602 Dogwood Way, Panama City, FL 32404

Listing agent Cory D Brown License #3447799 Show Phone

Listing office Think Real Estate z***@gmail.com 2810 Martin Luther King Jr. Bl Suite C, Panama City Beach, FL Show Phone

Listing date Apr 21, 2026

Report an issue

MLS# 788697 Listing URL

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

---

Overview

This 1.97-acre vacant lot is located in East Callaway, a suburb of Panama City, Florida. The property offers an opportunity to create a custom home or investment property. The land has a pond and provides space for a home, workshop, and outdoor living areas. The location provides convenient access to shopping, dining, and everyday essentials. It is a short drive (under 15 minutes) to Tyndall Air Force Base and minutes from the white-sand beaches of the Gulf Coast. The property is surrounded by parks, nature trails, and recreational activities. The area is experiencing continued growth and development, offering possibilities for building or investing.

Suggested Use

Real Estate Agency Auto Repair Shop Kitchen & Bath Showroom Department Store Computer & Electronic Repair Garden Center Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Panama City

County

Walton

State

Florida

Longitude

-85.500354

Latitude

30.180606

Nearby Similar for Sale

• 

  $2,500,000

  11,171 SF

  Versatile Commercial Property in Panama City

  Showroom, warehouse, and office space in a strategic location.

  1331 Harrison Avenue, Panama City, FL 32401

  View Details
• 

  $1,500,000

  9,050 SF

  Three-Building Flex and Industrial Campus

  A 9,000+ SF heated, multi-office flex campus with gated storage, abundant parking, and room to scale for growing operations.

  2901 W 17th Street, Panama City, FL 32405

  View Details
• 

  $775,000

  1,708 SF

  Historic Panama City Mixed-Use Property

  Custom property on a large lot, suitable for multiple commercial uses.

  854 Magnolia Avenue, Panama City, FL 32401

  View Details
• 

  $724,000

  5,222 SF

  Six-Unit Income Producing Property

  Turnkey six-unit rental portfolio on a corner lot with recently remodeled interiors and newer roof improvements.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $959,900

  5,026 SF

  Panama City Commercial Corner Parcel

  Large commercial parcel on a main corridor to the beaches.

  1040 W 15th Street, Panama City, FL 32401

  View Details
• 

  $724,000

  5,222 SF

  Income-Producing Multi-Family Panama City

  Six rental units generating over $82,000 in gross annual income.

  119 College Avenue, Panama City, FL 32401

  View Details
• 

  $615,000

  3,375 SF

  Automotive Service Shop with Bays

  Move-in ready shop with service bays, office space, and substantial frontage on a sizeable commercial lot.

  1900 N East Avenue, Panama City, FL 32405

  View Details
• 

  $1,175,000

  7,574 SF

  Remodeled Office Space with Land

  Centrally located office space with remodeled interiors and vacant land.

  1108 School Avenue, Panama City, FL 32401

  View Details
• 

  $395,000

  1,674 SF

  Turnkey Commercial Space, High-Visibility Location

  Move-in-ready commercial space in a high-traffic area near downtown.

  316 W 11th Street, Panama City, FL 32401

  View Details
• 

  $1,185,000

  2,720 SF

  Waterfront Multifamily Property with Boat Slips

  Updated waterfront multifamily property in Panama City with income potential.

  6722 S Lagoon Drive, Panama City, FL 32408

  View Details
• 

  $650,000

  3,100 SF

  Versatile Commercial Building Near Downtown

  Spacious commercial building near downtown with 10 bedrooms and 8 baths.

  722 N Martin Luther King Junior Boulevard, Panama City, FL 32401

  View Details
• 

  $1,490,000

  Prime Commercial Panama City Location

  Office, retail, or restaurant opportunity in Panama City Beach.

  2209 Thomas Dr, Panama City, FL 32408

  View Details

FAQs

What type of property is this?

Residential land & home lot - 1.97 acres in East Callaway, near Panama City.

Where is this residential land & home lot located?

The property is located at 602 Dogwood Way Panama City, FL.

What is the asking price?

The asking price for this property is $80,000.

What are key features of this property?

This property features: Large 1.97‑acre lot offers ample space for custom home, workshop, and outdoor living.; Located in East Callaway, a growing suburb of Panama City.; Proximity to Tyndall Air Force Base (under 15 minutes).