1233 Capri Drive, Panama City, FL 32405

$397,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,093 Status: Pending
Current Price: $397,000 List Date: 3/19/2026 Last Modified: 6/08/2026

Overview

Description

Waterfront living becomes remarkably attainable in this expansive bayfront townhome, where sweeping water views, an impressive private dock and a rare no-HOA setting create an opportunity seldom found at this price point. Soaring cathedral ceilings elevate the formal great room, where an electric fireplace adds warmth and architectural character beneath the dramatic second-story vault. Natural light pours through etched leaded glass accents and the rear wall of windows, drawing the eye toward the bay and the ever-changing colors of the evening sky. The kitchen features elegant Italian porcelain tile and comes fully equipped with all appliances, offering both beauty and everyday functionality. Just beyond the main living area, a glass-enclosed Florida room transitions to a screened sunroom and a generous 26-by-16-foot deck–an ideal sequence of spaces for entertaining, unwinding or simply enjoying the rhythm of the water. Outside, an impressive 85-foot private dock extends into the bay,

Listing Details MLS# 787015

Contract Info

List Price/SqFt
189.68

Location

Area
02 – Bay County – Central
Street #
1233
Street Name
Capri
Street Suffix
Drive
State
FL
Zip Code
32405
County
Bay
Sub Area
0201 – Bay – Central NE
Subdivision
Venetian Villa
Community/Resort
Venetian Villa
Waterfront
Yes
Gulf Access
Yes
Parcel ID
11727-347-108
Elementary School
Northside
Middle School
Mowat
High School
Mosley
Directions
Head south on Highway 77 Lynn Haven and Panama City. Turn right onto 26th Street (Highway 390), then stay on it as it curves and becomes Northshore Road. Follow Northshore Road along the bay, then turn right onto Capri Drive. Continue down Capri Drive and 1233 will be on your right.
Legal Description
VENETIAN VILLA M-90B BEG 1058.63' SLY OF NW COR LOT 24 TH E168.76' S 32.06' W166.31' N 33.06' TO POB BLK 10 (43.2) ORB 4673 P 2056

General Property Info

Sub-Type
Attached Single Unit
Design
Townhome
Apx SqFt(Htd/Cooled)
2093
SqFt Source
Prop App Site
Full Baths
2
Half Baths
Yes
Total Baths
3
Year Built
1985
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Lot Dimensions
32×168
Pool
No

Status Change Info

Under Contract Date
2026-06-07

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
4050
Last Tax Year
2025
Brokerage Interest
Familial Interest – Listing Broker/Licensee related to owner.

Remarks & Misc

Remarks
Waterfront living becomes remarkably attainable in this expansive bayfront townhome, where sweeping water views, an impressive private dock and a rare no-HOA setting create an opportunity seldom found at this price point. Soaring cathedral ceilings elevate the formal great room, where an electric fireplace adds warmth and architectural character beneath the dramatic second-story vault. Natural light pours through etched leaded glass accents and the rear wall of windows, drawing the eye toward the bay and the ever-changing colors of the evening sky. The kitchen features elegant Italian porcelain tile and comes fully equipped with all appliances, offering both beauty and everyday functionality. Just beyond the main living area, a glass-enclosed Florida room transitions to a screened sunroom and a generous 26-by-16-foot deck–an ideal sequence of spaces for entertaining, unwinding or simply enjoying the rhythm of the water. Outside, an impressive 85-foot private dock extends into the bay, creating the perfect setting for paddleboarding at sunrise, kayaking along the shoreline, casting a fishing line or relaxing as boats drift by and the sun slips below the horizon. The residence includes three bedrooms, two-and-a-half baths and a two-car garage, along with a charming screened front porch connected by a café-style walkway lined with lighting and flowers. Located within a walkable waterfront community, this property offers the rare combination of space, character and true bayfront living. Panama City continues to grow as one of the Emerald Coast's most appealing waterfront destinations, offering a balance of laid-back coastal living and everyday convenience. Residents enjoy easy access to marinas, waterfront dining, parks and the sugar-white beaches just across the bay, all while maintaining the relaxed pace that makes this area so special.

More Information

Appliances

Cooktop – Electric
Yes
Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Oven – Electric
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Exterior

Hurricane Shutters
Yes
Patio Enclosed
Yes

Waterfront Feature

Dock
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Unfurnished
Yes

Lot Features

Waterfront
Yes

Lot Access

City Street
Yes

Parking Features

Garage Attached
Yes

Rooms

Bedroom
Yes
Primary Bedroom
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Garbage
Yes
Internet – Broadband Available
Yes
Public Water – Connected
Yes
Underground Utilities
Yes

Waterview

Bay
Yes

Sale Type

As Is
Yes

Waterfront Type

Bay/Harbor
Yes

Bedroom

Second
Yes

Cooling

Central Air
Yes

Heating

Central
Yes
Fireplace – Electric
Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Dryer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Bedroom: Second Cooling: Central Air Heating: Central; Fireplace – Electric Exterior: Hurricane Shutters; Patio Enclosed Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Lot Features: Waterfront Lot Access: City Street Parking Features: Garage Attached Rooms: Bedroom; Primary Bedroom Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Garbage; Internet – Broadband Available; Public Water – Connected; Underground Utilities Waterfront Type: Bay/Harbor Waterfront Feature: Dock Waterview: Bay

Room Information

Room Name Level Dimensions Length Width
Master Bedroom Second 22 x 14 22.00 14.00
Bedroom Second 25.6 x 11.9 25.60 11.90
Bedroom Second 11.8 x 12.4 11.80 12.40
Listing Office: Scenic Sotheby's International Realty
Last Updated: June – 08 – 2026
Information deemed reliable but not guaranteed.