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$4,000,000 Just Listed
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Property Description
+/- 80 acres with over 2,200ft of waterfront on East Bay, with direct access to the Gulf of Mexico. Currently zoned CSVH, allowing for 2 residential units / acre. Water, electricity, and sewer are available to site. Directly across the bay from Tyndall Air Force Base. The City of Callaway has seen significant growth from a $5.2 billion rebuild of Tyndall Air Force Base-the largest MILCON project in recorded Air Force history. Additional, adjacent +/- 19 waterfront acres available upon request.
Full Property Details
Full Property Details for 00 Hwy 2297
General
- Price: $4,000,000
- Status: Active
- Type: Commercial Investment
- Source: Bay_County
- MLS ID: 773120
- Updated: 7/14/2026
- Added to Site: 1 day(s) ago
Location
- County: Bay
- Subdivision: [No Recorded Subdiv]
- Driving Directions: +/- 1 mile from Eastern Shipbuilding and 25 minutes from the gate of Tyndall Air Force Base
School Information
- Elementary School: Callaway
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
Lot Features
- Lot Size (Acres): 80
- Lot Size (Sq. Ft.): 3,484,800
- Lot Size: 80
Water Features
- Water Front: Yes
- Water Front Desc.: Bayfront, Gulf Access
- Water Front View: Bayfront, Gulf Access
Disclosures and Reports
- Legal Description: 18 5S 12W 40A -7- 188B SE1/4 OF NW1/4 LESS RW ORB 821 P 113 ORB 3010 P 210
- Property ID: 04007-000-000
Listed by Nai Talcor
Get Pre-Approved Today
Schools
Schools serving 00 Hwy 2297
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 8 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 10.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 00 Hwy 2297
Date
Details
Price
Change
Source
5/07/2025
Listed
$4,000,000
33.33%
MLS
4/16/2014
Sold
$3,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 00 Hwy 2297
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,481
—
$765,400
—
2024
$10,501
-1%
$765,400
—
2023
$10,633
8%
$765,400
—
2022
$9,886
-3%
$765,400
—
2021
$10,151
-1%
$765,400
—
2019
$10,231
5%
$765,400
—
2018
$9,783
-4%
$765,400
—
2017
$10,151
-3%
$765,400
—
2016
$10,418
-3%
$765,400
—
2015
$10,750
7%
$765,400
—
2014
$10,071
13%
$765,400
—
2013
$8,905
—
$767,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 00 Hwy 2297
00 Highway 2297, Panama City, FL 32404 (MLS# 773120) is a Commercial Investment property. 00 Highway 2297 is currently listed for $4,000,000 and was received on July 14, 2026. Want to learn more about 00 Highway 2297? Do you have questions about finding other Commercial Investment real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

