306 Penny Court, Panama City, FL 32401
New Listing
$565,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
1,850
Status:
Active
Current Price:
$565,000
List Date:
6/05/2026
Last Modified:
6/05/2026
Listing Details MLS# 790859
Contract Info
- List Price/SqFt
- 305.41
Location
- Area
- 02 – Bay County – Central
- Street #
- 306
- Street Name
- Penny
- Street Suffix
- Court
- State
- FL
- Zip Code
- 32401
- County
- Bay
- Sub Area
- 0202 – Bay – Central SE
- Subdivision
- No Named Subdivision
- Community/Resort
- None
- Waterfront
- Yes
- Gulf Access
- Yes
- Parcel ID
- 22385-018-000
- Elementary School
- Cherry Street
- Middle School
- Jinks
- High School
- Bay
- Directions
- East on 6th Street from Harrison Ave, cross over Watson Bayou Bridge into Millville. Turn Right onto Maple Ave and then Right into Watson Bayou Townhomes. Follow Penny Ct. to the end and home is on the left.
- Legal Description
- OAKRIDGE 1ST ADD. (REPLAT) N1/2 OF LOT 5 BLK 4 LESS THE EAST 85' ORB 4640 P 791
General Property Info
- Sub-Type
- Attached Single Unit
- Design
- Townhome
- Apx SqFt(Htd/Cooled)
- 1850
- SqFt Source
- Prop App Site
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Year Built
- 2025
- Construction Status
- Construction Complete
- New Construction
- Yes
- Garage Y/N
- No
- Pool
- No
- Lot Dimensions
- No
Listing Info, Tax and Legal
- HOA Fee
- Yes
- HOA Amount
- 125
- HOA Frequency
- Monthly
- HOA Annual Amount
- 1500
- New Buyer Fee
- No
- Last Taxes
- 1707
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- 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.
Appliances
- Dishwasher
- Yes
- Oven – Gas
- Yes
- Range – Gas
- Yes
- Refrigerator
- Yes
- Water Heater – Gas
- Yes
More Information
Interior Features
- Floor – Vinyl Plank
- Yes
- Kitchen Island
- Yes
Construction/Siding
- Roof – Metal
- Yes
- Siding – Hardie Board
- Yes
Exterior
- Balcony
- Yes
- Deck Covered
- Yes
- Deck Open
- Yes
Waterfront Feature
- Bulkhead/Seawall
- Yes
Association Fees Include
- Accounting
- Yes
- Dumpster
- Yes
- Ground Keeping
- Yes
- Insurance
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- Seller Financing
- Yes
Furnished
- Unfurnished
- Yes
Interior
- Bonus Room
- Yes
Kitchen
- First
- Yes
- Second
- Yes
Living Room
- First
- Yes
- Second
- Yes
Lot Features
- Near Public Boat Ramp
- Yes
- UnRec Subdiv
- Yes
- Waterfront
- Yes
- Within 1/2 Mile to Water
- Yes
Lot Access
- City Street
- Yes
Present Zoning
- Resid Multi-Family
- Yes
Rooms
- Bedroom
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Master Bedroom
- Yes
Utilities
- Electricity – Availabile
- Yes
- Garbage
- Yes
- Propane
- Yes
- Sewer Available
- Yes
- Public Water – Available
- Yes
- Public Water – Connected
- Yes
Waterview
- Bayou
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Bayou w/ Gulf Access
- Yes
Master Bedroom
- First
- Yes
- Third
- Yes
Bedroom
- First
- Yes
- Second
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
Heating
- Central
- Yes
- Electric
- Yes
Property Features
Appliances:
Dishwasher; Oven – Gas; Range – Gas; Refrigerator; Water Heater – Gas
Master Bedroom:
First; Third
Bedroom:
First; Second
Cooling:
Ceiling Fan(s); Central Air; Electric
Heating:
Central; Electric
Exterior:
Balcony; Deck Covered; Deck Open
Association Fees Include:
Accounting; Dumpster; Insurance; Ground Keeping
Financing:
Cash; Conventional; FHA; Seller Financing
Furnished:
Unfurnished
Interior:
Bonus Room
Kitchen:
First; Second
Living Room:
First; Second
Lot Features:
Near Public Boat Ramp; UnRec Subdiv; Waterfront; Within 1/2 Mile to Water
Lot Access:
City Street
Rooms:
Bedroom; Kitchen; Living Room; Master Bedroom
Sale Type:
As Is
Utilities:
Electricity – Availabile; Garbage; Propane; Sewer Available; Public Water – Available; Public Water – Connected
Waterfront Type:
Bayou w/ Gulf Access
Waterfront Feature:
Bulkhead/Seawall; Bulkhead/Seawall
Waterview:
Bayou
Present Zoning:
Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Master Bedroom | First | 11 x 12 | 11.00 | 12.00 |
| Bedroom | First | 10 x 11 | 10.00 | 11.00 |
| Bedroom | Second | 9 x 11 | 9.00 | 11.00 |
| Master Bedroom | Third | 11 x 14 | 11.00 | 14.00 |
| Kitchen | First | 5 x 9 | 5.00 | 9.00 |
| Living Room | First | 12 x 14 | 12.00 | 14.00 |
| Kitchen | Second | 10 x 9 | 10.00 | 9.00 |
| Living Room | Second | 14 x 16 | 14.00 | 16.00 |
Listing Office:
EXP Realty LLC
Last Updated: June – 05 – 2026
Information deemed reliable but not guaranteed.