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4 Beds
5 Baths
1,850 sqft

$565,000

306 Penny Court, Panama City FL, 32401

Price per sqft$305.41
Built in2025
Property size1,850 sqft
Property typeResidential

Overview

Active

Listed Jun 5, 2026

Updated Aug 29

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.

$3,759/mo

Est. mortgage payment based on a $565,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
790859

Interior Features

Bedrooms
4
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,707
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
New Construction
Yes
Waterfront
Yes

 

Courtesy of eXp Realty, LLC, Team Don and Bubba,
Listing Contact: 850-624-8433 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Insight Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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