508 Parkwood Drive, Panama City, FL 32405 (MLS# 778798)

HOA Fee: No

New Buyer Fee: No

Last Taxes: 6495

Last Tax Year: 2024

Brokerage Interest: No Interest

List Price/SqFt: 258.62

Status: Pending

List Date: 2025-09-09

List Price: $585,000

Current Price: $585,000

Sub Area: 0204 - Bay - Central NW

Community/Resort: None

Waterfront: No

Elementary School: Hiland Park

Middle School: Jinks

High School: Bay

Directions: From 23rd Street go North on Harrison Avenue. Turn right on Timber Lane. Turn right on Parkwood Drive. Home will be on the right.

Area: 02 - Bay County - Central

Street #: 508

Street Name: Parkwood

Street Suffix: Drive

State: FL

Zip Code: 32405

County: Bay

Subdivision: The Woods Phase 2

Parcel ID: 12987-098-000

Legal Description: THE WOODS PHASE 2 LOT 28 ORB 4714 P 952

Acreage: 0.31

Design: Contemporary

Lot Size (SqFt): 13504

Apx SqFt(Htd/Cooled): 2262

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

Lot Dimensions: 90x150

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Driveway Spaces: 4

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 2

Total Baths: 3

Year Built: 1993

Remarks: Pool home with RV and boat parking and no HOA, located on a quiet dead-end street in the desirable Woods neighborhood of Panama City. This beautifully updated 4-bedroom, 2.5-bath home offers over 2,260 square feet of living space on a spacious 0.31-acre lot and has been extensively renovated within the past three years with major upgrades including a new roof, updated cabinetry, appliances, flooring, bathrooms, and solar panels for improved energy efficiency. Inside, the home features a bright and open layout with updated ceramic tile flooring, modern fixtures, and comfortable living spaces designed for both everyday living and entertaining. The kitchen is centered around a large island with abundant cabinet storage and a generously sized pantry with custom shelving, while the dining area overlooks the backyard and pool. The primary suite provides a spacious retreat with a massive walk-in closet and a beautifully renovated bathroom featuring a double shower. The flexible floor plan also includes a dedicated office space ideal for working from home along with an oversized laundry room comparable in size to an additional bedroom. Outdoor living is one of the standout features of this property. The backyard showcases a brand-new ozone pool with tanning shelf and all new equipment, along with a pergola that creates a shaded space perfect for relaxing or entertaining. The fully fenced yard provides privacy and room to enjoy the outdoor setting. For those needing additional storage or parking, the property includes a 23' by 35' concrete pad ideal for an RV, boat, trailer, or multiple recreational vehicles. The finished garage features painted flooring, attic access, and a secondary door leading to the backyard. A detached shed with electrical service offers additional workspace or storage. Additional improvements include a whole-home generator, two 50-amp power plugs, built-in security cameras, and a sprinkler system powered by a private well that can also connect to city water. Conveniently located just minutes from shopping, dining, medical facilities, and downtown Panama City, this home offers the rare combination of major upgrades, energy efficiency, resort-style outdoor living, and space to park your boat or RV without the restrictions of an HOA. Solar panels are paid off.

First: 1

Fenced: 1

Gunite Concrete: 1

Inground: 1

Cooktop - Electric: 1

Disposal: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Ceiling - Cathedral: 1

Ceiling - Crwn Molding: 1

Floor - Tile: 1

Kitchen Island: 1

Pantry: 1

Security System: 1

Brick: 1

Wood/Frame: 1

Roof - Composite Shngl: 1

Fenced Back Yard: 1

Fenced Privacy: 1

Patio Covered: 1

Patio Open: 1

Sprinkler System: 1

Pergola: 1

Cash: 1

Conventional: 1

VA: 1

Unfurnished: 1

Dead End: 1

Sidewalk: 1

City Street: 1

Paved Road: 1

Additional Parking: 1

Boat: 1

Driveway: 1

Garage Attached: 1

Garage Door Opener: 1

Oversized: 1

Paved: 1

RV Access/Parking: 1

MBath Double Vanity: 1

MBath Shower Only: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

Resid Single Family: 1

Sidewalks: 1

Bedroom: 1

Master Bedroom: 1

Office: 1

Electricity - Connected: 1

Private Well: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Solar: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Smoke Detector(s): 1

Under Contract Date: 2026-03-29