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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
  • Waterfront

Property Details

4 full, 1 half
2025

Amenities

WaterfrontA/C

Monthly Cost Estimate

$3,022/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

306 Penny Court

Panama City, FL 32401

No Named Subdivision

Features & Amenities

Exterior Features

CoveredPatioDeck

Property Details

Construction

HardiplankType

Pool Features

DeckPatio

Heating

Electric (Heating)Central

Cooling

Ceiling Fan(s)Central Air

Appliances

GasOvenGasRangeGasWaterHeater

Questions & Answers

This 4-bedroom, 5-bathroom townhouse at 306 Penny Court is listed at $565,000 ($305/sqft). The estimated monthly payment is $2,448 based on 20% down at 6.5% interest.

Key features include: Built in 2025, Waterfront. Exterior Features: CoveredPatio, Deck.

This property is listed by Team Don and Bubba and can be reached at 8506248433 or Bubba@donandbubba.com.

TB

Team Don and Bubba

Agent at EXP Realty LLC

(850) 624-8433

Listed by EXP Realty LLC · View on Broker Site

MLS# 790859· Source: listhub· Updated 1 days ago

Copyright © 2026 Central Panhandle 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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