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About This Home

This 4-bedroom, 5-bathroom townhouse at 306 Penny Court in Panama City, FL is listed for $565,000 ($305 per sqft). Built in 2025, the home offers 1,850 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 2025
  • 3 stories
  • Waterfront

Property Details

3 stories
4 full, 1 half
2025

Amenities

WaterfrontA/C

Monthly Cost Estimate

$3,147/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165
HOA$125

Estimates only. Actual payments may vary.

Location

306 Penny Court

Panama City, FL 32401

Features & Amenities

Interior Features

Kitchen Island

Exterior Features

Balcony

Property Details

Flooring

Vinyl

Construction

Siding CmntFbrHrdBrd

Pool Features

PatioDeck

Heating

Central

Cooling

Central Air

Appliances

DishwasherStove/Oven GasWater Heater - Gas

Questions & Answers

This 4-bedroom, 5-bathroom townhouse at 306 Penny Court is listed at $565,000 ($305/sqft). The estimated monthly payment is $2,573 based on 20% down at 6.5% interest.

HOA fees are $125/month.

Key features include: Built in 2025, 3 stories, Waterfront. Interior Features: Kitchen Island. Exterior Features: Balcony.

This property is listed by Bubba McCants and can be reached at 8506248433 or bubbamccants@gmail.com.

BM

Bubba McCants

Agent at EXP Realty LLC

(850) 624-8433

Listed by EXP Realty LLC · View on Broker Site

MLS# 1004979· Source: listhub· Updated 1 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

306 Penny Court, Panama City, FL 32401

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