Cheap homes for sale & real estate in Callaway, FL

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NEW 27 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Callaway, FL:
Opportunity awaits with this spacious 3-bedroom, 2-bath brick home situated on approximately 0.70 acre in Panama City! Offering 2,105 square feet of living space, this property provides an excellent opportunity for experienced investors, contractors, or renovation-minded buyers looking for their next project. The main residence features a generous floor plan and solid potential for transformation but requires extensive repairs and updating throughout, including flooring, cabinetry, fixtures, HVAC systems, and termite-related damage. Possible structural concerns will require further evaluation. The property also includes a separate NON LIVABLE two-bedroom dwelling that sustained significant

$199,900

3 beds2 baths2,032 sq ft

5628 Martin Ct, Panama City, FL 32404

0.7 acre lot • 2 parking spots • Built 1976

FOR SALE BY OWNER

ABOUT THIS HOME
Cheap Home for sale in Callaway, FL:
Prime Turnkey Investment or Move-In Ready Home! ($65K+ Gross Income in 2026) Welcome to a unique opportunity offered directly by the owner! Whether you& apos; re an investor seeking immediate ROI or a homebuyer looking for a fully furnished, hassle-free move, this property offers unmatched value and versatility. For Investors: This property is a proven performer in the short-term rental market, priced to reflect its high revenue potential: 2026 Full-Year Revenue: $65,046.50 (documentation available upon request). Guaranteed Income Included: Leased through late December 2026 to corporate contractors at $5,800/month, providing guaranteed incoming cash flow from the start. (Strong possib

$375,000

4 beds3 baths1,608 sq ft

304 Gabrielle Ln, Panama City, FL 32404

100% turnkey • Move-in ready home • Built 2019

ABOUT THIS HOME
Cheap Home for sale in Callaway, FL:
Multiple Offers Exists ALLHighest & Best offers due Before 10/30/2026 01:00 PM CST * * This 3-bedroom, 2-bath half duplex offers an excellent opportunity for investors looking to expand their rental portfolio or take on their next project. The property needs repairs and updating, making it ideal for buyers ready to bring their vision to life. Conveniently located in Callaway, Florida, near Tyndall Air Force Base, shopping, dining, and other local amenities. With the right improvements, this property has great potential as an income-producing rental or resale investment. * * Don't miss this opportunity to make it your own! * *

$100,000

3 beds2 baths1,230 sq ft

6507 Winona St, Panama City, FL 32404

3,485 sq ft lot • Built 1978 • Listed 5 days

NEW 28 HRS AGO3D WALKTHROUGH

$246,000

3 beds2 baths1,532 sq ft

7300 Charlotte Cir, Panama City, FL 32404

6,534 sq ft lot • 2 garage spots • Built 2005

ABOUT THIS HOME
Cheap Home for sale in Callaway, FL:
11504 Poston Rd is a one-story Panama City home with a rear-entry garage and a layout that separates the primary suite from the front bedrooms. The kitchen has stainless steel appliances, generous cabinetry, and a peninsula opening toward the living area. A vaulted ceiling gives the main living room an open feel, with dining space beside the kitchen. The primary bedroom includes a walk-in closet and a bathroom with double sinks, a tub, and a separate shower. Bay windows distinguish a front bedroom. A covered front porch faces the lawn, while the attached garage connects through the laundry area for a practical everyday arrangement.

