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306 Penny Court, Panama City, FL 32401 Active 1 / 49
$565,000

306 Penny Court, Panama City, FL 32401

Panama City, FL 32401
  • 4 Beds
  • 5 Baths
  • 1,850 Sq Ft
  • 2025 Built
  • MLS 1004979

About this home

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.

Property details

Property typeTownhouse
StatusActive
Area27 - Bay County
SubdivisionNO RECORDED SUBDIVISION
CityPanama City
CountyBay
Zip32401
StyleTownhome
Taxes$1,707
Tax year2025
HOAYes
WaterfrontYes
ViewBayou

Interior

Total rooms11
Full baths4
Half baths1
AppliancesDishwasher, Gas Water Heater
CoolingCentral Air
HeatingCentral
FlooringVinyl
Interior featuresKitchen Island

Exterior & lot

RoofMetal
Road frontageCity Street
Exterior featuresBalcony

Schools

ElementaryCherry Street
MiddleJinks
HighBay

Community

DirectionsEast 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.

Data source: Emerald Coast Association of REALTORS®

Location

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