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$585,900

501 Wood Trl Panama City, FL 32405

4 beds
3 full
2,246 sqft
0.5 acres
$261 / sqft
House

Property details

About 501 Wood Trl

Crafted by the renowned Koehnemann Construction, this beautiful home in the coveted ''The Woods Phase 3'' community offers a true suburban retreat on a generous half acre lot. The professionally landscaped grounds create a serene backdrop for relaxing and entertaining, while the fenced backyard--complete with patio and screened back porch--provides an inviting outdoor oasis.Inside, you'll find four bedrooms and three full bathrooms. A cozy den and a spacious family room offer comfortable gathering spaces, while a bright breakfast nook and a grand dining room provide plenty of options for both casual meals and formal entertaining. The large primary suite includes its own exit to the backyard, and both the living room and dining room open onto the patio and back porch as well, creating seamless indoor-outdoor flow throughout the home.This property has been meticulously updated over the years: fresh interior paint and granite kitchen countertops in 2016, a new roof in 2018, updated carpeting and flooring in 2019, replacement windows and doors in 2022, a new air conditioning unit and hot water tank in 2023, and, as recently as 2025, a termite inspection and the addition of the screened back porch ideal for year round enjoyment.Beyond your doorstep, neighborhood parks, trails, and local amenities enhance the outdoor lifestyle this home supports. With convenient access to Highway 390 (1.8 miles), Highway 98 (1.5 miles), US 231 (2.5 miles), and Panama City Beach's world renowned sugary shore just 11 miles away, everyday errands and weekend adventures are at your fingertips. The highly motivated sellers have shared many wonderful memories in this community and have enjoyed their dynamic home.. They are excited to leave this beautiful home to the future owners. Contact your favorite Realtor today to schedule a tour and discover why this could be your next home.

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,246 sqft
Lot size0.51 Acres
Year built1997
ParkingAttached, Driveway, Garage, Garage Door Opener
MLS #776778
Attached garage2 spaces
FireplaceOutside

Summary

  • Full Bathrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Interior: Kitchen Island, Split Bedrooms
  • Fireplace: Outside
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Garage Door Opener
  • Exterior: Patio
  • Architectural Style: Traditional
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $585,900
  • Price/SqFt: $260
  • HOA Amount: $330 Annually
  • Annual Tax Amount: $3,535
  • Tax Year: 2023
  • Lot: Corner Lot, Landscaped
  • Directions: Access GPS for the best navigation
  • Year Built: 1997
  • Living Area: 2,246 SqFt
  • Lot Size: 0.51 Acres
  • MLS Number: 776778
  • MLS Name: BCAR
  • Office Name: Coldwell Banker Realty

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: 7/31/2025, 4:45:29 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$232,821$3,535
2022$226,040$3,352
2021$219,456$3,352
2020$216,426$3,268
2018$207,615$2,539
2017$203,345$2,456

History based on county public records data.

Nearby schools

3

Hiland Park Elementary School

Public District KG-5

1.5 mi

2507 E Baldwin Rd

3

Northside Elementary School

Public District PK-5

1.7 mi

2001 Northside Dr

6

Bay Haven Charter Academy

Public Charter KG-5

1.9 mi

2501 Hawks Landing Blvd

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 $52,744. The most common annual income of people living in Panama City, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

26%
<35k
57%
35k-100k
15%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

48%
Single, No Kids
7%
Single, with Kids
30%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
36%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Continuing Education CoursesContinuing Education Courses
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • Express/Express For MenExpress/Express For Men
  • Chico'sChico's

Where do the neighbors go to eat?

  • SonicSonic
  • QdobaQdoba
  • Boston MarketBoston Market

What do the neighbors drive?

  • InfinitiInfiniti
  • VolkswagenVolkswagen
  • VolvoVolvo

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Talk/PersonalityTalk/Personality
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 501 Wood Trl

The listing price of 501 Wood Trl property is $585,900.

The property 501 Wood Trl is a house located in Panama City, Florida, 32405.

Active Listing: 501 Wood Trl is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 501 Wood Trl are: Hiland Park Elementary School (GreatSchools Rating 3/10), Northside Elementary School (GreatSchools Rating 3/10), Bay Haven Charter Academy (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), Mowat Middle School (GreatSchools Rating 5/10), A Crawford Mosley High School (GreatSchools Rating 6/10), Bay High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,535 (source: MLS/based on county public records data).

The property at 501 Wood Trl has 4 bedrooms and 3 bathrooms.

The property 501 Wood Trl is 2,246 SqFt (source: MLS/tax record).

The year of construction for 501 Wood Trl is 1997.

This home is located at 501 Wood Trl in Panama City, FL and zip code 32405 in the The Woods neighborhood. This 2,246 square foot home, which was built in 1997, sits on a 0.51 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 26, 2025 and is currently priced at $585,900.

In June 2025, from all listings sold in Panama City, FL there were more than 26 sold above asking price, over 144 sold below and more than 47 were sold right at the asked price. In June 2025 in Panama City, FL there were 2.4% less homes for sale than in May. While the average time on the market in June 2025 was 78 days, the median list price was $330,871.

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

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