outstanding parcel in a rapidly growing corridor. The parcel offered is 4 acres, however seller can also add 3 acres of adjoining additional uplands to the east.
Bay County Parcel ID: 07202-010-000 and 07208-000-000; located in City of Callaway; The site is located directly on South Tyndall Parkway 400 feet frontage, reserving a 50' access easement in the NW corner. The Avg Daily Traffic Count 20,400 vehicles per day (2025); This site is 3.3 Miles to Tyndall Air Force Base visitor center. The influx of defense-related projects and economic development initiatives has propelled the entire community into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for both housing and support businesses has surged, presenting investors with a solid opportunity for returns.
Air Force Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to bed down three F-35 fighter squadrons and the addition of 400- 600 +/- military jobs per squadron and additional support personnel for support functions, traffic count and the need for increased services should continue to grow.
The Bay Economic Development Alliance continues to win commitments by new and expanding industry. Recently, the $175MM capital investment in 'Project Spinner' IAG Aero Group brings 500 new aviation-related jobs to Spark Economic Growth, 160,00 SF of facilities, and a 350-acre acquisition north of the airport. Premier Aviation, a new MRO (Maintenance Repair Operation) will refurbish CRJ aircraft and Mocama Marine LLC establishes a boat manufacturing operation; Port Panama City welcomed a new 251,000 square-foot FedEx Ground facility at the Industrial Distribution Center on Highway 231, Borusan Berg Pipe announced a $68MM expansion, Voltari Electric, Canada based co. announced 285 jobs & $38M investment... and continued interest by significant employers.
Lot/land
$1,750,000
1117 S Tyndall Pkwy, Panama City, FL 32404
--beds
--baths
3.9Acres
Unimproved Land
Built in ----
3.9 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Highway frontage acreageHigh elevation
- 347 days
- 8
- 0
Zillow last checked:
Listing updated:
Listed by:
Brian Hinton 850-527-6393,
ERA Neubauer Real Estate, Inc,
Tom S Neubauer 850-522-7450,
ERA Neubauer Real Estate Inc
Source: CPAR,MLS#: 769417
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Lot
- Size: 3.9 Acres
Details
- Parcel number: 07208000000
- Zoning description: Multi-Family, City, Commercial
- Special conditions: Listed As-Is,Other
Utilities & green energy
- Sewer: Community/Coop Sewer
- Water: Community/Coop
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Tax assessed value: $259,873
- Annual tax amount: $3,565
- Date on market: 6/30/2026
- Cumulative days on market: 487 days
Estimated market value
Not available
Estimated sales range
Not available
$2,734/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listed for sale | $1,750,000 |
Source: | ||
| 8/25/2025 | Listing removed | $1,750,000 |
Source: | ||
| 2/26/2025 | Listed for sale | $1,750,000+133.3% |
Source: | ||
| 8/3/2022 | Sold | $750,000+87.5% |
Source: Public Record Report a problem | ||
| 12/19/2001 | Sold | $400,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,565 -1.2% | $259,873 |
| 2023 | $3,610 -9.4% | $259,873 -12.7% |
| 2022 | $3,983 | $297,678 |
| 2021 | -- | -- |
| 2020 | $2,589 0% | $193,410 -0.2% |
| 2019 | $2,590 | $193,759 -31.4% |
| 2018 | $2,590 -28.2% | $282,285 -0.1% |
| 2017 | $3,608 -3.7% | $282,633 -0.1% |
| 2016 | $3,748 -7.1% | $282,982 -1.5% |
| 2015 | $4,034 | $287,210 -0.1% |
| 2014 | $4,034 | $287,559 |
Find assessor info on the county website




