2806 Canal Drive, Panama City, FL 32405

New Listing
$1,599,000
Property Type: Residential Bedrooms: 3 Baths: 5 Square Footage: 4,350 Lot Size (sq. ft.): 25,352 Status: Active
Current Price: $1,599,000 List Date: 5/15/2026 Last Modified: 5/15/2026

Overview

Description

Nestled in the heart of Kings Point, one of Panama City's most storied and sought-after neighborhoods with NO HOA, this is an incredible WATERFRONT property where deep-water access, luxury amenities, and authentic community come together to make home. No HOA. This home is over 5,000 SF heated and cooled living space and has been designed for families who want everything within reach and ideal for those who want to truly live the lifestyle that waterfront living affords. Step out your door, onto your private dock and oversized pool. Deep-water access paired with a 10,000 lb. boat lift with walk boards in a 34'x14' slip means your vessel is ready the moment you are, and with just 6 nautical miles to the Gulf of America with no idle speed zones, a saltwater escape is never more than a short cruise away. This dock is designed and prepped to add a boat house cover so when the time comes, you're ready to make it happen. When staying home is on the agenda, the pool draws you in: designed w

Open Houses

  • Sunday, May 17, 1:00 pm – 3:00 pm

Listing Details MLS# 789910

Contract Info

List Price/SqFt
367.59

Location

Area
02 – Bay County – Central
Street #
2806
Street Name
Canal
Street Suffix
Drive
State
FL
Zip Code
32405
County
Bay
Sub Area
0204 – Bay – Central NW
Subdivision
Kings Point
Community/Resort
Kings Point
Waterfront
Yes
Gulf Access
Yes
Parcel ID
26872-000-000
Elementary School
Northside
Middle School
Jinks
High School
Bay
Directions
Heading east on 23rd Street, turn left on 390. Follow north then turn left onto Frankford Avenue. Turn left onto W 27th Street. Follow west then turn left onto Kings Road. Follow and turn left onto Canal Drive. Home is third on the left.
Legal Description
KINGS POINT CORRECTED(6.01)79A LOT 6 & W 1/2 LOT 5 BLK A ORB 1035 P 1461

General Property Info

Sub-Type
Detached Single Family
Design
Traditional
Apx SqFt(Htd/Cooled)
4350
SqFt Source
An Appraiser
Full Baths
4
Half Baths
Yes
Total Baths
5
Year Built
1991
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Driveway Spaces
6
Lot Dimensions
188×135
Acreage
0.58
Lot Size (SqFt)
25352
Pool
Yes
Pool Type
Private

Waterfront Feature

Waterfront Feet
135
Boatlift
Yes
Dock
Yes
Bulkhead/Seawall
Yes

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
12307
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
Nestled in the heart of Kings Point, one of Panama City's most storied and sought-after neighborhoods with NO HOA, this is an incredible WATERFRONT property where deep-water access, luxury amenities, and authentic community come together to make home. No HOA. This home is over 5,000 SF heated and cooled living space and has been designed for families who want everything within reach and ideal for those who want to truly live the lifestyle that waterfront living affords. Step out your door, onto your private dock and oversized pool. Deep-water access paired with a 10,000 lb. boat lift with walk boards in a 34'x14' slip means your vessel is ready the moment you are, and with just 6 nautical miles to the Gulf of America with no idle speed zones, a saltwater escape is never more than a short cruise away. This dock is designed and prepped to add a boat house cover so when the time comes, you're ready to make it happen. When staying home is on the agenda, the pool draws you in: designed with lap lanes for the swimmer who takes their mornings seriously and transforms effortlessly into the ultimate backyard centerpiece. It's equally suited for quiet Sunday floats and back yard gatherings with neighbors you're going to love! A charming brick exterior, a covered porch the length of the home and mature landscaping is what you're greeted with when you pull into your two-car garage. Inside, every space has been sized generously and designed with intention. Oversized bedrooms and walk-in closets offers a home feel like a true retreat. The primary suite is anchored on the main level by two closets that rival entire rooms. A gracious sitting room off the foyer sets the tone from the moment you arrive. The dedicated home office, complete with its own fireplace and built-in with custom millwork, is the kind of space that makes working remotely feel like a privilege. And upstairs there's a flex room that would be equally suited as a private fitness studio, playroom, or creative haven, adapting naturally as your life evolves. Above the garage, an additional fully outfitted 720 SF (not included in overall SF) theater room doubles beautifully as an independent mother-in-law suite. A full bath is also accessible from this area giving your guests the space they deserve or perfect for nights in a game room. Mahjong or poker anyone? The kitchen and living area are spacious and include exceptional views of the large pool, a pavered patio, mature landscaping and the waters leading into the Bay. The kitchen brings additional seating with an eat-in area and offers professional-grade appliances, a full-size wine cooler, double ovens-great for entertaining, cooktop with stainless range hood, ice maker, prep sink, and oversized walk-in pantry. The living area is anchored with a fireplace and flanked by two sets of French doors leading to the patio, pool and dock. The formal dining room is just off the kitchen and presented beautifully with a gorgeous chandelier and wallcovering. A convenient powder room for guests is located off the foyer in the center of the home. Upstairs, you'll find the flex room as well as two guest bedrooms with en-suite baths and multiple walk-in closets for each bedroom. This kind of space and room to spread out is rare in a home this size! Kings Point is the kind of community where people plant roots and stay. Walkable streets, mature canopy trees, and neighbors who wave…it's a pace of life that feels increasingly rare and genuinely worth savoring. The location is as practical as it is enviable: Publix and everyday conveniences are just minutes away. Coastal dining favorites in St. Andrews are just minutes away and the waterfront restaurants along St. Andrews Bay become part of your regular rhythm. Top-rated schools serve the area, and everything you love about coastal Florida living is right outside your door. Twenty minutes to the beach. Six nautical miles to the Gulf. A lifetime of living is found at 2806 Canal Dri

