Allanton Rd, Callaway, FL 32404

This serene piece of pristine coastline covers 167 acres in Panama City, Florida, with its approx. 7200 ft (1.3 miles) of shoreline on the Intercoastal Waterway. Located a leisurely boat ride away from the Gulf of Mexico, in the East Bay area, this tract of land is ideal for a waterfront community. This amazing parcel of land is one of the best and most stunning pieces of land with deep water accessibility left in Panama City, Florida with huge potential for development. There are engineering and feasibility studies completed in the past and this property could have 173 up to 232 lots per these studies. There is a complete packet of information on file, along with survey, wetland delineations, and lots of photos. Property currently zoned two units per acre. Property currently zoned two units per acre. This would also be the perfect location for 5-10 acre estate size waterfront lots, or an exclusive resort for one homeowner that wants to have the best waterfront, beaches, have horses to ride along the beach, etc. So much potential or what a great property to build an exclusive corporate retreat!