Schedule Tour
$565,000

306 Penny Ct

Panama City, FL
Active
4
Bedrooms
4.5
Bathrooms
1,850
Square Feet
2025
Year Built
118
Days On Market

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.

Listing Information

Listing Updated
08/04/2026
Listed By
Bubba McCants · EXP Realty LLC
MLS#
1004979
Source
Emerald Coast Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
306 Penny Ct, Panama City, FL 32401
City
Panama City
County
Bay
Neighborhood
NO RECORDED SUBDIVISION
Zip Code
32401

Architecture

Bedrooms
4
Bathrooms
4.5
Stories
3
Year Built
2025
Style
Townhome
Building Area
1,850 sq. ft.
Roof
Metal
Garage Spaces
0

Features & Amenities

Interior Features
Kitchen Island
Appliances
Dishwasher, Gas Oven, Gas Water Heater
Flooring
Vinyl
Exterior Features
Balcony
Patio and Porch
Covered, Patio, Deck
Cooling
Central Air, Electric
Heating
Electric, Central

Property Features

Lot Features
Waterfront
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available
Zoning
Resid Multi-Family

Square Footage

Total
1,850 sq. ft.

Tax & Financial Information

List Price
$565,000
Annual Taxes
$1,706
Association Fee
$125 (paid Monthly)
Fee Includes
Trash, Maintenance Grounds, Insurance

Schools

81/100
Amikids Maritime Academy
High · Grades 09–12 · 1.4 mi
City
Panama City
Students
26
Student–teacher
5.2
Parent reviews
5.0★ avg · 2 reviews
Student body
62% White · 19% Hispanic / Latino · 19% Two or More Races
Free/reduced lunch
23%
Phone
(850) 919-2213
75/100
Palm Bay Preparatory Academy 6-12
High · Grades 06–12 · 2.5 mi
City
Panama City
Students
355
Parent reviews
5.0★ avg · 2 reviews
Student body
69% White · 11% Hispanic / Latino · 10% Black
Free/reduced lunch
59%
Phone
(850) 215-0770
72/100
Springfield Elementary School
Grades M–M · 1.3 mi
City
Panama City
Students
409
Student–teacher
12.3
Student body
44% Black · 32% White · 15% Hispanic / Latino
Free/reduced lunch
75%
Phone
(850) 767-4575
70/100
Oscar Patterson Academy
Elementary · Grades PK–04 · 0.9 mi
City
Panama City
Students
394
Student–teacher
15.1
Student body
46% Black · 24% White · 22% Hispanic / Latino
Free/reduced lunch
71%
Phone
(850) 767-1610
64/100
Oscar Patterson Elementary Magnet
Grades M–M · 0.9 mi
City
Panama City
Students
367
Parent reviews
1.0★ avg · 2 reviews
Student body
50% Black · 37% White · 7% Hispanic / Latino
Free/reduced lunch
92%
Phone
(850) 767-4675
62/100
C C Washington Academy
Grades M–M · 0.9 mi
City
Panama City
Students
103
Student body
45% White · 43% Black · 8% Hispanic / Latino
Free/reduced lunch
97%
Phone
(850) 767-5576
55/100
Jinks Middle School
Middle · Grades 06–08 · 2.1 mi
City
Panama City
Students
564
Student body
37% White · 35% Black · 15% Hispanic / Latino
Free/reduced lunch
82%
Phone
(850) 767-4695
54/100
Margaret K. Lewis In Millville
7th & Above · Grades PK–12 · 0.7 mi
City
Panama City
Students
167
Student body
66% White · 16% Black · 9% Hispanic / Latino
Free/reduced lunch
50%
Phone
(850) 767-1792

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/08/2026Listed for sale$565,000

Listed by Bubba McCants · EXP Realty LLC


IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Alene Civil is here to help. Reach out and expect a response within one business day.

How can I help?

Alene Civil is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Keisha is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Keisha
Durand
Keisha
LO NMLS: #972729

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.