$575,000
$80K PRICE DROP

123 Tierra Verde Way Panama City Beach, FL 32407

Estimated payment $3,059/month

Total Views 1,547
5 Beds
3 Baths
2,511 Sq Ft
$229 Price per Sq Ft

Highlights

  • Craftsman Architecture
  • Recreation Room
  • Soaking Tub
  • J.R. Arnold High School Rated A-
  • Covered Patio or Porch
  • Central Air

About This Home

Price Reduced for Quick Sale! Spacious 5-bedroom, 3-bath home just 1 mile from Panama City Beach. Needs fresh paint and minor repairs — great potential! Features open family room flowing into dining area and back porch, kitchen at entryway, downstairs guest bedroom with full bath, upstairs bonus room connecting three bedrooms, and primary suite with double vanity, walk-in closet, garden tub, and separate shower. Close to shopping, dining, and entertainment. Schedule a showing today!

Listing Agent

Team Don and Bubba

EXP Realty LLC Listed on: 10/07/2025

EXP Realty LLC

Co-Listing Agent

Anat Shmueloff

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $416

Year Built

  • Built in 2022

Lot Details

  • 10,106 Sq Ft Lot
  • Lot Dimensions are 75x135
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • HardiePlank Type

Interior Spaces

  • Dining Room
  • Recreation Room
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Soaking Tub

Outdoor Features

  • Covered Patio or Porch

Schools

  • Hutchison Beach Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Tierra Verde Phase III Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$416

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.23
  • Lot Size: 75X135
  • Co List Office Mls Id: EXPR
  • Co List Office Phone: 888-883-8509
  • Subdivision Name: Tierra Verde Phase III
  • Architectural Style: Craftsman
  • New Construction: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Range, Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Dining Room Type: Bedroom, Dining Room, Primary Bathroom, Recreation

Exterior Features

  • Fencing: Fenced
  • Construction Type: HardiPlank Type
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Size Sq Ft: 10106.0
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 416.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,333 $433,551 $84,043 $349,508
2023 $5,333 $465,834 $73,222 $392,612
2022 $242 $8,904 $8,904 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Price Changed $575,000 -5.7% $229 / Sq Ft
11/01/2025 11/01/25 Price Changed $610,000 -6.9% $243 / Sq Ft
10/07/2025 10/07/25 For Sale $655,000 -- $261 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $507,225 Dhi Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $507,225 VA
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 780059

Central Panhandle Association of REALTORS®

APN: 34887-550-110

Florida Bay County Panama City Beach 32407

123 Tierra Verde Way, Panama City Beach, FL

For Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Listing Agent
Team Don and Bubba
Section Image
EXP Realty LLC
(448) 202-7763