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For sale
    • $339,900

    138 White Cap Way, Panama City Beach, FL 32407

    3beds
    1,305sqft
    : 
    $2,349/mo
    Get pre-qualified
    Single Family Residence
    Built in 2006
    4,791 Square Feet Lot
    $326,000 Zestimate®
    $260/sqft
    $166/mo HOA

    What's special

    Turnkey and fully updated, this three-bedroom, two-bathroom home in the gated Palm Cove community offers the ideal setup for a full-time residence or an immediate rental property. This house is being sold mostly furnished with all-new furniture. Recent interior updates include new flooring, fresh paint throughout, new light fixtures and more. The newly installed vinyl plank flooring and furniture offer both modern appeal and the durability needed for the beach lifestyle. The attached one-car garage provides dedicated parking and storage. Outside, a new raised concrete patio overlooks a large wooded area that only a handful of homes in the community back up to. Residents of the Palm Cove subdivision enjoy access to a community pool and playground. This home is situated in the heart of Panama City Beach, just over a mile from one of the main public beach areas and near local restaurants like Saltwater Grill, Bella Roma Tuscan Grill, and Firefly. This home offers a great opportunity to join the beachy Florida lifestyle without breaking the bank!
    10 days
    |
    833
    |
    55
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Beninateam 706-615-5336,

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 792988MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Bedroom, Kitchen, Primary Bedroom
      Primary bedroom
      • Description: Buyer may confirm measurements.
      • Level: First
      • Dimensions: 12 x 15.5
      Bedroom
      • Description: Buyer may confirm measurements.
      • Level: First
      • Dimensions: 11 x 12
      Bedroom
      • Description: Buyer may confirm measurements.
      • Level: First
      • Dimensions: 11 x 10
      Kitchen
      • Description: Buyer may confirm measurements.
      • Level: First
      • Dimensions: 13 x 10
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Oven, Electric Range, Electric Water Heater
      Features
      • Double Vanity, Main Level Primary, Tub Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 1,305
      • Total interior livable area: 1,305 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Covered, Patio
      • Exterior features: Deck, Patio
      • Pool features: Community
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 50 x 109 x 34 x 109
      • Features: Paved
      Details
      • Parcel number: 34039769000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Foundation: Slab
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Playground, Pool, Community Pool, Gated, Short Term Rental Allowed
      • Security: Gated Community, Security Service
      • Subdivision: Palm Cove Phase III
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      • Services included: Maintenance Grounds, Playground, Pool(s), Trash
      • HOA fee: $497 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $340,323
      • Annual tax amount: $1,546
      • Date on market: 7/28/2026
      • Cumulative days on market: 3 days
      • Electric utility on property: Yes

        Estimated market value

        $326,000

        $310,000 - $342,000

        $2,076/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$339,900-5.6%$260/sqft
        Source: CPAR #792988 Report a problem
        4/9/2026Listing removed$359,900$276/sqft
        Source: CPAR #787909 Report a problem
        4/4/2026Listed for sale$359,900+24.1%$276/sqft
        Source: CPAR #787909 Report a problem
        10/23/2025Sold$290,000-3.3%$222/sqft
        Source: CPAR #771488 Report a problem
        9/11/2025Pending sale$299,900$230/sqft
        Source: CPAR #771488 Report a problem
        9/2/2025Price change$299,900-2.3%$230/sqft
        Source: CPAR #771488 Report a problem
        6/27/2025Price change$307,000-1.6%$235/sqft
        Source: CPAR #771488 Report a problem
        5/5/2025Price change$312,000-2.2%$239/sqft
        Source: CPAR #771488 Report a problem
        4/5/2025Listed for sale$319,000+6.7%$244/sqft
        Source: CPAR #771488 Report a problem
        4/2/2025Listing removed$299,000$229/sqft
        Source: Stellar MLS #O6284424 Report a problem
        3/21/2025Price change$299,000-5.1%$229/sqft
        Source: Stellar MLS #O6284424 Report a problem
        3/19/2025Price change$315,000-1.6%$241/sqft
        Source: Stellar MLS #O6284424 Report a problem
        3/7/2025Listed for sale$320,000+86%$245/sqft
        Source: Stellar MLS #O6284424 Report a problem
        4/7/2017Sold$172,000-3.9%$132/sqft
        Source: CPAR #654801 Report a problem
        1/31/2017Listed for sale$179,000-27.7%$137/sqft
        Source: Palm Realty of PCB Inc #654801 Report a problem
        6/30/2006Sold$247,600$190/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,546 +2%$161,769 +3%
        2023$1,516 +11.2%$157,057 +3%
        2022$1,363 $152,483
        2021-- --
        2020$1,357 +2%$145,998 +2.3%
        2019$1,331 $142,716 +1.2%
        2018$1,331 -0.1%$141,022 +36.9%
        2017$1,332 -0.4%$103,013 -0.4%
        2016$1,338 -6%$103,468 -1.3%
        2015$1,424 $104,850 -1.5%
        2014$1,424 $106,478 -0.6%
        2013-- $107,118 -3.9%
        2012-- $111,409 -5.9%
        2011-- $118,335 -4.4%
        2010-- $123,831 -11.5%
        2009-- $139,962 -6.3%
        2008-- $149,301 -13.1%
        2007-- $171,749
        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.
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        Climate risks

        Neighborhood: 32407

        Getting around

        28 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hutchison Beach
        • Middle: Surfside
        • High: Arnold

        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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