Commercial Land for Sale in Panama City, Florida

7222 Boat Race Rd Panama City, FL 32404

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7.14 Acres of Commercial Land for Sale in Panama City, Florida
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$2,975,000
7.14 acres
Active
agoEst $23,356/mo

Discover this rare investment opportunity! 7.137 acres of prime waterfront property in Panama City, Florida. Located on beautiful East Bay, directly across from Tyndall Air Force Base. This parcel is on the last deep water access east of Panama City with plans already in place for a state-of-the-art marina.

Fully entitled development opportunity with permitted commercial space totaling 16,310 sq/ft, and a 24,394 sq/ft parking lot. And 174 permitted slips.

  • 47 Docks situated in the serene Osprey Inlet.
  • 120 Docks located in the highly sought-after Callaway Bayou.
  • 6 temporary mooring slips and 1 fueling dock with temporary mooring.

This property is primed for development and designed to meet the growing demand for marina facilities.

Directions

From US-98 BUS E/W Beach Dr in Panama City, turn left onto US-98 BUS E/W 6th St., continue straight onto Tyndall Pkwy., turn left onto Wallace Rd., turn left onto S Berthe Ave, turn right onto Albert Meadow Ln., Turn right onto Sea Fox Dr., property will be straight ahead.

Location

Street Address
7222 Boat Race Rd
County
Bay County
Elevation
3 feet
Coordinates
30.1263, -85.5652
Land for sale in Florida

Property details

Zoning
Commercial
MLS Number
ECARMLS 967641
Date Posted

Parcels

  • 07378-000-000

Legal description

(Sale Consist of 2 Parcels)

Parcel ID # 07378-000-000

Parcel ID # 07378-030-000

This 7.14-acre property is located at 7222 Boat Race Rd in Panama City, FL 32404. The property is currently available for sale for $2,975,000 with a price per acre of $416,667. Listing data is sourced from Emerald Coast Association of Realtors # 967641.

Verify sale details at the property source or contact eXp Realty at (904) 238-3304.

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Copyright (C) 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Checked 35 mins ago. Updated . Parcel data by Regrid.

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