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$255,000

505 Phillips Ct

Panama City, FL
Active
3
Bedrooms
2
Bathrooms
1,394
Square Feet
0.16
Lot Size (acres)
2002
Year Built
60
Days On Market

Welcome to this charming home in the heart of East Bay County, offering the perfect combination of comfort, convenience, and flexibility. Ideally located just minutes from Tyndall Air Force Base, shopping, dining, schools, and everyday amenities, you'll love having everything you need close to home. Situated on a large privacy-fenced corner lot this property offers plenty of outdoor space for children, pets, gardening, or creating your own backyard retreat--all with no HOA restrictions. Step inside to a warm and inviting open living area featuring a cozy wood-burning fireplace, perfect for relaxing evenings with family and friends. One of this home's standout features is its versatile floor plan. The third bedroom is currently being used as a home office, but thanks to its side hallway entrance, large archway connecting to the kitchen, and closet, it can easily serve as a bedroom, formal dining room, office, playroom, or flex space. Simply close the doors to both entrances, and you have a private third bedroom--giving you the flexibility to adapt the home to your lifestyle without sacrificing space. Whether you're a first-time homebuyer, military family, or simply looking for a home with room to grow, this property offers endless possibilities. Don't miss your opportunity to own this well-located, move-in-ready home with a flexible layout, spacious fenced yard, and no HOA. Schedule your private showing today!

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Listing Information

Listing Updated
3 days ago
Listed By
Terry L Nutter, 8509196887 · Realty One Group Emerald Coast, 8502388338
MLS#
793613
Source
Central Panhandle Association of REALTORS
Status
Active

Facts & Features

Location

Community Information

Address
505 Phillips Ct, Panama City, FL 32404
City
Panama City
County
Bay
Neighborhood
Hickory Manor
Zip Code
32404

Architecture

Bedrooms
3
Bathrooms
2
Stories
1
Year Built
2002
Style
Ranch
Construction Materials
Stucco, Brick
Building Area
1,394 sq. ft.
Roof
Shingle
Garage
Yes
Garage Spaces
2

Features & Amenities

Appliances
Electric Range, Electric Water Heater, Electric Oven
Flooring
Vinyl
Patio and Porch
Patio
Cooling
Ceiling Fan(s), Central Air
Heating
Fireplace(s), Electric, Central

Property Features

Lot Size
0.16 Acres
Lot Features
Cul-De-Sac, Paved
Sewer
Public Sewer
Utilities
Electricity Available, Cable Connected

Square Footage

Total
1,394 sq. ft.

Tax & Financial Information

List Price
$255,000
Annual Taxes
$912

Schools

100/100
Callaway Elementary School
Elementary · Grades PK–05 · 1.8 mi
City
Panama City
Students
543
Student body
57% White · 25% Black · 9% Two or More Races
Free/reduced lunch
81%
Phone
(850) 767-1241
99/100
Parker Elementary School
Elementary · Grades PK–05 · 0.4 mi
City
Panama City
Students
621
Student body
55% White · 26% Black · 10% Two or More Races
Free/reduced lunch
84%
Phone
(850) 767-4570
72/100
Amikids Maritime Academy
High · Grades 09–12 · 4.1 mi
City
Panama City
Parent reviews
5.0★ avg · 1 review
Phone
(850) 919-2213
55/100
Tyndall Academy
Elementary · Grades PK–08 · 3.9 mi
City
Tyndall Afb
Students
388
Student body
57% White · 18% Hispanic / Latino · 12% Black
Free/reduced lunch
20%
Phone
(850) 767-1714
55/100
Bay High School
High · Grades 09–12 · 4.6 mi
City
Panama City
Students
1,296
Student body
53% White · 28% Black · 9% Hispanic / Latino
Free/reduced lunch
58%
Phone
(850) 767-4600
53/100
Rutherford High School
High · Grades 06–12 · 2.3 mi
City
Panama City
Students
1,188
Student body
53% White · 29% Black · 7% Two or More Races
Free/reduced lunch
63%
Phone
(850) 767-4500
53/100
Rosenwald High School
High · Grades 06–12 · 3.4 mi
City
Panama City
Students
249
Student body
51% White · 25% Black · 16% Hispanic / Latino
Free/reduced lunch
74%
Phone
(850) 767-4580
53/100
Bay Regional Juvenile Detention Center
7th & Above · Grades KG–12 · 4.2 mi
City
Panama City
Students
23
Student body
61% White · 22% Black · 9% Hispanic / Latino
Free/reduced lunch
61%
Phone
(850) 872-4706

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
08/05/2026Listed for sale$255,000

Listed by Terry L Nutter · Realty One Group Emerald Coast · 8502388338

Listing information 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 by the MLS. Copyright 2026, Central Panhandle Association of REALTORS. All rights reserved.

Last Updated: September 30, 2026 at 6:02 PM | Source: Central Panhandle Association of REALTORS | MLS#: 793613

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