1251 Capri Drive

Off Market

1251 Capri Drive

Panama City FL 32405

2093 sq. ft.

Townhouse

Last sold for $490,000

Sostheim Group, last sold this property on 08 April 2026 after 50 days on market.

Overview

WATERFRONT dreams come true in this spacious, bayfront home with pure Bay views, a private dock, 2-car garage and NO HOA! This is where Shell Island trips, relaxed sunset evenings, and fishing trips become your everyday reality. This deep-water, bayfront home provides expansive views and quick access to the Bay and Gulf within minutes and is located at the end of the channel, ideal for vessels of all sizes. Leave from your private dock, spend the afternoon fishing, or cruise to Shell Island with ease. This waterfront residence offers 2,093 square feet with soaring, vaulted wood-clad, beamed ceilings, a stone fireplace and a sunroom facing the water that you'll never want to leave. 3 bedrooms and 2.5 bathrooms, thoughtfully-designed and renovated for comfortable coastal living with hardwood flooring throughout, this is a prime location for pure Bay views and an incredible use of space. The open kitchen features stainless appliances with gas range, ample cabinetry and large seating area for barstools, great for entertaining! The dining room has great water views and the modern, airy feel of bright light flowing is felt throughout. The waterfront primary suite offers peaceful views, walk-in closet, dual vanities, and tiled shower. Two additional bedrooms with spacious closets share a guest bath accessible by the hallway. A spacious laundry room, powder room for guests and two-car garage add convenience to this waterfront gem. Step outside the sunroom and enjoy an open wood deck with a pavered patio in a fenced yard with Florida palm trees. Step out of the fence and onto your private dock and landing which provides quality marine construction with a seawall, deck over the water, boat slip ready for your boat lift and a dock made with a durable wood-composite material for longevity on the water! Centrally located just minutes to Publix, dining, shopping, and approximately 25 minutes to the white sandy beaches, this home blends everyday convenience with the ultimate Panama City WATERFRONT lifestyle with NO HOA. And only 8 nautical miles to the Gulf of America, you'll be enjoying a short ride to the open Gulf through the Bay in just minutes. Don't miss your opportunity to own a waterfront gem in Panama City, Florida at an incredible price!

Features

3 bedrooms

3 bathrooms

2 carspaces

2 garage spaces

2093 sq. ft. floor area

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Panama City over the last 12 months, the estimated median property value of 1251 Capri Drive is $252.9k.

Median value

$252.9k

Estimated value range

$160k - $490k

Median days on market

120

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Panama City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1251 Capri Drive

2026

Sold

$490,000

08 Apr 2026 by Sostheim Group, of Corcoran Reverie

Happy sellers in Panama City

92%

92% of sellers in Panama City reported that their sale price either exceeded or met their price expectations.

Panama City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom townhouses in Panama City

In the last 12 months, 16 three-bedroom townhouses similar to 1251 Capri Drive, have been sold.

This represents a 84% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Panama City for a market analysis.

Beth Mulvey

at Beach House Sales and Development

(122 reviews)

Get a market analysis

Kurt Fadden

at Legacy Premier Agency

(37 reviews)

Get a market analysis

Theresa "Terry" Nutter

at Realty ONE Group Emerald Coast | Panama City

(16 reviews)

Get a market analysis

Hannah Luge

at Emerald Coast Beach Homes LLC

(29 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City

Beth Mulvey

Sellers who recommend Beth Mulvey have praised them for being local expert, responsive, clear communication, supportive, detail-oriented, friendly, and dedicated