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$80,000
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Property Description
Build Your Vision in East Callaway, FL - 1.97 Acres with a pond. Discover the perfect opportunity to create your dream home or investment property on this spacious 1.97-acre vacant lot nestled in the growing community of East Callaway, a suburb of Panama City. This expansive property offers the ideal blend of privacy, convenience, and potential, giving you the space to build exactly what you envision--whether it's a custom home, retreat, or future development. Prime Location Highlights: Just a short drive (under 15 minutes) to Tyndall Air Force Base Only minutes from the white-sand beaches of the Gulf Coast Convenient access to shopping, dining, and everyday essentials Surrounded by beautiful parks, nature trails, and recreational activities Property Features: Nearly 2 acres (1.97 acres) of usable land with a pond Plenty of space for a home, workshop, outdoor living, and more Peaceful setting with room to grow Located in an area experiencing continued growth and development Whether you're looking to build now or invest for the future, this property offers endless possibilities. Don't miss your chance to own a piece of Florida land within minutes near the coast!
Full Property Details
Full Property Details for 602 Dogwood Way
General
- Price: $80,000
- Taxes: $330 (2025)
- Status: Active
- Type: Vacant Land
- Source: Bay_County
- MLS ID: 788697
- Updated: 4/21/2026
- Added to Site: 18 day(s) ago
Location
- County: Bay
- Subdivision: Callaway
- Driving Directions: From Tyndall AFB drive north on Tyndall Parkway turn right onto Highway 22, turn left on E Callaway Drive, turn left on Dogwood Way and the vacant lot is on the right side..
School Information
- Elementary School: Callaway
- Middle School: Everitt
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
Utilities
- Utility Description: Sewer Available
Lot Features
- Property View: Pond
- Lot Size (Acres): 1.97
- Lot Size (Sq. Ft.): 85,813
- Lot Size: 1.97
- Lot Dimensions: 159 x 483 x 165 x 489
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $330
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 36 3S 13W -1.136- 161D COM SE COR W 30' N 1991.33' W 885.35' N 30' WLY 2396.60' FOR POB TH CONT W 166.55' N 500.1' E 178.85' S 500.08 TO POB AKA AKA LOT 12 BLK 4 EAST CALLAWAY EST UNREC ORB 1383 P533
- Property ID: 05991-314-000
Listed by Think Real Estate
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Schools
Schools serving 602 Dogwood Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Callaway Elementary School 7115 E Highway 22, Panama City, FL 32404 | K-5 | 4.5 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 6.9 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 602 Dogwood Way
Date
Details
Price
Change
Source
4/21/2026
Listed
$80,000
—
MLS
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 602 Dogwood Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$300
—
$22,288
-25%
2024
$300
22%
$29,550
39%
2023
$246
26%
$21,279
27%
2021
$196
2%
$16,748
—
2022
$193
-2%
$16,748
13%
2021
$196
16%
$14,778
5%
2019
$169
-1%
$14,076
—
2018
$171
2%
$14,076
5%
2017
$167
-3%
$13,464
—
2016
$172
-3%
$13,464
—
2015
$177
5%
$13,464
5%
2014
$169
13%
$12,808
—
2013
$149
—
$12,808
—
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 602 Dogwood Way
602 Dogwood Way, Panama City, FL 32404 (MLS# 788697) is a Vacant Land property with a lot size of 1.97 acres. 602 Dogwood Way is currently listed for $80,000 and was received on April 21, 2026. Want to learn more about 602 Dogwood Way? Do you have questions about finding other Vacant Land 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.

