3319 Terra Cotta Drive, Panama City, FL 32408

Property Description

Rare opportunity to own a premium waterfront homesite in the highly sought-after gated community of Finisterre. This exceptional lot has been thoughtfully improved with fill dirt and a new seawall, providing a solid foundation and valuable cost savings for your future build. Enjoy direct water access with two designated jet ski spaces at the community dock, conveying with the purchase and perfectly suited for embracing the coastal lifestyle. Whether you are planning a custom luxury residence or a private second home retreat, this property is ideally positioned to capture stunning views of Grand Lagoon and its natural beauty. The seller also offers beautifully designed Mediterranean-style house plans, customized specifically for this lot, adding further value and convenience for your build. Finisterre is a gated waterfront community featuring amenities such as tennis courts, pickleball, basketball, a playground, and a community dock. Ideally located just minutes from local marinas, some of Panama City Beach's best dining, and only a short golf cart ride to ''World's Most Beautiful Beach'', this property truly offers the best of both boating and beach living. Opportunities like this in Finisterre are limited. Secure your slice of paradise and begin building your dream coastal home today. This listing contains photos with conceptual rendering for illustrative purposes only.

Listing Status:

Active

Date Added:

April 12, 2026

Data Last Updated:

May 2, 2026 at 7:16AM

Listing Office:

Sims Resort Realty, Inc : 850-238-8360

MLS ID:

788233

Location

• Road/Access: FreewayPrivate Road
• HOA Amenities: DockGated
• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: FINISTERRE SUB PH II 69D3 LOT 5 BLK A ORB 4568 P 74131424-555-000
• View: BayLagoonView

Financial

• Source: CPAR_CPAR