Discover a rare opportunity to own a private waterfront 0.48 acre lot in one of Panama City Beach's most desirable locations. This prime vacant lot offers approximately 20,995.92 square feet and is ideally situated at the end of North Lagoon, providing a unique and secluded setting with endless possibilities for your future home or investment. The property features waterfront access, public sewer and water, fill dirt already on site, and a boat dock and seawall permit opportunity, making it an excellent choice for new construction. Enjoy the convenience of being within walking distance to the beach while also being close to shopping, restaurants, and everyday amenities. Located in an established neighborhood, this large lot offers a peaceful atmosphere while remaining conveniently close to beach access, boating, fishing, paddle boarding, jet skiing, and other popular coastal activities. Whether you're looking to build a custom waterfront residence, a vacation retreat, or an investment property, this exceptional homesite provides the perfect canvas to bring your vision to life.