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$719,900

WATERFRONT at it's finest***A Boater's Dream! Nestled on nearly an acre of beautifully positioned waterfront property, this stunning 4-bedroom, 3-bathroom all-brick home offers the perfect blend of modern elegance, comfort, and coastal living. With direct Gulf access via Dotty Bayou (East Lake), you'll enjoy effortless boating access to East Bay and the Gulf of America right from your backyard. Step inside to discover upscale finishes throughout, including sleek slate tile flooring, soaring high ceilings, and a grand entryway that immediately sets the tone for this impressive residence. Designed with entertaining in mind, the massive open-concept living area creates the perfect setting for hosting family and friends while still offering a warm and inviting atmosphere for everyday living. Relax and unwind each evening on the expansive 10' x 50' fully screened patio, where you can take in breathtaking waterfront sunsets and peaceful bay views year-round. Conveniently located near Tyndall Air Force Base, this home offers both luxury and accessibility in one exceptional package. With its prime waterfront location, generous lot size, timeless finishes, and incredible value, this may very well be one of the best-priced waterfront properties currently on the market. Don't miss your opportunity to own a slice of Florida paradise!

4 Beds ⋅ 3 Baths ⋅ 789535 MLS

WATERFRONT at it's finest***A Boater's Dream! Nestled on nearly an acre of beautifully positioned waterfront property, this stunning 4-bedroom, 3-bathroom all-brick home offers the perfect blend of modern elegance, comfort, and coastal living. With direct Gulf access via Dotty Bayou (East Lake), you'll enjoy effortless boating access to East Bay and the Gulf of America right from your backyard. Step inside to discover upscale finishes throughout, including sleek slate tile flooring, soaring high ceilings, and a grand entryway that immediately sets the tone for this impressive residence. Designed with entertaining in mind, the massive open-concept living area creates the perfect setting for hosting family and friends while still offering a warm and inviting atmosphere for everyday living. Relax and unwind each evening on the expansive 10' x 50' fully screened patio, where you can take in breathtaking waterfront sunsets and peaceful bay views year-round. Conveniently located near Tyndall Air Force Base, this home offers both luxury and accessibility in one exceptional package. With its prime waterfront location, generous lot size, timeless finishes, and incredible value, this may very well be one of the best-priced waterfront properties currently on the market. Don't miss your opportunity to own a slice of Florida paradise!

1400 W Park Lane, Panama City

Listing courtesy of Keller Williams Success Realty.

$1,460,500

Fully renovated and located directly on Mallet Bayou,. This waterfront home offers a rare opportunity to enjoy Bayou Living with direct access to the Gulf. Designed for use as a primary residence, the property combines modern updates with a setting ideal for those who value comfort, privacy, and an active waterfront lifestyle. The home was completely renovated from the ground up, including updated systems, finishes, and living spaces throughout. The layout supports everyday living while also providing flexibility for entertaining, with natural light and water views enhancing the interior spaces. Outside, the property features an existing dock, offering easy access for boating, kayaking, and fishing. With no seawall or shoreline reinforcement, the property maintains a natural bayou setting while still allowing for functional water access. The waterfront lot provides space to relax, entertain, or simply enjoy the peaceful surroundings. With no HOA and a quiet location, this home offers a true waterfront lifestyle while remaining convenient to Freeport amenities and nearby coastal destinations. This property truly combines upscale finishes, thoughtful design, and everyday comfort in one complete package. Contact your agent and schedule a showing today! All measurements and pertinent information to be verified by the buyer if important.

6 Beds ⋅ 4 Baths ⋅ 783140 MLS

Fully renovated and located directly on Mallet Bayou,. This waterfront home offers a rare opportunity to enjoy Bayou Living with direct access to the Gulf. Designed for use as a primary residence, the property combines modern updates with a setting ideal for those who value comfort, privacy, and an active waterfront lifestyle. The home was completely renovated from the ground up, including updated systems, finishes, and living spaces throughout. The layout supports everyday living while also providing flexibility for entertaining, with natural light and water views enhancing the interior spaces. Outside, the property features an existing dock, offering easy access for boating, kayaking, and fishing. With no seawall or shoreline reinforcement, the property maintains a natural bayou setting while still allowing for functional water access. The waterfront lot provides space to relax, entertain, or simply enjoy the peaceful surroundings. With no HOA and a quiet location, this home offers a true waterfront lifestyle while remaining convenient to Freeport amenities and nearby coastal destinations. This property truly combines upscale finishes, thoughtful design, and everyday comfort in one complete package. Contact your agent and schedule a showing today! All measurements and pertinent information to be verified by the buyer if important.

