'Under Contract Seller Will Consider Back Up Offers' Discover a rare opportunity to own an estate-sized, waterfront lot in The Preserve on the Bay—one of Panama City Beach's most prestigious gated communities. This expansive homesite, just under half an acre, offers panoramic water views and the ideal setting to build your dream home. With all utilities available and a current survey on hand, the property is ready for development. You can build your own private dock and enjoy easy access to the Gulf of Mexico, making it perfect for boating enthusiasts. Nestled in a serene, private setting surrounded by natural beauty, yet conveniently located near the beach, top-rated schools, premier shopping, and dining—this is coastal living at its finest. Don't miss your chance to secure this exceptional piece of paradise.