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5.05 acres of Florida Forever Program land in the Lake Powell/Inlet Beach/Phillip's Inlet area. As per Bay County, Florida Planning and Zoning Comprehensive Planning documents, each acre can accommodate up to 15 units for a total of over 75 units as per Chapter 7 of the currently approved Florida Land Use and Zoning Map (FLUM). Property adjacent to WaterSound Origin's Love III golf course and planned Village Center. Property high and dry located in FEMA Zone ''X''. Unbelievable flora, fauna and wildlife. Current survey available. Minutes to shopping, restaurants, and entertainment in Inlet Beach, Rosemary Beach, 30A and Panama City Beach. Publix Supermarket, Aldi's and Walmarkt's new Neighborhood Marketplace within minutes driving. Panama City Beach International Airport (ECP) and Destin-Fort Walton Beach Airport 9VPS) close-by. No HOA. Owner financing possible with an acceptable offer.