7123 Penn Way, Panama City, FL, 32404

Location

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7123 Penn Way, Panama City$275,000

Buyer Closing Credits

$3,266^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached, Driveway, Garage

Attached Garage2 spaces

Year Built2020

HeatingCentral, Coal

CoolingCentral Air, Ceiling Fan(s), Electric

MLS #766882

Lot Size0.14 Acres

StatusActive

About 7123 Penn Way

2 OPEN HOUSES: Saturday 11-1 and Sunday 12-2! This 4-bedroom, 2-bathroom home is located in the popular Barrett's Park neighborhood and offers plenty of space for comfortable living. The open floor plan makes it easy to entertain or enjoy time with family. The kitchen is modern and practical, with plenty of counter space and a large pantry for storageThe fenced-in backyard provides privacy and is perfect for kids, pets, or outdoor gatherings. You'll also appreciate the 2-car garage for parking and extra storageThis home is a great fit for anyone looking for a well-designed space in a fantastic neighborhood.

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Property Details

Property Features

Property Information:

• Architectural Style: Traditional
• Year Built: 2020
• Living Area: 1,789 SqFt

Listing Office:

• Office Name: Legacy Premier Agency

Interior Features

Interior Information:

• Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
• Interior: Breakfast Bar, Kitchen Island, Pantry

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 4

Exterior Features

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Attached, Driveway, Garage

Lot Features

Lot Information:

• Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

• Directions: From Panama City Mall, Head northeast on US-231 N toward Edward Ave, Turn right onto Bayou George Dr, Continue straight onto Nordic Dr 0.2 mi, Turn right onto Hatteras Blvd 0.2 mi,Turn left onto Penn Way The destination will be on the left

Price Information

Listing Price Info

Price Summary:

• List Price: $275,000
• Price Per SqFt: $154/SqFt

HOA Fees:

• Amount: $210
• Frequency: Quarterly

Tax Information:

• Annual Amount: $345
• Tax Year: 2020

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Housing Market Comparison

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

Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$202

Avg. Days On Market

79

# of Sold Homes

196

7123 Penn Way vs Panama City

2 DAYS ON ROCKET

-77 Days

$275,000

-$64.4K Less

$154/SqFt

-$49 Less

KEY TAKEAWAY

This property is $64.4K less than the Median Sold Price and $49/SqFt less 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: #766882

Listing Office:

• Office Name: Legacy Premier Agency

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© 2025 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: 1/11/2025, 1:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Apr 24, 2020	Apr 24, 2020Home Sold	$224,875
Oct 08, 2019	Oct 08, 2019Home Sold	$1,428,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$345	$28,700
2018	$38	$3,200

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32404›7123 Penn Way

This home is located at 7123 Penn Way in Panama City, FL and zip code 32404. This 1,789 square foot home, which was built in 2020, sits on a 0.14 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $275,000.

In December 2024 more than 11 listings in Panama City, FL were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 146 were sold below. The inventory of homes for sale in Panama City, FL between November 2024 and December 2024 decreased by 1.4%. The median list price of listings available in December 2024 was $339,456, while the average time on the real estate market was 79 days.

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