000 Hugh Thomas Drive , Panama City, FL 32404

$960,000
  • 000 Hugh Thomas Drive , Panama City, FL 32404 Main Photo

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Active
LOT SIZE 2.620 acres MLS#793873
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONCallaway

Property Description

Waterfront development opportunity on Callaway Bayou! Recently subdivided from six parcels into 12 waterfront lots, each offering more than 50 feet of frontage along the bayou and waterfront views. Lot sizes range from approximately 0. 152 to 0. 29 acres, with most measuring around 0. 20 acres. All 12 lots are being offered together and include the following six parcels: 06641-995-250, 06641-995-260, 06641-995-270, 06641-995-280, 06641-995-290 and 06641-995-300. Callaway Bayou provides access toward East Bay and St. Andrews Bay, with the shallow-water setting well suited for kayaks, paddleboards, jon boats and other low-draft watercraft, subject to current water depths and conditions. No docks or seawalls are currently in place. Individual dock potential may exist subject to applicable permitting and regulatory approval. Conceptual home renderings are available illustrating the potential for two-story residences designed to take advantage of the waterfront setting and elevated views. Based on preliminary planning, lots may accommodate approximately 1,800-2,100 square feet of living space with a two-story design. Current information indicates approximately 25-foot roadside setbacks and 20-foot waterfront setbacks; buyers should independently verify zoning, setbacks, building requirements, utilities, flood zone/elevation requirements, dock permitting and intended use with the appropriate governmental agencies. With 12 individual waterfront lots available, this property presents an opportunity for builders, developers or investors looking to create a cohesive waterfront residential project in the Callaway area, with convenient access to Panama City and Tyndall Air Force Base.

000 Hugh Thomas Drive | MLS# 793873

This land located at 000 Hugh Thomas Drive , Panama City, FL 32404 is currently listed for sale with an asking price of $960,000. The property has approximately 2.62 Acres. Search Panama City real estate on www.realtymarkllc.com today.

Property Features

Property Type: Land - Commercial
Lot Size: 2.62 Acres

Feature Descriptions

Days on Site: 19
Parcel#: 06641-995-260
Special View Info: Bayou
Utilities: Sewer Available
Waterfront: Bayou, Gulf Access, See Remarks

Listed By / Shown By

Listed By

Agency Name: ERA Neubauer Real Estate Inc

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0040

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Estimated Payment

$ 2,416.54 per month $2,136.54 Principal & Interest $0.00 Property Tax (data not provided by mls) $280.00 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/31/2026. The listing information on this page last changed on 08/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/31/2026 12:25:29 AM EST) or Stellar MLS (last updated Mon 08/31/2026 12:09:49 AM EST) or GSMLS (last updated Mon 08/31/2026 12:24:12 AM EST) or Emerald Coast MLS (last updated Mon 08/31/2026 12:05:21 AM EST) or Fort Myers (last updated Sun 08/30/2026 11:04:29 PM EST) or Central Panhandle Association of Realtors (last updated Mon 08/31/2026 12:17:17 AM EST) or Northeast Florida MLS (last updated Mon 08/31/2026 12:18:53 AM EST) or Beaches MLS (last updated Sun 08/30/2026 12:35:35 AM EST) or Naples MLS (last updated Sun 08/30/2026 11:40:20 PM EST) or Bright MLS (last updated Mon 08/31/2026 12:20:26 AM EST) or OneKey MLS (last updated Mon 08/31/2026 12:21:22 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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