Active

306 Penny Court

Panama City, FL 32401

$565,000 $2,382/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

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 laun ch 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.

Property Details

Property Type : Residential

Price : $565,000

AD Id : 80273300

MLS Id : 790859

Beds : 4

Year Built : 2025

County : Bay

Subdivision: Lakes Of Acadia Unit 3 Th

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 5 Full Baths: 4 Half Baths: 1

Room Information

Rooms Total: 8

Roofing Information

Metal
Interior Features

MainLevelPrimary

Roof: Metal

Appliances: GasOven, GasRange, GasWaterHeater
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir, CeilingFans Water front: 1

Building Information

Year Built: 2025

Building Area Total: 1850

Construction Materials: HardiplankType

Patio And Porch Features: Balcony, Deck

Private Pool: No

Water front Features: Bayou,Seawall

View: Bayou
Exterior Features

Exterior Features: CoveredPatio, Deck

Listing Price Information

Listing Price: $565000

Tax Information

Parcel Number: 22385-018-000 Tax Year: 2025 Annual Tax: $1707 Tax Legal Desc: OAKRIDGE 1ST ADD. (REPLAT) N1/2 OF LOT 5 BLK 4 LESS THE EAST 85' ORB 4640 P 791

Homeowners Association Information

Has Association: Yes

Community Features: ShortTermRentalAllowed

School Information

Elementary School: Cherry Street Junior High School: Jinks Senior High School: Bay
Utility Information

ElectricityAvailable, SewerAvailable
Location Information

Direction: 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.

Sell a home like this and save $33,401 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
6701 Yacht Club Drive, Panama City, FL, 32401	$1,995,000	4	5	--
112 Bayou Avenue, Panama City, FL, 32401	$35,000	--	--	--
Bayou Avenue, Panama City, FL, 32401	$19,999	--	--	--
150 Bayou Avenue, Panama City, FL, 32401	$299,900	3	2	--
403 Transmitter Road, Panama City, FL, 32401	$199,000	3	2	--
301 Detroit Avenue, Panama City, FL, 32401	$262,500	3	2	--
305 Detroit Avenue, Panama City, FL, 32401	$299,900	3	2	--
3808 E 9th Street, Panama City, FL, 32401	$189,900	3	2	--
136 Harlem Avenue, Panama City, FL, 32401	$225,000	3	2	--
726 Detroit Avenue, Panama City, FL, 32401	$599,000	9	6	--

Similar Homes To 306 Penny Court

Nearby For Sale

Active

$399,900

Home For Sale

104 Oleander Circle,
Panama City, FL, 32413

Bed

Bath

1,582

Sqft

$310,000

Home For Sale

4773 Firefly Lane,
Panama City, FL, 32404

Bed

Bath

Sqft

8336 Landshark Boulevard,
Panama City, FL, 32413

Bed

Bath

Sqft

Sqft(Lot)

8570 Island Breeze Avenue,
Panama City, FL, 32413

Bed

Bath

Sqft

3522 High Cliff Road,
Panama City, FL, 32409

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/18/2026 @ 12:46

MLS: 790859 LISTED BY: Team Don and Bubba, EXP Realty LLC 888-883-8509 SOURCE: CPAR