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508 Parkwood Drive, Panama City, FL 32405

$585,000
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Active Under Contract
BEDS4 BATHS2 full 1 partial SQUARE FEET2,262 MLS#778798
STATUSActive Under Contract PROPERTY TYPEResidential - Single Family SUBDIVISIONThe Woods Phase 2

Property Description

Pool home with RV and boat parking and no HOA, located on a quiet dead-end street in the desirable Woods neighborhood of Panama City. This beautifully updated 4-bedroom, 2. 5-bath home offers over 2,260 square feet of living space on a spacious 0. 31-acre lot and has been extensively renovated within the past three years with major upgrades including a new roof, updated cabinetry, appliances, flooring, bathrooms, and solar panels for improved energy efficiency. Inside, the home features a bright and open layout with updated ceramic tile flooring, modern fixtures, and comfortable living spaces designed for both everyday living and entertaining. The kitchen is centered around a large island with abundant cabinet storage and a generously sized pantry with custom shelving, while the dining area overlooks the backyard and pool. The primary suite provides a spacious retreat with a massive walk-in closet and a beautifully renovated bathroom featuring a double shower. The flexible floor plan also includes a dedicated office space ideal for working from home along with an oversized laundry room comparable in size to an additional bedroom. Outdoor living is one of the standout features of this property. The backyard showcases a brand-new ozone pool with tanning shelf and all new equipment, along with a pergola that creates a shaded space perfect for relaxing or entertaining. The fully fenced yard provides privacy and room to enjoy the outdoor setting. For those needing additional storage or parking, the property includes a 23' by 35' concrete pad ideal for an RV, boat, trailer, or multiple recreational vehicles. The finished garage features painted flooring, attic access, and a secondary door leading to the backyard. A detached shed with electrical service offers additional workspace or storage. Additional improvements include a whole-home generator, two 50-amp power plugs, built-in security cameras, and a sprinkler system powered by a private well that can also connect to city water. Conveniently located just minutes from shopping, dining, medical facilities, and downtown Panama City, this home offers the rare combination of major upgrades, energy efficiency, resort-style outdoor living, and space to park your boat or RV without the restrictions of an HOA. Solar panels are paid off.

508 Parkwood Drive | MLS# 778798

This single family home located at 508 Parkwood Drive, Panama City, FL 32405 is currently listed for sale with an asking price of $585,000. This property was built in 1993 and has 4 bedrooms and 2 full and 1 partial baths with 2262 sq. ft. Parkwood Drive is located in the The Woods Phase 2 subdivision. Search The Woods Phase 2 real estate on www.realtymarkllc.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Fenced: Yes
Garage: 2
Heating: Central, Electric
Home Style: Contemporary
Lot Size: 0.31 Acres
Roof Type: Composition, Shingle
Taxes: $6,495
Year Built: 1993

Amenities

Patio

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven
Community Features: Short Term Rental Allowed
Days on Site: 210
Exterior: Brick, Wood Frame
Fencing: Fenced, Privacy
Lot: Sprinkler System, Paved
Lot Dimensions: 90x150
Parcel#: 12987-098-000
Parking: Additional Parking, Garage, Garage Door Opener, Paved, RV Access/Parking
Parking Notes: Additional Parking, Garage, Garage Door Opener, Paved
Patio/Porch: Covered, Patio
Pool: Fenced, Gunite, In Ground, Private
Security: Smoke Detector(s)
Sewer: Public Sewer
Swimming Pool: Yes
Utilities: Electricity Available

Room Sizes

Office: 15 X 10 Level - First
Bedroom: 15 X 10 Level - First
Bedroom: 15 X 10 Level - First
Primary Bedroom: 25 X 20 Level - First

Local Schools

High School: Bay
Middle School: Jinks
Elementary School: Hiland Park

Listed By / Shown By

Listed By

Agency Name: Beach House Sales and Development

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 2,013.83 per month $1,301.96 Principal & Interest $541.25 Property Tax $170.63 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:54:33 AM EST) or Stellar MLS (last updated Fri 04/17/2026 12:44:11 AM EST) or GSMLS (last updated Fri 04/17/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:47:19 AM EST) or Beaches MLS (last updated Fri 04/17/2026 12:47:20 AM EST) or Naples MLS (last updated Thu 04/16/2026 11:41:16 PM EST) or Bright MLS (last updated Thu 04/16/2026 7:53:33 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:49:37 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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