Waterfront
Address
8617 Wood Circle, Panama City, FL
Price
$ 49,000
Property Attributes
  • MLS#706251
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area05 - Bay County - East
  • NeighborhoodLakewood Manor U-3
  • Zip32404
  • Style
  • Taxes$ 471
  • Price$ 49,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.59 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Nicely wooded high and dry building lot in the growing area of Bay County. Convenient to Hwy 231 access and close to the County's Majette Park. This was formerlya waterfront lot that looked over Lake Lakewood with 192 feet of frontage. Hurricane Sally rains breeched the dam and emptied the lake. The last word the owner heard was that the homeowners association had spoken of looking at getting engineering plans to restore the dam and water levels. This is a large lot in excess of 1/2 acre. If you are looking for a convenient, moderately priced residential lot with building restrictions on paved roads this may be the one for you. City water available.

Elementary School Middle School High School
Tommy Smith Elementary School Merritt Brown Middle School Rutherford High School
Price History
9/8/2025 Listed $49,000

General Features

Property Subtype Residential
Tax Year 2020
County Bay
Property Type Land
HOA true
Subdivision Name Lakewood Manor U-3
Status Active
Directions Panama City, head North on Hwy 231. Turn right on John Pitts Road. Turn left on Scenic Dr and right on Wood Circle. Sign on lots.
High School Rutherford
City Panama City
Zoning Description Resid Single Family
MLS Area 05 - Bay County - East
Lot Size Units Acres
Lot Size Square Feet 25700
Elementary School Tommy Smith
Tax Annual Amount 471
Middle/Junior High School Merritt Brown
Standard Status Active
Property Sub Type Additional Residential,Unimproved Land
Waterfront Features Lake
HOA Fee 75
Assoc Fee Paid Per Annually

Exterior Features

Lot Features Paved
Lot Size Area 0.59
Lot Dimensions 51 x 250 x192x234
Lot Size Acres 0.59
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 32404

Price
AVG $330K
$50K
Taxes
AVG $1,960
$471

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