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2601 Parkwood Dr, Panama City, FL, 32405

4beds
3baths
2,588sqft
$575,000
$222price/sqft
$4,113/moest. monthly cost
$164,520/yrincome needed

About This Home

Sellers offering $5,000 toward buyer's closing costs. Welcome to this meticulously updated 4-bedroom, 3 full-bath brick residence with a screened-in pool, ideally situated in the highly desirable Woods II subdivision. Offering approximately 2,588 square feet of thoughtfully designed living space, this home is set on a generous 0.37-acre lot and features an oversized driveway, providing both functionality and curb appeal. Perfectly positioned in a central location, the property offers convenient access to premier shopping, dining, and leading medical facilities, while being approximately 20 minutes from both Tyndall Air Force Base and Naval Support Activity Panama City Beach. This home has undergone a comprehensive renovation between 2019 and 2021, reflecting quality craftsmanship and modern design throughout. Upgrades include durable tile flooring, as well as a fully reimagined kitchen equipped with quartz countertops, an undermount sink, pot filler, updated appliances, under-cabinet lighting, and an expansive walk-in pantry--ideal for both everyday living and entertaining. The living area is designed to be both inviting and functional, featuring a stylish electric fireplace complemented by custom built-in cabinetry, creating a warm and sophisticated gathering space. The primary suite serves as a private retreat, complete with elegant French doors that open directly to the pool area, enhancing the home's seamless indoor-outdoor flow. The en-suite bathroom is well-appointed with dual vanities, a jetted soaking tub, a tiled walk-in shower with built-in seating, and a private water closet. The outdoor living space is equally impressive, offering a fully fenced backyard designed for privacy and relaxation. The in-ground Gunite chlorine pool, enclosed within a screened lanai, was resurfaced in 2021, providing both aesthetic appeal and long-term peace of mind. Additional features include a 16' x 10' powered storage shed suitable for a workshop or hobby space, a full irrigation/sprinkler system, a hard-wired security system with cameras and dual network video recorders, and a partially floored attic for added storage capacity. This well-maintained property presents a rare opportunity to own a move-in ready home that combines modern upgrades, functional design, and exceptional outdoor living in one of the area's most established communities. Schedule your private showing today. All measurements are approximate and should be verified by the buyer if deemed important.

Getting Around

25
WalkingCar-Dependent
28
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

2/10
2/10
Jinks Middle SchoolGrades 6-81.9 mi
4/10
Bay High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Electric Water Heater

Bedroom

  • Level: First
  • Dimensions: 12 x 11

Bedroom

  • Level: First
  • Dimensions: 12 x 12

Bedroom

  • Level: First
  • Dimensions: 12 x 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Dining Room

  • Level: First
  • Dimensions: 13 x 13

Features

  • Smart Home

Garage

  • Level: First
  • Dimensions: 22 x 20

Great Room

  • Level: First
  • Dimensions: 20 x 20

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,588
  • Total interior livable area: 2,588 sqft

Kitchen

  • Level: First
  • Dimensions: 18 x 12

Laundry

  • Level: First
  • Dimensions: 6 x 5

Master Bedroom

  • Level: First
  • Dimensions: 16 x 16

Property

Details

  • Parcel number: 12987113000
  • Zoning description: City, Resid Single Family
  • Special condition: Listed As-Is

Features

  • Private pool: Yes
  • Pool features: Gunite,In Ground,Screen Enclosure,Private
  • Patio & porch: Covered,Patio,Porch,Screened
  • Exterior features: Porch,Rain Gutters
  • Fencing: Fenced

Lot

  • Lot size: 0.37 Acres
  • Features: Sprinkler System,Paved
  • Lot size dimensions: 178 x 70 x 165 x 125

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
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Strong Wind
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

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

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$281$3,372
Property Taxes $665$7,980
Electricity $260$3,125
Total$4,113$49,356
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$141,017/yr
40% on housing$123,390/yr
45% on housing$109,680/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

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.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$222This listing

vs Other Active Listings

Avg $/sqft

ZIP 32405$204
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32405$196
Bay County$205

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

DateEventPrice
2026-03-23Listed for sale$585,000
2026-01-08Listing removed$535,000
2026-01-01Pending sale$535,000
2025-12-29Listed for sale$535,000
2009-08-31Sold$275,000
2009-05-11Listing removed$365,000
2009-03-20Price change$365,000
2009-02-20Listed for sale$399,000
2007-04-17Sold$433,000
2005-08-25Sold$375,000
2000-07-11Sold$244,200

For Sale by Agent

AgentAyesha Albibi
BrokerageCentergate Realty LLC

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