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For sale
    • $270,000

    186 White Cap Way, Panama City Beach, FL 32407

    3beds
    1,432sqft
    : 
    $1,900/mo
    Get pre-qualified
    Townhouse
    Built in 2005
    1,742 Square Feet Lot
    $259,000 Zestimate®
    $189/sqft
    $166/mo HOA

    What's special

    Breakfast barOpen layoutVaulted ceilingsTons of natural lightPrivate covered patioBright kitchenPlenty of cabinet space
    **BEST PRICED PALM COVE TOWNHOME** This roomy 3-bedroom, 3-bath townhome is your chance to own a slice of Panama City Beach without breaking the bank. Whether you're looking for your own coastal oasis or a short-term rental moneymaker, this spot checks all the boxes. Step inside and you're greeted by vaulted ceilings, tons of natural light, and an open layout that just feels good. New Carpet, flooring, and fixtures throughout the home. The main level features new floors, a spacious living area, and a bright kitchen with plenty of cabinet space, a breakfast bar, and stainless steel appliances. Head upstairs to a private loft-style bedroom with its own full bath, perfect for guests or Airbnb setups. Out back, you've got a private covered patio, ideal for post-beach chill sessions, grilling, or kicking back with a cold drink. The exterior is low-maintenance, the HOA is minimal, and the location? You're minutes to the beach, Pier Park, Shipwreck Island, St. Andrews State Park, shopping, dining, and all the tourist favorites that make PCB a vacation hotspot. Solid bones, fresh updates, and the flexibility to live in it, rent it out, or do both. Don't let this opportunity slip by—affordable beach-town real estate like this doesn't come along every day.
    7 days
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    35
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    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Hoey 850-303-4050,

    Think Real Estate

    Source: CPAR,MLS#: 793243MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Loft, Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 13 x 12
      Bedroom
      • Level: Second
      • Dimensions: 12 x 13
      Living room
      • Level: First
      • Dimensions: 17 x 13
      Loft
      • Level: Second
      • Dimensions: 14 x 13
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Interior Steps, Main Level Primary, Tub Shower, Loft
      Interior area
      • Total structure area: 1,432
      • Total interior livable area: 1,432 sqft

      Property

      Parking
      • Parking features: Gated
      Features
      • Patio & porch: Porch, Screened
      • Exterior features: Porch
      • Pool features: Community
      Lot
      • Size: 1,742 Square Feet
      • Dimensions: 63 x 25
      • Features: Paved
      Details
      • Parcel number: 34039796000
      • 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: Shingle
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Barbecue, Playground, Pool, Community Pool, Gated, Short Term Rental Allowed
      • Security: Gated Community, 24 Hour Security, Security Gate
      • Subdivision: Palm Cove
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      • Services included: Association Management, Legal/Accounting, Playground, Pool(s), Trash
      • HOA fee: $497 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $189/sqft
      • Tax assessed value: $242,455
      • Annual tax amount: $2,464
      • Date on market: 7/28/2026
      • Cumulative days on market: 6 days
      • Electric utility on property: Yes

        Estimated market value

        $259,000

        $246,000 - $272,000

        $2,072/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$270,000-3.6%$189/sqft
        Source: CPAR #793243 Report a problem
        6/13/2026Listing removed$280,000$196/sqft
        Source: CPAR #775136 Report a problem
        3/5/2026Price change$280,000-3.4%$196/sqft
        Source: CPAR #775136 Report a problem
        11/3/2025Price change$290,000-1.7%$203/sqft
        Source: CPAR #775136 Report a problem
        6/19/2025Listed for sale$295,000-4.8%$206/sqft
        Source: CPAR #775136 Report a problem
        5/26/2022Listing removed--
        Source: CPAR #725889 Report a problem
        4/29/2022Pending sale$310,000+57.4%$216/sqft
        Source: CPAR #725889 Report a problem
        1/6/2006Sold$196,900$138/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,464 +2.1%$162,798 +10%
        2023$2,412 +37.9%$147,998 +10%
        2022$1,749 $134,544
        2021-- --
        2020$1,623 +26.3%$111,194 +10%
        2019$1,285 $101,085 +1.2%
        2018$1,285 -2.3%$99,899 +10%
        2017$1,316 +11.1%$90,817 +0.7%
        2016$1,185 +5.5%$90,209 +10%
        2015$1,122 $82,008 -0.3%
        2014$1,122 $82,275 +5.3%
        2013-- $78,106 -21.6%
        2012-- $99,680 -4%
        2011-- $103,790 -3.6%
        2010-- $107,628 -17.7%
        2009-- $130,748 -4.7%
        2008-- $137,222 -22%
        2007-- $175,978 -5.2%
        2006-- $185,720
        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

        32 / 100
        Car-Dependent
        46 / 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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