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232 Cathy Place, Panama City Beach, FL 32413

Wells Gulf Beach Estates · Bay County

Key Facts

0.15Lot (acres)

Description

Prime Oversized Lot Just One Block from the Gulf! !! POSSIBLE OWNER FINANCING! This 6,750 sq ft parcel is zoned R-3, allowing for a duplex, triplex, quadplex, or two townhomes with garages and a pool -- or build your coastal dream home with room for a garage and private pool. Located on a quiet, one-block dead-end street in a charming, low-traffic neighborhood, you'll enjoy a peaceful setting that's still just minutes from all the excitement and amenities of Panama City Beach. Take a golf cart ride or stroll to the beach, a locally owned grocery and beverage store, or several popular restaurants. Close to Camp Helen State Park, home to one of Florida's largest coastal dune lakes -- perfect for fishing, kayaking, paddleboarding, or crabbing. Whether you're an investor looking to build a profitable multi-family rental or Airbnb, or dreaming of your own personal beach retreat, this property offers flexibility, location, and potential. Mature palms and oaks provide a lush coastal backdrop, with city water hook up readily available and sewer available. An exceptional opportunity in a prime beachside setting! Property in this neighborhood doesn't come available often! Don't miss this opportunity, CALL TODAY/// Let's make this dream your reality. ALL MEASUREMENTS ARE APPROXIMATE AND SHOULD BE VERIFIED BY BUYER.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

0.15 acres

Lot Dimensions

92X76X92X76 APX

Days on Market

360

MLS® Listing#

775624

Property Features

Schools

Elementary:
West Bay
Middle:
Surfside
High:
Arnold

Financial Details

HOA

None

Annual Taxes

$1,616

Tax year 2024

Parcel Number

38423-000-000

Directions

From Highway 79 turn left onto Front Beach Road, Drive about 0.3 miles,then turn right onto Vestavia Street just passing HIghway 79, turn left on Lynn Street for one block then turn right on Cathy Place lot is on your right.

Affordability Calculator

$79,000

Estimated monthly payment

$2,102/mo

Principal $316,000 · Est. interest $440,848 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$472,027
Median Listing Price
115
Median Days on Market
1,451
Median Sq Ft
$353
Median Price / Sq Ft
31,335
Active Listings
  • This home’s price is 16% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

Map showing the location of 232 Cathy Place, Panama City Beach, FL 32413

Points of Interest in Panama City Beach, FL

Showing the Panama City Beach area map.

Nearby Schools

  • PCB Academy

    School · 1.6 mi away

  • Surfside Middle School

    Secondary · 4.0 mi away

  • West Bay Elementary School

    Elementary · 4.9 mi away

  • Hutchison Beach Elementary School

    Elementary · 5.1 mi away

  • Surfside Kids Academy

    School · 5.6 mi away

  • Arnold Pre K

    Secondary · 5.9 mi away

  • JR Arnold High School

    Secondary · 6.3 mi away

  • Breakfast Point Academy

    School · 6.6 mi away

  • Ohana Institute

    School · 6.7 mi away

  • Primary Prep School

    Elementary · 7.4 mi away

  • St Bernadette Early Childhood Development Center

    School · 7.7 mi away

  • Twisted Fork Culinary Classroom

    School · 8.8 mi away

  • Learning Tree II-Child Development Center

    School · 9.3 mi away

  • Stacey's Fun in the Sun Preschool 2 Inc.

    School · 9.3 mi away

  • Patronis Elementary School

    Elementary · 10.0 mi away

  • Dune Lakes Elementary School

    Elementary · 12.4 mi away

  • Lucille Moore Elementary School

    Elementary · 12.8 mi away

  • St Andrew School

    School · 13.2 mi away

  • Gulf Coast School for Autism

    School · 13.2 mi away

  • Bacot Academy

    School · 13.4 mi away

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EXIT Agents in Panama City Beach

Listing Courtesy: CENTURY 21 Commander Realty - 8507698326

The data relating to real estate for sale on this website 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. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#775624. © 2026EXIT Realty®. All rights reserved.