6312 Highway 77Panama City, FL 32409

This exceptional 4.58-acre vacant land parcel in Southport, Florida, presents a unique investment opportunity. Boasting breathtaking water views of the bay, marshes, and a small pond, this property offers versatile development potential. Currently priced at $398,400 (reduced from $450,000), the land is situated on the northeast side of the Bailey Bridge, providing convenient access to nearby amenities. The seller has already completed land clearing and is preparing to divide the property in half. With some mitigation work, the site could accommodate up to eleven units. However, for a single-family home or two duplexes, no additional work is required beyond setbacks and a retention pond, leaving over one acre of buildable land per lot. Enjoy the beautiful marsh and bay views while benefiting from the property's proximity to shopping, medical facilities in Lynn Haven and Panama City, the beach, and Tyndall Air Force Base. This mixed-use zoned property is ideal for a private estate or multiple residential units, making it a highly attractive investment in a desirable location. The total lot size is 199,505 square feet.