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Sold for $594,000
    • $594,000

    314 Red Cedar Ln, Panama City Beach, FL 32407

    4beds
    2,201sqft
    Single Family Residence
    Built in 2025
    0.51 Acres Lot
    $590,200 Zestimate®
    $270/sqft
    $3,208 Estimated rent

    Home value

    $590,200

    $531,000 - $655,000

    $3,208/mo

    Zestimate® history
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    What's special

    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Welcome to this stunning new construction Craftsman-style home, offering modern elegance, thoughtful design, and a one-year builder warranty. Located in the Greenwood Heights subdivision with no HOA fees, this home is conveniently near Hathaway Bridge, the Navy base, and just 10 minutes from the beach. Step inside to an open-concept floor plan featuring a bright and spacious living area with large windows that allow a flood of natural light, an electric fireplace, built-in glass shelving, and additional cabinetry, perfect for a bar set up. The gourmet kitchen boasts soft-close cabinets, Samsung stainless steel appliances, quartz countertops, and a stylish backsplash, while the laundry room includes extra cabinetry and a sink for added convenience. The primary suite is a luxurious retreat with a walk-in closet and an elegant ensuite bathroom, complete with a double vanity, Delta plumbing fixtures, and a large walk-in shower with a glass door. Two additional bedrooms are located on the opposite side of the home, sharing a well-appointed bathroom with a tub-shower combo. At the front of the home, a versatile office or flex bedroom overlooks the beautifully landscaped front yard, providing a perfect space for work or relaxation. Enjoy Florida's year-round sunshine on the covered patio, overlooking the fully fenced backyard with evergreen trees for added privacy. The home also features a covered front porch, extra large paved driveway, rain gutters throughout, and beautifully illuminated palm trees. This brand-new home in a prime location won't last long - schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Marina Grigoryan 850-200-0834,

    Coldwell Banker Realty

    Bought with:

    Stacey H Ellis

    Hitchcock Real Estate LLC

    Source: CPAR,MLS#: 770919MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Full Bath, Garage, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Porch
    Primary bedroom
    • Level: First
    • Dimensions: 15.1 x 14.8
    Bedroom
    • Level: First
    • Dimensions: 11.1 x 11
    Bedroom
    • Level: First
    • Dimensions: 12 x 12.1
    Bedroom
    • Level: First
    • Dimensions: 13.9 x 10.5
    Primary bathroom
    • Level: First
    • Dimensions: 10.15 x 10.6
    Other
    • Level: First
    • Dimensions: 8.1 x 8.7
    Garage
    • Level: First
    • Dimensions: 22.2 x 22
    Kitchen
    • Level: First
    • Dimensions: 10.3 x 17.1
    Laundry
    • Level: First
    • Dimensions: 9.6 x 4.3
    Living room
    • Level: First
    • Dimensions: 15.1 x 15.2
    Porch
    • Description: Back Porch
    • Level: First
    • Dimensions: 10 x 20.3
    Heating
    • Central, Electric, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s), Whole House Fan
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 2,201
    • Total interior livable area: 2,201 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Garage Door Opener, Paved
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio, Porch
    • Exterior features: Rain Gutters
    • Fencing: Full,Fenced,Privacy
    Lot
    • Size: 0.51 Acres
    • Dimensions: 224 x 70 x 117 x 48 x 64 x 17
    • Features: Sprinkler System
    Details
    • Parcel number: 27344732000
    • Zoning description: Resid Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • HardiPlank Type, Wood Frame
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Security: Smoke Detector(s)
    • Subdivision: Greenwood Heights
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $270/sqft
    • Tax assessed value: $110,667
    • Annual tax amount: $1,360
    • Date on market: 3/28/2025
    • Cumulative days on market: 2 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/21/2025Sold$594,000-1%$270/sqft
    Source: CPAR #770919 Report a problem
    3/28/2025Pending sale$599,999$273/sqft
    Source: ECAOR #972211 Report a problem
    3/28/2025Contingent$599,999$273/sqft
    Source: CPAR #770919 Report a problem
    3/28/2025Listed for sale$599,999$273/sqft
    Source: CPAR #770919 Report a problem
    3/28/2025Pending sale$599,999$273/sqft
    Source: CPAR #770919 Report a problem
    3/25/2025Listed for sale$599,999+451.7%$273/sqft
    Source: CPAR #770919 Report a problem
    1/18/2023Sold$108,750-5.4%$49/sqft
    Source: CPAR #730846 Report a problem
    1/7/2023Pending sale$115,000$52/sqft
    Source: ECAOR #910145 Report a problem
    1/7/2023Contingent$115,000$52/sqft
    Source: CPAR #730846 Report a problem
    1/6/2023Price change$115,000-4.2%$52/sqft
    Source: CPAR #730846 Report a problem
    12/15/2022Price change$120,000-3.6%$55/sqft
    Source: ECAOR #910145 Report a problem
    11/7/2022Price change$124,500-3.9%$57/sqft
    Source: CPAR #730846 Report a problem
    11/4/2022Price change$129,500-0.3%$59/sqft
    Source: ECAOR #910145 Report a problem
    10/15/2022Price change$129,900+0.3%$59/sqft
    Source: ECAOR #910145 Report a problem
    10/13/2022Price change$129,500-0.3%$59/sqft
    Source: CPAR #730846 Report a problem
    10/8/2022Price change$129,900-7.1%$59/sqft
    Source: CPAR #730846 Report a problem
    8/26/2022Price change$139,900-3.5%$64/sqft
    Source: CPAR #730846 Report a problem
    8/14/2022Listed for sale$145,000+12.4%$66/sqft
    Source: CPAR #730846 Report a problem
    3/31/2022Sold$129,000+60.8%$59/sqft
    Source: Public Record Report a problem
    6/23/2021Sold$80,200$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,360 -0.4%$110,667 +1.3%
    2023$1,366 +99.2%$109,250 +84.2%
    2022$686 $59,298
    2021-- --
    2020$614 +10.9%$46,540 +10%
    2019$553 $42,309 +10%
    2018$553 +14.4%$38,463 +10%
    2017$484 +9.8%$34,966 -3.5%
    2016$441 -7.8%$36,226 +0%
    2015$478 $36,225
    2014$478 $36,225
    Find assessor info on the county website

    Neighborhood: 32407

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • 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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