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00 Pandora Dr, Milton

Listing courtesy of Conna O'Donovan Real Estate Team LLC.

Build your dream home in one of Southport's most scenic waterfront settings. This spacious homesite is tucked along a peaceful tidal creek surrounded by natural marshlands, creating a private and picturesque backdrop filled with native wildlife and beautiful Florida sunsets. The creek winds its way to North Bay, offering a true coastal atmosphere and endless opportunities to enjoy the outdoors. Whether you enjoy boating, fishing, kayaking, or simply relaxing in a tranquil setting, this property places you in the heart of it all. Surrounded by estate-sized properties and waterfront homes, the area offers the perfect balance of privacy and convenience. Located just minutes from North Bay access, you'll enjoy easy access to Panama City, Panama City Beach, Northwest Florida Beaches International Airport, shopping, dining, and the sugar-white beaches that make the Emerald Coast famous. Nearby parks, boat ramps, and nature preserves provide even more opportunities to explore and enjoy the Florida lifestyle. Opportunities like this are becoming increasingly difficult to find. If you've been searching for a homesite with natural beauty, waterfront surroundings, and room to create your own private retreat, 1125 Donald Penny Drive is ready to bring your vision to life.

1006134 MLS

Build your dream home in one of Southport's most scenic waterfront settings. This spacious homesite is tucked along a peaceful tidal creek surrounded by natural marshlands, creating a private and picturesque backdrop filled with native wildlife and beautiful Florida sunsets. The creek winds its way to North Bay, offering a true coastal atmosphere and endless opportunities to enjoy the outdoors. Whether you enjoy boating, fishing, kayaking, or simply relaxing in a tranquil setting, this property places you in the heart of it all. Surrounded by estate-sized properties and waterfront homes, the area offers the perfect balance of privacy and convenience. Located just minutes from North Bay access, you'll enjoy easy access to Panama City, Panama City Beach, Northwest Florida Beaches International Airport, shopping, dining, and the sugar-white beaches that make the Emerald Coast famous. Nearby parks, boat ramps, and nature preserves provide even more opportunities to explore and enjoy the Florida lifestyle. Opportunities like this are becoming increasingly difficult to find. If you've been searching for a homesite with natural beauty, waterfront surroundings, and room to create your own private retreat, 1125 Donald Penny Drive is ready to bring your vision to life.

1125 Donald Penny Dr, Southport

Listing courtesy of Salty Marlin Realty.

$565,000

Enjoy breathtaking water views from every floor of this beautifully positioned waterfront townhome. Designed with flexibility in mind, this property offers multiple possibilities for full-time living, vacation use, or income production. The spacious layout can accommodate separate living areas, making it ideal for multi-generational living or maximizing rental potential. An additional top-floor bonus room provides the perfect space for a home office, bunk room, hobby area, or guest accommodations. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the versatility to fit your needs. Short-term rentals are permitted, creating an excellent opportunity for additional income. Located adjacent to the City's newly completed boat launch facility, this property is perfectly situated for boating enthusiasts. There is also the potential to obtain a private boat slip at the neighboring marina, with accommodations for boats up to 35 feet.

4 Beds ⋅ 5 Baths ⋅ 1004979 MLS

Enjoy breathtaking water views from every floor of this beautifully positioned waterfront townhome. Designed with flexibility in mind, this property offers multiple possibilities for full-time living, vacation use, or income production. The spacious layout can accommodate separate living areas, making it ideal for multi-generational living or maximizing rental potential. An additional top-floor bonus room provides the perfect space for a home office, bunk room, hobby area, or guest accommodations. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the versatility to fit your needs. Short-term rentals are permitted, creating an excellent opportunity for additional income. Located adjacent to the City's newly completed boat launch facility, this property is perfectly situated for boating enthusiasts. There is also the potential to obtain a private boat slip at the neighboring marina, with accommodations for boats up to 35 feet.

306 Penny Ct, Panama City

Listing courtesy of EXP Realty LLC.

