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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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306 Moonlight Bay Dr , Panama City Beach, FL 32407
$1,150,000
Est. Payment: $6,353.58/mo
0.67 Acres
Status: Active | Days on site: 133
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LMRE - B11750
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Harrison Lilly Team
Owner/Operator

House Description

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.

Highlights

Listed by Angela L Cummins , 850-255-5908 Linda Miller Real Estate , 850-231-0377. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
0.67

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Colony Club Hrbr Ph 1

Listing ID

783658

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Interior Features

Exterior Features

Lot:Paved
Lot Dimensions:Approximately 101.1 x 272.9 x 101.1 x 279.2
Zoning:Resid Single Family
Principal Interest
$6,354
Taxes
$203

Home Price

$1,150,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$230,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,353.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,353.58 $202.50 $0.00 $6,556.08
Yearly $76,243.01 $2,430.00 $0.00 $78,673.01
Total $2,287,290.37 $72,900.00 $0.00 $2,360,190.37

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T05:07:46.000Z

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