306 Penny Court, Panama City

$565,000

4 Beds
5 Baths
1,850 Sqft
0 Acre
0 Garage

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.

Essential Information
MLS® #1004979
Price$565,000
Bedrooms4
Bathrooms5.00
Full Baths4
Half Baths1
Square Footage1,850
Year Built2025
TypeResidential
Sub-TypeTownhouse
StyleTownhome
StatusActive
Community Information
Address306 Penny Court
Area27 - Bay County
SubdivisionNO RECORDED SUBDIVISION
CityPanama City
CountyBay
StateFL
Zip Code32401
Amenities
ViewBayou
Is WaterfrontYes
WaterfrontBayou
Utilities

Electric, Public Sewer, Public Water

Interior
Interior FeaturesKitchen Island
AppliancesDishwasher, Gas Water Heater
HeatingCentral
CoolingCentral Air
# of Stories3
Exterior
Exterior FeaturesBalcony
Lot DescriptionWithin 1/2 Mile to Water
RoofMetal
ConstructionSiding CmntFbrHrdBrd
School Information
ElementaryCherry Street
MiddleJinks
HighBay
Additional Information
ZoningResid Multi-Family
Listing Details
OfficeEXP Realty LLC
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Listing information last updated on October 14th, 2026 at 7:22pm CDT.