7482 Shadow Lake Dr, Panama City Beach, FL, 32407
About This Home
Fully furnished 3-bedroom, 2.5-bath townhouse—ready to start making money from day one! This is one of the best deals in Panama City Beach right now, with lots of updates and strong rental potential. The Airbnb-friendly community is moments from the beach, making it ideal as a primary home, long-term rental, or vacation rental. Major upgrades include a life-proof PVC deck and privacy fence that add comfort, privacy, low maintenance, and value. The kitchen features new appliances, a modern backsplash, and updated light fixtures, while new vinyl plank flooring is installed downstairs and in the bathroom. Located on the preferred side of the community, the home overlooks a beautiful lighted pond and offers an oversized driveway with room for multiple vehicles. Turnkey and move-in/rental ready, it's minutes from the beach, dining, and entertainment—schedule your showing today.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Roof: Composition,Shingle
- Construction materials: HardiPlank Type,Concrete,Vinyl Siding
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Electric Oven,Electric Range,Electric Water Heater,Wine Cooler
Bedroom
- Level: Second
- Dimensions: 13.8 x 9.5
Bedroom
- Level: Second
- Dimensions: 13.8 x 9.5
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Interior Steps,Upper Level Primary
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 1,496
- Total interior livable area: 1,496 sqft
Kitchen
- Level: First
- Dimensions: 10.9 x 9.11
Living Room
- Level: First
- Dimensions: 14.11 x 9.11
Master Bedroom
- Level: Second
- Dimensions: 15.6 x 15.6
Property
Details
- Parcel number: 27905050181
- Attached to another structure: Yes
- Special condition: Listed As-Is
Features
- Levels: Two
- Stories: 2
- Pool features: Community
- Patio & porch: Patio
- Exterior features: Patio
- Fencing: Privacy
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Lot size: 2,000 sqft
- Lot size dimensions: 20 x 100
Parking
- Total spaces: 1
- Parking features: Additional Parking
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,516 | $18,192 |
| Home Insurance * | $108 | $1,296 |
| Property Taxes | $378 | $4,536 |
| Electricity | $197 | $2,366 |
| Total | $2,199 | $26,388 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-12-13 | Price change | $299,900 |
| 2024-12-05 | Price change | $2,400 |
| 2024-11-20 | Listed for rent | $3,000 |
| 2024-11-11 | Listed for sale | $335,000 |
| 2024-11-05 | Listing removed | $349,900 |
| 2024-09-01 | Price change | $349,900 |
| 2024-06-23 | Price change | $355,000 |
| 2024-04-20 | Listed for sale | $369,999 |
| 2024-03-11 | Listing removed | -- |
| 2024-02-07 | Price change | $350,000 |
| 2024-01-24 | Price change | $370,000 |
| 2023-10-09 | Price change | $380,000 |
| 2023-09-08 | Price change | $389,900 |
| 2023-08-29 | Listed for sale | $399,900 |
| 2023-07-11 | Contingent | $399,900 |
| 2023-05-27 | Listed for sale | $399,900 |
| 2021-04-19 | Sold | $223,350 |
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