0 Fonza Rd

Panama City, FL 32409

$7,500,000
Price
10,064,538 / 231.05
Lot Size / Acres
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Description

Rare ±231-acre waterfront development opportunity with ±8,000 feet of natural shoreline on North Bay — now available with flexible deal structures including seller financing and potential joint venture (JV) development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use. Strategically located in Bay County's rapidly expanding north side, the property is just minutes from Northwest Florida Beaches...Rare ±231-acre waterfront development opportunity with ±8,000 feet of natural shoreline on North Bay — now available with flexible deal structures including seller financing and potential joint venture (JV) development partnerships. The seller is actively seeking qualified development partners and is open to creative structuring to bring this site to its highest and best use. Strategically located in Bay County's rapidly expanding north side, the property is just minutes from Northwest Florida Beaches International Airport, Panama City Beach, and the multi-billion-dollar redevelopment of Tyndall Air Force Base. Adjacent to the established Fanning Bayou subdivision and close to Gulf Coast State College's North Bay Campus, this site sits squarely in the path of major regional growth. Development Highlights:
THIS IS A SPECIAL DELIMITER SENTENCE. Development Highlights:
THIS IS A SPECIAL DELIMITER SENTENCE ±231 acres with ±8,000' of natural shoreline Previously approved for 218 residential units and a school Utilities nearby; excellent access to infrastructure and major roads Bay County planning supports new development in this corridor Ideal for residential, mixed-use, institutional, or recreational development

This is one of the largest contiguous, undeveloped waterfront parcels remaining in the area. With strong regional demand, supportive zoning, and a seller willing to structure a deal creatively—including JV partnerships—this property offers a compelling opportunity for developers and investors looking to capitalize on Northwest Florida's growth.
  1. Listed by Jay W Burkey • Coldwell Banker Realty
  2. Listed by Daryle Burkey • Coldwell Banker Realty

Property Details for 0 Fonza Road

Waterfront
Yes
Waterfront Features
Bayfront, Gulf Access, Shoreline Natural
Subdivision Name
[No Recorded Subdiv]
View
Bay
Zoning Description
Other - See Remarks, County
View
Yes
LISTING UPDATED: 02/17/2026 01:14 PM

Property Details for 0 Fonza Road

StatusActive
MLS #772017
Days on Market246
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Commercial / Commercial
Year Built-
Lot Size231.05 AC
CountyBay County
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Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 0 Fonza Road

Lot Size231.05 AC

Payment Calculator

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$36,554 per month

30 year fixed, 6.15% Interest

Principal and Interest

$36,554

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 Fonza Road

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From Lynn Haven, north on Hwy 77, left on Hwy 2302, right on 13th St, left on Newman Point Rd. Land is connected to 13th St and Newman Point Rd.
  • Road Surface Type: Paved
  • State Region: FL
  • Postal Code: 32409
  • Latitude: 30.273757
  • Longitude: -85.663929
  • State Or Province: FL
  • Road Frontage Type: County Road
  • MLS Area Major: 04 - Bay County - North
  • MLS Area Minor: 0410 - Bay North - West Deerpoint/Southport
Taxes and HOA Information
  • Parcel Number: 08426-020-000
  • Association: No
  • Tax Legal Description: 29/32 2S 14W -2.2- 88 BEG NE COR OF NW1/4 OF SEC 32 TH E 808.59' S 117.34' SE 71.74' E 308.9' N 143' E 120.59' N 981.89' TO S ROW LI OF NEWMAN PT RD TH E ALG SAID ROW LI 57.70' ELY 564.64' TO W ROW LI 13TH S ALG W ROW LI OF 13TH ST 483.61 E 690.01' S 404.59' TO SE COR SEC 29 TH S 164.93' TO N ROW LI OF CUTCHENS RD TH WLY ALG N ROW LI 347.19' WLY 55.08' SWLY 58.32' S
Property
Lot Information
  • Lot Size Acres: 231.05
  • Lot Size Area: 231.05
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1.0064625E7
Property and Assessments
  • Human Modified: No
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet

Property History for 0 Fonza Road

DateEvent & SourcePriceAppreciation
Apr 15, 2025

Listed (Active)

CPAR #772017

$7,500,000—
Jan 1, 2025

Expired

CPAR #716947

$8,900,000—
Sep 17, 2021

Listed (Active)

CPAR #716947

$8,900,000—
DateEvent & SourcePrice
04/15/2025

Listed (Active)

CPAR #772017

$7,500,000
01/01/2025

Expired

CPAR #716947

$8,900,000
09/17/2021

Listed (Active)

CPAR #716947

$8,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Fonza Road

This home is within Bay.
Rating
School
Type
Grades
Distance
Southport Elementary School
Public - PK to 5
Deane Bozeman School
Public - PK to 12
Bay Haven Charter Academy
Charter - K to 5
Bay Haven Charter Middle School
Charter - 6 to 8
Rating
School
Distance
Southport Elementary School
PublicPK to 5

Deane Bozeman School
PublicPK to 12

Bay Haven Charter Academy
CharterK to 5

Bay Haven Charter Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 0 Fonza Road, Panama City, FL 32409

0 Fonza Road is a 231.05 ac of land for sale in Panama City, FL 32409. This property was listed for sale on April 16, 2025 by Coldwell Banker Realty, it's currently listed at $7,500,000. This listing's school district is Bay. Nearby schools include Southport Elementary School, Deane Bozeman School and Bay Haven Charter Academy. 0 Fonza Road is a 0-bed, 0-bath, 231.05 ac of land on a 10,064,538 sq. ft. / 231.05 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Coldwell Banker Realty

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2026 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.