000 Hugh Thomas Drive, Panama City, FL 32404
New Listing
$960,000
Property Type:
Commercial Land
Lot Size (sq. ft.):
114,214
Status:
Active
Current Price:
$960,000
List Date:
8/11/2026
Last Modified:
8/11/2026
Listing Details MLS# 793873
Location, Tax & Legal
- Street #
- 000
- Street Name
- Hugh Thomas
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32404
- County
- Bay
- Area
- 02 – Bay County – Central
- Subdivision
- Callaway
- Parcel ID
- 06641-995-260
- Legal Description
- GRIMES CALLAWAY BAYOU ESTS UNIT #6 146C LOT 22 BLK E ORB 4655 P 72
- Sub Area
- 0202 – Bay – Central SE
- Community/Resort
- None
- Waterfront
- Yes
- Elementary School
- Callaway
- Middle School
- Everitt
- High School
- Rutherford
- Directions
- 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
- HOA Fee
- No
Contract Info
- List Price/Acre
- 366412.21
- Sub-Type
- Residential Lots
- List Type
- Exclusive Right of Sale
- Named Exception
- No
General Property Info
- Site Dimensions
- 187x468x592.2×325.1
- Acreage
- 2.62
- Lot Size (SqFt)
- 114214
- Is Subject Leased
- No
Remarks & Misc
- Remarks
- 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.
Financing
- Cash
- Yes
- Conventional
- Yes
More Information
Lot/Parcel Access
- City Road
- Yes
- Paved Road
- Yes
Present Zoning
- Resid Single Family
- Yes
Utilities
- Sewer Available
- Yes
- Water Available
- Yes
Waterview
- Bayou
- Yes
Waterfront Type
- Bayou w/ Gulf Access
- Yes
- See Remarks
- Yes
TransportationAccess
- Paved
- Yes
Property Features
TransportationAccess:
Paved
Financing:
Cash; Conventional
Utilities:
Sewer Available; Water Available
Waterfront Type:
Bayou w/ Gulf Access; See Remarks
Present Zoning:
Resid Single Family
Waterview:
Bayou
Listing Office:
ERA Neubauer Real Estate Inc
Last Updated: August – 11 – 2026
Information deemed reliable but not guaranteed.