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306 Penny Court

Panama City, FL 32401
  • $565,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 1004979
UPDATED: 102 min ago
$565,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 1,850
    SQFT
  • $305
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2025
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:
Bay

Description

Enjoy breathtaking water views from every floor of this beautifully positioned waterfront townhome. Designed with flexibility in mind, this property offers multiple possibilities for full-time living, vacation use, or income production. The spacious layout can accommodate separate living areas, making it ideal for multi-generational living or maximizing rental potential. An additional top-floor bonus room provides the perfect space for a home office, bunk room, hobby area, or guest accommodations. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the versatility to fit your needs. Short-term rentals are permitted, creating an excellent opportunity for additional income. Located adjacent to the City's newly completed boat launch facility, this property is perfectly situated for boating enthusiasts. There is also the potential to obtain a private boat slip at the neighboring marina, with accommodations for boats up to 35 feet.

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© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2026-07-17T00:01:10.213.
Vendor Member #28178.
www.coastalsandsproperties.com/homes/177445081
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306 Penny Court Panama City, FL 32401

  • Price: $565,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 102 min ago
  • MLS #: 1004979
4
Beds
4
Baths
1
½ Baths
N/A
Acres
1,850
SQFT
$305
$/SQFT
2025
Built
Neighborhood:
No Recorded Subdivision
County:
Bay
Area:
Bay County
Elementary School:
Cherry Street
Middle School:
Jinks
High School:
Bay
Property Description
Enjoy breathtaking water views from every floor of this beautifully positioned waterfront townhome. Designed with flexibility in mind, this property offers multiple possibilities for full-time living, vacation use, or income production. The spacious layout can accommodate separate living areas, making it ideal for multi-generational living or maximizing rental potential. An additional top-floor bonus room provides the perfect space for a home office, bunk room, hobby area, or guest accommodations. Whether you're looking for a primary residence, second home, or investment property, this townhome offers the versatility to fit your needs. Short-term rentals are permitted, creating an excellent opportunity for additional income. Located adjacent to the City's newly completed boat launch facility, this property is perfectly situated for boating enthusiasts. There is also the potential to obtain a private boat slip at the neighboring marina, with accommodations for boats up to 35 feet.
Exterior Features

Architectural Style Townhome Carport YN No Construction Materials Siding CmntFbrHrdBrd Door Features [] Exterior BalconyDeck CoveredDeck OpenPatio Covered Exterior Features Balcony Foundation Details [] Garage YN No Parking [] Parking Total 0 Patio And Porch Features Deck CoveredDeck OpenPatio Covered Pool No Pool Features [] Pool Type None Roof Metal View Bayou Window Features []

Interior Features

Appliance Info DishwasherStove/Oven Gas Appliances DishwasherGas Water Heater Basement [] Bedroom Level SecondFirst Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring Vinyl Heating Central Heating YN Yes Interior Floor VinylKitchen Island Interior Features Kitchen Island Kitchen Level FirstSecond Living Room Level FirstSecond Master Bedroom Level FirstThird Rooms Master BathroomBedroomMaster BedroomKitchenLiving Room Rooms Total 11

Property Features

Assessment Amount 125 Assessment Paid Monthly Association Fee Includes Maintenance GroundsInsuranceTrash Association YN Yes Buyer Financing [] Community Features [] Energy AC - Central ElectHeat Cntrl ElectricWater Heater - Gas Fees Include AccountingGround KeepingInsuranceTrash Fencing [] Financing ConventionalFHAOwner Green Energy Efficient [] Immediate Occupancy No Is Subject Leased No Lot Features Within 1/2 Mile to Water Lot Parcel Access City Road New Construction YN No Other Equipment [] Other Structures [] Property Condition Construction Complete Property Sub Type Townhouse Road Frontage Type City Street Road Surface Type [] Security Features [] Special Listing Conditions [] Tax Annual Amount 1706.58 Tax Year 2025 Utilities [] Utility Info ElectricPublic SewerPublic Water Water Source Public Waterfront Features Bayou Waterfront Feet 38 Waterfront YN Yes Zoning Resid Multi-Family Zoning Info Resid Multi-Family

Listing courtesy of EXP Realty LLC: 888-883-8509.



© 2026 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX by the Sea. Vendor Member number: 28178. Data last updated: 2026-07-17T00:01:10.213.
Vendor Member #28178.
 
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