$4,364 Closing Credit¹
#761787, Listing Office: Keller Williams Realty Emerald Coast
$380,000 List price
7111 Penn Way Panama City, FL 32404
$4,513
Closing credit¹
4 beds
2 full, 1 partial
2,361 sqft
0.2 acres
$161 / sqft
House
Property details
About 7111 Penn Way
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to 7111 Penn Way, a stunning, feature-rich pool home located in the quiet and desirable Barrett's Park community. This beautifully maintained property offers the ideal combination of luxury, functionality, and energy-efficient upgrades--making it a true standout in the area.Key Features:BACKYARD PARADISE! Step outside to your brand-new(Nov 2024), heated and cooled custom Gunite in-ground pool--designed for year-round enjoyment. Whether you're swimming in the summer sun or taking a warm evening dip, this space delivers luxury and relaxation. It even features lights and is fully automated via the ''Hayward'' app.CLIMATE CONTROLLED GARAGE: The garage is fully heated and cooled with a dedicated split system, offering the perfect space for a home gym, workshop, or simply comfortable year-round storage. SPACIOUS OPEN LAYOUT: The open-concept floor plan creates a seamless flow between the living room, dining area, and kitchen--perfect for both everyday living and entertaining.CHEF'S KITCHEN: Stainless steel appliances, ample counter space, and a generous pantry that makes cooking a pleasure. FLEX SPACE: Use as a home office, formal dining area or convert into a 5th bedroom.COMFORT AND STYLE: Four large bedrooms provide plenty of space for rest, productivity, and personalization.WHOLE HOME SURGE PROTECTION: Protect your valuable electronics and appliances with a professionally installed whole-home surge protection system.UVC INDOOR AIR QUALITY SYSTEM: Breathe easier with a UVC air purification system that enhances indoor air quality and keeps your HVAC system clean and efficient.PRIVATE FENCED YARD: Enjoy a spacious patio and privacy-fenced backyard--ideal for pets, kids, and outdoor living.EXCELLENT LOCATION: Located on an offshoot street in the neighborhood with very little thru traffic, Just 25 minutes from Panama City Beach, 15 minutes from downtown, and a short drive to Tyndall Air Force Base--convenient yet tucked away from the hustle.This home isn't just move-in ready--it's future-ready. With upgraded systems, luxurious outdoor living, and energy-conscious enhancements, 7111 Penn Way offers a lifestyle that's hard to match. All measurements are approximate and should be verified if important.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air
Size2,361 sqft
Lot size0.2 Acres
Year built2020
ParkingAttached, Garage
MLS #772554
Attached garage2 spaces
Private poolYes
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: Yes
- Parking: Attached, Garage
- Architectural Style: Traditional
- Heating: Central
- Cooling: Central Air
- List Price: $380,000
- Price/SqFt: $160
- HOA Amount: $175 Quarterly
- Annual Tax Amount: $2,800
- Tax Year: 2023
- Lot: Cul-De-Sac
- Directions: North on 231, Right on Bayou George Dr., Straight on Nordic Dr., Right on Hatteras Blvd, Left on Penn. Home is on the left
- Year Built: 2020
- Living Area: 2,361 SqFt
- Lot Size: 0.2 Acres
- MLS Number: 772554
- MLS Name: BCAR
- Office Name: Keller Williams Success Realty
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: 5/22/2025, 11:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$380,000
7111 Penn Way
$4,513
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 05, 2021 | Home Sold | $300,000 |
| Jun 02, 2020 | Home Sold | $239,900 |
| Oct 08, 2019 | Home Sold | $1,428,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $259,488 | $2,800 |
| 2022 | $251,930 | $2,509 |
| 2021 | $209,216 | $2,509 |
| 2020 | $28,700 | $344 |
| 2018 | $3,200 | $38 |
History based on county public records data.
Nearby schools
4
Tommy Smith Elementary School
Public District PK-5
2.4 mi
•5044 Tommy Smith Dr
4
Deer Point Elementary School
Public District KG-5
3.8 mi
•4800 Highway 2321
9
North Bay Haven Charter Academy Elementary School
Public Charter KG-5
4.3 mi
•1 Buccaneer Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $52,002. Most Panama City, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
17%
<35k
72%
35k-100k
10%
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?
32%
Single, No Kids
10%
Single, with Kids
34%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
44%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Monster Trucks
Where do the neighbors shop?
Wal-Mart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
Chevrolet
GMC
What do the neighbors listen to?
Classic Country
New Country- Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7111 Penn Way
The listing price of 7111 Penn Way property is $380,000.
The property 7111 Penn Way is a house located in Panama City, Florida, 32404.
Accepting Backup Offers: 7111 Penn Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 7111 Penn Way are: Tommy Smith Elementary School (GreatSchools Rating 4/10), Deer Point Elementary School (GreatSchools Rating 4/10), North Bay Haven Charter Academy Elementary School (GreatSchools Rating 9/10), Merritt Brown Middle School (GreatSchools Rating 3/10), North Bay Haven Charter Academy Middle School (GreatSchools Rating 8/10), Bay Haven Charter Middle School (GreatSchools Rating 6/10), North Bay Haven Career Academy (GreatSchools Rating 9/10), A Crawford Mosley High School (GreatSchools Rating 6/10), Rutherford High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2023 is $2,800 (source: MLS/based on county public records data).
The last sale was on November 5, 2021 for $300,000 (source: MLS/tax record).
The property at 7111 Penn Way has 4 bedrooms and 2 full and 1 half bathrooms.
The property 7111 Penn Way is 2,361 SqFt (source: MLS/tax record).
The year of construction for 7111 Penn Way is 2020.
This home is located at 7111 Penn Way in Panama City, FL and zip code 32404. This 2,361 square foot home, which was built in 2020, sits on a 0.20 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $380,000.
Over 20 listings were sold over their listed price in April 2025 in Panama City, FL. In the same period over 127 listings were sold below the listed price and 60 listings were sold for the listed price. The inventory of homes for sale in Panama City, FL between March and April 2025 increased by 2.2%. The median list price of listings available in April 2025 was $334,464, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.