Back 403 Hwy 2297
Off Market

403 Hwy 2297

Panama City FL 32404

3
2
2
1701 sq. ft.
225205.2 sq. ft.
Single-Family
Last sold for $673,750
Tyler S SmithTyler S Smith, last sold this property on 21 July 2026 after 376 days on market.

Overview

Rare opportunity to own a beautifully updated 3-bedroom, 2-bath brick home with Gulf access, situated on 5 private acres along Cook's Bayou. This property offers exceptional flexibility—bring the boat, RV, four-wheeler, or horse—with room to live, work, and play in a peaceful waterfront setting. Built in 1976 and thoughtfully renovated, the 1,855 sq ft home blends classic character with modern upgrades. Interior features include fresh paint, quartz countertops, new ceiling fans, and closet organizers throughout. The primary bathroom has been fully remodeled, and the kitchen is equipped with an induction cooktop, double ovens with convection and air-fryer modes, and stainless steel appliances—all less than three years old. Significant improvements include popcorn ceiling removal, 2024 HVAC, Honeywell programmable thermostat, Pristine Air UV filtration system, water softener, generator outlet, 2017 metal roof, hurricane ties for wind mitigation, and a whitewashed brick exterior. Outdoor amenities include a solar-powered gated entrance, 12'x32' shed, motorized screened back porch, raised metal garden beds, citrus trees, private pond, and mature moss-draped oak trees. Nearly $30,000 in dock upgrades include an expanded dock and 7,000-lb boat lift, providing direct access to the Gulf. Property sits on tidal waters with Gulf access through Cook's Bayou. Bridge vertical clearance is approximately 9'6", suitable for smaller boats. John Deere tractor and attachments convey with sale. Ideal for a private waterfront homestead, recreational retreat, or future expansionthis unique property offers space, privacy, and true Florida waterfront living.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1701 sq. ft. floor area
225205.2 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Panama City over the last 12 months, the estimated median property value of 403 Hwy 2297 is $279.46k.

Median value
$279.46k
Estimated value range
$50k - $850k
Median days on market
57
Estimated value trend
-2%
decrease 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 403 Hwy 2297

2026
Sold
$673,750
21 Jul 2026 by Tyler S Smith, of Legacy Premier Agency LLC
2022
Sold
$385,000
03 Feb 2022 by Brandi Fuller, of Keller Williams Realty Emerald Coast
2022
Sold
$385,000
03 Feb 2022 by Mike Herring, of KELLER WILLIAMS REALTY EMERALD

Happy sellers in Panama City

91%
91% 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 11 reviews in Panama City over the last 12 months.

Local market activity for 3 bedroom single-family properties in Panama City

In the last 12 months, 503 three-bedroom single-family properties similar to 403 Hwy 2297, have been sold.

This represents a 6% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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