$275,000

3 beds2 baths2,043 sq ft

11504 Poston Rd, Panama City, FL 32404

Double sinks • Generous cabinetry • Vaulted ceiling

Property at 1207 Babby Ln, Panama City, FL 32404, 3 beds, 2 baths

$229,000

3 beds2 baths1,226 sq ft

1207 Babby Ln, Panama City, FL 32404

Property at 1301 Georgia Ave, Panama City, FL 32404, 3 beds, 2 baths

$350,000

3 beds2 baths1,685 sq ft

1301 Georgia Ave, Panama City, FL 32404

Property at 6016 Pridgen St, Panama City, FL 32404, 3 beds, 2 baths

$240,000

3 beds2 baths1,206 sq ft

6016 Pridgen St, Panama City, FL 32404

Property at 11705 Poston Rd, Panama City, FL 32404, 4 beds, 2 baths

$374,000

4 beds2 baths2,201 sq ft

11705 Poston Rd, Panama City, FL 32404

Property at 230 Lawton Branch Way, Panama City, FL 32404, 3 beds, 2 baths

$289,900

3 beds2 baths1,580 sq ft

230 Lawton Branch Way, Panama City, FL 32404

Property at 234 Lawton Branch Way, Panama City, FL 32404, 3 beds, 2 baths

$269,900

3 beds2 baths1,293 sq ft

234 Lawton Branch Way, Panama City, FL 32404

Property at 226 Lawton Branch Way, Panama City, FL 32404, 4 beds, 2 baths

$309,900

4 beds2 baths1,799 sq ft

226 Lawton Branch Way, Panama City, FL 32404

Property at 202 Reddy Creek Dr, Panama City, FL 32404, 3 beds, 2 baths

$264,900

3 beds2 baths1,427 sq ft

202 Reddy Creek Dr, Panama City, FL 32404

Property at 148 Byrd Dr, Panama City, FL 32404, 3 beds, 2 baths

$284,500

3 beds2 baths1,572 sq ft

148 Byrd Dr, Panama City, FL 32404

Property at 6123 Cherry St, Panama City, FL 32404, 2 beds, 2 baths

$175,000

2 beds2 baths1,240 sq ft

6123 Cherry St, Panama City, FL 32404

Property at 336 Raven Ln, Panama City, FL 32404, 3 beds, 2.5 baths

$248,900

3 beds2.5 baths1,496 sq ft

336 Raven Ln, Panama City, FL 32404

Property at 1513 S Berthe Ave, Panama City, FL 32404, 3 beds, 2 baths

$310,000

3 beds2 baths1,524 sq ft

1513 S Berthe Ave, Panama City, FL 32404

Property at 311 Brooke Ct, Panama City, FL 32404, 3 beds, 2 baths

$240,000

3 beds2 baths1,120 sq ft

311 Brooke Ct, Panama City, FL 32404

Property at 5721 Howard Rd, Panama City, FL 32404, 3 beds, 2 baths

$265,000

3 beds2 baths1,438 sq ft

5721 Howard Rd, Panama City, FL 32404

Property at 731 Buddy Dr, Panama City, FL 32404, 3 beds, 2 baths

$225,000

3 beds2 baths1,475 sq ft

731 Buddy Dr, Panama City, FL 32404

Property at 6005 Wallace Rd, Panama City, FL 32404, 3 beds, 2 baths

$275,000

3 beds2 baths1,176 sq ft

6005 Wallace Rd, Panama City, FL 32404

Property at 917 Plantation Dr, Panama City, FL 32404, 4 beds, 2 baths

$320,000

4 beds2 baths2,154 sq ft

917 Plantation Dr, Panama City, FL 32404

Property at 105 Osprey Lake Rd, Panama City, FL 32404, 4 beds, 2 baths

$298,900

4 beds2 baths1,787 sq ft

105 Osprey Lake Rd, Panama City, FL 32404

Property at 5644 Martin Ct, Panama City, FL 32404, 2 beds, 1.5 baths

$199,585

2 beds1.5 baths825 sq ft

5644 Martin Ct, Panama City, FL 32404

Property at 266 Boggy Creek Way, Panama City, FL 32404, 5 beds, 3 baths

$335,000

5 beds3 baths2,091 sq ft

266 Boggy Creek Way, Panama City, FL 32404

Property at 314 S Berthe Ave, Panama City, FL 32404, 3 beds, 2 baths

$339,000

3 beds2 baths1,250 sq ft

314 S Berthe Ave, Panama City, FL 32404

Property at 7536 Kelsey Dr, Panama City, FL 32404, 3 beds, 2 baths

$285,000

3 beds2 baths1,465 sq ft

7536 Kelsey Dr, Panama City, FL 32404

