$175,000
Panama City, FL 32404
MLS# 794629
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Property Description
Build your waterfront dream home on this expansive canal-front lot in Callaway Point, stretching over an acre and boasting approximately 200 feet of waterfront access with direct access to East bay and the Gulf. Whether you envision a full-time residence, a weekend retreat, or a long-term investment, this property offers a rare opportunity to create something that fits your lifestyle. With plenty of room to bring your vision to life, this property provides a true clean slate for a builder, investor, or buyer ready to build. Enjoy the freedom and privacy of waterfront living while still being conveniently located near Tyndall Air Force Base, local schools, shopping, grocery stores, restaurants, and all Panama City has to offer. Whether you're chasing the early-morning bite, cruising the waterways in the afternoon, or watching the sunset over the water at the end of the day, this property offers the opportunity to build a waterfront lifestyle in a convenient Panama City location. Water access, acreage, and endless potential--opportunities like this don't come along often.
Details
Maps
Contract Info
List Price/Acre: 152173.91
Status: Active
List Date: 2026-08-24
List Price: $175,000
Current Price: $175,000
Location
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: Yes
Elementary School: Callaway
Middle School: Everitt
High School: Rutherford
Directions: Head South on US HWY 98, then turn right onto Boat Race Rd. Head East Approximtely 1 mile, and turn right onto Wallace Rd. Finally, in 1/4 mile, turn right onto E Park Rd. The property will be on your left.
Street #: 1505
Street Direction: E
Street Name: Park
Street Suffix: Road
Area: 02 - Bay County - Central
State: FL
Zip Code: 32404
County: Bay
Subdivision: No Named Subdivision
Parcel ID: 07248-000-000
Legal Description: EAST BAY PARK LOTS 27 & 28 BLK A (132C4) ORB 4052 P 693
General Property Info
Acreage: 1.15
Lot Size (SqFt): 49658
Lot Dimensions: 200.0 ft x 250.0 ft
Sub-Type: Vacant Land
Listing Info, Tax & Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 1547.69
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Build your waterfront dream home on this expansive canal-front lot in Callaway Point, stretching over an acre and boasting approximately 200 feet of waterfront access with direct access to East bay and the Gulf. Whether you envision a full-time residence, a weekend retreat, or a long-term investment, this property offers a rare opportunity to create something that fits your lifestyle.
With plenty of room to bring your vision to life, this property provides a true clean slate for a builder, investor, or buyer ready to build. Enjoy the freedom and privacy of waterfront living while still being conveniently located near Tyndall Air Force Base, local schools, shopping, grocery stores, restaurants, and all Panama City has to offer.
Whether you're chasing the early-morning bite, cruising the waterways in the afternoon, or watching the sunset over the water at the end of the day, this property offers the opportunity to build a waterfront lifestyle in a convenient Panama City location. Water access, acreage, and endless potential--opportunities like this don't come along often.
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Lot Features
Near Public Boat Ramp: 1
Waterfront: 1
Waterfront Feature
Waterfront Feet: 200
Lot Access
Paved Road: 1
Utilities
Electricity - Connected: 1
Sewer Available: 1
Water Available: 1
Waterview
Bay: 1
Canal: 1
Sale Type
As Is: 1
Waterfront Type
Canal w/ Gulf Access: 1
Property Features
Financing: Cash; Conventional; FHA; VA
Lot Access: Paved Road
Lot Features: Near Public Boat Ramp; Waterfront
Sale Type: As Is
Utilities: Electricity - Connected; Sewer Available; Water Available
Waterfront Type: Canal w/ Gulf Access
Waterview: Bay; Canal
Listing Office: Empire Real Estate of Florida LLC
Last Updated: August - 27 - 2026
Information deemed reliable but not guaranteed.