$190,000
NEW CONSTRUCTION $20K PRICE INCREASE

Estimated payment $1,051/month

Total Views 458
2 Beds
2 Baths
933 Sq Ft
$204 Price per Sq Ft

Highlights

  • Corner Lot
  • Breakfast Bar
  • Central Heating and Cooling System
  • No HOA
  • Living Room
  • Ceiling Fan

About This Home

Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh finishes throughout make this home move-in ready.Located close to Panama City's best attractions, you'll have easy access to sugar-white beaches, world-class fishing, and waterfront marinas. The area also offers a wide variety of restaurants, shopping, golf courses, and entertainment, making it an ideal spot for both full-time living or a low-maintenance coastal getaway.Save $1,495 in mortgage fees on this home by using Preferred Lender.

Listing Agent

JAMIE KITZMILLER

Think Real Estate License #SL3465582 Listed on: 08/18/2025

Think Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $178

Year Built

  • Built in 2025 | Under Construction

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 933 Sq Ft Home
  • Ceiling Fan
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Cedar Grove Elementary School
  • Mowat Middle School
  • Bay High School

Additional Features

  • Lot Dimensions are 99x120
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$178

Year Built

Built in 2025 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Attached
  • Lot Size: 99x120
  • Road Surface Type: Paved
  • Subdivision Name: No Named Subdivision
  • Structure Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Luxury Vinyl Plank
  • Living Area: 933.0
  • Dining Room Type: Bedroom, Kitchen, Laundry, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Property Condition: Under Construction
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway
  • Garage: No

Utilities

  • Utilities: Electricity Available
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Mowat

Lot Info

  • Lot Features: Corner Lot
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 178.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Cedar Grove
  • High School: Bay

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $170,000 -- $182 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Similar Homes in Panama City, FL

  • 1116 Mercedes Ave Unit C, Panama City, FL 32401

    $190,000

    • 2 Beds
    • 2 Baths
    • 933 Sq Ft
    • 1116 Mercedes Ave
    • Unit C
    • Panama City, FL

    Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

    JAMIE KITZMILLER Think Real Estate

    Section Image
  • 1116 Mercedes Ave Unit A, Panama City, FL 32401

    $190,000

    • 2 Beds
    • 2 Baths
    • 933 Sq Ft
    • 1116 Mercedes Ave
    • Unit A
    • Panama City, FL

    Step inside this brand-new townhome at 1116 Mercedes Ave in Panama City and enjoy modern living just minutes from the coast. Offering nearly 1,000 square feet of thoughtfully designed space, this home features a bright living and dining area, a contemporary kitchen, two bedrooms, two full bathrooms, and a convenient laundry area. A private driveway provides dedicated parking, and the fresh

    JAMIE KITZMILLER Think Real Estate

    Section Image
  • 1025 W 19th St Unit 8D, Panama City, FL 32405

    $239,900

    • 3 Beds
    • 2 Baths
    • 1,671 Sq Ft
    • 1025 W 19th St
    • Unit 8D
    • Panama City, FL

    Seller is offering 1% in seller credit--use it toward a rate buydown or to help cover your closing costs! Charming townhouse in Delwood Estates was completely remodeled in 2023 with everything new: roof, trusses, insulation, floors, kitchen cabinets, granite countertops, updated electrical, plumbing and AC system and more. The townhouse offers a spacious living area of 1,671 sf - 3 bed/2 bath.

    Moe Mossa Savvy Avenue LLC

    Section Image
  • 1210 Stephen 1 Dr Unit 1, Panama City, FL 32405

    $182,000

    • 2 Beds
    • 2 Baths
    • 1,184 Sq Ft
    • 1210 Stephen 1 Dr
    • Unit 1
    • Panama City, FL

    Now offering $5k closing cost assistance with acceptable offers!Charming 2BR/2BA End-Unit Townhome in the Heart of Panama City - No HOA!Welcome to 1210 Stephen Drive -- a well-maintained and affordable 2-bedroom, 2-bathroom townhome located on a quiet street in central Panama City. This end unit offers added privacy and natural light, making it a comfortable and inviting place to call home.Enjoy

    Matthew Wright Think Real Estate

    Section Image
  • 1007 Baldwin Rowe Cir Unit 1007, Panama City, FL 32405

    $230,000

    • 2 Beds
    • 2.5 Baths
    • 1,562 Sq Ft
    • 1007 Baldwin Rowe Cir
    • Unit 1007
    • Panama City, FL

    SPACIOUS LAKEFRONT UNIT AT A GREAT PRICE! Must see beautiful town home in gated community with pool and clubhouse amenities centrally located near Navy Base and Tyndall Air Force Base. This 2-bedroom 2.5 bath features raised ceilings with crown molding. The Kitchen opens up to the dining room and living room and has granite counter tops, breakfast bar, pantry & lots of countertop space. Just off

    Paul LaCourse Anchor Realty Florida

    Section Image
  • 802 Baldwin Rowe Cir, Panama City, FL 32405

    $229,999

    • 2 Beds
    • 2.5 Baths
    • 1,562 Sq Ft
    • 802 Baldwin Rowe Cir
    • Panama City, FL

    Welcome to 802 Baldwin Rowe Circle — a beautifully maintained 2-bedroom, 2.5-bath townhome located in the gated community of Baldwin Rowe. This spacious corner unit offers an open-concept living and dining area, a modern kitchen with stainless steel appliances, and a private one-car garage. Upstairs, you'll find a large master suite with a walk-in closet and ensuite bath, along with two

    Randall Smith Realty ONE Group Emerald Coast

    Section Image
  • 5010 Hickory St, Panama City, FL 32404

    $194,999

    • 2 Beds
    • 2 Baths
    • 1,226 Sq Ft
    • 5010 Hickory St
    • Panama City, FL

    Welcome to this beautifully updated 2-bedroom, 2-bath townhome inside the Hickory Park community. Inside, you'll find fresh paint throughout, stylish new flooring, modern kitchen cabinets, updated bathroom vanities, and sleek stainless steel appliances. The home also features a new 200-amp service panel for peace of mind. One bedroom boasts its own ensuite bath, while a versatile loft offers the

    Seamus O'neill SOUTHERN WAY REALTY, INC.

    Section Image
  • 519 S Highway 22 A, Panama City, FL 32404

    $165,500

    • 2 Beds
    • 1 Bath
    • 1,226 Sq Ft
    • 519 S Highway 22 A
    • Panama City, FL

    Price Reduced!! Come view this two bedroom one bath townhome in Parker, close to Tyndall Airforce Base. This neighborhood provides an HOA with community pool and courtyard area which is great for families or just sitting outside relaxing in the green space. The complex is right across the street from Parker Elementary. The townhome features two bedrooms downstairs with bathroom shared between

    Daryle Burkey Coldwell Banker Realty

    Section Image
  • 505 Palermo Rd, Panama City, FL 32405

    $200,000

    • 3 Beds
    • 2.5 Baths
    • 1,401 Sq Ft
    • 505 Palermo Rd
    • Panama City, FL

    Looking for a move-in ready home that won't break the bank? Welcome to 505 Palermo Road--an updated townhome with solid bones, fresh finishes, and no HOA to hold you back. Whether you're a first-time buyer, an investor, or just looking to simplify life without sacrificing comfort, this one's a winner.Step inside to find stylish LVP flooring throughout the main living area, fresh paint, and a

    Joshua Hoey Think Real Estate

    Section Image

Source: Central Panhandle Association of REALTORS®

MLS Number: 777785

Central Panhandle Association of REALTORS®