
Callaway Development Site
918 North Tyndall Parkway, Panama City, FL, 32404, US
13,68 ha
JLL Capital Markets is pleased to exclusively present the opportunity to acquire Tomoka (the “Property”), a ±62.7-acre shovel-ready site located in Daytona Beach, Florida – ranked among the Fastest-Growing Places in the U.S. in 2025-2026 by U.S. News & World Report and no. 9 among U.S Growth Cities (U-Haul Reports, 2025). The Property is approved for 173, 24’ wide & 98, 30’ wide 2-car garage townhome lots, offering investors the opportunity to build an upscale community, providing residents with premium product relative to other 1-car garage townhomes in the market. The Seller is offering the entire master-planned community but will entertain proposals for individual phases.
The Daytona Beach area is experiencing significant economic growth fueled by its expanding logistics, healthcare, and higher education sectors. Within a 5-mile radius of the Property, the population has grown 16% between 2020-2025—well above the national rate of 2.6%. This growth is anchored by major institutions and employers, including AdventHealth (7,150 employees), Halifax Health (4,800 employees), Embry-Riddle Aeronautical University (1,950 employees), Daytona International Speedway (1,000 employees), and major distribution hubs for companies like Amazon (+1,000 employees).
The Property is located 1-minute from I-95 (95,550 VPD) and 3-minutes from I-4 (71,500 VPD), providing future residents seamless access to Florida’s east coast as well as east Orlando (45-minutes). Moreover, the Property is surrounded by major retailers including Publix, Target, Starbucks, Walmart, and Buc-cee’s all accessible in under a 5-minute drive.
Irreplaceable Location with Immediate Access to Major Employment Hubs
National & Regional Homebuilders Abound
Explosive Population & Income Growth
Central Location with Connectivity to Unmatched Retail & Entertainment