Welcome to 3940 Richardson Road, where extensive updates, spacious living, and a beautiful outdoor setting come together on 1.76 acres in Panama City. The home has been extensively remodeled, with a roof installed in 2019 and numerous updates completed since then.
Inside, this two bedroom, one bathroom home features generously sized rooms and a versatile bonus room that can serve as an office, guest room, hobby space, or additional living area. A one car garage provides covered parking and extra storage space.
The outdoor setting is truly impressive, with beautiful landscaping, irrigation system and enormous mature weeping willow trees creating a peaceful atmosphere filled with natural character. Mill Bayou Creek flows through the back of the property, adding to the scenery and distinctive appeal. A separate shed provides additional space for tools, lawn equipment, and outdoor belongings.
With its updated interior, spacious rooms, flexible bonus room, garage, acreage, mature trees, and creek frontage, this property offers a wonderful combination of comfort, space, and natural beauty.
For sale
$350,000
3940 Richardson Rd, Panama City, FL 32404
2beds
1,466sqft
Single Family Residence
Built in 1997
1.76 Acres Lot
$334,400 Zestimate®
$239/sqft
$-- HOA
What's special
Separate shedOne car garageUpdated interiorBeautiful outdoor settingExtensive updatesVersatile bonus roomMature trees
- 16 days
- 199
- 20
Zillow last checked:
Listing updated:
Listed by:
The Golden Collective 850-532-2773,
Empire Real Estate of Florida LLC,
Stephanie Aldea 850-532-2773,
Empire Real Estate of Florida LLC
Source: CPAR,MLS#: 795292
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Bedroom, Bonus Room
Bedroom
- Description: buyer to verify all measurements
- Level: First
- Dimensions: 20 x 14
Bedroom
- Description: buyer to verify all measurements
- Level: First
- Dimensions: 12 x 14
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven
Interior area
- Total structure area: 1,466
- Total interior livable area: 1,466 sqft
Property
Parking
- Total spaces: 1
- Parking features: Drive Through
- Garage spaces: 1
Features
- Patio & porch: Covered, Patio, Porch
Lot
- Size: 1.76 Acres
- Dimensions: 115.0 ft x 670.0 ft
- Features: Sprinkler System
Details
- Additional structures: Shed(s)
- Parcel number: 11510010000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1997
Community & HOA
Community
- Subdivision: [No Recorded Subdiv]
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $239/sqft
- Tax assessed value: $147,060
- Annual tax amount: $1,007
- Date on market: 9/11/2026
- Cumulative days on market: 16 days
Estimated market value
$334,400
$318,000 - $351,000
$1,410/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Listed for sale | $350,000$239/sqft |
Source:  CPAR #795292 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,007 +3.9% | $117,810 +2.9% |
| 2024 | $969 +2.8% | $114,490 +3% |
| 2023 | $943 +11.4% | $111,155 +3% |
| 2022 | $846 | $107,917 |
| 2021 | -- | -- |
| 2020 | $675 -2.9% | $90,439 -1.9% |
| 2019 | $695 | $92,204 -9.4% |
| 2018 | $695 -15.6% | $101,769 +2.1% |
| 2017 | $823 +1.1% | $99,676 +2.1% |
| 2016 | $814 -2.1% | $97,626 +0.7% |
| 2015 | $831 | $96,947 +0.8% |
| 2014 | $831 | $96,178 +1.5% |
| 2013 | -- | $94,757 -1.3% |
| 2012 | -- | $95,968 +6.1% |
| 2011 | -- | $90,459 +1.5% |
| 2010 | -- | $89,122 +2.7% |
| 2009 | -- | $86,779 +0.1% |
| 2008 | -- | $86,692 +3% |
| 2007 | -- | $84,167 +2.5% |
| 2006 | -- | $82,114 +3% |
| 2005 | -- | $79,722 +3% |
| 2004 | -- | $77,400 +1.9% |
| 2003 | -- | $75,957 +3.8% |
| 2002 | -- | $73,208 +1.6% |
| 2001 | -- | $72,055 -0.4% |
| 2000 | -- | $72,359 |
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.Climate risks
Neighborhood: Cedar Grove
Nearby schools
Schools provided by the listing agent
- Elementary: Deer Point
- Middle: Merritt Brown
- High: Mosley
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Similar homes
- $369,0003 bd3 ba1.7k sqft4108 Transmitter Rd, Panama City, FL 32404For Sale
MLS ID #785869, Rebekah A Peterson. CPAR - $295,0004 bd2 ba1.7k sqft4097 Brighton Blvd, Panama City, FL 32404For Sale
MLS ID #795248, Jodi L Parrish. CPAR - $319,0003 bd2 ba1.4k sqft2431 Game Farm Rd, Panama City, FL 32405For Sale
MLS ID #792047, Diane Rushing. CPAR - $355,0004 bd3 ba1.7k sqft2614 Paige Cir, Panama City, FL 32405For Sale
MLS ID #795238, Alice de La Penha. CPAR - $320,0004 bd2 ba1.8k sqft2927 Patricia Ann Ln, Panama City, FL 32405For Sale
MLS ID #1007437, William C Gillespie, EXP Realty LLC. ECAOR
