1505 E Park Road, Panama City, FL 32404

New Listing
$175,000
Property Type: Residential Land Lot Size (sq. ft.): 49,658 Status: Active
Current Price: $175,000 List Date: 8/27/2026 Last Modified: 8/27/2026

Overview

Description

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. W

Listing Details MLS# 794629

Contract Info

List Price/Acre
152173.91

Location

Street #
1505
Street Direction
E
Street Name
Park
Street Suffix
Road
Area
02 – Bay County – Central
State
FL
Zip Code
32404
County
Bay
Sub Area
0202 – Bay – Central SE
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
Yes
Parcel ID
07248-000-000
Elementary School
Callaway
Middle School
Everitt
High School
Rutherford
Directions
Head South on US HWY 98, then turn right onto Boat Race Rd. Head East Approximtely 1 mile, and turn right onto Wallace Rd. Finally, in 1/4 mile, turn right onto E Park Rd. The property will be on your left.
Legal Description
EAST BAY PARK LOTS 27 & 28 BLK A (132C4) ORB 4052 P 693

General Property Info

Sub-Type
Vacant Land
Lot Dimensions
200.0 ft x 250.0 ft
Acreage
1.15
Lot Size (SqFt)
49658

Waterfront Feature

Waterfront Feet
200

Listing Info, Tax & Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
1547.69
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
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.

More Information

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Lot Features

Near Public Boat Ramp
Yes
Waterfront
Yes

Lot Access

Paved Road
Yes

Utilities

Electricity – Connected
Yes
Sewer Available
Yes
Water Available
Yes

Waterview

Bay
Yes
Canal
Yes

Sale Type

As Is
Yes

Waterfront Type

Canal w/ Gulf Access
Yes

Property Features

Financing: Cash; Conventional; FHA; VA Lot Access: Paved Road Lot Features: Near Public Boat Ramp; Waterfront Sale Type: As Is Utilities: Electricity – Connected; Sewer Available; Water Available Waterfront Type: Canal w/ Gulf Access Waterview: Bay; Canal
Listing Office: Empire Real Estate of Florida LLC
Last Updated: August – 27 – 2026
Information deemed reliable but not guaranteed.