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Property Description
*HUGE Price Reduction - Seller Motivated* CUL-DE-SAC LIVING WITH SPACE TO GROW, FENCED BACKYARD, AND EASY HWY-231 ACCESS. Step inside to an airy, open-concept layout where daily life stays connected. The kitchen is the natural gathering spot--an island for quick breakfasts, a breakfast bar for homework chats, a pantry to keep essentials organized, and plenty of room for a big dining table. The great room flows for movie nights and game days, while a separate front flex room answers the need for a quiet office, playroom, or cozy media space. Upstairs, all four bedrooms are together just the way many buyers prefer. The private primary retreat features a double vanity, soaking tub, separate shower, and a walk-in closet; the additional bedrooms provide comfortable space for guests, hobbies, or working from home. Out back, a privacy-fenced yard is ready for pets, swing sets, and weekend grilling on the patio, with a handy storage shed to keep tools and beach gear tucked away. A smart thermostat, ceiling fans, and central HVAC help maintain comfort and efficiency year-round, and the two-car garage offers the storage and convenience you've been looking for. What makes this address stand out is how close it keeps you to everyday needs and weekend fun. In minutes you can be on Hwy 231 for an easy commute or quick errands; head into town for shopping and dining; explore nearby Bayou George and Deer Point Lake for boating, fishing, and paddling; or plan simple beach days on the Gulf. Parks, boat ramps, and local favorites are an easy drive, so plans come together fast. If you've been searching for a four-bedroom home with an open kitchen, true flex space, a fenced backyard, and a quiet cul-de-sac setting near Panama City conveniences, this one checks the boxes.
Full Property Details
Full Property Details for 7113 Shimano Way
General
- Price: $317,500
- Taxes: $3,222 (2024)
- Status: Active
- Type: Single Family
- Source: Emerald_Coast
- MLS ID: 988205
- Updated: 1/20/2026
- Added to Site: 164 day(s) ago
Interior
- Rooms/Areas: Bedroom, Kitchen, Living Room, Master Bedroom
- Interior Features: Breakfast Bar, Floor Vinyl, Floor WW Carpet, Kitchen Island
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Exterior
- Exterior Features: Fenced Back Yard, Fenced Privacy, Patio Covered, Patio Open
Parking
- Garage: Yes
- Parking: Garage Attached
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Olde Towne Village
- Driving Directions: From the PC Mall, go NORTH on HWY 231. Proceed approximately 8.8 miles and turn RIGHT onto Bayou George Drive. Continue STRAIGHT onto Nordic Drive. Turn RIGHT onto Hatteras Blvd. Turn LEFT onto Shimano Way. Property is in the cul-de-sac.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Rutherford
Heating & Cooling
- Heating/Cooling: AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Water Heater - Elect
Utilities
- Utility Description: Electric, Public Sewer, Public Water, TV Cable
Structural Information
- Architectural Style: Contemporary
- Stories/Levels: 2
- Square Feet: 2,382
- Sq. Ft. Source: County PA Records
- Year Built: 2019
Lot Features
- Lot Size (Acres): 0.14
- Lot Dimensions: 30 x 118
- Street/Road Desc.: Paved Road
- Lot Features: Cul-De-Sac
- Zoning: Resid Single Family
Financial Considerations
- Assessment Amount: $170
- Assmt Payment Freq: Quarterly
- Tax Amount: $3,222
- Tax Year: 2024
Disclosures and Reports
- Legal Description: BARRETTS PARK PLANTATION LOT 65 ORB 4451 P 1288
- Assessment: Yes
- APN: 05658-350-325
Listed by Salty Marlin Realty
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Schools
Schools serving 7113 Shimano Way
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Tommy Smith Elementary School 5044 Tommy Smith Drive, Panama City, FL 32404 | PK-5 | 2.2 mi |
Merritt Brown Middle School 5044 Merritt Brown Way, Panama City, FL 32404 | 6-8 | 2.2 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7113 Shimano Way
Date
Details
Price
Change
Source
1/20/2026
Price Reduced
$317,500
-11.81%
MLS
10/24/2025
Listed
$360,000
28.57%
MLS
8/23/2021
Sold
$280,000
—
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 7113 Shimano Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,448
7%
$278,641
8%
2024
$3,222
-4%
$257,680
-4%
2023
$3,365
33%
$268,861
29%
2021
$2,522
-10%
$208,705
-13%
2022
$2,800
11%
$239,054
14%
2021
$2,522
651%
$209,178
647%
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 7113 Shimano Way
7113 Shimano Way, Panama City, FL 32404 (MLS# 988205) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 7113 Shimano Way is currently listed for $317,500 and was received on October 24, 2025. Want to learn more about 7113 Shimano 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.