$397,000

Renovated Buck Bayou water front unit with boat dock that hasn't been on the market in over 30 years! Located in a Waterfront four-plex with shared dock on Buck Bayou that leads directly to the bay! Unit has a deep water and deeded boat slip. Boat slip will hold appx. 24 foot boat with the draft being 4 to 5 feet. Development has 98 feet directly on Buck Bayou. Renovated 2 bedroom 1 1/2 bath with new paint, LVP flooring, hot water heater, updated kitchen with new appliances, and renovated bathrooms. Large deck looking out on the Bayou. Located in the popular and fast growing area of Mack Bayou and with close proximity to Sandestin. Perfect for a 2nd home or a week-end getaway. Property has rented for $2500 a month and boat slip has rented for $300 a month.

2 Beds ⋅ 2 Baths ⋅ 996922 MLS

Renovated Buck Bayou water front unit with boat dock that hasn't been on the market in over 30 years! Located in a Waterfront four-plex with shared dock on Buck Bayou that leads directly to the bay! Unit has a deep water and deeded boat slip. Boat slip will hold appx. 24 foot boat with the draft being 4 to 5 feet. Development has 98 feet directly on Buck Bayou. Renovated 2 bedroom 1 1/2 bath with new paint, LVP flooring, hot water heater, updated kitchen with new appliances, and renovated bathrooms. Large deck looking out on the Bayou. Located in the popular and fast growing area of Mack Bayou and with close proximity to Sandestin. Perfect for a 2nd home or a week-end getaway. Property has rented for $2500 a month and boat slip has rented for $300 a month.

144 My Way Unit # D, Santa Rosa Beach

Listing courtesy of Dalton Wade Inc.

$2,000,000

Beautiful waterfront acreage on North Bay and Fanning Bayou. Approximately 775' Bay front. Zoning allows for five units per acre (Zoned R5-A, Unincorporated Bay County). Great site for a waterfront residential subdivision. The seller has conceptual site plans (attached) to include 9 waterfront lots and 28 interior lots. Other concepts include a marina with dry storage, with +/-42 wet slips, condominium or multi-family housing. Many possibilities and opportunities. There is approximately 5 acres of isolated wetlands which should not interfere with most development projects. Copies of the survey and site plans are attached.

916987 MLS

Beautiful waterfront acreage on North Bay and Fanning Bayou. Approximately 775' Bay front. Zoning allows for five units per acre (Zoned R5-A, Unincorporated Bay County). Great site for a waterfront residential subdivision. The seller has conceptual site plans (attached) to include 9 waterfront lots and 28 interior lots. Other concepts include a marina with dry storage, with +/-42 wet slips, condominium or multi-family housing. Many possibilities and opportunities. There is approximately 5 acres of isolated wetlands which should not interfere with most development projects. Copies of the survey and site plans are attached.

6822 Hilliard St, Southport

Listing courtesy of Counts Real Estate Group Inc.

$824,900

Estate sized Lot on Lagrange Bayou. The property is 2.5 Acres!!! and features huge moss draped oaks, Bayou frontage on the protected water of Lagrange Bayou with beautiful water views, easy access to the Bay and Gulf, a small pond and Lots of privacy. This is a great opportunity to build your dream home with plenty of land for a pool, guest house and any additional structures you may need. Freeport is growing fast and properties like this are getting harder to find. There is a home on the property, but no value has been added. The home is a tear down.

986094 MLS

Estate sized Lot on Lagrange Bayou. The property is 2.5 Acres!!! and features huge moss draped oaks, Bayou frontage on the protected water of Lagrange Bayou with beautiful water views, easy access to the Bay and Gulf, a small pond and Lots of privacy. This is a great opportunity to build your dream home with plenty of land for a pool, guest house and any additional structures you may need. Freeport is growing fast and properties like this are getting harder to find. There is a home on the property, but no value has been added. The home is a tear down.

2601 E County Hwy 83a, Freeport

Listing courtesy of East Pass Realty Inc.

