$300,000
270 N CHARLENE Drive, Panama City, FL 32404, Panama City, FL 32404
Callaway Pines Estates
- Price
- $300,000
- Beds / Baths
- 3 / 2
- Living area
- 1,900 sqft
- Year built
- 1976
- Type
- Residential
- Lot
- —
- Garage
- 2
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Bay
- Days on market
- 61
- Elementary
- Other
- Middle
- Other
- High school
- Other
Attention investors, flippers, and handy buyers! Incredible equity potential awaits at 270 N Charlene Drive. This 3-bedroom, 2-bathroom brick ranch offers 1,900 square feet of solid bones and a highly functional layout, just waiting for your personal style and creative updates. Nestled in a quiet Callaway pocket on a spacious 0.35-acre lot, this property is being sold completely as-is, making it the perfect blank canvas for your next rewarding project or custom primary residence. The location offers a perfect balance of community and coastal living. You are positioned just minutes from Tyndall Air Force Base, making it an ideal future rental property or military home. Daily convenience is covered with local shopping, dining, and schools right around the corner. Best of all, you are only a short 30-minute drive from the world-famous white sands and entertainment of Panama City Beach. Opportunities with this much upside do not last long--schedule your showing today and bring your vision
What to check on this one
- Verify flood zone designation via FEMA map; request elevation certificate if in AE/VE.
- Get roof inspection report—1976 home likely needs replacement soon; check insurer acceptance.
- Obtain 4-point inspection (roof, HVAC, plumbing, electrical) and wind-mitigation report.
- Confirm cast-iron drain lines and polybutylene supply lines; budget for replumb if present.
- Review septic system age and last pumping/inspection records; verify well water if applicable.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $240,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of FLORIDA HOMES REALTY & MTG LLC. Data via realMLS (Northeast Florida MLS), updated Jul 17, 2026, 12:37 PM.
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