UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
Well-maintained single-family home located in the desirable Callaway area, just minutes from Tyndall Air Force Base and conveniently situated off Highway 22. This 3-bedroom, 2-bathroom residence offers 1,383 square feet of functional living space and is ideal for a primary residence, military relocation, or investment opportunity.
The home features a practical floor plan with comfortable living and dining areas, a 2-car garage, and a vacant interior ready for immediate occupancy. The property sits on a 55 x 115 lot, offering a manageable yard with room for outdoor enjoyment, pets, or future enhancements.
The location provides easy access to shopping, dining, schools, and major roadways, while remaining close to everyday conveniences and employment hubs. With its proximity to Tyndall AFB and strong rental demand in the area, this property presents excellent potential for both homeowners and investors.
Sold for $255,000
$255,000
7532 Shadow Bay Dr, Panama City, FL 32404
3beds
1,383sqft
Single Family Residence
Built in 1987
6,534 Square Feet Lot
$253,400 Zestimate®
$184/sqft
$1,826 Estimated rent
Home value
$253,400
$231,000 - $279,000
$1,826/mo
Zestimate® history
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$1,653/mo
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$1,653/mo
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Practical floor plan
Zillow last checked:
Listing updated:
Listed by:
Mike S Herring 850-321-0917,
Keller Williams Realty Emerald
Bought with:
Parago Bothe, SL3537263
Bastion Realty LLC
Source: CPAR,MLS#: 784092
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Garage, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Description: All Measurements are approximate; Buyer to verify.
- Level: First
- Dimensions: 16 x 12
Bedroom
- Level: First
- Dimensions: 12 x 9
Bedroom
- Level: First
- Dimensions: 12 x 10
Primary bathroom
- Level: First
- Dimensions: 7 x 4
Dining room
- Level: First
- Dimensions: 10 x 17
Garage
- Level: First
- Dimensions: 23 x 17
Kitchen
- Description: Eat-in Kitchen
- Level: First
- Dimensions: 8 x 7
Living room
- Level: First
- Dimensions: 15 x 20
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Features
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 1,383
- Total interior livable area: 1,383 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Patio
- Fencing: Fenced
Lot
- Size: 6,534 Square Feet
- Dimensions: 55 x 115
- Features: Paved
Details
- Parcel number: 06616320000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1987
Utilities & green energy
- Utilities for property: Electricity Available, Sewer Available
Community & HOA
Community
- Subdivision: Shadow Bay Unit 2
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $186,222
- Annual tax amount: $2,555
- Date on market: 1/23/2026
- Cumulative days on market: 39 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2026 | Sold | $255,000-3.4%$184/sqft |
Source:  CPAR #784092 Report a problem | ||
| 3/4/2026 | Pending sale | $264,000$191/sqft |
Source: CPAR #784092 Report a problem | ||
| 1/23/2026 | Listed for sale | $264,000+60%$191/sqft |
Source: CPAR #784092 Report a problem | ||
| 5/24/2018 | Sold | $165,000-2.9%$119/sqft |
Source: CPAR #670292 Report a problem | ||
| 5/17/2018 | Pending sale | $169,900$123/sqft |
Source: CENTURY 21 Commander Realty, Inc. #670292 Report a problem | ||
| 4/9/2018 | Price change | $169,900+1.2%$123/sqft |
Source: CENTURY 21 Commander Realty, Inc. #670292 Report a problem | ||
| 2/9/2018 | Listed for sale | $167,900$121/sqft |
Source: Overstreet Realty #665401 Report a problem | ||
| 1/11/2018 | Pending sale | $167,900$121/sqft |
Source: Overstreet Realty #665401 Report a problem | ||
| 1/4/2018 | Listed for sale | $167,900$121/sqft |
Source: Overstreet Realty #665401 Report a problem | ||
| 12/11/2017 | Pending sale | $167,900$121/sqft |
Source: Overstreet Realty #665401 Report a problem | ||
| 12/3/2017 | Price change | $167,900-1.2%$121/sqft |
Source: Overstreet Realty #665401 Report a problem | ||
| 11/22/2017 | Listed for sale | $169,900$123/sqft |
Source: Overstreet Realty #665401 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,555 +3.6% | $186,222 +7.2% |
| 2023 | $2,466 +20.9% | $173,649 +10% |
| 2022 | $2,039 | $157,863 |
| 2021 | -- | -- |
| 2020 | $1,816 +13.1% | $131,779 +9.7% |
| 2019 | $1,606 | $120,117 +37.7% |
| 2018 | $1,606 +44% | $87,226 +7.4% |
| 2017 | $1,115 +94.7% | $81,229 +2.1% |
| 2016 | $573 -1.3% | $79,558 +0.7% |
| 2015 | $580 | $79,005 +0.8% |
| 2014 | $580 | $78,378 +1.6% |
| 2013 | -- | $77,127 -1.3% |
| 2012 | -- | $78,113 +6.1% |
| 2011 | -- | $73,629 +1.5% |
| 2010 | -- | $72,541 +2.7% |
| 2009 | -- | $70,634 +0.1% |
| 2008 | -- | $70,563 +3% |
| 2007 | -- | $68,508 +2.5% |
| 2006 | -- | $66,837 +3% |
| 2005 | -- | $64,890 +3% |
| 2004 | -- | $63,000 +1.9% |
| 2003 | -- | $61,825 +2.4% |
| 2002 | -- | $60,376 +1.6% |
| 2001 | -- | $59,425 +0.6% |
| 2000 | -- | $59,066 |
Find assessor info on the county website
Neighborhood: 32404
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Nearby schools
GreatSchools rating
- 6/10Callaway Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Callaway
- Middle: Rutherford Middle
- High: Rutherford
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Bay County
- Callaway
- 32404
- 7532 Shadow Bay Dr
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