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Harrison Lilly Team

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

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6312 Highway 77 , Panama City, FL 32409
$268,000
Est. Payment: $1,480.66/mo
4.58 Acres
Status: Active | Days on site: 238
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FREA - B11056
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Harrison Lilly Team
Owner/Operator

House Description

Residential or Commerical Opportunity-- to own 4.58 acres with beautiful views of the bay, marsh, and bridge. Encompassing 4.58 acres on the northeast side of Bailey Bridge, this parcel is ideally suited for a private estate or a planned development. The land has been partially cleared and surveyed with the intent to divide it into two lots, allowing for the potential to build a duplex on each parcel, or pursue a larger residential or mixed-use project. Zoned for mixed use, the property allows for both residential and commercial development, with the possibility of constructing up to 11 townhomes. Water and sewer lines already run through the property, adding convenience and value for future development. Natural features include stunning wetlands and a pond, enhancing the beauty and privacy of the property. Located just a short distance from shopping, dining, and medical facilities in Lynn Haven and Panama City, and only minutes from the beach and Tyndall Air Force Base, this property offers a rare blend of natural beauty, flexibility, and prime location. This listing is for the purchase of the entire parcel--an outstanding investment with endless potential!

Highlights

Listed by Bri Gambrell , 850-691-8588 Foundation Real Estate Agency LLC , 850-988-1618. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
4.58

County

Bay

Area

04 - Bay County - North

Neighborhood

No Named Subdivision

Listing ID

783767

Questions about this listing?

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Interior Features

Exterior Features

Zoning:Resid Single Family, Resid Multi-Family, General Commercial
Sewer:Public Sewer
Principal Interest
$1,481
Taxes
$171

Home Price

$268,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$53,600
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:
$1,480.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,480.66 $170.85 $0.00 $1,651.51
Yearly $17,767.94 $2,050.20 $0.00 $19,818.14
Total $533,038.10 $61,506.00 $0.00 $594,544.10

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, 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: 2026-10-07T08:26:25.000Z

© 2026 Bay County Association of REALTORS