6 months on rocket

306 Penny Ct, Panama City, FL, 32401

$665,000

Home List Price

$7,897*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,500 SqFt
$443/SqFt
Townhouse

Location

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306 Penny Ct, Panama City$665,000

Buyer Closing Credits

$7,897*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built2024
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBayou, Seawall, Waterfront
ViewBayou
MLS #759082
StatusActive

About 306 Penny Ct

Beautiful new Townhome being constructed with an approximate completion by December of this year. The builder-seller gives a very generous allowances for Appliances, fixtures and flooring. Choices of colors for at least the next few months on the colors of paint. The slab has been poured and construction is now going on. The builder has been a licensed Florida Commercial and Residential contractor for 30 + years in the area. Excellent waterfront views from every floor. The perfect spot for for a primary residence or investment property. Capable of 2 separate units, one to live in and generate income from the other or rent them both. Short term rentals allowed and right next door to the new boat ramp facility just completed by the City. The unit comes with its PRIVATE BOAT SLIP that will handle a boat up to 35'. This makes for great rental property, the fact that your renter can put the boat in the water next door and have a slip to store the boat while renting and all within steps of the unit. This makes for a HUGE rental asset. All of the new restaurants and entertaining areas in Downtown PC are just 5 minutes away. This is the only WATERFRONT unit left in the project by the developer. A $5,000.00 Reservation agreement will secure the unit while financing and builder's contract agreement secures the unit. A full set of plans are available for you to view as construction is being completed.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Interior: Kitchen Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bayou, Seawall, Waterfront
  • View: Bayou
  • Exterior: Balcony, Deck

Lot Features

Lot Information:

  • Lot: Subdivision, Waterfront

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Traveling East on 6th St from Harrison Ave. cross over Watson Bayou bridge into Millville turn right on Maple and right into the development and stay to the right to the end of the road and unit will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $665,000
  • Price Per SqFt: $443/SqFt

HOA Fees:

  • Amount: $125
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $511
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

306 Penny Ct vs Panama City

180 DAYS ON ROCKET

+101 Days

$665,000

+$325.7K More

$443/SqFt

+$242 More

KEY TAKEAWAY

This property is $325.7K more than the Median Sold Price and $242/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #759082

Listing Office:

  • Office Name: Counts Real Estate Group Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$511$20,000
2018$302$20,000

History based on county public records data.

Payment Calculator

$3,511

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,060

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-826038
1
/10

  • Merriam Cherry Street Elementary School

  • 1125 Cherry St

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-826039
1
/10

  • Cedar Grove Elementary School

  • 2826 E 15th St

  • 1.66 miles

  • Public District Grades PK-5

school-card-donut-826040
6
/10

  • Palm Bay Elementary School

  • 1104 Balboa Ave

  • 2.49 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,379. The most common annual income of people living in Panama City, FL is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 306 Penny Ct

What is the listing price of this property?

The listing price of 306 Penny Ct property is $665,000.

What type of property is this?

The property 306 Penny Ct is a townhouse located in Panama City, Florida, 32401.

Is this property for sale now?

Active Listing: 306 Penny Ct is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $511 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 306 Penny Ct has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 306 Penny Ct is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 306 Penny Ct is 2024.

Rocket Homes›Florida›Bay County›Panama City›32401›306 Penny Ct

This home is located at 306 Penny Ct in Panama City, FL and zip code 32401 in the Oak Ridge neighborhood. This 1,500 square foot home was built in 2024. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $665,000.

While more than 13 listings in Panama City, FL in November 2024 were sold above asking price, there were more than 33 listings sold at asking price, and more than 120 were sold below. Between October 2024 and November 2024, Panama City, FL real estate market has seen decrease in the number of listings by 3.9%. The median list price of listings available in November 2024 was $339,223, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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