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Lot/land
  • $1,150,000

    306 Moonlight Bay Dr, Panama City Beach, FL 32407

    --beds
    --baths
    0.67Acres
    Unimproved Land
    Built in ----
    0.67 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    TRANQUIL BAYFRONT OPPORTUNITY | 101.1' OF WEST BAY FRONTAGE WITH GULF ACCESS Discover a rare opportunity to create your legacy home at 306 Moonlight Bay Drive, a serene bayfront homesite nestled along the peaceful shores of West Bay in Panama City Beach, Florida. This exceptional parcel offers 101.1 feet of bay frontage and is protected by a fortified seawall already in place, providing long-term shoreline stability while preserving the natural beauty of the property. The surrounding slow-moving saltwater marsh creates a calming, nature-rich setting—one of the Emerald Coast's most beautiful and quietly treasured environments. Located within a designated West Bay sector plan, the area's natural resources are intentionally preserved and protected, enhancing both lifestyle and long-term value. From your future dock, enjoy a scenic 25-minute boat ride to the turquoise waters of the Gulf of Mexico, offering the rare advantage of both sheltered bay boating and easy Gulf access. Despite its peaceful setting, the property is conveniently located near the best of Panama City Beach living, including shopping, dining, golf, and world-renowned white-sand beaches. This unique balance of privacy, accessibility, and natural beauty makes the property ideal for a custom waterfront estate or tranquil coastal retreat. Opportunities like this—bayfront, buildable, and protected—are increasingly rare along West Bay. 306 Moonlight Bay Drive offers the chance to secure a truly special waterfront setting and build something lasting in one of Northwest Florida's most serene bayfront communities.
    219 days
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    62
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    Zillow last checked:

    Listing updated:

    Listed by:

    Angela L Cummins 850-255-5908,

    Linda Miller Real Estate

    Source: CPAR,MLS#: 783658MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bayfront, Gulf Access, Seawall
      Lot
      • Size: 0.67 Acres
      • Dimensions: Appro x imately 101.1 x 272.9 x 101.1 x 279.2
      • Features: Paved
      Details
      • Parcel number: 32736022000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Utilities & green energy

      • Utilities for property: Sewer Available

      Community & HOA

      Community
      • Subdivision: Colony Club Hrbr Ph 1
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Tax assessed value: $208,041
      • Annual tax amount: $2,430
      • Date on market: 1/13/2026
      • Cumulative days on market: 146 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,374/mo

        Price history

        DateEventPrice
        1/13/2026Listed for sale$1,150,000+15.6%
        Source: CPAR #783658 Report a problem
        4/1/2024Listing removed--
        Source: CPAR #737407 Report a problem
        3/29/2023Price change$995,000-13.5%
        Source: CPAR #737407 Report a problem
        10/9/2022Listed for sale$1,150,000+1566.7%
        Source: ECAOR #909780 Report a problem
        10/1/1993Sold$69,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,427 +1.6%$208,041 +3.5%
        2023$2,388 +15.6%$201,096 +7%
        2022$2,067 $187,976
        2021-- --
        2020$2,096 +10.2%$178,517 +10%
        2019$1,901 $162,288
        2018$1,901 -1.6%$162,288
        2017$1,933 +4.1%$162,288 +1.6%
        2016$1,856 -2.3%$159,752
        2015$1,900 $159,752 -3.3%
        2014$1,900 $165,129
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32407

        Getting around

        0 / 100
        Car-Dependent
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • Middle: Surfside
        • High: Arnold

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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