More Information

Bonus Room

Second
Yes

Hobby Room

Second
Yes

Office

First
Yes

Pool Features

Inground
Yes

Sitting Room

First
Yes

Appliances

Cooktop – Electric
Yes
Dishwasher
Yes
Disposal
Yes
Ice Maker
Yes
Microwave
Yes
Oven – Double
Yes
Range Hood
Yes
Refrigerator
Yes
Water Heater – Electric
Yes
Wine Refrigerator
Yes

Interior Features

Ceiling – Crwn Molding
Yes
Fireplace
Yes
Floor – Hardwood
Yes
Floor – Tile
Yes
Kitchen Island
Yes
Lighting – Recessed
Yes
Pantry
Yes
Plantation Shutters
Yes
Split Bedroom
Yes
Window – Treatment All
Yes

Construction/Siding

Brick
Yes
Roof – Dimensional Shg
Yes

Exterior

Columns
Yes
Deck Covered
Yes
Fenced Back Yard
Yes
Patio Open
Yes
Sprinkler System
Yes

Financing

Cash
Yes
Conventional
Yes
VA
Yes

Furnished

Unfurnished
Yes

Interior

Bonus Room
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Curb & Gutter
Yes
Near Public Boat Ramp
Yes
Waterfront
Yes
Within 1/2 Mile to Water
Yes

Lot Access

Paved Road
Yes

Parking Features

Driveway
Yes
Garage Attached
Yes
Oversized
Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity
Yes
MBath Garden Tub
Yes
MBath Separate Shwr
Yes
MBath Walk-In Closet
Yes
MBed First Floor
Yes
MBed Waterfront
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Bonus Room
Yes
Hobby Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes
Office
Yes
Sitting Room
Yes

Utilities

Electricity – Connected
Yes
Private Well
Yes
Septic Tank
Yes

Waterview

Bayou
Yes
Canal
Yes

Sale Type

As Is
Yes

Waterfront Type

Canal w/ Gulf Access
Yes

Master Bedroom

First
Yes

Bedroom

Second
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes
Fireplace(s)
Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Ice Maker; Microwave; Oven – Double; Range Hood; Refrigerator; Water Heater – Electric; Wine Refrigerator Master Bedroom: First Bedroom: Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric; Fireplace(s) Exterior: Columns; Deck Covered; Fenced Back Yard; Patio Open; Sprinkler System Financing: Cash; Conventional; VA Furnished: Unfurnished Interior: Bonus Room Kitchen: First Living Room: First Lot Features: Curb & Gutter; Near Public Boat Ramp; Waterfront; Within 1/2 Mile to Water Lot Access: Paved Road Bonus Room: Second Hobby Room: Second Office: First Pool Features: Inground Sitting Room: First Parking Features: Driveway; Garage Attached; Oversized Rooms: Bedroom; Bonus Room; Hobby Room; Kitchen; Living Room; Master Bedroom; Office; Sitting Room Sale Type: As Is Utilities: Electricity – Connected; Private Well; Septic Tank Waterfront Type: Canal w/ Gulf Access Waterfront Feature: Boatlift; Bulkhead/Seawall; Dock; Bulkhead/Seawall Waterview: Bayou; Canal Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Bedroom Second 1 x 1 1.00 1.00
Bedroom Second 1 x 1 1.00 1.00
Master Bedroom First 1 x 1 1.00 1.00
Kitchen First 1 x 1 1.00 1.00
Office First 1 x 1 1.00 1.00
Bonus Room Second 1 x 1 1.00 1.00
Hobby Room Second 1 x 1 1.00 1.00
Sitting Room First 1 x 1 1.00 1.00
Living Room First 1 x 1 1.00 1.00
Listing Office: Corcoran Reverie
Last Updated: May – 15 – 2026
Information deemed reliable but not guaranteed.