$650,000
Panama City, FL 32404
MLS# 786835
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Property Description
Huge price reduction! Motivated seller! Coastal Living Starts Here in Panama City! Build your dream home on this beautiful 1.49-acre waterfront lot with direct access to the water and the relaxed Florida lifestyle you've been waiting for. Located on the scenic shores of Callaway Bayou, this property offers protected, boatable water that connects to the Gulf Intracoastal Waterway, leading out to St. Andrews Bay, Shell Island, and the open waters of the Gulf of Mexico. Just imagine pulling your boat right up to your future home--simply bring your own dock and start enjoying life on the water. This rare waterfront parcel offers approximately 1.49 acres of space to design and build the custom coastal home you've always envisioned. With no HOA, you have the freedom to create your own private retreat while enjoying the peace and beauty of the bayou. Conveniently located just minutes from Tyndall Air Force Base, along with shopping, restaurants, and schools, this property offers the perfect blend of tranquility and accessibility. Opportunities like this don't come along often--secure your piece of waterfront paradise and start living the true Florida coastal lifestyle.
Details
Maps
Contract Info
List Price/Acre: 436241.61
Status: Active
List Date: 2026-03-14
List Price: $650,000
Current Price: $650,000
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: Yes
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: From Tyndall Parkway in Panama City, turn onto Plantation Drive and continue straight into the neighborhood. The property will be located on Plantation Drive.
Street #: 000
Street Name: Plantation
Street Suffix: Drive
Area: 02 - Bay County - Central
State: FL
Zip Code: 32404
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 06712-093-000
Legal Description: COM AT THE SE COR OF SEC 17 TH RUN S13 DEG W 454' N85 DEG W 770.2' N05 DEG W 156.01' TH S84 DEG W 15.5' TH N09 DEG W 100.28' N 100.55' N30 DEG W 110.32' N18 DEG W 102.57' TH N22 DEG E 113.13' FOR POB TH RUN N70 DEG E 200' N17 DEG W 122' S75 DEW W 510 ' M/L TO WATER'S EDGE TH RUN SELY ALONG WATEE'S EDGE 100' M/L TO A POINT S84 DEG W OF POB TH RUN N84 DEG E 280' M/L TO POB OR
General Property Info
Acreage: 1.49
Lot Size (SqFt): 64904
Lot Dimensions: 93.01ft x 504.88ft x 138.35ft x448.47ft
Sub-Type: Residential Lots
Listing Info, Tax & Legal
HOA Fee: No
Last Taxes: 2751
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Huge price reduction! Motivated seller! Coastal Living Starts Here in Panama City!
Build your dream home on this beautiful 1.49-acre waterfront lot with direct access to the water and the relaxed Florida lifestyle you've been waiting for. Located on the scenic shores of Callaway Bayou, this property offers protected, boatable water that connects to the Gulf Intracoastal Waterway, leading out to St. Andrews Bay, Shell Island, and the open waters of the Gulf of Mexico. Just imagine pulling your boat right up to your future home--simply bring your own dock and start enjoying life on the water.
This rare waterfront parcel offers approximately 1.49 acres of space to design and build the custom coastal home you've always envisioned. With no HOA, you have the freedom to create your own private retreat while enjoying the peace and beauty of the bayou.
Conveniently located just minutes from Tyndall Air Force Base, along with shopping, restaurants, and schools, this property offers the perfect blend of tranquility and accessibility.
Opportunities like this don't come along often--secure your piece of waterfront paradise and start living the true Florida coastal lifestyle.
Financing
Cash: 1
Conventional: 1
Waterfront Feature
Waterfront Feet: 93.01
Utilities
Electricity - Connected: 1
Waterfront Type
Bayou w/ Gulf Access: 1
Property Features
Financing: Cash; Conventional
Utilities: Electricity - Connected
Waterfront Type: Bayou w/ Gulf Access
Listing Office: Legacy Premier Agency
Last Updated: July - 08 - 2026
Information deemed reliable but not guaranteed.