Address
306 Moonlight Bay Drive, Panama City Beach, FL
Price
$ 1,150,000
Property Attributes
  • MLS#783658
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodColony Club Hrbr Ph 1
  • Zip32407
  • Style
  • Taxes$ 2430
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.67 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property 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.

Elementary School Middle School High School
Hutchison Beach Elementary School Surfside Middle School Arnold High School
Price History
1/13/2026 Listed $1,150,000

General Features

Utilities Sewer Available
Property Subtype Residential
Tax Year 2025
County Bay
Property Type Land
HOA false
Subdivision Name Colony Club Hrbr Ph 1
Special Listing Conditions Listed As-Is
Status Active
Directions Take Panama City Beach Parkway going East from Pier Park, turn left onto Nautilus Street, then make a right onto Fair Way Circle, turn left onto Fair Way Blvd., then turn left onto Moonlight Bay Drive. You will see the lot between 304 and 308 Moonlight Bay Drive.
High School Arnold
City Panama City Beach
Zoning Description Resid Single Family
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 29185
Elementary School Hutchison Beach
Tax Annual Amount 2430
Middle/Junior High School Surfside
MLS Area Minor 0321 - Beach - North Central
Standard Status Active
Property Sub Type Additional Residential,Unimproved Land
Waterfront Features Bayfront,Gulf Access,Seawall
View Bay

Exterior Features

Lot Features Paved
Lot Size Area 0.67
Lot Dimensions Approximately 101.1 x 272.9 x 101.1 x 279.2
Mobile Home Dimensions Feet
Lot Size Acres 0.67
Waterfront Y/N true

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32407

Price
AVG $670K
$1.15M
Taxes
AVG $5,414
$2,430

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