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$264,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1,383 Sq. Ft.
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Well-maintained single-family home located in the desirable Callaway area, just minutes from Tyndall Air Force Base and conveniently situated off Highway 22. This 3-bedroom, 2-bathroom residence offers 1,383 square feet of functional living space and is ideal for a primary residence, military relocation, or investment opportunity.The home features a practical floor plan with comfortable living and dining areas, a 2-car garage, and a vacant interior ready for immediate occupancy. The property sits on a 55 x 115 lot, offering a manageable yard with room for outdoor enjoyment, pets, or future enhancements. The location provides easy access to shopping, dining, schools, and major roadways, while remaining close to everyday conveniences and employment hubs. With its proximity to Tyndall AFB and strong rental demand in the area, this property presents excellent potential for both homeowners and investors.

Full Property Details for 7532 Shadow Bay Dr

General

  • Price: $264,000
  • Status: Active
  • Type: Single Family
  • Source: Emerald_Coast
  • MLS ID: 993594
  • Updated: 1/23/2026
  • Added to Site: 72 day(s) ago

Interior

  • Rooms/Areas: Bedroom, Dining Area, Garage, Kitchen, Living Room, Master Bathroom
  • Interior Features: Fireplace, Floor Laminate, Furnished - None, Window Treatmnt None
  • Appliances: Auto Garage Door Opn, Cooktop, Dishwasher, Disposal, Microwave

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Living Room: Living Room
  • Kitchen: Kitchen

Exterior

  • Exterior Features: Fenced Back Yard, Patio Open

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking: Garage Attached

Location

  • Area: 27 - Bay County
  • County: Bay
  • Subdivision: Shadow Bay Unit 2
  • Driving Directions: Tyndall Parkway to East on Hwy 22, then left into Shadow Bay, then left to Shadow Bay Dr. House is on left

School Information

  • Elementary School: Callaway
  • Middle School: Rutherford ( Middle )
  • High School: Rutherford

Heating & Cooling

  • Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect

Utilities

  • Utility Description: Electric, Public Sewer, Public Water

Structural Information

  • Architectural Style: Traditional
  • Construction: Foundation Off Grade, Stucco
  • Stories/Levels: 1
  • Square Feet: 1,383
  • Sq. Ft. Source: County PA Records
  • Year Built: 1987

Lot Features

  • Lot Dimensions: 55 x 115
  • Street/Road Desc.: City Road, Paved Road
  • Zoning: Resid Single Family

Financial Considerations

  • Terms: Conventional, FHA, VA

Disclosures and Reports

  • Legal Description: SHADOW BAY UNIT 2 REPLAT 131D1 LOT 10 BLK A ORB 1466 P 509 ORB 2370 P 565
  • APN: 06616-320-000

Listed by Keller Williams Realty SRB

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Listing agent

— 7532 Shadow Bay Dr —

  • Keller Williams Realty SRB

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7532 Shadow Bay Dr

School District:Bay County School District
NameGradesDistance
Callaway Elementary School
7115 E Highway 22, Panama City, FL 32404
K-50.4 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-83.2 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 7532 Shadow Bay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/23/2026
Listed
$264,000
60%
MLS
5/24/2018
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
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 for 7532 Shadow Bay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,562
—
$187,058
—
2024
$2,555
4%
$186,222
2%
2023
$2,466
26%
$183,393
21%
2021
$1,959
-4%
$151,219
-4%
2022
$2,039
4%
$157,863
12%
2021
$1,959
22%
$140,489
17%
2019
$1,606
44%
$120,117
38%
2018
$1,115
95%
$87,226
7%
2017
$573
2%
$81,229
2%
2016
$564
-3%
$79,558
1%
2015
$580
2%
$79,005
1%
2014
$570
10%
$78,378
2%
2013
$518
—
$77,127
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Keller Williams Realty SRB

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7532 Shadow Bay Drive, Panama City, FL 32404 (MLS# 993594) is a Single Family property with 3 bedrooms and 2 full bathrooms. 7532 Shadow Bay Drive is currently listed for $264,000 and was received on January 23, 2026. Want to learn more about 7532 Shadow Bay Drive? Do you have questions about finding other Single Family 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.

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