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000 Hugh Thomas Drive

Panama City, FL 32404
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Acres2.62

Acres(Lot)

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.

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Detail Ic Property Details

Property Type : Land

Price : $960,000

AD Id : 89433298

MLS Id : 793873

Lot Size : 2.62 Acres(Lot)

County : Bay

Subdivision: Callaway

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Feature Features

  • Lot Information

    Main Square Feet: 2.62 Lot Size Acres: 2.62 Lot Size Square Feet: 114,214

    Property Information

    Subdivision: Callaway Source Property Type: Land MLS Area Minor: 0202 - Bay - Central SE Zoning Description: Resid Single Family Property SubType: Commercial

  • Listing Price Information

    Listing Price: $960000

  • Tax Information

    Parcel Number: 06641-995-260 Tax Legal Desc: GRIMES CALLAWAY BAYOU ESTS UNIT #6 146C LOT 22 BLK E ORB 4655 P 72

  • Utility Information

    SewerAvailable
  • Location Information

    Direction: Start North on S Tyndall Pkwy toward Hwy 22. Turn right onto E Highway 22 (SR-22). Turn right onto Hugh Thomas Dr. Turn right onto Hugh Thomas Dr. End at Hugh Thomas Dr Panama City, Florida 32404
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Nearby Home Value

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Laura Bluff Road, Panama City, FL, 32404 $999,999 -- -- -- 86.61 Acres(Lot)
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10342 Heather Lane, Panama City, FL, 32404 $175,000 -- -- -- 11.60 Acres(Lot)
Allanton Road, Panama City, FL, 32404 $2,150,000 -- -- -- 307 Acres(Lot)
PARCEL 3 Allanton Road, Panama City, FL, 32404 $618,000 -- -- -- 103 Acres(Lot)
PARCEL 1 Allanton Road, Panama City, FL, 32404 $612,000 -- -- -- 100 Acres(Lot)
PARCEL 2 Allanton Road, Panama City, FL, 32404 $612,000 -- -- -- 102 Acres(Lot)
00 Allanton Road, Panama City, FL, 32404 $3,750,000 -- -- -- 167 Acres(Lot)
3 LOTS Allanton Road, Panama City, FL, 32404 $760,000 -- -- -- 1.99 Acres(Lot)
Old Allanton Road, Panama City, FL, 32404 $21,000,000 -- -- 27,553,573 632.54 Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/16/2026 @ 20:47

MLS: 793873 LISTED BY: Heather Neubauer, ERA Neubauer Real Estate Inc 850-785-1551 SOURCE: CPAR

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