$325,000
- 3 Beds
- 2 Baths
- 1,845 Sq Ft
5345 Cherry St, Panama City, FL 32404

Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
(850) 655-2360
$325,000
5345 Cherry St, Panama City, FL 32404
Scott Seidler - TheConnectionTeam
Keller Williams Success Realty
(850) 655-2360
$169,000
6336 Omoko St, Panama City, FL 32404
Steven Koleno Beycome of Florida LLC
$399,000 Open Thu 10AM - 3PM
7118 Singleton Cir Unit A, Panama City, FL 32404
Carly Sostheim Corcoran Reverie
$289,900
312 Sukoshi Dr, Panama City, FL 32404
Billy Richard Realty Mark Associates
$240,000
5900 Callaway Cir, Callaway, FL 32404
Jessie Pate Counts Real Estate Group Inc
$369,000
7120 Singleton Cir Unit A, Panama City, FL 32404
Stoney Thompson Thompson Trust Realty Inc
$125,000
1730 Mallard Dr Unit F, Panama City, FL 32404
Samantha Spraggins Beachy Beach Real Estate
Callaway, Florida, a small community of over 13,000 residents near Panama City, has experienced significant growth since Hurricane Michael, with new houses and restaurants emerging. The city is about 5 miles from Tyndall Air Force Base, making it a popular choice for military families. The housing market includes single-family homes, townhomes, and condos, with many properties featuring waterfront views and private docks on Callaway Bayou and the East Bay. The median home price is around $293,000, which is below the national median. Educational options include Bay District Schools, which are highly rated, and the Rising Leaders Academy, a top-ranked public charter school located about 9 miles away. Callaway offers several parks, with 29% of residents living within a 10-minute walk of one. John B. Gore Park provides public boat ramp access, while the Callaway Recreational Complex hosts local sports leagues. The community is close to Panama City Beach (16 miles) and Mexico Beach (20 miles). Commercial development is concentrated along Tyndall Parkway and State Route 22, featuring grocery stores and locally-owned restaurants. Transportation options include U.S. Route 98 and State Route 22, with Bay County Transportation Services' BayWay bus route three serving the area. HCA Florida Gulf Coast Hospital is 8 miles away, and Northwest Florida Beaches International Airport is about 30 miles northwest. Due to its coastal location, Callaway is at high risk for hurricanes, and many properties are in Special Flood Hazard Areas, necessitating flood insurance.
On average, homes in Callaway, FL sell after 73 days on the market compared to the national average of 52 days. The median sale price for homes in Callaway, FL over the last 12 months is $311,516, down 2% from the median home sale price over the previous 12 months.
In Callaway, there are currently 7 townhouses for sale, providing a range of options for prospective buyers. With townhouses priced between $125,000 to $399,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Callaway is $327,900, while the average sale price is $329,832, offering insights into the local housing market. On average, townhouses spend 73 days listed before being sold. Whether you're interested in modern townhouses, small townhomes, or traditional rowhouses, there are options to cater to different lifestyles. Explore the listings and townhomes for sale in Callaway, FL, and find the perfect place to call home.