452 Mallet Bayou Road, Freeport

Listing courtesy of Centergate Realty LLC.

$999,999

This incredible 86.81 acres vacant land sits on a high bluff some 20-30 feet above the water. Aprox. 400 feet waterfront. What an incredible location to build your own private and fascinating estate set amid privacy, you could even have horses here, and the water depth just right off the shore is an incredible 12 ft deep, so bring your yacht up into this private and protected cove! Old boat dock on property - unsure of condition. Paved public boat ramp nearby. Another 425 feet of waterfront and 3.73 acres can be added to this parcel for additional dollars if someone wants more water frontage.

695288 MLS

This incredible 86.81 acres vacant land sits on a high bluff some 20-30 feet above the water. Aprox. 400 feet waterfront. What an incredible location to build your own private and fascinating estate set amid privacy, you could even have horses here, and the water depth just right off the shore is an incredible 12 ft deep, so bring your yacht up into this private and protected cove! Old boat dock on property - unsure of condition. Paved public boat ramp nearby. Another 425 feet of waterfront and 3.73 acres can be added to this parcel for additional dollars if someone wants more water frontage.

Laura Bluff Road, Panama City

Listing courtesy of Coastal Choice Realty LLC.

$4,000,000

+/- 80 acres with over 2,200ft of waterfront on East Bay, with direct access to the Gulf of Mexico. Currently zoned CSVH, allowing for 2 residential units / acre. Water, electricity, and sewer are available to site. Directly across the bay from Tyndall Air Force Base. The City of Callaway has seen significant growth from a $5.2 billion rebuild of Tyndall Air Force Base—the largest MILCON project in recorded Air Force history. Additional, adjacent +/- 19 waterfront acres available upon request.

773120 MLS

+/- 80 acres with over 2,200ft of waterfront on East Bay, with direct access to the Gulf of Mexico. Currently zoned CSVH, allowing for 2 residential units / acre. Water, electricity, and sewer are available to site. Directly across the bay from Tyndall Air Force Base. The City of Callaway has seen significant growth from a $5.2 billion rebuild of Tyndall Air Force Base—the largest MILCON project in recorded Air Force history. Additional, adjacent +/- 19 waterfront acres available upon request.

00 Highway 2297, Panama City

Listing courtesy of NAI TALCOR.

$450,000

Build your dream home on a spacious waterfront lot with access to the Gulf of Mexico. The water is an estuary, providing you with a wide variety of seafood just steps from your backyard. Located in the peaceful community of East Bay, you can enjoy Florida's natural surroundings without sacrificing convenience. Shopping, dining, schools, and other services are all just a short 10-minute drive away. Additionally, a small marina and restaurant are nearby if you prefer to stay close to home. Don't wait to start planning your forever home—purchase your waterfront lot today and make your real estate dreams a reality.

778163 MLS

Build your dream home on a spacious waterfront lot with access to the Gulf of Mexico. The water is an estuary, providing you with a wide variety of seafood just steps from your backyard. Located in the peaceful community of East Bay, you can enjoy Florida's natural surroundings without sacrificing convenience. Shopping, dining, schools, and other services are all just a short 10-minute drive away. Additionally, a small marina and restaurant are nearby if you prefer to stay close to home. Don't wait to start planning your forever home—purchase your waterfront lot today and make your real estate dreams a reality.

000 Highway 2297, Panama City

Listing courtesy of Keller Williams Success Realty.

$925,000

+/- 18.5 waterfront acres on East Bay. Adjacent to Eastern Shipbuilding and Tyndall Air Force Base. Municipal utilities available along Highway 2297. Additional +/- 80 acres surrounding property also available. +/- 750ft of waterfront. Bay County - Conservation Habitat zoning allows for 2 residential units per acre. Bay Co Parcel IDs: 04005-020-000 & 04005-010-000.

772633 MLS

+/- 18.5 waterfront acres on East Bay. Adjacent to Eastern Shipbuilding and Tyndall Air Force Base. Municipal utilities available along Highway 2297. Additional +/- 80 acres surrounding property also available. +/- 750ft of waterfront. Bay County - Conservation Habitat zoning allows for 2 residential units per acre. Bay Co Parcel IDs: 04005-020-000 & 04005-010-000.

00 Highway 2297, Panama City

Listing courtesy of NAI TALCOR.

