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.
Lot/land
$175,000
1505 E Park Rd, Panama City, FL 32404
--beds
--baths
1.15Acres
Unimproved Land
Built in ----
1.15 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Stretching over an acreExpansive canal-front lot
- 42 days
- 129
- 12
Zillow last checked:
Listing updated:
Listed by:
Austin Lipham 850-814-3399,
Empire Real Estate of Florida LLC
Source: CPAR,MLS#: 794629
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Property
Features
- Has view: Yes
- View description: Bay, Canal
- Has water view: Yes
- Water view: Bay,Canal
- Waterfront features: Canal Front, Gulf Access
- Frontage length: 200
Lot
- Size: 1.15 Acres
- Dimensions: 200.0 ft x 250.0 ft
- Features: Paved
Details
- Parcel number: 07248000000
- Special conditions: Listed As-Is
Utilities & green energy
- Utilities for property: Sewer Available
Community & HOA
Community
- Subdivision: No Named Subdivision
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Tax assessed value: $121,212
- Annual tax amount: $1,547
- Date on market: 8/27/2026
- Cumulative days on market: 43 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Listed for sale | $175,000-7.9% |
Source: | ||
| 1/1/2025 | Listing removed | $190,000 |
Source: | ||
| 7/26/2024 | Listed for sale | $190,000 |
Source: | ||
| 2/10/2024 | Listing removed | -- |
Source: | ||
| 12/29/2022 | Listed for sale | $190,000 |
Source: | ||
| 12/8/2022 | Listing removed | -- |
Source: | ||
| 12/2/2021 | Listed for sale | $190,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,548 +9.2% | $107,790 +10% |
| 2024 | $1,417 +14.5% | $97,991 +10% |
| 2023 | $1,238 +13.6% | $89,083 +5.7% |
| 2022 | $1,089 | $84,318 |
| 2021 | -- | -- |
| 2020 | $1,129 -15.3% | $84,318 -15.4% |
| 2019 | $1,332 | $99,636 |
| 2018 | $1,332 +4.6% | $99,636 -1% |
| 2017 | $1,274 -4.6% | $100,646 |
| 2016 | $1,335 -9.8% | $100,646 -4.5% |
| 2015 | $1,480 | $105,412 |
| 2014 | $1,480 | $105,412 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 32404
Nearby schools
Schools provided by the listing agent
- Elementary: Callaway
- Middle: Everitt
- High: Rutherford
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







