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Listed by Carol Villani · Courtesy of PLANTATION REALTY, INC.· Agent MLS ID# MFR275503287 · Deemed reliable but not guaranteed. · Data last updated: Aug 23, 2026 · 4:16 PM

TBD PLANTATION DR

Panama City, Bay, FL, 32404

Active

$650,000

N/ABeds
0Baths
N/ASq Ft
N/ABuilt
397Days on Market

About this home

Waterfront Residential Parcel on Callaway Bayou! Approximately 1.49 acres according to county records, offering space for a private waterfront residence or an approved residential development. The protected, boatable water connects with the Gulf Intracoastal Waterway, St. Andrews Bay, Shell Island, and the Gulf of Mexico. Neighboring waterfront homes have private docks, supporting the boating and fishing lifestyle found along Plantation Drive. Any new dock will require applicable permitting and approval. Zoned R-1 for detached single-family residences. Current City of Panama City regulations provide for a maximum density of 10 dwelling units per gross acre and a minimum newly created lot area of 5,000 square feet. The parcel may offer potential for multiple residential lots through an approved subdivision and development plan. The property has no HOA and offers extended frontage along paved Plantation Drive. Public Water, Sewer, and Electricity are available. A 2021 boundary survey is available and reports approximately 1.355 acres, while county records report approximately 1.49 acres. The survey depicts portions of the property in FEMA Flood Zones AE and X. Convenient to Tyndall Air Force Base, shopping, restaurants, and schools. Qualified buyers may purchase with as little as 20% Down payment.

Facts & Features

MFRTB8409963
$650,000
Active
N/A
0
N/A
N/A
N/A
1.4900
N/A
Land
Land
N/A

Community Information

TBD PLANTATION DR
N/A
Panama City
Bay
FL
32404
No

Amenities

N/A
N/A
No
Yes
No

Interior

N/A
N/A
N/A
N/A
N/A
N/A
N/A

Exterior

N/A
N/A
N/A
N/A
N/A
Landscaped, Oversized Lot, Cleared, Corner Lot, Other

School Information

N/A
N/A
N/A

Additional Information

July 22, 2025
397
R-1
N/A
No

Mortgage Calculator

This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. PLANTATION REALTY, INC. is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.

397 days on market

Listing updated: Aug 23, 2026 · 4:16 PM

Listed by: Carol Villani · 347-245-2245PLANTATION REALTY, INC. · 352-795-0784

Updated from Real Estate Market Data

Location

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