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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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00 Hwy 2297 & Hwy 22 , Panama City, FL 32404
$2,100,000
Est. Payment: $11,602.20/mo
76.7 Acres
Status: Pending | Days on site: 679
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BENB - B2288,B2288
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Harrison Lilly Team
Owner/Operator

House Description

This is an outstanding parcel of land, ideally positioned in the path of growth and is suitable for both residential and commercial development. The site includes approximately 1270 feet of frontage on Hwy 22 and 2590 Feet of frontage on Hwy 2297 (subject to survey). The City of Callaway has installed utilities infrastructure along Hwy 22 and Hwy 2297. Included in the price is a single family home, plus a Bed & Breakfast retreat house, barn and other outbuildings, but are not considered as contributory to the highest and best use and property value. The subject 75.5 acre parcel is at the gateway to Hwy 2297, which has been a steady growth corridor including the community of East Bay, just a few miles South on the shores of Cooks Bayou, Laird Bayou and East Bay, Sandy Creek Air Park with a 3300 Ft paved airsptrip, Sandy Creek Ranch, Pelican Point, Laird Point, Laird Bayou Estates and others. The Hwy 2297 corridor leads to the very active Eastern Shipbuilding Group east Bay manufacuturing facility.

Highlights

Listed by Tom S Neubauer , 850-522-7450 ERA Neubauer Real Estate Inc , 850-785-1551. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
76.7

County

Bay

Area

05 - Bay County - East

Neighborhood

No Named Subdivision

Listing ID

761228

Questions about this listing?

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Interior Features

Exterior Features

Zoning:Other - See Remarks, County
Principal Interest
$11,602
Taxes
$1,339

Home Price

$2,100,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$420,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$11,602.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $11,602.20 $1,338.75 $0.00 $12,940.95
Yearly $139,226.37 $16,065.00 $0.00 $155,291.37
Total $4,176,791.11 $481,950.00 $0.00 $4,658,741.11

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS