Back 605 Elm Way
Off Market

605 Elm Way

Panama City FL 32404

76230 sq. ft.
Land
Last sold for $35,000
Kara McKenzieKara McKenzie, last sold this property on 11 September 2025 after 103 days on market.

Overview

Hidden gem in Panama City! This secluded 1.75-acre lot in East Callaway Heights offers the perfect setting for quiet outdoor living, just 15 minutes from Tyndall Parkway. Build your dream single-family home or place a manufactured/mobile home on this versatile property, ideally located close enough to grocery stores, restaurants, and everyday conveniences—yet tucked away in a peaceful, private neighborhood. The lot has a small pond on it near the front of the property.

Features

76230 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Panama City over the last 12 months, the estimated median property value of 605 Elm Way is $55k.

Median value
$55k
Estimated value range
$16k - $2.93m
Median days on market
60
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 605 Elm Way

2025
Sold
$35,000
11 Sep 2025 by Kara McKenzie, of Gillman Group Realty
2023
Sold
$18,200
30 Oct 2023 by Steven Koleno, of beycome of Florida LLC

Happy sellers in Panama City

93%
93% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Panama City over the last 12 months.

Local market activity for land plots in Panama City

In the last 12 months, 123 land plots similar to 605 Elm Way, have been sold.

This represents a 12% increase in land plots sales when compared to the previous 12 months.

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