Backup offers
#775545, Listing office: Horsley Real Estate Group
$285,000 List price
7127 Penn Way Panama City, FL 32404
3 beds
2 full
1,526 sqft
0.1 acres
$187 / sqft
House
Property details
About 7127 Penn Way
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS Welcome to 7127 Penn Way, located in a desirable neighborhood in Panama City, FL. This beautifully maintained 3-bedroom, 2-bathroom home offers 1,546 square feet of living space and was built in 2019. Featuring fresh interior paint and a spacious 2-car garage, this home is move-in ready and ideal for families, professionals, or military personnel relocating to the area.The open-concept floor plan offers a seamless flow between the living, dining, and kitchen areas, perfect for both entertaining and everyday living. Step outside to enjoy a fully fenced backyard, ideal for kids, pets, or hosting weekend gatherings.Energy-efficient solar panels are included and will be paid off at closing, offering long-term savings and sustainability. The home is conveniently located close to major highways, making commuting a breeze. You'll be just 13 miles from Tyndall Air Force Base and 14 miles from the white sandy beaches of Panama City Beach.This home offers modern comfort, energy efficiency, and a fantastic location--all in one package. Don't miss your chance to own a well-maintained property in a growing and highly sought-after community.
Highlights
Home typeSingle Family Residence
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,526 sqft
Lot size0.14 Acres
Year built2019
ParkingAttached, Driveway, Garage, Garage Door Opener
MLS #775495
Attached garage2 spaces
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Driveway, Garage, Garage Door Opener
- Architectural Style: Ranch
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s), Electric
- List Price: $285,000
- Price/SqFt: $186
- HOA Amount: $210 Quarterly
- Annual Tax Amount: $1,783
- Tax Year: 2023
- Directions: From 231 turn onto Bayou George Rd then right on Hatteras Blvd turn left onto Penn Way house is on the left.
- Year Built: 2019
- Living Area: 1,526 SqFt
- Lot Size: 0.14 Acres
- MLS Number: 775495
- MLS Name: BCAR
- Office Name: Epique Realty Inc
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
| Date | Event | Price |
|---|---|---|
| Oct 08, 2019 | Home Sold | $203,875 |
| Jun 06, 2019 | Home Sold | $204,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $178,259 | $1,783 |
| 2022 | $173,067 | $1,598 |
| 2021 | $168,026 | $1,598 |
| 2020 | $165,706 | $1,579 |
| 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. The majority of Panama City, FL residents have income between $35k-100k annually. The majority of families are married, no kids. 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 7127 Penn Way
The listing price of 7127 Penn Way property is $285,000.
The property 7127 Penn Way is a house located in Panama City, Florida, 32404.
Accepting Backup Offers: 7127 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 7127 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 $1,783 (source: MLS/based on county public records data).
The last sale was on October 8, 2019 for $203,875 (source: MLS/tax record).
The property at 7127 Penn Way has 3 bedrooms and 2 bathrooms.
The property 7127 Penn Way is 1,526 SqFt (source: MLS/tax record).
The year of construction for 7127 Penn Way is 2019.
This home is located at 7127 Penn Way in Panama City, FL and zip code 32404. This 1,526 square foot home, which was built in 2019, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $285,000.
Over 26 listings were sold over their listed price in June 2025 in Panama City, FL. In the same period over 144 listings were sold below the listed price and 47 listings were sold for the listed price. In June 2025 in Panama City, FL there were 2.4% less homes for sale than in May. 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.