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Sold for $490,000
  • $490,000

    1251 Capri Dr, Panama City, FL 32405

    3beds
    2,093sqft
    Townhouse
    Built in 1984
    4,407 Square Feet Lot
    $487,000 Zestimate®
    $234/sqft
    $2,285 Estimated rent

    Home value

    $487,000

    $443,000 - $536,000

    $2,285/mo

    Zestimate® history
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    What's special

    Stone fireplacePrivate dockDeep-water bayfront homeSpacious laundry roomExpansive viewsSunroom facing the waterPure bay views
    WATERFRONT dreams come true in this spacious, bayfront home with pure Bay views, a private dock, 2-car garage and NO HOA! This is where Shell Island trips, relaxed sunset evenings, and fishing trips become your everyday reality. This deep-water, bayfront home provides expansive views and quick access to the Bay and Gulf within minutes and is located at the end of the channel, ideal for vessels of all sizes. Leave from your private dock, spend the afternoon fishing, or cruise to Shell Island with ease. This waterfront residence offers 2,093 square feet with soaring, vaulted wood-clad, beamed ceilings, a stone fireplace and a sunroom facing the water that you'll never want to leave. 3 bedrooms and 2.5 bathrooms, thoughtfully-designed and renovated for comfortable coastal living with hardwood flooring throughout, this is a prime location for pure Bay views and an incredible use of space. The open kitchen features stainless appliances with gas range, ample cabinetry and large seating area for barstools, great for entertaining! The dining room has great water views and the modern, airy feel of bright light flowing is felt throughout. The waterfront primary suite offers peaceful views, walk-in closet, dual vanities, and tiled shower. Two additional bedrooms with spacious closets share a guest bath accessible by the hallway. A spacious laundry room, powder room for guests and two-car garage add convenience to this waterfront gem. Step outside the sunroom and enjoy an open wood deck with a pavered patio in a fenced yard with Florida palm trees. Step out of the fence and onto your private dock and landing which provides quality marine construction with a seawall, deck over the water, boat slip ready for your boat lift and a dock made with a durable wood-composite material for longevity on the water! Centrally located just minutes to Publix, dining, shopping, and approximately 25 minutes to the white sandy beaches, this home blends everyday convenience with the ultimate Panama City WATERFRONT lifestyle with NO HOA. And only 8 nautical miles to the Gulf of America, you'll be enjoying a short ride to the open Gulf through the Bay in just minutes. Don't miss your opportunity to own a waterfront gem in Panama City, Florida at an incredible price!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sostheim Group 850-814-4560,

    Corcoran Reverie

    Bought with:

    Kelly L Killick, 3555354

    EXP Realty LLC

    Source: CPAR,MLS#: 785313MLS 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: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Dimensions: 17 x 13
    Bedroom
    • Level: Second
    • Dimensions: 12 x 11
    Bedroom
    • Level: Second
    • Dimensions: 12 x 11
    Dining room
    • Level: First
    • Dimensions: 12 x 9
    Kitchen
    • Level: First
    • Dimensions: 9 x 10
    Living room
    • Level: First
    • Dimensions: 16 x 12
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Water Heater, Gas Cooktop
    Interior area
    • Total structure area: 2,093
    • Total interior livable area: 2,093 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Deck, Covered, Patio
    • Exterior features: Boat Slip, Covered Patio, Deck, Dock, Patio
    • Fencing: Full,Fenced
    • Has view: Yes
    • View description: Bay, Bayou
    • Has water view: Yes
    • Water view: Bay,Bayou
    • Waterfront features: Bayou, Seawall
    • Frontage length: 39
    Lot
    • Size: 4,407 Square Feet
    • Dimensions: 39 x 113
    • Features: Paved
    Details
    • Parcel number: 11728238000
    • 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
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Waterfront, Short Term Rental Allowed
    • Subdivision: Venetian Villa
    HOA
    • Has HOA: No
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $234/sqft
    • Tax assessed value: $250,868
    • Annual tax amount: $2,267
    • Date on market: 2/16/2026
    • Cumulative days on market: 15 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/8/2026Sold$490,000-4.9%$234/sqft
    Source: CPAR #785313 Report a problem
    3/4/2026Pending sale$515,000$246/sqft
    Source: ECAOR #995504 Report a problem
    2/16/2026Listed for sale$515,000+176.9%$246/sqft
    Source: CPAR #785313 Report a problem
    2/22/2013Sold$186,000$89/sqft
    Source: CPAR #605862 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,193 -3.7%$171,128 +3%
    2023$2,276 +4.6%$166,144 +3.3%
    2022$2,176 $160,819
    2021-- --
    2020$2,109 +15.9%$153,979 +0.4%
    2019$1,820 $153,387 -7.6%
    2018$1,820 -27.6%$165,970 +1.5%
    2017$2,513 +2.6%$163,476 -0.4%
    2016$2,450 -5.7%$164,133 -0.4%
    2015$2,599 $164,790 -0.7%
    2014$2,599 $165,933 -0.9%
    2013-- $167,361 +33.5%
    2012-- $125,398 +6.1%
    2011-- $118,200 +1.5%
    2010-- $116,453 +2.7%
    2009-- $113,391 +0.1%
    2008-- $113,278 +2.8%
    2007-- $110,245 +2.5%
    2006-- $107,556 +3%
    2005-- $104,423 +3%
    2004-- $101,382 +1.9%
    2003-- $99,492 +2.4%
    2002-- $97,160 +1.6%
    2001-- $95,630 +1.3%
    2000-- $94,375
    Find assessor info on the county website

    Neighborhood: 32405

    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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