2806 Canal Drive, Panama City, FL 32405 (MLS# 789910)

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 … (Read more) 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. Waterfront achieved!

Open Houses

Tomorrow, 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. Waterfront achieved!

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.