2 years on rocket

000 Clara Ave, Panama City Beach, FL, 32407

$12,500,000

124.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
WaterfrontBayou, Bay Front, Water Access, Other, Sandy Shoreline, Natural Shoreline, See Remarks
ViewBay, Intercoastal
MLS #675020
Lot Size124.00 Acres
StatusActive

About 000 Clara Ave

124 Acres on West Bay in Panama City Beach - ''The Oak Grove on West Bay''. Located on the east-side of Colony Club & Trieste neighborhoods & the Holiday Golf Course. Over 1,200 feet on West Bay with expansive views across the Bay. It is comprised of 3 parcels; A=59.9 Acres on West Bay, B=60.1 Acre interior parcel and C=4.4 Acre parcel on West Bay and accessed via Moonlight Bay Drive. The primary access is via the Clara Avenue extension, which is a 100' right of way, now paved close to the south property line. The site has been annexed into the City of Panama City Beach & zoned P.U.D. & Conservation. The highest-and-best use is residential &/or resort. Conceptual site plans, surveys and maps are attached. Call for detailed information & to setup a tour.

Property Details

Property Features

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Exterior Features

Exterior Information:

  • Waterfront: Bayou, Bay Front, Water Access, Other, Sandy Shoreline, Natural Shoreline, See Remarks
  • View: Bay, Intercoastal

Lot Features

Lot Information:

  • Lot: Dead End Street, Easement, Split Possible
  • Lot Size: 124.00 Acres

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Hutchison Beach Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: The property is located on West Bay in Panama City Beach, Florida. The primary access is via the new Clara Avenue extension at the signalized intersection of Panama City Beach Parkway. Parcel ''C'' can be accessed via a 30' easement located on the east-end of Moonlight Bay Drive. Agent must accompany.

Price Information

Listing Price Info

Price Summary:

  • List Price: $12,500,000
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

000 Clara Ave vs Panama City Beach

1011 DAYS ON ROCKET

+916 Days

$12,500,000

+$12.0M More

KEY TAKEAWAY

This property is $12.0M more than the Median Sold Price in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #675020

Listing Office:

  • Office Name: Counts Real Estate Group Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 8:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$62.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$37.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3315014
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 0.37 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3315015
5
/10
  • Surfside Middle School

  • 300 Nautilus St

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-3315016
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 1.49 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,234. Residents of Panama City Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 000 Clara Ave

What is the listing price of this property?

The listing price of 000 Clara Ave property is $12,500,000.

What type of property is this?

The property 000 Clara Ave is land located in Panama City Beach, Florida, 32407.

Is this property for sale now?

Active Listing: 000 Clara Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 000 Clara Ave are:
Hutchison Beach Elementary School: GreatSchools Rating 5/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 000 Clara Ave is 124.00 acres.
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Rocket HomesFloridaBay CountyPanama City Beach32407000 Clara Ave

This home is located at 000 Clara Ave in Panama City Beach, FL and zip code 32407. This home sits on a 124.00 acre lot. It has been listed on Rocket Homes since July 23, 2021 and is currently priced at $12,500,000.

While more than 7 listings in Panama City Beach, FL in March 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 85 were sold below. In March 2024 in Panama City Beach, FL there were 9.3% more homes for sale than in February 2024. In March 2024 median list price was $479,991 and the average listing age was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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