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$245,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • Updated 8 days ago
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This 4-bedroom, 2-bathroom home is located in the popular Barrett's Park neighborhood and offers plenty of space for comfortable living. The open floor plan makes it easy to entertain or enjoy time with family. The kitchen is modern and practical, with plenty of counter space and a large pantry for storage The fenced-in backyard provides privacy and is perfect for kids, pets, or outdoor gatherings. You'll also appreciate the 2-car garage for parking and extra storage This home is a great fit for anyone looking for a well-designed space in a fantastic neighborhood.

Full Property Details for 7123 Penn Way

General

  • Price: $245,000
  • Taxes: $3,102 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 777039
  • Updated: 1/9/2026
  • Added to Site: 169 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Breakfast Bar, Kitchen Island, Pantry
  • Appliances: Electric Oven, Electric Range, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Security/Safety: Fire Alarm

Exterior

  • Porch/Patio/Deck: Covered, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Bay
  • Subdivision: Barrett's Park
  • Driving Directions: From Panama City Mall, Head northeast on US-231 N toward Edward Ave, Turn right onto Bayou George Dr, Continue straight onto Nordic Dr 0.2 mi, Turn right onto Hatteras Blvd 0.2 mi, Turn left onto Penn Way The destination will be on the left

School Information

  • Elementary School: Tommy Smith

Community

  • Community Name: 05 - Bay County - East
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Coal

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: 50 x 120
  • Lot Features: Paved
  • Zoning: Resid Single Family
  • Fencing (Description): Fenced, Privacy

Financial Considerations

  • Tax Amount: $3,102
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: BARRETTS PARK PLANTATION LOT 81 ORB 4654 P 1583
  • Property ID: 05658-350-405

Listed by Legacy Premier Agency

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Listing agents

— 7123 Penn Way —

  • Legacy Premier Agency

  • Legacy Premier Agency

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7123 Penn Way

School District:Bay County School District
NameGradesDistance
Tommy Smith Elementary School
5044 Tommy Smith Drive, Panama City, FL 32404
PK-52.3 mi
Merritt Brown Middle School
5044 Merritt Brown Way, Panama City, FL 32404
6-82.3 mi
Rutherford High School
1000 School Avenue, Panama City, FL 32401
6-88.1 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 7123 Penn Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2025
Price Reduced
$245,000
-3.92%
MLS
8/01/2025
Listed
$255,000
-12.07%
MLS
2/01/2023
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
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 for 7123 Penn Way

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,102
1%
$247,942
-4%
2023
$3,057
30%
$259,128
33%
2021
$2,349
-3%
$194,176
-6%
2022
$2,420
3%
$206,147
618%
2021
$2,349
599%
$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 for 7123 Penn Way

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Legacy Premier Agency

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7123 Penn Way, Panama City, FL 32404 (MLS# 777039) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7123 Penn Way is currently listed for $245,000 and was received on August 01, 2025. Want to learn more about 7123 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.

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