1227 Capri Drive
Panama City, FL 32405
MLS# 788703
3 beds | 3 baths | 1572 sqft
Open House (09/05/2026 - 1:00 pm - 3:00 pm)
Property DescriptionNEW PRICE -- $349,900! Waterfront living, NO HOA, and your own private access to the water -- this is the opportunity buyers wait for.
Imagine waking up, grabbing your coffee, and stepping outside to your own waterfront deck. By afternoon, you could be launching your kayak, paddleboard, jet ski, or boat and heading toward the bay, Gulf waters, or beautiful Shell Island. Then come home, settle into the hammock on your private upstairs balcony, and watch the sky light up with one of Northwest Florida's unforgettable sunsets.
This 3-bedroom, 2.5-bath waterfront townhome is designed for those who want more than just a home -- they want the coastal lifestyle.
Love to fish? Cast a line right from your deck for redfish, flounder, blue crab, and mullet while keeping an eye out for dolphins and other marine life passing through the canal.
Inside, the open-concept first floor is welcoming and comfortable, with ceramic tile flooring, granite countertops, a touchless kitchen faucet, and a cozy fireplace that makes the living area perfect for relaxing or entertaining.
Upstairs, retreat to your private balcony, enjoy the breeze from the large ceiling fans, then end the day soaking in the double Jacuzzi tub.
The outdoor space is truly special, featuring three tiers of Trex decking rebuilt in 2022, plus an electric SunSetter awning that creates the perfect shaded spot for waterfront dining, entertaining, or simply watching the boats go by.
Important updates include a 2024 HVAC system and 2023 water heater with auto-booster system, giving buyers added peace of mind.
And one of the best parts? NO HOA.
At $349,900, this is your chance to own waterfront property where every day can feel like a vacation.
Bring the boat. Bring the fishing poles. Bring the kayaks. Your waterfront life is waiting at 1227 Capri Dr.
Design: Townhome
Apx SqFt(Htd/Cooled): 1572
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 2
Accessory Dwelling Unit: No
Lot Dimensions: 22 X 139
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Pool: No
Sub-Type: Attached Single Unit
Total Baths: 3
Year Built: 1985
List Price/SqFt: 222.58
Status: Active
List Date: 2026-04-20
List Price: $349,900
Sub Area: 0204 - Bay - Central NW
Community/Resort: Venetian Villa
Waterfront: Yes
Gulf Access: Yes
Elementary School: Northside
Middle School: Mowat
High School: Mosley
Directions: Directions: Hwy 390 to Venetian Way, follow Venetian nearly to the end, left on Milano, right on Capri, proceed straight, townhouse on the left.
Area: 02 - Bay County - Central
Street #: 1227
Street Name: Capri
Street Suffix: Drive
County: Bay
Subdivision: Venetian Villa
Parcel ID: 11727-347-101
Legal Description: VENETIAN VILLA M-90B BEG 1251.44' SLY & 123.80' E OF NW COR LOT 24 TH; E22 N139.65' W22' S139.64' TO POB PT. OF LOTS 45 & 46 BLK 10 ORB 1055 P 1595 (45.1) ORB 2547 P 1085
Homestead: Yes
HOA Fee: No
New Buyer Fee: No
Last Taxes: 636
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: NEW PRICE -- $349,900! Waterfront living, NO HOA, and your own private access to the water -- this is the opportunity buyers wait for.
Imagine waking up, grabbing your coffee, and stepping outside to your own waterfront deck. By afternoon, you could be launching your kayak, paddleboard, jet ski, or boat and heading toward the bay, Gulf waters, or beautiful Shell Island. Then come home, settle into the hammock on your private upstairs balcony, and watch the sky light up with one of Northwest Florida's unforgettable sunsets.
This 3-bedroom, 2.5-bath waterfront townhome is designed for those who want more than just a home -- they want the coastal lifestyle.
Love to fish? Cast a line right from your deck for redfish, flounder, blue crab, and mullet while keeping an eye out for dolphins and other marine life passing through the canal.
Inside, the open-concept first floor is welcoming and comfortable, with ceramic tile flooring, granite countertops, a touchless kitchen faucet, and a cozy fireplace that makes the living area perfect for relaxing or entertaining.
Upstairs, retreat to your private balcony, enjoy the breeze from the large ceiling fans, then end the day soaking in the double Jacuzzi tub.
The outdoor space is truly special, featuring three tiers of Trex decking rebuilt in 2022, plus an electric SunSetter awning that creates the perfect shaded spot for waterfront dining, entertaining, or simply watching the boats go by.
Important updates include a 2024 HVAC system and 2023 water heater with auto-booster system, giving buyers added peace of mind.
And one of the best parts? NO HOA.
At $349,900, this is your chance to own waterfront property where every day can feel like a vacation.
Bring the boat. Bring the fishing poles. Bring the kayaks. Your waterfront life is waiting at 1227 Capri Dr.
Instant Hot Water: 1
Oven - Electric: 1
Range - Electric: 1
Range Hood: 1
Water Heater - Electric: 1
Breakfast Bar: 1
Fireplace: 1
Floor - Tile: 1
Skylight(s): 1
Wood/Frame: 1
Roof - Gutters: 1
Roof - Metal: 1
Siding - Stucco: 1
Balcony: 1
Deck Covered: 1
Deck Open: 1
Patio Covered: 1
Dock: 1
Bulkhead/Seawall: 1
Cul-De-Sac: 1
Flood Insurance Req: 1
Landscaped: 1
Subdivision - Recorded: 1
Driveway: 1
Garage Attached: 1
Garage Door Opener: 1
Paved: 1
Dining Room: 1
Family Room: 1
Cable - Available: 1
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
Fireplace(s): 1
Forced Air: 1
MBath Walk-In Closet: 1
MBed Balcony: 1
MBath Shower/Tub Combo: 1
Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Instant Hot Water; Oven - Electric; Range - Electric; Range Hood; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air
Heating: Fireplace(s); Forced Air
Exterior: Balcony; Deck Covered; Deck Open; Patio Covered
Financing: Cash; Conventional; FHA; VA
Lot Features: Cul-De-Sac; Flood Insurance Req; Landscaped; Subdivision - Recorded; Waterfront
Security Features: Fire Alarm
Parking Features: Driveway; Garage Attached; Garage Door Opener; Paved
Rooms: Dining Room; Family Room; Garage; Laundry
Utilities: Cable - Available; Electricity - Connected; Garbage; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Canal w/ Gulf Access
Waterfront Feature: Bulkhead/Seawall; Dock; Bulkhead/Seawall
Waterview: Canal; Unobstructed
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Dining Room | First | 13 x 10 | 13.00 | 10.00 | 10 |
| Family Room | First | 21 x 14 | 21.00 | 14.00 | |
| Garage | First | 20 x 14 | 20.00 | 14.00 | |
| Laundry | First | 8 x 6 | 8.00 | 6.00 | |
Listing Office: Coastal Palms Real Estate
Last Updated: September - 01 - 2026
Information deemed reliable but not guaranteed.