$450,000
Panama City, FL 32401
MLS# 776389
Status: Under Contract - Taking Backups
3 beds | 2 baths | 1453 sqft

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Property Description
''''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'''' Experience the ultimate waterfront lifestyle with this captivating property at 1045 La Paloma Terrace, located in the vibrant Panama City Market. This beautiful home boasts an impressive array of features that make it ideal for both a relaxing getaway or a full-time residence. Nestled along the serene waterfront, the property includes a boathouse equipped with a lift and a spacious dock tailor-made for entertaining guests. Imagine enjoying the stunning sunsets by the water or setting out for a quick boat ride with unparalleled Gulf access just minutes away. Inside, the home has been thoughtfully renovated, offering 3 comfortable bedrooms and 2 modern bathrooms. Music enthusiasts will appreciate the dedicated music studio, while the large storage shed right out the back door provides practical space for all your storage needs. Set amidst beautiful landscaped grounds with mature trees, the property exudes a tranquil charm. Yet, all the excitement of downtown Panama City is just a Short distance away by car. Revel in the city's nightlife, restaurants, entertainment, and year-round fun activities and events. Convenience is at your doorstep with Sacred Heart Bay Medical located just two blocks away. Whether you are seeking a peaceful retreat or an exciting urban lifestyle, this property caters to every desire. Embrace the opportunity to own this remarkable waterfront haven and call today to schedule your personal showing!
Details
Maps
Contract Info
Status: Under Contract - Taking Backups
List Date: 2025-06-23
List Price: $450,000
List Price/SqFt: 309.7
Current Price: $450,000
Location
Area: 02 - Bay County - Central
Street #: 1045
Street Name: La Paloma
Street Suffix: Terrace
State: FL
Zip Code: 32401
County: Bay
Sub Area: 0203 - Bay - Central SW
Subdivision: [No Recorded Subdiv]
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 21255-000-000
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From Hwy 231 South, Turn Left on Hwy 98, go .75 miles to MLK JR BLVD and turn right. Go 1.2 Miles to E 7th street and turn left. Go .3 Miles and it turns into La Paloma Terrace and the home is on the right.
Legal Description: SUDDUTHS 4TH ADD LOT 18 & EXT TO BAYOU WITH RIP RTS TOGETHER W ANY PORTIO OF LOT 19 AS PER BOUNDARY LINE AGREEMENT LINE ORB 4366 P 1159
General Property Info
Sub-Type: Detached Single Family
Design: Craftsman Style
Apx SqFt(Htd/Cooled): 1453
SqFt Source: Prop App Site
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 1950
Immediate Occupancy: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Driveway Spaces: 2
Lot Dimensions: 362x341x40x100
Acreage: 0.43
Lot Size (SqFt): 18731
Pool: No
Status Change Info
Under Contract Date: 2025-07-31
Property Features
Appliances: Cooktop - Electric; Dishwasher; Refrigerator; Water Heater - Electric
Bedroom: First
Cooling: Central Air; ENERGY STAR Qualified Equipment
Heating: Central; ENERGY STAR Qualified Equipment
Exterior: Fenced Back Yard; Fire Pit; Patio Open
Financing: Cash; Conventional; VA
Furnished: Negotiable
Kitchen: First
Lot Features: Coastal Construction Control Line; Near Public Boat Ramp; Waterfront
Lot Access: Alley; City Street
Master Bathroom: First
Parking Features: Driveway; No Garage
Other Structures: Shed(s); Other
Rooms: Bedroom; Kitchen; Master Bathroom
Sale Type: As Is
Showing: ShowingTime
Utilities: Cable - Available; Electric 220/240; Natural Gas - Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Bayou w/ Gulf Access
Waterfront Feature: Boatlift; Dock; Shore - Seawall
Waterview: Bayou
Present Zoning: Resid Single Family
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Bedroom | First | 10 x 12 | 10.00 | 12.00 | 10 x 12 |
Kitchen | First | 9 x 12 | 9.00 | 12.00 | 9 x 12 |
Master Bathroom | First | 12 x 14 | 12.00 | 14.00 | 12 x 14 |
Listing Office: Beachy Beach Real Estate
Last Updated: September - 06 - 2025
Information deemed reliable but not guaranteed.