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$665,000

306 Penny Ct Panama City, FL 32401

5 beds
4 full, 1 partial
1,845 sqft
$360 / sqft
Townhouse

Property details

About 306 Penny Ct

Beautiful newly completed Waterfront Townhome. The builder has supplied the unit with all Stainless Appliances and attractive lighting and fixtures throughout the unit. The stairs are beautiful Hardwood connecting all levels. All ceilings and exterior walls are all foam filled for excellent insulation and 2'' x 6'' studs throughout all exterior walls. The unit is very well built for our local strong weather conditions. 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 a primary residence and or investment property. Capable of 2 to 3 separate living areas for extra long term or short term rental income. Live in and generate income from the other or rent them both. The 5th bedroom is connected to the upstairs master and could be used as a office or infants bedroom. Short term rentals allowed and right next door to the new boat ramp facility just completed by the City. The unit has the possibility of a PRIVATE BOAT SLIP with the sale 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. Also a new City owned boat ramp and parking facility for truck and boat trailers directly next door to the project. On the other side of the development is a new kids playground equipment park and just now completing a Amphitheatre for the Millville area. This is the only WATERFRONT unit left in the project by the developer. Just within a few minutes from downtown Panama City. Multiple new restaurants specialty shops and revitalization of the entire downtown area. This unit is priced very well for all that you get. Don't miss out on this great opportunity.

Highlights

Home typeTownhouse
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric, Separate Meters
Size1,845 sqft
Year built2025
MLS #773811
WaterfrontBayou, Seawall, Waterfront
ViewBayou

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Appliances: Dishwasher, Electric Oven, Electric Range, Gas Oven, Ice Maker, Microwave, Refrigerator, Tankless Water Heater
  • Interior: Kitchen Island, Instant Hot Water
  • Total Bedroom Count: 5
  • Waterfront: Bayou, Seawall, Waterfront
  • View: Bayou
  • Exterior: Balcony, Covered Patio, Outdoor Shower, Rain Gutters
  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric, Separate Meters
  • List Price: $665,000
  • Price/SqFt: $360
  • HOA Amount: $125 Monthly
  • Annual Tax Amount: $1,763
  • Tax Year: 2023
  • Lot: Waterfront
  • Directions: Traveling east on 6th Street from Harrison Ave cross over Watson Bayou bridge into Millville and turn right onto Maple and right into the development and stay to the right to the end of the road and unit is on your left.
  • Year Built: 2025
  • Living Area: 1,845 SqFt
  • MLS Number: 773811
  • MLS Name: BCAR
  • 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© 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: 7/30/2025, 11:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$98,150$1,763
2022$54,756$737
2021$51,754$737
2020$20,000$511
2018$20,000$302

History based on county public records data.

Nearby schools

4

Merriam Cherry Street Elementary School

Public District PK-5

0.7 mi

1125 Cherry St

1

Cedar Grove Elementary School

Public District PK-5

1.7 mi

2826 E 15th St

4

Palm Bay Elementary School

Public Charter KG-5

2.5 mi

1104 Balboa Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

40%
<35k
55%
35k-100k
4%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
17%
Single, with Kids
21%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • UFCUFC

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • Burger KingBurger King

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Frequently asked questions

About 306 Penny Ct

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

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

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

The nearby schools for 306 Penny Ct are: Merriam Cherry Street Elementary School (GreatSchools Rating 4/10), Cedar Grove Elementary School (GreatSchools Rating 1/10), Palm Bay Elementary School (GreatSchools Rating 4/10), Jinks Middle School (GreatSchools Rating 2/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Rosenwald High School (GreatSchools Rating 1/10), Rutherford High School (GreatSchools Rating 3/10), Bay High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2023 is $1,763 (source: MLS/based on county public records data).

The property at 306 Penny Ct has 5 bedrooms and 4 full and 1 half bathrooms.

The property 306 Penny Ct is 1,845 SqFt (source: MLS/tax record).

The year of construction for 306 Penny Ct is 2025.

This home is located at 306 Penny Ct in Panama City, FL and zip code 32401 in the Oak Ridge neighborhood. This 1,845 square foot home was built in 2025. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $665,000.

Panama City, FL housing market in June 2025 saw over 26 listings sold above listed price, more than 47 sold at listed price and over 144 sold below. The number of listings in Panama City, FL decreased by 2.4% between May and June 2025. Listings spent 78 days on the market in June 2025, and had a median list price of $330,871 during the same period.

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

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