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$140,000 Just Listed
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Property Description
Waterfront Opportunity on East Bay Discover the possibilities at 4801 E Bay Drive, a rare 0.69-acre vacant waterfront lot offering the perfect setting to build the property you've always envisioned. With navigable water access leading directly to East Bay, you'll have the freedom to get out on the water and explore wherever your heart desires. Whether you're looking to enjoy the open waters of East Bay, venture toward the Intracoastal Waterway, or simply spend quiet mornings and peaceful evenings along the shoreline, this property puts you just a short boat ride from it all. Located in a quiet, lightly developed area, this property offers a sense of privacy and tranquility that is increasingly hard to find. With ample space and waterfront access, it's an ideal opportunity to create a custom home, retreat, or personal waterfront escape tailored to your vision. Build what you desire. Live where the water is your backyard. Enjoy the peace, privacy, and freedom that waterfront living provides.
Full Property Details
Full Property Details for 4801 E Bay Dr
General
- Price: $140,000
- Taxes: $539 (2025)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 794340
- Updated: 8/20/2026
- Added to Site: 6 day(s) ago
Location
- County: Bay
- Subdivision: Richard Bayou Estates
- Driving Directions: Head East on Hwy 22. Turn right onto Hwy 2297. Follow it for several miles until you come to Piercy Road. Take a right on Piercy. A slight right onto E Bay Drive. Property is at the end of the cul de sac.
School Information
- Elementary School: Callaway
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
Utilities
- Sewer: Septic Needed
- Water: Well Needed
- Well: Yes
Lot Features
- Property View: Bay, Bayou
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 30,056
- Lot Size: .69
- Lot Dimensions: 120.0 ft x 253.0 ft
- Lot Features: Cul-De-Sac
- Zoning: Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Bayou, Gulf Access
- Water Front View: Bayou, Gulf Access
Financial Considerations
- Tax Amount: $539.37
- Tax Year: 2025
Disclosures and Reports
- Legal Description: 7 5S 12W -12.2- MAP 187C COM AT THE SE COR OF LOT 5 TH RUN W 1760' N 1189.79' FOR POB TH CONT N 120.03' TO THE SE COR OF LOT 12 RICHARD BAYOU ESTATES TH E 250' M/L TO THE C/L OF STREAM TH SLY ALONG C/L 120' M/L TO A POINT THAT IS S89 DEG E FROM POB TH N89 DEG W 257' M/L TO POB TOGETHER WITH INGRESS / EGRESS EASEMENT ORB 4105 P 2126
- Property ID: 03976-015-000
Listed by Think Real Estate
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Schools
Schools serving 4801 E Bay Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 8.1 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 10.5 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 4801 E Bay Dr
Date
Details
Price
Change
Source
8/20/2026
Listed
$140,000
233.33%
MLS
6/25/2018
Sold
$42,000
—
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 4801 E Bay Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$539
-5%
$43,590
-15%
2024
$569
11%
$51,324
17%
2023
$511
27%
$43,992
26%
2022
$402
—
$34,827
3%
2021
$401
-1%
$33,727
—
2019
$405
46%
$33,727
48%
2018
$277
6%
$22,770
8%
2017
$262
-3%
$21,130
—
2016
$269
-3%
$21,130
—
2015
$278
-2%
$21,130
-2%
2014
$284
6%
$21,589
-6%
2013
$267
—
$22,968
—
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 4801 E Bay Dr
4801 E Bay Drive, Panama City, FL 32404 (MLS# 794340) is a Vacant Land property with a lot size of 0.69 acres. 4801 E Bay Drive is currently listed for $140,000 and was received on August 20, 2026. Want to learn more about 4801 E Bay Drive? Do you have questions about finding other Vacant Land 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.

