Callaway, FL Multifamily Homes & Duplexes for Sale

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.