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$280,000
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Property Description
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!
Full Property Details
Full Property Details for 206 Seahorse Wy
General
- Price: $280,000
- Taxes: $3,957 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 783476
- Updated: 1/13/2026
- Added to Site: 8 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Range, Electric Water Heater, Ice Maker
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Gated
- Pool: Yes
- Pool Description: Community
- Security/Safety: Security Gate, Gated Community
Exterior
- Exterior Features: Porch
- Porch/Patio/Deck: Covered, Porch, Screened
Location
- County: Bay
- Subdivision: Palm Cove
- Driving Directions: From Hathaway Bridge, stay on Back Beach Rd, left on R Jackson Blvd, right on Hutchison Blvd (Middle Beach Rd)right into Palm Cove Subdivision, right on Seashore Lane and left on Seahorse Way. Home is on the right.
School Information
- Elementary School: Hutchison Beach
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Contemporary
- Roof: Shake
- Sq. Ft. Source: Appraiser
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size: .06
- Lot Dimensions: 35 x 70
- Frontage: Private Road
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,957
- Tax Year: 2025
Disclosures and Reports
- Legal Description: PALM COVE PH 2 LOT 14 ORB 3884 P 599
- Property ID: 34039-514-000
Listed by Gibson Real Estate
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Schools
Schools serving 206 Seahorse Wy
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Hutchison Beach Elementary School 12900 Middle Beach Rd, Panama City, FL 32407 | K-5 | 1.1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 2.2 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 Seahorse Wy
Date
Details
Price
Change
Source
1/09/2026
Listed
$280,000
93.1%
MLS
3/21/2017
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 Seahorse Wy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,638
208%
$292,744
125%
2023
$1,180
12%
$130,187
6%
2021
$1,058
—
$122,714
-3%
2022
$1,061
—
$126,395
4%
2021
$1,058
3%
$121,020
2%
2019
$1,030
-7%
$118,299
-4%
2018
$1,104
-21%
$122,762
14%
2017
$1,397
26%
$107,659
29%
2016
$1,113
-4%
$83,586
-1%
2015
$1,158
-1%
$84,732
-2%
2014
$1,175
12%
$86,124
—
2013
$1,050
—
$86,528
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 Seahorse Wy
206 Seahorse Way, Panama City Beach, FL 32407 (MLS# 783476) is a Single Family property with 2 bedrooms and 2 full bathrooms. 206 Seahorse Way is currently listed for $280,000 and was received on January 10, 2026. Want to learn more about 206 Seahorse Way? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

