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$290,000
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Property Description
Offering a $5,000 Seller Credit with an acceptable offer! Welcome to 7106 Penn Way; a move-in ready home where comfort, functionality, and family living come together. This Cali floor plan sits on a spacious lot in a quiet, community friendly subdivision. Step inside to a bright, open floor plan that's perfect for gatherings and everyday life. The spacious living area flows seamlessly into the kitchen and dining spaces, making it easy to stay connected while cooking dinner or helping with homework. The kitchen features rich cabinetry, stainless steel appliances, a large center island, and plenty of counter space - the kind of kitchen that quickly becomes the heart of the home. The split-bedroom layout offers privacy for the primary suite, complete with a double-sink vanity, soaking tub, and separate shower. Two additional bedrooms and a full bath give everyone their own space, whether for kids, guests, or a home office. Out back, enjoy a covered patio and fenced yard that's ready for backyard barbecues, playtime, or letting the dog run free. Tucked in a quiet, friendly neighborhood just minutes from Lynn Haven, Tyndall AFB, and downtown Panama City, this home offers quick access to schools, parks, and shopping; as well as a short drive to the beach for weekend fun. Whether you're starting out, growing your family, or simply looking for a place that feels like home, 7106 Penn Way delivers space, comfort, and community in one inviting package.
Full Property Details
Full Property Details for 7106 Penn Way
General
- Price: $290,000
- Taxes: $2,176 (2024)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 780342
- Updated: 12/2/2025
- Added to Site: 97 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Porch/Patio/Deck: Covered, Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Barrett's Park
- Driving Directions: Take Hwy 231 to Bayou George Rd. Turn right and continue straight onto Nordic Drive. Turn Right onto Hatteras Blvd., then left onto Penn Way. Home will be on the right.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Community
- Community Name: 05 - Bay County - East
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Traditional
- Sq. Ft. Source: Appraiser
- Year Built: 2020
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098
- Lot Size: .14
- Lot Dimensions: Irregular
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced, Privacy
Financial Considerations
- Tax Amount: $2,176
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BARRETTS PARK PLANTATION LOT 93 ORB 4228 P 1183
- Property ID: 05658-350-465
Listed by Think Real Estate
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Schools
Schools serving 7106 Penn Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 2.3 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 2.3 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 8.1 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 7106 Penn Way
Date
Details
Price
Change
Source
11/03/2025
Price Reduced
$290,000
-1.69%
MLS
10/13/2025
Listed
$295,000
29.05%
MLS
2/27/2020
Sold
$228,600
—
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 7106 Penn Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,176
2%
$212,181
3%
2023
$2,131
12%
$206,001
6%
2021
$1,901
—
$194,176
-3%
2022
$1,910
—
$200,001
597%
2021
$1,901
466%
$28,700
2%
2019
$336
762%
$28,000
775%
2018
$39
—
$3,200
—
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 7106 Penn Way
7106 Penn Way, Panama City, FL 32404 (MLS# 780342) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7106 Penn Way is currently listed for $290,000 and was received on October 13, 2025. Want to learn more about 7106 Penn Way? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

