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MLS# 783658

Status: Active
306 Moonlight Bay Drive
Panama City Beach, FL 32407
$1150000.00

County: Bay
Area: 03 - Bay County - Beach
Subdivision: Colony Club Hrbr Ph 1
Acreage: 0.67
Waterfront Type: Bay w/ Gulf Access
Waterview: Bay
(850) 255-5908


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TRANQUIL BAYFRONT OPPORTUNITY | 101.1' OF WEST BAY FRONTAGE WITH GULF ACCESSDiscover 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.
List Date:January 16, 2026
List Price/Acre:1716417.91
Sub Area:0321 - Beach - North Central
Community/Resort:Colony Club
Waterfront:Yes
Last Taxes:2430.00
Last Tax Year:2025
Parcel ID:32736-022-000
Elementary School:Hutchison Beach
Middle School:Surfside
High School:Arnold
HOA Fee:No
Days On Market:49
Cumulative DOM:52
Lot Features:Waterfront