$7,500,000

Rare ±231-acre waterfront development opportunity with ±8,000 feet of natural shoreline on North Bay — now available with flexible deal structures including seller financing and potential joint venture (JV) development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use. Strategically located in Bay County's rapidly expanding north side, the property is just minutes from Northwest Florida Beaches International Airport, Panama City Beach, and the multi-billion-dollar redevelopment of Tyndall Air Force Base. Adjacent to the established Fanning Bayou subdivision and close to Gulf Coast State College's North Bay Campus, this site sits squarely in the path of major regional growth. Development Highlights: * ±231 acres with ±8,000' of natural shoreline * Previously approved for 218 residential units and a school * Utilities nearby; excellent access to infrastructure and major roads * Bay County planning supports new development in this corridor * Ideal for residential, mixed-use, institutional, or recreational development This is one of the largest contiguous, undeveloped waterfront parcels remaining in the area. With strong regional demand, supportive zoning, and a seller willing to structure a deal creatively—including JV partnerships—this property offers a compelling opportunity for developers and investors looking to capitalize on Northwest Florida's growth.

772017 MLS

Rare ±231-acre waterfront development opportunity with ±8,000 feet of natural shoreline on North Bay — now available with flexible deal structures including seller financing and potential joint venture (JV) development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use. Strategically located in Bay County's rapidly expanding north side, the property is just minutes from Northwest Florida Beaches International Airport, Panama City Beach, and the multi-billion-dollar redevelopment of Tyndall Air Force Base. Adjacent to the established Fanning Bayou subdivision and close to Gulf Coast State College's North Bay Campus, this site sits squarely in the path of major regional growth. Development Highlights: * ±231 acres with ±8,000' of natural shoreline * Previously approved for 218 residential units and a school * Utilities nearby; excellent access to infrastructure and major roads * Bay County planning supports new development in this corridor * Ideal for residential, mixed-use, institutional, or recreational development This is one of the largest contiguous, undeveloped waterfront parcels remaining in the area. With strong regional demand, supportive zoning, and a seller willing to structure a deal creatively—including JV partnerships—this property offers a compelling opportunity for developers and investors looking to capitalize on Northwest Florida's growth.

Fonza Road, Panama City

Listing courtesy of Coldwell Banker Realty.

$750,000

MOBILE HOME HAS BEEN REMOVED FROM THE PROPERTY! This fisherman's playground is ready for your boat! Making memories out on the water, sunbathing on the upper deck, watching Tyndall Air shows, and taking in the coasts gorgeous sunsets could be your reality with this property. It is one of the only lots along the bay that you can back your truck up to the boat dock to load and unload all of your gear (and fish!) conveniently. The lift can handle 16,000 pounds of boat with a 30 foot long dock (can be lengthened). It is currently set up for a catamaran but can be adjusted to fit most boats. This rig comes fully equipped with a fresh water wash down and motor flush. Electricity is ran to the dock for your convenience and the top deck has poles for a removable sun shade! This has all been added by the seller as well as repairing the seawall and bringing in sand to build up the area. There is a shed on property as well. Plenty of room for boat parking or storage and the property is partially fenced if someone wanted to gate the property in. Property is within a mile of the boat launch. Enjoy short trips to Shell Island or Panama City Beach right from your backyard! Location is everything!

1 Beds ⋅ 1 Baths ⋅ 775181 MLS

MOBILE HOME HAS BEEN REMOVED FROM THE PROPERTY! This fisherman's playground is ready for your boat! Making memories out on the water, sunbathing on the upper deck, watching Tyndall Air shows, and taking in the coasts gorgeous sunsets could be your reality with this property. It is one of the only lots along the bay that you can back your truck up to the boat dock to load and unload all of your gear (and fish!) conveniently. The lift can handle 16,000 pounds of boat with a 30 foot long dock (can be lengthened). It is currently set up for a catamaran but can be adjusted to fit most boats. This rig comes fully equipped with a fresh water wash down and motor flush. Electricity is ran to the dock for your convenience and the top deck has poles for a removable sun shade! This has all been added by the seller as well as repairing the seawall and bringing in sand to build up the area. There is a shed on property as well. Plenty of room for boat parking or storage and the property is partially fenced if someone wanted to gate the property in. Property is within a mile of the boat launch. Enjoy short trips to Shell Island or Panama City Beach right from your backyard! Location is everything!

303 Blackshear Drive, Panama City

Listing courtesy of Selling The Coast LLC.