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    00 Highway 2297 Panama City, FL 32404

    For Sale
    $4,000,000

    80 acres of waterfront land with Gulf access.

    Property Features for 00 Highway 2297

    General Information

    Standard status
    Active

    Source: NAI TALCOR Agent ANDERSON J BROOKS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waterfront Land Near Tyndall AFB

    This property features approximately 80 acres with over 2,200 feet of waterfront on East Bay, providing direct access to the Gulf of Mexico. The current zoning, CSVH, allows for 2 residential units per acre. Water, electricity, and sewer utilities are available to the site. The property is located directly across the bay from Tyndall Air Force Base. The City of Callaway has experienced significant growth due to the $5.2 billion rebuild of Tyndall Air Force Base. An additional, adjacent approximately 19 waterfront acres are available upon request.
    Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Convenience Store Computer & Electronic Repair Pet Store Pet Supply Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.5005923
    Latitude
    30.1461876

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    FAQs

    What type of property is this?
    Waterfront Property - 80 acres of waterfront land with Gulf access.
    Where is this waterfront property located?
    The property is located at 00 Highway 2297 Panama City, FL.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Direct waterfront access to East Bay and the Gulf of Mexico (2,200ft of waterfront).; - High-density zoning (CSVH) allows for **2 residential units per acre**.; - Significant growth potential due to the $5.2 billion Tyndall Air Force Base rebuild.
    Request Owner's contact information
    00 Highway 2297 Panama City, FL 32404
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    Panama City, FL 32404
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    00 Highway 2297 Panama City, FL 32404
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