NEW CONSTRUCTION
$21K PRICE DROP
5114 Debi Rd Panama City, FL 32404
Estimated payment $1,654/month
Total Views
2,936
3
Beds
2
Baths
1,424
Sq Ft
$210
Price per Sq Ft
Highlights
- Traditional Architecture
- Kitchen Island
- Central Air
- No HOA
- Landscaped
- Under Construction
About This Home
Seller is offering up to $7500 toward buyer's closing cost.New Construction under $300,00! Stunning 3-Bed, 2-Bath Home on 1.41 Acres in Panama City, FL Welcome to your brand-new dream home in beautiful Panama City! This meticulously built 3-bedroom, 2-bathroom residence offers modern luxury and comfort on a spacious 1.41-acre lot. Perfectly situated in a peaceful setting with plenty of room to breathe, relax, and enjoy the Florida lifestyle.Key Features:- Spacious & Elegant Interior:** Soaring 9-foot ceilings create an open, airy atmosphere throughout the home.- Gourmet Kitchen: Featuring stunning granite countertops, ample cabinetry, and modern appliances--ideal for entertaining and family gatherings.- Durable & Stylish Flooring: Beautiful luxury vinyl plank (LVP) flooring throughout the main living areas and bedrooms, combining durability with a modern aesthetic.- Comfort & Efficiency: Spray foam insulation ensures excellent energy efficiency and temperature regulation year-round.- Bedrooms & Bathrooms: Three generous bedrooms provide plenty of space for family or guests. The master suite includes a private bath for added convenience.- Outdoor Space: Large 1.41-acre lot offers endless possibilities for outdoor living, gardening, or future expansions.- Prime Location: Close to Panama City's beaches, shopping, dining, and entertainment, yet nestled in a quiet, rural setting.This new construction home offers the perfect blend of modern amenities and country tranquility. Don't miss your chance to own a brand-new home in one of Florida's most desirable areas!**Schedule your private tour today!**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $291
Year Built
- Built in 2025 | Under Construction
Lot Details
- 1.41 Acre Lot
- Lot Dimensions are 102x600
- Landscaped
Home Design
- 1,424 Sq Ft Home
- Traditional Architecture
- Slab Foundation
- Asphalt Roof
- Vinyl Siding
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Driveway
Schools
- Tommy Smith Elementary School
- Merritt Brown Middle School
- Rutherford High School
Utilities
- Central Air
- Heating Available
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Timberwood Subdivision
Map
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Home Values in the Area
Average Home Value in this Area
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 | $267 | $23,418 | -- | -- |
| 2023 | $267 | $21,289 | $21,289 | $0 |
| 2022 | $246 | $21,289 | $21,289 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/27/2025 07/27/25 | Price Changed | $299,000 | -6.3% | $210 / Sq Ft |
| 07/23/2025 07/23/25 | Price Changed | $319,000 | -0.3% | $224 / Sq Ft |
| 04/26/2025 04/26/25 | For Sale | $320,000 | -- | $225 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $165,000 | Construction |
Source: Public Records
Similar Homes in Panama City, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 772602
APN: 05893-338-010
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.
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.
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