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CBRE
For Sale
CALL FOR OFFERS DUE JANUARY 31
Tyndall Parkway Multifamily Development Site
1117 S Tyndall Pkwy
Panama City, FL
www.tyndallmultifamily.com
The Opportunity
CBRE is pleased to present an opportunity for the acquisition and development of a highly sought after
multifamily site strategically located along the Tyndall Parkway corridor near Tyndall Air Force Base, in
the dynamic Panama City market, in the City of Callaway, Florida. The proposed plan includes 160-units
in three 4-story buildings, with luxury amenities including swimming pool, playground, club house,
fitness room, picnic area, and dog spa and park.
±10.2
Total Site Acreage
160
Total Proposed Units
290
Total Proposed Parking Spaces
+ Strategically positioned with great visibility and frontage on US Hwy 98 (Tyndall Parkway), with an additional access point on Boat Race Rd. Located at the gateway to Tyndall Air Force Base, convenient to Downtown Panama City and other major employment centers in the market area.
+ Surrounded by nearby retail, restaurants, and hospitality, and convenient  to multiple recreational opportunities, including the area‘s famous white sand beaches, interior bays and rivers, and State Parks. Nearby excursions include Cape San Blas, Apalachicola, Panama City Beach, and Shell Island.
+ Housing in the immediate market is growing to support Tyndall Air Force Base, which is currently undergoing a nearly $5 billion investment supporting the expansion of the base‘s mission, which will include three F35 squadrons, and serves as the US Air Force‘s center of drone warfare technology and training.
+ A unique opportunity to acquire a fully entitled multifamily site in such a high-profile location!
OFFERS DUE BY JANUARY 31, 2023
For more information, please contact us:
Tom Watson
First Vice President
+1 850 527 3524
thomas.watson@cbre.com
Elizabeth Forsythe
Associate
+1 850 585 5290
elizabeth.forsythe@cbre.com
Sam Herrera
Associate
+1 714 227 3829
sam.herrera@cbre.com
CBRE
www.tyndallmultifamily.com
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