508 Parkwood Drive, Panama City, FL 32405

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Sold Price
$565,000
List Price
$585,000
Status
CLOSED
Closing Date
May 14, 2026
MLS#
778798
Subtype
Residential
Style
Contemporary
Year Built
1993
Bedrooms
4
Bathrooms
3
Full Baths
2
Half Baths
1
Lot Size
13,504
Acres
0.31
Subdivision
The Woods Phase 2
Neighborhood
Bay - Central NW
MLS Area Major
Bay County - Central

Property Description

Pool home with RV and boat parking and no HOA, located on a quiet dead-end street in the desirable Woods neighborhood of Panama City. This beautifully updated 4-bedroom, 2.5-bath home offers over 2,260 square feet of living space on a spacious 0.31-acre lot and has been extensively renovated within the past three years with major upgrades including a new roof, updated cabinetry, appliances, flooring, bathrooms, and solar panels for improved energy efficiency. Inside, the home features a bright and open layout with updated ceramic tile flooring, modern fixtures, and comfortable living spaces designed for both everyday living and entertaining. The kitchen is centered around a large island with abundant cabinet storage and a generously sized pantry with custom shelving, while the dining area overlooks the backyard and pool. The primary suite provides a spacious retreat with a massive walk-in closet and a beautifully renovated bathroom featuring a double shower. The flexible floor plan also includes a dedicated office space ideal for working from home along with an oversized laundry room comparable in size to an additional bedroom. Outdoor living is one of the standout features of this property. The backyard showcases a brand-new ozone pool with tanning shelf and all new equipment, along with a pergola that creates a shaded space perfect for relaxing or entertaining. The fully fenced yard provides privacy and room to enjoy the outdoor setting. For those needing additional storage or parking, the property includes a 23' by 35' concrete pad ideal for an RV, boat, trailer, or multiple recreational vehicles. The finished garage features painted flooring, attic access, and a secondary door leading to the backyard. A detached shed with electrical service offers additional workspace or storage. Additional improvements include a whole-home generator, two 50-amp power plugs, built-in security cameras, and a sprinkler system powered by a private well that can also connect to city water. Conveniently located just minutes from shopping, dining, medical facilities, and downtown Panama City, this home offers the rare combination of major upgrades, energy efficiency, resort-style outdoor living, and space to park your boat or RV without the restrictions of an HOA. Solar panels are paid off.

Additional Information

Exterior Features
Patio
Property Description
Contemporary
Zoning
Resid Single Family
Appliances
Electric Cooktop, Electric Oven
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Brick, Wood Frame
Roof
Composition, Shingle
Pool
Yes
Parking
Additional Parking, Garage, Garage Door Opener, Paved, RV Access/Parking
Garage Spaces
2
Elementary School
Hiland Park
Middle School
Jinks
High School
Bay

Listing courtesy of Beach House Sales and Development.

Selling Office: Beachy Beach Real Estate.

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