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Harrison Lilly

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

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1117 S Tyndall Pkwy , Panama City, FL 32404
$1,750,000
Est. Payment: $8,874.75/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 468
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

outstanding parcel in a rapidly growing corridor. The parcel offered is 4 acres, however seller can also add 3 acres of adjoining additional uplands to the east. Bay County Parcel ID: 07202-010-000 and 07208-000-000; located in City of Callaway; The site is located directly on South Tyndall Parkway 400 feet frontage, reserving a 50' access easement in the NW corner. The Avg Daily Traffic Count 20,400 vehicles per day (2025); This site is 3.3 Miles to Tyndall Air Force Base visitor center. The influx of defense-related projects and economic development initiatives has propelled the entire community into a period of unparalleled growth. With one-third of the region's economy anchored in the defense industry, the demand for both housing and support businesses has surged, presenting investors with a solid opportunity for returns. Air Force Base of the Future: Tyndall Air Force Base's transformation into the 'Base of the Future' signifies a monumental leap forward in defense infrastructure. With the Air Force's commitment to bed down three F-35 fighter squadrons and the addition of 400- 600 +/- military jobs per squadron and additional support personnel for support functions, traffic count and the need for increased services should continue to grow. The Bay Economic Development Alliance continues to win commitments by new and expanding industry. Recently, the $175MM capital investment in 'Project Spinner' IAG Aero Group brings 500 new aviation-related jobs to Spark Economic Growth, 160,00 SF of facilities, and a 350-acre acquisition north of the airport. Premier Aviation, a new MRO (Maintenance Repair Operation) will refurbish CRJ aircraft and Mocama Marine LLC establishes a boat manufacturing operation; Port Panama City welcomed a new 251,000 square-foot FedEx Ground facility at the Industrial Distribution Center on Highway 231, Borusan Berg Pipe announced a $68MM expansion, Voltari Electric, Canada based co. announced 285 jobs & $38M investment... and continued interest by significant employers.

Highlights

Listed by Brian Hinton , 850-527-6393 and Tom S Neubauer , 850-522-7450 ERA Neubauer Real Estate, Inc , 850-872-3434. Bay County Association of REALTORS

Property Type

Vacant Land

Lot/Acreage
3.9

County

Bay

Area

02 - Bay County - Central

Neighborhood

No Named Subdivision

Listing ID

769417

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Community/Coop

Exterior Features

Zoning:Multi-Family, City, Commercial
Sewer:Community/Coop Sewer
Principal Interest
$8,875
Taxes
$1,116

Home Price

$1,750,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$350,000
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:
$8,874.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,874.75 $1,115.63 $0.00 $9,990.37
Yearly $106,496.98 $13,387.50 $0.00 $119,884.48
Total $3,194,909.27 $401,625.00 $0.00 $3,596,534.27

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS