Address
306 Penny Court, Panama City, FL
Price
$ 565,000
Property Attributes
- MLS#1004979
- TypeAttach Single
- Listing Status Active
- CountyBay
- CityPanama City
- AreaBay County
- NeighborhoodNO RECORDED SUBDIVISION
- Zip32401
- StyleTownhome
- Year Built2025
- Taxes$ 1706
- Price$ 565,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage1850
Data Source:
Emerald Coast MLS (ECAR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Cherry Street Elementary School | Jinks Middle School | Bay High School |
| Price History | |
|---|---|
| 6/8/2026 | Listed $565,000 |
General Features
| Utilities | Electric,Public Water |
|---|---|
| Zoning | Resid Multi-Family |
| Property Subtype | Attached Single Unit |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | NO RECORDED SUBDIVISION |
| Status | Active |
| Buyer Financing | Conventional,FHA,Owner |
| Directions | East on 6th Street from Harrison Ave, cross over Watson Bayou Bridge into Millville. Turn Right onto Maple Ave and then Right into Watson Bayou Townhomes. Follow Penny Ct. to the end and home is on the left. |
| High School | Bay |
| City | Panama City |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Elementary School | Cherry Street |
| Middle/Junior High School | Jinks |
| MLS Area Minor | 2702 - Bay - Central SE |
| Standard Status | Active |
| Sewer | Public Sewer |
| View | Bayou |
| Waterfront Features | Bayou |
| Tax Assessed Value | 125 |
| Heating | Central |
| Cooling | Central Air |
| Patio/Porch Features | Deck Covered,Deck Open,Patio Covered |
| Architectural Style | Townhome |
| Construction Materials | Siding CmntFbrHrdBrd |
| Year Built | 2025 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Total Rooms | 11 |
| Carport Y/N | false |
| Property Condition | Construction Complete |
| Association Fee Includes | Accounting,Ground Keeping,Insurance,Trash |
| HOA | true |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Kitchen Island |
| Flooring | Floor Vinyl |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Lot Features | Within 1/2 Mile to Water |
|---|---|
| Road Frontage Type | City Street |
| Waterfront Y/N | true |
| Exterior Amenities | Balcony |
| Building Area Total | 1850 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Attach Single Average in 32401
Price
Taxes
Year Built
In The Neighborhood
Panama City
$ 490,000
5108 Blue Harbor Drive
Panama City, FL 32404
- Type
- Attach Single
- Size
- 2,358 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Santa Rosa Beach
$ 397,000
144 My Way # D
Santa Rosa Beach, FL 32459
- Type
- Attach Single
- Size
- 1,038 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Panama City Beach
$ 1,800,000
6006 Thomas Drive 2 Units
Panama City Beach, FL 32408
- Type
- Attach Single
- Size
- 4,480 SqFt
- Rooms
- 10 Beds + 6 Baths
Panama City Beach
$ 1,500,000
17820 Front Beach Road Unit B
Panama City Beach, FL 32413
- Type
- Attach Single
- Size
- 2,250 SqFt
- Rooms
- 5 Beds + 4 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
