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For sale
  • $374,500

    1227 Capri Dr, Panama City, FL 32405

    3beds
    1,572sqft
    : 
    $2,381/mo
    Get pre-qualified
    Townhouse
    Built in 1985
    3,058 Square Feet Lot
    $359,000 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Modern touchless faucetCozy fireplaceGranite countertopsLow-maintenance trex deckingSpectacular sunset viewsThree tiers of decksLarge ceiling fans
    Seller welcomes all reasonable offers! Don't miss this incredible waterfront opportunity! If you've ever dreamed of stepping from your own 25-foot private deck onto your boat, jet ski, kayak, or paddleboard and spending the day exploring the bay, the Gulf, or beautiful Shell Island, this is the home you've been waiting for. At the end of the day, unwind on your private upstairs balcony in the included hammock, where large ceiling fans keep you cool while you enjoy what many call ''the area's best-kept secret''--spectacular sunset views. Then relax in your luxurious double Jacuzzi tub after a day on the water. Love fishing? Cast a line right from your deck for redfish, flounder, blue crab, and jumping mullet, or simply watch dolphins and the occasional curious manta ray swim by. Inside, the first floor offers a spacious open layout with ceramic tile flooring throughout the living and dining areas. The inviting kitchen features granite countertops, a modern touchless faucet, and plenty of space for entertaining. A cozy fireplace creates the perfect gathering place on cooler evenings, while the attached garage features a durable epoxy-coated floor for easy maintenance. Enjoy peace of mind with a 2024 HVAC system and a 2023 water heater with an auto-booster system, ensuring you'll always have plenty of hot water. Outdoor living is just as impressive with three tiers of decks, beautifully rebuilt in 2022 using low-maintenance Trex decking, plus an electric SunSetter awning that provides comfortable shade while you relax and enjoy the waterfront lifestyle. Seller welcomes all reasonable offers--this is an excellent opportunity to own a waterfront home with bay access, no HOA, and an unbeatable coastal lifestyle. Don't miss your chance to make it yours! Extremely well insulated for comfort and energy and centrally located in Bay County. If you'd like a well maintained waterfront home and No escalating HOA'' that offers a perfect blend of comfort, convenience in a laid-back coastal lifestyle you've been dreaming of this home may be for you!
    109 days
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    291
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    14
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Limmer 850-319-7316,

    Coastal Palms Real Estate,

    Brandie Allon 850-960-5990,

    Coastal Palms Real Estate

    Source: CPAR,MLS#: 788703MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Dining Room, Family Room, Garage, Laundry
      Dining room
      • Description: 10
      • Level: First
      • Dimensions: 13 x 10
      Family room
      • Level: First
      • Dimensions: 21 x 14
      Garage
      • Level: First
      • Dimensions: 20 x 14
      Laundry
      • Level: First
      • Dimensions: 8 x 6
      Heating
      • Forced Air, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater, Ice Maker
      Features
      • Balcony, Interior Steps, Tub Shower, Walk-In Pantry, Instant Hot Water
      • Has fireplace: Yes
      Interior area
      • Total structure area: 1,572
      • Total interior livable area: 1,572 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage, Garage Door Opener, Paved
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Balcony, Deck, Covered, Patio
      • Exterior features: Covered Patio, Deck, Dock, Rain Gutters
      • Has view: Yes
      • View description: Canal
      • Has water view: Yes
      • Water view: Canal
      • Waterfront features: Canal Access, Seawall
      Lot
      • Size: 3,058 Square Feet
      • Dimensions: 22 x 139
      • Features: Cul-De-Sac, Paved
      Details
      • Parcel number: 11727347101
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Stucco, Wood Frame
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1985

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Security: Fire Alarm
      • Subdivision: Venetian Villa
      HOA
      • Has HOA: No
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $238/sqft
      • Tax assessed value: $171,312
      • Annual tax amount: $636
      • Date on market: 4/22/2026
      • Cumulative days on market: 110 days

        Estimated market value

        $359,000

        $341,000 - $377,000

        $2,218/mo

        Price history

        DateEventPrice
        4/22/2026Listed for sale$374,500+123%$238/sqft
        Source: CPAR #788703 Report a problem
        1/5/2005Sold$167,900$107/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$617 -11.3%$150,290 +3%
        2023$696 +1.3%$145,913 +17.1%
        2022$687 $124,632
        2021-- --
        2020$670 +87%$120,300 +0.1%
        2019$358 $120,229 -13.2%
        2018$358 -15.7%$138,506 -0.8%
        2017$425 -0.6%$139,607 -0.7%
        2016$428 -5.9%$140,630 +0.3%
        2015$455 $140,192 -1%
        2014$455 $141,568 -1%
        2013-- $142,944 -9.2%
        2012-- $157,393 -2%
        2011-- $160,558 +0.4%
        2010-- $159,901 +2.1%
        2009-- $156,686 +0.1%
        2008-- $156,529 +2.3%
        2007-- $153,069 +2.5%
        2006-- $149,336 +3%
        2005-- $144,986 +82.4%
        2004-- $79,500
        2003-- $79,500 +17.4%
        2002-- $67,712 +1.6%
        2001-- $66,646 +3%
        2000-- $64,705
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32405

        Getting around

        1 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Northside
        • Middle: Mowat
        • High: Mosley

        Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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