$5,995,000

This premier development opportunity spans approximately 23.22 acres across three parcels in a private and beautiful area of Freeport! Boasting 950 linear feet of waterfront on Alaqua Bayou, this estate offers potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry! With a 3,240 square foot metal building and workshop already in place, equipped with power, water, septic, and bathroom facilities, the groundwork for development is ready to go. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are... available along County Highway 83A. This opportunity also has an FAA approved helicopter land pad on the property that is also approved by Eglin AFB as it lies under their restricted airspace. Additionally, the southernmost parcel features an existing residential structure, and there's significant potential for future single-family home development with a Conceptual Master Plan in place (subject to permits and changes). A private helipad has been approved by the State (pending final activation), adds a luxurious touch to this property. This prime location offers an incredible chance to create a one-of-a-kind residential development or private estate, the choice is yours. A Conceptual Master Plan is in the photos and is shown only to represent design intent. Layout, density and lot sizes are subject to change to reflect local and state regulations and approvals. Call today for more information or your private viewing.

961654 MLS

This premier development opportunity spans approximately 23.22 acres across three parcels in a private and beautiful area of Freeport! Boasting 950 linear feet of waterfront on Alaqua Bayou, this estate offers potential for a private waterfront compound or neighborhood development, complete with a private dock, boat lift, fire pit, and gated entry! With a 3,240 square foot metal building and workshop already in place, equipped with power, water, septic, and bathroom facilities, the groundwork for development is ready to go. Large canopy trees provide natural beauty and privacy, while perimeter fencing enhances security. Access to the property is conveniently located off County Highway 83A and Dexton King Road. Utilities, including city water, power, cable, and sewer, are... available along County Highway 83A. This opportunity also has an FAA approved helicopter land pad on the property that is also approved by Eglin AFB as it lies under their restricted airspace. Additionally, the southernmost parcel features an existing residential structure, and there's significant potential for future single-family home development with a Conceptual Master Plan in place (subject to permits and changes). A private helipad has been approved by the State (pending final activation), adds a luxurious touch to this property. This prime location offers an incredible chance to create a one-of-a-kind residential development or private estate, the choice is yours. A Conceptual Master Plan is in the photos and is shown only to represent design intent. Layout, density and lot sizes are subject to change to reflect local and state regulations and approvals. Call today for more information or your private viewing.

147 Dexton King Rd, Freeport

Listing courtesy of Scenic Sotheby's International Realty.

$339,000

Deep open water bayfront lot with Army Corps permits in hand, this Freeport offering presents a rare, build-ready opportunity on Choctawhatchee Bay. The property includes approved permits for both a dock and required mitigation, a generous 50' x 105' buildable footprint, and no required build timeframe, allowing an owner to design, hold, or construct at their own pace. Situated on a secluded, no-HOA street, the lot delivers privacy and tranquility without sacrificing accessibility. Notably, this is the least expensive waterfront lot with permits in place under $500,000, making it one of the most compelling bayfront values currently available. Whether envisioning a legacy waterfront estate or a refined coastal retreat, this deep-water lot offers the flexibility, certainty, and timeless appeal that discerning buyers seek.

991821 MLS

Deep open water bayfront lot with Army Corps permits in hand, this Freeport offering presents a rare, build-ready opportunity on Choctawhatchee Bay. The property includes approved permits for both a dock and required mitigation, a generous 50' x 105' buildable footprint, and no required build timeframe, allowing an owner to design, hold, or construct at their own pace. Situated on a secluded, no-HOA street, the lot delivers privacy and tranquility without sacrificing accessibility. Notably, this is the least expensive waterfront lot with permits in place under $500,000, making it one of the most compelling bayfront values currently available. Whether envisioning a legacy waterfront estate or a refined coastal retreat, this deep-water lot offers the flexibility, certainty, and timeless appeal that discerning buyers seek.

Lot 26 Bayou Forest, Freeport

Listing courtesy of Scenic Sotheby's International Realty.