Nestled in a serene northwestern cove of Powell Lake - the largest coastal dune lake in Florida and North America, spanning nearly 800 acres - this expansive 5.58-acre lot offers exceptional development potential between the prestigious gated communities of Watersound Origins and Wild Heron. As ongoing residential and commercial growth in Panama City Beach continues to make Powell Lake shoreline an increasingly rare commodity, securing this waterfront property represents a golden opportunity in one of Northwest Florida's most dynamic areas. Boasting approximately 300 feet of pristine shoreline on this ''Outstanding Florida Waters'' designated lake, the lot promises unparalleled privacy and a blank canvas for your vision - whether a custom dream home, private retreat, or eco-friendly escape. Its strategic location not only immerses you in the lake's tranquil ambiance, ideal for boating, jet skiing, or paddling, but also places you near top-tier amenities like the Greg Norman-designed Shark's Tooth Golf Course at Wild Heron and the resort-style pools, nature trails, and golf options at Watersound Origins. Just a short drive away, Panama City Beach's booming 2025 developments - including new attractions like TopGolf, Pirates Voyage Dinner & Show, and expanded parks - add even more appeal for lifestyle and investment potential. Bay County has enhanced recreational access with a self-service kayak rental kiosk at the Lake Powell boat ramp, making this body of water even more inviting for paddle enthusiasts from sunup to sundown. Imagine crafting your ideal haven here, where the raw beauty of nature converges with the promise of luxury living amid Florida's Emerald Coast. With the region's rapid evolution, the time to seize this unique waterfront gem is now, before it's claimed.