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122 Seagrass Way, Panama City Beach, FL, 32407

3beds
3baths
1,432sqft
$285,000
$199price/sqft
$2,045/moest. monthly cost
$81,800/yrincome needed

About This Home

Looking for the perfect family home? This charming 3-bedroom, 2.5-bathroom house in the lovely Palm Cove neighborhood just moments from the white sand beaches is ready for you!.You'll find a spacious master bedroom on the first floor with a big walk-in closet—great for keeping everything organized. The kitchen has been completely updated with new countertops, modern light fixtures, and new appliances. Plus, there's an oversized pantry for all your snacks and groceries!Conveniently located on the main level, the half bath is perfect for visitors. You'll also enjoy a dedicated laundry room with a washer and dryer included—making laundry days easier. Upstairs, there are two cozy bedrooms that share a nice Jack and Jill bathroom, perfect for the kids! With new light fixtures throughout and easy-to-clean luxury flooring, this home is both stylish and practical.Tile flooring in the common areas makes maintenance a breeze, and new blinds on every window provide comfort and privacy.Located in a friendly community, this home is close to schools, parks, and fun family activities. Don't miss out on this wonderful opportunity—schedule a visit today and make this house your family's new home!

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

7/10
Surfside Middle SchoolGrades 6-82.3 mi
4/10
J.R. Arnold High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Composition,Shingle
  • Construction materials: Stone

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Bedroom

  • Level: Second
  • Dimensions: 14 x 13

Bedroom

  • Level: Second
  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Great Room

  • Level: First
  • Dimensions: 19 x 15

Interior Area

  • Total structure area: 1,432
  • Total interior livable area: 1,432 sqft

Master Bedroom

  • Level: First
  • Dimensions: 12 x 13

Property

Details

  • Parcel number: 34039744000
  • Attached to another structure: Yes

Features

  • Pool features: Community

Lot

  • Lot size dimensions: 0 x 0

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
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Heat 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 $1,441$17,292
Home Insurance *$102$1,224
Property Taxes $305$3,660
Electricity $197$2,366
Total$2,045$24,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,114/yr
40% on housing$61,350/yr
45% on housing$54,533/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

$199This listing

vs Other Active Listings

Avg $/sqft

ZIP 32407$274
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32407$231
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
2026-01-23Listed for sale$319,000
2025-06-10Listing removed$2,300
2025-04-28Price change$2,300
2025-03-12Listed for rent$2,600
2022-11-02Listing removed--
2022-09-11Listed for rent$2,500
2020-10-26Sold$195,000
2020-09-04Listed for sale$195,000
2020-07-05Listing removed$199,500
2020-05-01Listed for sale$199,500
2014-07-16Sold$119,500
2014-04-29Listing removed$1,150
2014-04-29Listed for sale$129,900
2014-04-19Listed for rent$950
2013-03-12Listing removed$1,095
2013-02-05Listed for rent$1,095
2012-03-07Listing removed$1,095
2012-02-15Listed for rent$1,095
2011-12-16Sold$75,000
2011-05-25Listing removed$79,000
2011-04-21Listed for sale$79,000
2005-10-07Sold$177,900

For Sale by Agent

AgentMowayne Copeland
BrokerageKeller Williams Success Realty

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