140 Tierra Verde Way, Panama City Beach, FL, 32407
About This Home
Some homes are just listed... while others make a Statement!! Fully Upgraded. Entertainer's Dream. Rare Half-Acre Corner Lot!! The Elliot floor plan stands out as one of the most sought-after modern designs on the market today, thoughtfully crafted for both everyday living and elevated entertaining. Featuring a primary suite on the first floor, it offers the perfect blend of comfort, privacy, and convenience. At the heart of the home, you'll find a chef-inspired kitchen with generous counter space, a large island, and seamless flow into the main living area, ideal for hosting or simply enjoying day-to-day life. And just when you think it couldn't get better... it does! Instead of one, this home offers two expansive open- concept living spaces, giving you the flexibility to create distinct areas for entertaining, relaxing, or gathering with family and friends--all without sacrificing that open, airy feel that today's buyers love. This is more than a floor plan--it's a lifestyle upgrade! Some of the upgrades include, updated modern luxury vinyl flooring throughout and new quartz countertops in both the kitchen and bathrooms, creating a clean, cohesive, and contemporary feel. In addition to that, a custom-built-in wine and beverage station with integrated bottle storage, glass display cabinetry, and an under-counter wine refrigerator--perfectly designed for entertaining with both elegance and convenience. Step outside and experience a true entertainer's paradise with the front and back porches upgraded with modern rectangular pavers, and the back porch fully screened in for year-round enjoyment. Custom outdoor kitchen featuring a premium Bull Bison 30-Inch Built-In Charcoal Grill, stainless steel refrigerator, and side burner. Custom-built Pavilion complete with seating area and electric fireplace, creating the perfect ambiance for relaxing or hosting. Situated on an **oversized-lot, one of the largest lots in the neighborhood** this property combines space, privacy, and modern living all in one. Being just a golf ride to the beach, located in a sought after neighborhood close to restaurants, shopping and Duplin Winery, this checks all the boxes of coastal living!!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2022
Materials
- Foundation: Slab
- Construction materials: HardiPlank Type,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven,Electric Water Heater,Wine Cooler
Bedroom
- Level: Second
- Dimensions: 13 x 13
Bedroom
- Level: Second
- Dimensions: 13 x 13
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Double Pane Windows
- Fireplace: Yes
Heating & Cooling
- Heating features: Central,Electric,Heat Pump
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 4,425
- Total interior livable area: 4,425 sqft
Kitchen
- Level: First
- Dimensions: 14 x 16
Living Room
- Level: First
- Dimensions: 18 x 20
Master Bathroom
- Level: First
- Dimensions: 12 x 14
Master Bedroom
- Level: First
- Dimensions: 16 x 18
Property
Details
- Parcel number: 34887550290
- Zoning description: City, Resid Single Family
- Special condition: Listed As-Is
Features
- Patio & porch: Patio,Covered,Porch,Screened
- Exterior features: Barbecue,Patio,Outdoor Kitchen,Porch,Rain Gutters
- Fencing: Fenced,Privacy
Lot
- Lot size: 0.54 Acres
- Features: Sprinkler System,Paved
- Lot size dimensions: 201*139
Parking
- Total spaces: 2
- Parking features: Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Cold Wave
- Tornado
- 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 | $4,500 | $54,000 |
| Home Insurance * | $321 | $3,852 |
| Property Taxes | $420 | $5,040 |
| Electricity | $445 | $5,343 |
| Total | $5,686 | $68,232 |
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 |
|---|---|---|
| 2026-05-01 | Listed for sale | $1,000,000 |
| 2023-03-29 | Sold | $790,000 |
| 2023-02-20 | Pending sale | $796,675 |
| 2023-01-31 | Price change | $796,675 |
| 2023-01-27 | Price change | $774,450 |
| 2023-01-25 | Price change | $779,900 |
| 2023-01-20 | Price change | $769,900 |
| 2023-01-17 | Price change | $796,675 |
| 2023-01-06 | Price change | $769,900 |
| 2022-12-30 | Price change | $806,225 |
| 2022-12-13 | Price change | $807,350 |
| 2022-12-08 | Price change | $817,350 |
| 2022-09-16 | Price change | $844,900 |
| 2022-08-30 | Listed for sale | $927,350 |
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