928 Grace Avenue, Panama City, FL 32401

• 3 beds |
• 3 baths |
• 1,582 sqft

Property Description

New construction just blocks from downtown Panama City offering modern design, durable materials, and future income potential. This two story home features impact rated exterior doors and windows, cement board siding with board and batten accents, 3 bedrooms, 2.5 bathrooms, 1,582 square feet, and a 1 car garage. All bedrooms are located upstairs providing privacy and separation from the main living area. The main level features White Oak luxury vinyl plank flooring and real White Oak stair rail accents for a warm modern look. The kitchen includes quartz countertops, custom cabinetry, brushed gold hardware and fixtures, stainless steel appliances, designer lighting, and a walk in pantry. Bathrooms offer tile flooring and upgraded finishes. The primary suite includes a tray ceiling, double vanity, walk in shower, and spacious layout. A functional mudroom space sits just off the garage next to the half bath and connects to the main hallway from the front entry. Additional storage includes a large under stair closet. Built with 2x6 exterior walls and added insulation between floors for sound reduction. Irrigation system already installed. Zoned MU-3 on a deep 33 x 150 lot with alley access allowing potential for an accessory dwelling unit. Ideal for rental income, house hacking, guest quarters, or long term investment flexibility. Buyer to verify zoning and ADU requirements. Located near downtown Panama City restaurants, marina access, local events, and short drive to Tyndall Air Force Base and Panama City Beach. Financing incentives, new construction durability, and income potential make this a strong opportunity for primary buyers and investors alike. Up to a $5,500 lender credit available for qualified buyers. Schedule your showing today.

Listing Status:

Active

Date Added:

January 15, 2026

Data Last Updated:

April 2, 2026 at 5:22PM

Listing Office:

Corcoran Reverie SRB : 850-231-5030

Listing Agent:

Paul D Gibney : 850-775-7766

MLS ID:

992909

Interior

• General: Tray Ceiling(s)Kitchen IslandPantryShelving
• Appliances: CooktopDishwasherDisposalFreezerMicrowaveRefrigerator
• Flooring: VinylCarpet
• A/C: Central AirCeiling Fan(s)
• Heating:

Exterior

• General: Sprinkler System
• Style: Craftsman
• Parking: Garage Door OpenerGarage

Construction

• General: Trim AluminumSiding CmntFbrHrdBrd2Slab

Location

• Golf: LaundryShort Term Rental - Allowed
• Originating MLS: Emerald Coast Association of REALTORS®
• County: Bay

Lot

• Zoning: Resid Single Family18105-020-000
• Fencing: Fenced Lot-Part

Utilities

• Water: 0

Financial

• Source: Emerald Coast Association of REALTORS®