.4 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 112 Bayou Ave
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$39,000
-12.16%
MLS
12/28/2025
Listed
$44,400
—
MLS
Disclaimer: Historical sales 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 112 Bayou Ave
112 Bayou Avenue, Panama City, FL 32401 (MLS# 782990) is a Land Residential property with a lot size of 0.2 acres. 112 Bayou Avenue is currently listed for $39,000 and was received on December 28, 2025. Want to learn more about 112 Bayou Avenue? Do you have questions about finding other Land Residential real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

