Land at 702 ISLAND CT, PANAMA CITY
Land at 702 ISLAND CT, PANAMA CITY, photo 2 of 4
Land at 702 ISLAND CT, PANAMA CITY, photo 3 of 4
Land at 702 ISLAND CT, PANAMA CITY, photo 4 of 4
4 photos

$49,999

702 ISLAND CT
PANAMA CITY, FL 32404
Listed by Zach Hilferding · NEW ALLIANCE GROUP REALTY
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Please note, the seller has lowered the price several times and is now firm at the listing price. Build your dream home on this 1.33-acre cul-de-sac lot in the sought-after Laird Bayou community, a gated waterfront neighborhood offering the perfect blend of privacy, recreation, and coastal living. Residents enjoy exclusive amenities including a private boat launch, boat and RV storage, a community pool with restrooms, and underground utilities, making it easy to embrace the waterfront lifestyle. Spend your days exploring the beautiful waters of East Bay, boating to Shell Island, or enjoying the nearby beaches and outdoor recreation. Conveniently located just minutes from Tyndall Air Force Base, Mexico Beach, and Panama City, this spacious homesite offers an exceptional opportunity to build your custom coastal retreat in one of Bay County's most desirable communities. Listing is for land only and comes As Is.

Property details

MLS #
MFRA4700981
Property type
Land
Subdivision
N/A
Status
Active
Days on market
33
On market date
July 24, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.34 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
CALLAWAY ELEMENTARY SCHOOL
3.2 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
469
Student:teacher ratio
15.1:1
District
BAY
Middle
MERRITT BROWN MIDDLE SCHOOL
7.88 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
677
Student:teacher ratio
18.3:1
District
BAY
High
RUTHERFORD HIGH SCHOOL
6.13 mi away · Grades 6-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,393
Student:teacher ratio
19.9:1
District
BAY

Walkability

Blended score for PANAMA CITY's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

15
Very car-dependent
out of 100
EPA National Walkability Index
4.8 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$451/mo
$10,000 down
$39,999 loan
Principal & interest$259
Property tax (est.)$42
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated August 26, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.