Property at 175 Byrd Dr, Panama City, FL 32404, 4 beds, 2 baths

$379,995

4 beds2 baths2,043 sq ft

175 Byrd Dr, Panama City, FL 32404

Property at 340 Bridge Harbor Dr, Panama City, FL 32404, 4 beds, 2 baths

$319,900

4 beds2 baths2,031 sq ft

340 Bridge Harbor Dr, Panama City, FL 32404

Property at 5208 Joshua Ln, Panama City, FL 32404, 3 beds, 2 baths

$243,900

3 beds2 baths1,401 sq ft

5208 Joshua Ln, Panama City, FL 32404

Property at 175 N Comet Ave, Panama City, FL 32404, 2 beds, 2 baths

$168,500

2 beds2 baths928 sq ft

175 N Comet Ave, Panama City, FL 32404

Property at 406 Raven Ln, Panama City, FL 32404, 3 beds, 2.5 baths

$260,000

3 beds2.5 baths1,496 sq ft

406 Raven Ln, Panama City, FL 32404

Property at 6124 Michelle Cir, Panama City, FL 32404, 2 beds, 2 baths

$29,900

2 beds2 baths924 sq ft

6124 Michelle Cir, Panama City, FL 32404

Property at 5132 Elyse Way, Panama City, FL 32404, 4 beds, 2 baths

$269,888

4 beds2 baths1,684 sq ft

5132 Elyse Way, Panama City, FL 32404

Property at 6914 Ross Dr, Panama City, FL 32404, 3 beds, 2.5 baths

$334,000

3 beds2.5 baths1,868 sq ft

6914 Ross Dr, Panama City, FL 32404

Property at 259 Boggy Creek Way, Panama City, FL 32404, 4 beds, 2 baths

$312,000

4 beds2 baths1,799 sq ft

259 Boggy Creek Way, Panama City, FL 32404

Property at 7440 Oak Ridge Dr, Panama City, FL 32404, 4 beds, 2 baths

$425,000

4 beds2 baths2,210 sq ft

7440 Oak Ridge Dr, Panama City, FL 32404

Property at 132 Ryder Ln, Panama City, FL 32404, 4 beds, 2 baths

$295,000

4 beds2 baths1,867 sq ft

132 Ryder Ln, Panama City, FL 32404

Property at 1227 S Katherine Ave, Panama City, FL 32404, 3 beds, 2 baths

$118,000

3 beds2 baths1,620 sq ft

1227 S Katherine Ave, Panama City, FL 32404

Property at 6325 Chipewa St, Panama City, FL 32404, 3 beds, 2 baths

$184,000

3 beds2 baths1,230 sq ft

6325 Chipewa St, Panama City, FL 32404

Property at 6625 Fox Lake Dr, Panama City, FL 32404, 3 beds, 2 baths

$412,000

3 beds2 baths1,665 sq ft

6625 Fox Lake Dr, Panama City, FL 32404

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Based on information submitted to the MLS GRID as of Thu Oct 29 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Cheap Homes for Sale in Callaway

There are currently 211 cheap homes for sale in Callaway at a median listing price of $285K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Callaway stay on the market for 111 days and receive 1 offers. Popular neighborhoods include East Bay Park, Lannie Rowe Lake Estates, and St. Andrews Bay. This map is refreshed with the newest listings in Callaway every 15 minutes.

In the past month, 25 homes have been sold in Callaway. In addition to houses in Callaway, there were also 0 condos, 29 townhouses, and 6 multi-family units for sale in Callaway last month. Find your dream home in Callaway using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Callaway are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Callaway. Our Callaway real estate stats and trends will give you more information about home buying and selling trends in Callaway. If you're looking to sell your home in the Callaway area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Callaway with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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