This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
$284,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/33
Property Description
VA Assumable Mortgage at 2.75%!! Welcome home to this extremely well-maintained property in the desirable Barrett's Park community! Tucked away on an offshoot street with very little through traffic, this home offers a quiet setting while still keeping you close to everything Panama City has to offer. From the moment you arrive, you'll notice the pride of ownership, with attractive landscaping and a home that has been exceptionally cared for inside and out. Step into the backyard and you'll find a fully fenced space that's perfect for kids, pets, entertaining, or simply enjoying the Florida weather. The screened-in back patio provides a comfortable place to relax, enjoy your morning coffee, or unwind at the end of the day. Location is another big advantage. Barrett's Park offers a convenient commute to Tyndall Air Force Base while keeping everyday shopping and dining close by. Publix and Starbucks are approximately 8 minutes away, downtown Panama City is about 15 minutes away, and the white-sand beaches of Panama City Beach are approximately 25 minutes away. If you're looking for a well-cared-for home with a fenced backyard, great outdoor living space, minimal through traffic, and convenient access to Tyndall AFB, shopping, dining, and the beach, this one deserves a look!
Full Property Details
Full Property Details for 7137 Penn Way
General
- Price: $284,900
- HOA FEE: $55/month
- HOA FEE FREQ.: Quarterly
- Taxes: (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 795385
- Updated: 9/15/2026
- Added to Site: 7 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Bay
- Subdivision: Barrett's Park
- Driving Directions: Hwy 231 to Bayou George Dr. Continue onto Nordic, right on Hatteras Blvd. Left at Penn Way and follow around to home.
School Information
- Elementary School: Tommy Smith
- Middle School: Merritt Brown
- High School: Deane Bozeman
Community
- Community Name: 05 - Bay County - East
- Association: Yes
- Assoc. Fees Include: Association Management
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: 2019
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: .2
- Lot Dimensions: 50 x 120
- Frontage: Private Road
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Association Fee: $166
- Assoc Fee Freq.: Quarterly
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BARRETTS PARK PLANTATION LOT 74 ORB 4175 P 1711
- Property ID: 05658-350-370
Listed by Keller Williams Success Realty
Get Pre-Approved Today
Schools
Schools serving 7137 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 | 2.2 mi |
Rutherford High School 1000 School Avenue, Panama City, FL 32401 | 6-8 | 8.1 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 7137 Penn Way
Date
Details
Price
Change
Source
9/14/2026
Listed
$284,900
31.62%
MLS
9/30/2019
Sold
$216,450
—
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 7137 Penn Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$214,601
3%
2024
-100%
$208,553
3%
2023
$2,046
10%
$202,478
6%
2021
$1,861
—
$190,855
-3%
2022
$1,870
—
$196,581
8%
2021
$1,861
454%
$182,090
550%
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 7137 Penn Way
7137 Penn Way, Panama City, FL 32404 (MLS# 795385) is a Single Family property with 4 bedrooms and 2 full bathrooms. 7137 Penn Way is currently listed for $284,900 and was received on September 14, 2026. Want to learn more about 7137 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.

