Sold for $280,000
Zestimate®
$280,000
5114 Debi Rd, Panama City, FL 32404
3beds
1,424sqft
Single Family Residence
Built in 2025
1.41 Acres Lot
$280,000 Zestimate®
$197/sqft
$2,112 Estimated rent
Home value
$280,000
$263,000 - $297,000
$2,112/mo
Zestimate® history
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What's special
Seller is offering up to $7500 toward buyer's closing cost.
New Construction under $300,00! Stunning 3-Bed, 2-Bath Home on 1.41 Acres in Panama City, FL
Welcome to your brand-new dream home in beautiful Panama City! This meticulously built 3-bedroom, 2-bathroom residence offers modern luxury and comfort on a spacious 1.41-acre lot. Perfectly situated in a peaceful setting with plenty of room to breathe, relax, and enjoy the Florida lifestyle.
Key Features:
- Spacious & Elegant Interior:** Soaring 9-foot ceilings create an open, airy atmosphere throughout the home.
- Gourmet Kitchen: Featuring stunning granite countertops, ample cabinetry, and modern appliances—ideal for entertaining and family gatherings.
- Durable & Stylish Flooring: Beautiful luxury vinyl plank (LVP) flooring throughout the main living areas and bedrooms, combining durability with a modern aesthetic.
- Comfort & Efficiency: Spray foam insulation ensures excellent energy efficiency and temperature regulation year-round.
- Bedrooms & Bathrooms: Three generous bedrooms provide plenty of space for family or guests. The master suite includes a private bath for added convenience.
- Outdoor Space: Large 1.41-acre lot offers endless possibilities for outdoor living, gardening, or future expansions.
- Prime Location: Close to Panama City's beaches, shopping, dining, and entertainment, yet nestled in a quiet, rural setting.
This new construction home offers the perfect blend of modern amenities and country tranquility. Don't miss your chance to own a brand-new home in one of Florida's most desirable areas!
**Schedule your private tour today!**
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 04:07am
Listed by:
Zach Z Barnes 850-381-2549,
Coldwell Banker Realty,
Rosa L Watts 850-381-1830,
Coldwell Banker Realty
Bought with:
Jessica J Albritton, 0706690
Beachy Beach Real Estate
Source: CPAR,MLS#: 772602
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 14 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Features
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 1,424
- Total interior livable area: 1,424 sqft
Property
Parking
- Parking features: No Garage
Lot
- Size: 1.41 Acres
- Dimensions: 102 x 600
Details
- Parcel number: 05893338010
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Frame
Condition
- New construction: Yes
- Year built: 2025
Utilities & green energy
- Utilities for property: Electricity Available
Community & neighborhood
Location
- Region: Panama City
- Subdivision: Timberwood
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $280,000-3.4%$197/sqft |
Source: | ||
| 9/29/2025 | Pending sale | $290,000$204/sqft |
Source: | ||
| 9/25/2025 | Price change | $290,000-3%$204/sqft |
Source: | ||
| 7/27/2025 | Price change | $299,000-6.3%$210/sqft |
Source: | ||
| 7/23/2025 | Price change | $319,000-0.3%$224/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $291 +9.3% | $23,418 +10% |
| 2023 | $267 +8.5% | $21,289 |
| 2022 | $246 | $21,289 |
Find assessor info on the county website
Neighborhood: 32404
Nearby schools
GreatSchools rating
- 3/10Tommy Smith Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Merritt Brown Middle SchoolGrades: 6-8Distance: 1.1 mi
- 2/10Rutherford High SchoolGrades: 6-12Distance: 6.7 mi
Schools provided by the listing agent
- Elementary: Tommy Smith
- Middle: Merritt Brown
- High: Rutherford
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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Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$280,000
2% more+$5,600
With Zillow Showcase(estimated)$285,600
