*Construction Complete* 1% lender credit with preferred lender

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Home For Sale

285 Hugh Thomas Drive

Panama City, Florida 32404

Bay County

Waterfront: Yes

Community: GRIMES CALLAWAY BAYOU ESTATES

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$669,000 4 br, 5.0 bath 2438 sq. ft. 0.440 acres

*Construction Complete* 1% lender credit with preferred lender to buy down rate or prepaids and closing costs! Discover your dream home located on Callaway Bayou just miles from the charm of Historic St. Andrews and downtown Panama City known for its quaint shops, dining & entertainment. This beautifully crafted NEW construction waterfront property, offering the perfect blend of modern living and tranquil waterfront beauty on nearly a half acre lot. NO HOA, NO flood insurance required! Prime location near Tyndall AFB. 2x6 construction, spray foam insulation, 5 ton HVAC, hurricane impact windows, fortified roof.

Interior:
  • Bedrooms: 4
  • Baths: 5.0
  • Sq Ft: 2438
  • Year Built: 2024
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.440 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: Frame, Siding CmntFbrHrdBrd
  • Roof: 
  • Property Taxes: $5,533
  • MLS #: 992581
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Contact Information:
Beach Home For Sale in Panama City, Florida
Listing Agent: Abbott Martin Group, Exp Realty, 850-460-2900, 850-460-2900 Listing Site, Listing Status: Active
Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7109768
Viewed 24 times.
Updated: Mar 23, 2026

This property is a Home located at 285 Hugh Thomas Drive, Panama City, Florida 32404, and is currently For Sale at $669,000. This Home has 4 bedrooms, 5.0 baths, 2438 sq ft.