1606 Fairy Avenue, Panama City, FL 32405

$229,999
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,255 Lot Size (sq. ft.): 9,148 Status: Under Contract – Taking Backups
Current Price: $229,999 List Date: 4/24/2026 Last Modified: 6/09/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A true St. Andrews gem–this stunning, light-filled Florida cottage has been thoughtfully renovated to blend timeless charm with modern comfort. Bright, open living spaces are filled with natural light, creating an inviting and effortless flow throughout the home. The main residence offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room ideal for a home office, guest space, or fourth bedroom. Beyond the main home, this property truly shines with multiple income-producing opportunities, including a detached mother-in-law/carriage house and an additional climate-controlled bonus building–perfect for a private guest suite, efficiency, creative studio, the possibilities are endless!!! Perfectly positioned in one of Panama City's most desirable and walkable neighborhoods, just minutes from dining, shops, and the bay. Whether used as a high-performing Airbnb, multi-generational retreat, or luxurious primary residence with

Listing Details MLS# 782690

Contract Info

List Price/SqFt
183.27

Location

Area
02 – Bay County – Central
Street #
1606
Street Name
Fairy
Street Suffix
Avenue
State
FL
Zip Code
32405
County
Bay
Sub Area
0203 – Bay – Central SW
Subdivision
Oakland Terrace Add
Community/Resort
None
Waterfront
No
Parcel ID
13915-000-000
Elementary School
Lucille Moore
Middle School
Jinks
High School
Bay
Directions
From the Hathaway bridge, take Hwy 98 E, turn left on Fairy Ave. Destination is on your left.
Legal Description
31 3S 14W S1/2 OF SW1/4 91C3 LOT 13 BLK 17 ORB 4281 P 943

General Property Info

Sub-Type
Detached Single Family
Design
Florida Cottage
Apx SqFt(Htd/Cooled)
1255
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Year Built
1948
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
65 x 140
Acreage
0.21
Lot Size (SqFt)
9148
Pool
No

Status Change Info

Under Contract Date
2026-05-13

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Brokerage Interest
No Interest

Remarks & Misc

Remarks
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS A true St. Andrews gem–this stunning, light-filled Florida cottage has been thoughtfully renovated to blend timeless charm with modern comfort. Bright, open living spaces are filled with natural light, creating an inviting and effortless flow throughout the home. The main residence offers 3 bedrooms, 2 bathrooms, plus a versatile bonus room ideal for a home office, guest space, or fourth bedroom. Beyond the main home, this property truly shines with multiple income-producing opportunities, including a detached mother-in-law/carriage house and an additional climate-controlled bonus building–perfect for a private guest suite, efficiency, creative studio, the possibilities are endless!!! Perfectly positioned in one of Panama City's most desirable and walkable neighborhoods, just minutes from dining, shops, and the bay. Whether used as a high-performing Airbnb, multi-generational retreat, or luxurious primary residence with flexible spaces, this property offers endless potential and exceptional lifestyle appeal. YOU DON'T WANT TO MISS THIS AMAZING OPPORTUNITY! Schedule your showing today!

More Information

Appliances

Dishwasher
Yes
Dryer
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Breakfast Bar
Yes
Floor – Hardwood
Yes
Floor – Laminate
Yes
Floor – Tile
Yes
Lighting – Recessed
Yes

Construction/Siding

Roof – Composite Shngl
Yes
Siding – Vinyl
Yes
Trim – Wood
Yes

Exterior

Double Pane Windows
Yes
Fenced Back Yard
Yes
Fire Pit
Yes
Porch Covered
Yes

Other Structures

Guest House
Yes
Outbuilding
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Unfurnished
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Parking Features

Driveway
Yes

Mstr Bath / Mstr Bdrm

MBath Shower/Tub Combo
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Master Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Master Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Property Features

Appliances: Dishwasher; Dryer; Range – Electric; Refrigerator; Washer; Water Heater – Electric Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Double Pane Windows; Fenced Back Yard; Fire Pit; Porch Covered Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Lot Access: City Street; Paved Road Parking Features: Driveway Other Structures: Guest House; Outbuilding Rooms: Bedroom; Master Bedroom Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Public Sewer – Connected; Public Water – Connected Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Bedroom First 10.2 x 9.1 10.20 9.10
Master Bedroom First 10 x 15.1 10.00 15.10
Bedroom First 10.2 x 12.1 10.20 12.10
Bedroom First 10 x 10.11 10.00 10.11
Listing Office: Legacy Premier Agency
Last Updated: June – 09 – 2026
Information deemed reliable but not guaranteed.