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Sold for $250,000
  • $250,000

    206 Seahorse Way, Panama City Beach, FL 32407

    2beds
    1,197sqft
    Single Family Residence
    Built in 2003
    2,613 Square Feet Lot
    $249,200 Zestimate®
    $209/sqft
    $1,957 Estimated rent

    Home value

    $249,200

    $227,000 - $274,000

    $1,957/mo

    Zestimate® history
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    What's special

    Charming beach cottagePrivate screened-in porchSpacious laundry room
    Motivated Seller! One of the lowest priced single family homes in PCB! Move in ready, no known repairs needed! Discover the perfect blend of family-friendly comfort and investor appeal in this charming beach cottage located in the desirable Palm Cove community. This home is just a short walk from the sugar-white sands of the Gulf and surrounded by fun and convenience. Enjoy an easy stroll (approx. 0.7 miles) to the beach via the Alf Coleman Road public access - your gateway to the World's Most Beautiful Beaches. This home is also just down the street from Shipwreck Island Water Park, making it perfect for family adventures. You're centrally located near all the action, with restaurants, mini-golf, and other attractions only minutes away. You'll enjoy resort-style amenities including two community pools and even a playground for the kids. Lush tropical landscaping lines the streets, and no yard work is needed - the HOA covers all lawn maintenance. There's even nightly security patrol for peace of mind, so you can truly relax and enjoy the beach life. Step inside to an open floor plan with soaring vaulted ceilings and easy-care tile & laminate flooring (no carpet anywhere!). This well-maintained 2 bedroom, 2 bath cottage features a large master suite with a walk-in closet and private en-suite bath, providing a comfy owners' retreat. A spacious laundry room adds convenience for washing towels after those beach days. The home has been very well maintained and is move-in ready, so you can start enjoying it right away. One of the highlights is the private screened-in porch, perfect for unwinding after a fun day in the sun. Sip a cold drink in the shade without any pests bothering you, or have family game night on the porch in the balmy Florida evenings. The yard is low-maintenance (thanks to the HOA), and a private driveway offers ample parking for you and your guests. Palm Cove has no rental restrictions, which means short-term vacation rentals are allowed here - a huge plus for investors or those looking to earn extra income. This home is priced to sell and offers incredible value for a single-family home this close to the beach. Whether you're seeking a solid rental property, a family vacation retreat, or a full-time forever home by the coast, 206 Seahorse Way checks all the boxes. Don't miss your chance to own this slice of beachside paradise in Panama City Beach. With its unbeatable location near the Gulf, family attractions like Shipwreck Island, and the comfort of a gated community, this Palm Cove gem won't last long. Schedule your showing today and get ready to enjoy the coastal lifestyle and potential investment rewards that await at 206 Seahorse Way!

    Zillow last checked:

    Listing updated:

    Listed by:

    Chris M Gibson 850-348-7685,

    Gibson Real Estate

    Bought with:

    Sebastian Wroblewski

    Beach Haven Realty

    Source: CPAR,MLS#: 783476MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Screened Porch
    Bedroom
    • Level: First
    • Dimensions: 11 x 10
    Primary bathroom
    • Level: First
    • Dimensions: 15 x 12
    Primary bathroom
    • Level: First
    • Dimensions: 8 x 8
    Other
    • Dimensions: 9 x 8
    Kitchen
    • Level: First
    • Dimensions: 16 x 14
    Living room
    • Level: First
    • Dimensions: 15 x 12
    Screened porch
    • Dimensions: 18 x 8
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater, Ice Maker
    Interior area
    • Total structure area: 1,197
    • Total interior livable area: 1,197 sqft

    Property

    Features
    • Patio & porch: Covered, Porch, Screened
    • Exterior features: Porch
    • Pool features: Community
    Lot
    • Size: 2,613 Square Feet
    • Dimensions: 35 x 70
    • Features: Paved
    Details
    • Parcel number: 34039514000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Stucco, Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle,Shake
    Condition
    • New construction: No
    • Year built: 2003

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Clubhouse, Playground, Pool, Community Pool, Gated, Short Term Rental Allowed
    • Security: Security Gate, Gated Community
    • Subdivision: Palm Cove
    HOA
    • Has HOA: Yes
    • Amenities included: Gated
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $292,744
    • Annual tax amount: $3,957
    • Date on market: 1/10/2026
    • Cumulative days on market: 48 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/25/2026Sold$250,000-7.4%$209/sqft
    Source: CPAR #783476 Report a problem
    2/27/2026Pending sale$269,900$225/sqft
    Source: CPAR #783476 Report a problem
    1/20/2026Price change$269,900-3.6%$225/sqft
    Source: CPAR #783476 Report a problem
    1/10/2026Listed for sale$280,000+93.1%$234/sqft
    Source: CPAR #783476 Report a problem
    3/21/2017Sold$145,000-2.7%$121/sqft
    Source: CPAR #649469 Report a problem
    12/4/2016Price change$149,000-0.7%$124/sqft
    Source: Coldwell Banker Carroll Realty, Inc. #649469 Report a problem
    8/15/2016Listed for sale$149,999+19.5%$125/sqft
    Source: Coldwell Banker Carroll Realty, Inc. #649469 Report a problem
    3/25/2016Sold$125,500-3.4%$105/sqft
    Source: CPAR #639482 Report a problem
    1/25/2016Price change$129,900-3.8%$109/sqft
    Source: Keller Williams - Panama City Beach #639482 Report a problem
    1/18/2016Listed for sale$135,000$113/sqft
    Source: Keller Williams Success Realty #639482 Report a problem
    9/6/2014Listing removed$135,000$113/sqft
    Source: Keller Williams - Panama City Beach #620228 Report a problem
    8/9/2014Price change$135,000-0.7%$113/sqft
    Source: Keller Williams - Panama City Beach #620228 Report a problem
    6/6/2014Price change$136,000-2.2%$114/sqft
    Source: Owner Report a problem
    5/10/2014Listed for sale$139,000+24.7%$116/sqft
    Source: Owner Report a problem
    1/17/2013Listing removed$995$1/sqft
    Source: Owner Report a problem
    11/20/2012Price change$995-9.1%$1/sqft
    Source: Owner Report a problem
    11/18/2012Listed for rent$1,095$1/sqft
    Source: Owner Report a problem
    11/19/2003Sold$111,500$93/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,638 +208.4%$292,744 +124.9%
    2023$1,180 +11.2%$130,187 +3%
    2022$1,061 $126,395
    2021-- --
    2020$1,053 +2.2%$121,020 +2.3%
    2019$1,030 $118,299 -3.6%
    2018$1,030 -6.7%$122,762 +14%
    2017$1,104 -21%$107,659 +28.8%
    2016$1,397 +20.6%$83,586 -1.4%
    2015$1,158 $84,732 -1.6%
    2014$1,158 $86,124 -0.5%
    2013-- $86,528 -4.7%
    2012-- $90,819 -7.1%
    2011-- $97,749 -5.5%
    2010-- $103,485 -16.4%
    2009-- $123,850 -7%
    2008-- $133,114 -15.5%
    2007-- $157,610 -6.5%
    2006-- $168,572 +59.5%
    2005-- $105,711 +10.7%
    2004-- $95,511
    Find assessor info on the county website

    Neighborhood: 32407

    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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