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Property for sale at TBD PLANTATION DRIVE, PANAMA CITY, FL, 32404
Property for sale at TBD PLANTATION DRIVE, PANAMA CITY, FL, 32404
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Tbd Plantation DrivePanama City, FL, 32404

1.49 acresLot size
Land
$650,000
For sale
$699,000−$49,000 (7%)Reduced Aug 23, 2026
Days on market
477
Listed
Jul 22, 2025
MLS #TB8409963Updated Sep 29, 2026

About this property

Waterfront Residential Parcel on Callaway Bayou! Approximately 1.49 acres according to county records, offering space for a private waterfront residence or an approved residential development. The protected, boatable water connects with the Gulf Intracoastal Waterway, St. Andrews Bay, Shell Island, and the Gulf of Mexico. Neighboring waterfront homes have private docks, supporting the boating and fishing lifestyle found along Plantation Drive. Any new dock will require applicable permitting and approval.

Zoned R-1 for detached single-family residences. Current City of Panama City regulations provide for a maximum density of 10 dwelling units per gross acre and a minimum newly created lot area of 5,000 square feet. The parcel may offer potential for multiple residential lots through an approved subdivision and development plan.

The property has no HOA and offers extended frontage along paved Plantation Drive. Public Water, Sewer, and Electricity are available. A 2021 boundary survey is available and reports approximately 1.355 acres, while county records report approximately 1.49 acres. The survey depicts portions of the property in FEMA Flood Zones AE and X. Convenient to Tyndall Air Force Base, shopping, restaurants, and schools. Qualified buyers may purchase with as little as 20% Down payment.

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Property details

Property type
Land
Street address
Tbd Plantation Drive
City
Panama City
State
FL
ZIP code
32404

Stellar MLSThe data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 11, 2026 at 1:47 PM EST

Price & sale history

Asking price reduced by $49,000 (7%) since first listed.

EventPrice
Price reducedMLS #CC844031$650,000Change: −7%−$49,000
Price reducedMLS #TB8409963$650,000Change: −7%−$49,000
Listed for saleMLS #TB8409963$699,000
Listed for saleMLS #CC844031$699,000
History may be incomplete.
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Location

Property for sale at TBD PLANTATION DRIVE, PANAMA CITY, FL, 32404
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