# 305 E Beach Drive, Panama City, FL 32401 > **TL;DR:** land, $4,500,000. > Waterfront. Est. $24,067/mo. Listed 118 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $4,500,000 | | Lot Size | 141,570 sqft (3.25 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 118 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $22,754 | | Estimated Insurance | $1,313 | | **Total** | **$24,067** | ## Nearby Schools - **Elementary:** Cherry Street - **Middle:** Jinks - **High:** Bay ## Key Amenities - Waterfront ## Property Highlights - 3.25 acre lot - Waterfront ## Description ### Agent Description Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of $4,500,000. The property benefits from a recorded and assignable Development Agreement providing vested rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3) within the City of Panama City. The sale includes Bay County Parcel ID # 19528-000-000. ALTA/topographic survey, development agreement, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal and marina proposal. This reduces uncertainty and allows a buyer to immediately evaluate the project as a partially assembled waterfront development opportunity, not raw land. ## Location - **Address:** 305 E Beach Drive, Panama City, FL 32401 - **County:** Bay - **Neighborhood:** No Named Subdivision - **Coordinates:** 30.150213, -85.658311 - **Google Maps:** https://www.google.com/maps?q=30.150213,-85.658311 ## Listing Agent - **Name:** Chris S McCall · **License:** 0666647 - **Brokerage:** Counts Real Estate Group Inc - **Broker Phone:** (850) 249-3615 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/305-E-Beach-Dr_Panama-City_FL_32401_M91752-69816?f=listhub&s=BCARFL&m=792107&c=propsimple) ## Photos ![305 E Beach Drive - Photo 1](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f256178280r.jpg) ![305 E Beach Drive - Photo 2](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f2265117358r.jpg) ![305 E Beach Drive - Photo 3](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1184481884r.jpg) ![305 E Beach Drive - Photo 4](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1844738402r.jpg) ![305 E Beach Drive - Photo 5](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f3950726542r.jpg) ![305 E Beach Drive - Photo 6](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1317173768r.jpg) ![305 E Beach Drive - Photo 7](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f2288103721r.jpg) ![305 E Beach Drive - Photo 8](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1246749276r.jpg) ![305 E Beach Drive - Photo 9](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f3584638339r.jpg) ![305 E Beach Drive - Photo 10](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1967010041r.jpg) ![305 E Beach Drive - Photo 11](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f2264217824r.jpg) ![305 E Beach Drive - Photo 12](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f3017227394r.jpg) ![305 E Beach Drive - Photo 13](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1362308078r.jpg) ![305 E Beach Drive - Photo 14](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1356039410r.jpg) ![305 E Beach Drive - Photo 15](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f2319892720r.jpg) ![305 E Beach Drive - Photo 16](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1209479626r.jpg) ![305 E Beach Drive - Photo 17](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f297287053r.jpg) ![305 E Beach Drive - Photo 18](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f3935540721r.jpg) ![305 E Beach Drive - Photo 19](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f2397224204r.jpg) ![305 E Beach Drive - Photo 20](http://lh.rdcpix.com/c097144060514f60f887c8957197b20el-f1729767678r.jpg) --- **MLS#:** 792107 | **Updated:** 2026-10-20 **Source:** listhub *Copyright © 2026 Central Panhandle 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.* [View on PropertySimple](https://www.propertysimple.ai/listing/305-e-beach-drive-panama-city-fl-32401-2cd5adc06ca14aac91d8672429ccd007) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/305-e-beach-drive-panama-city-fl-32401-2cd5adc06ca14aac91d8672429ccd007#listing", "url": "https://www.propertysimple.ai/listing/305-e-beach-drive-panama-city-fl-32401-2cd5adc06ca14aac91d8672429ccd007", "name": "305 E Beach Drive, Panama City, FL 32401", "description": "Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. 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