1233 Capri Drive, Panama City, FL 32405 (MLS# 787015)

List Price/SqFt: 189.68

Status: Pending

List Date: 2026-03-19

List Price: $397,000

Current Price: $397,000

Sub Area: 0201 - Bay - Central NE

Community/Resort: Venetian Villa

Waterfront: Yes

Gulf Access: Yes

Elementary School: Northside

Middle School: Mowat

High School: Mosley

Directions: Head south on Highway 77 Lynn Haven and Panama City. Turn right onto 26th Street (Highway 390), then stay on it as it curves and becomes Northshore Road. Follow Northshore Road along the bay, then turn right onto Capri Drive. Continue down Capri Drive and 1233 will be on your right.

Area: 02 - Bay County - Central

Street #: 1233

Street Name: Capri

Street Suffix: Drive

State: FL

Zip Code: 32405

County: Bay

Subdivision: Venetian Villa

Parcel ID: 11727-347-108

Legal Description: VENETIAN VILLA M-90B BEG 1058.63' SLY OF NW COR LOT 24 TH E168.76' S 32.06' W166.31' N 33.06' TO POB BLK 10 (43.2) ORB 4673 P 2056

Design: Townhome

Apx SqFt(Htd/Cooled): 2093

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

Lot Dimensions: 32x168

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Sub-Type: Attached Single Unit

Bedrooms: 3

Full Baths: 2

Total Baths: 3

Year Built: 1985

HOA Fee: No

New Buyer Fee: No

Last Taxes: 4050

Last Tax Year: 2025

Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.

Remarks: Waterfront living becomes remarkably attainable in this expansive bayfront townhome, where sweeping water views, an impressive private dock and a rare no-HOA setting create an opportunity seldom found at this price point. Soaring cathedral ceilings elevate the formal great room, where an electric fireplace adds warmth and architectural character beneath the dramatic second-story vault. Natural light pours through etched leaded glass accents and the rear wall of windows, drawing the eye toward the bay and the ever-changing colors of the evening sky. The kitchen features elegant Italian porcelain tile and comes fully equipped with all appliances, offering both beauty and everyday functionality. Just beyond the main living area, a glass-enclosed Florida room transitions to a screened sunroom and a generous 26-by-16-foot deck--an ideal sequence of spaces for entertaining, unwinding or simply enjoying the rhythm of the water. Outside, an impressive 85-foot private dock extends into the bay, creating the perfect setting for paddleboarding at sunrise, kayaking along the shoreline, casting a fishing line or relaxing as boats drift by and the sun slips below the horizon. The residence includes three bedrooms, two-and-a-half baths and a two-car garage, along with a charming screened front porch connected by a café-style walkway lined with lighting and flowers. Located within a walkable waterfront community, this property offers the rare combination of space, character and true bayfront living. Panama City continues to grow as one of the Emerald Coast's most appealing waterfront destinations, offering a balance of laid-back coastal living and everyday convenience. Residents enjoy easy access to marinas, waterfront dining, parks and the sugar-white beaches just across the bay, all while maintaining the relaxed pace that makes this area so special.

Cooktop - Electric: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Hurricane Shutters: 1

Patio Enclosed: 1

Dock: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Waterfront: 1

City Street: 1

Garage Attached: 1

Bedroom: 1

Primary Bedroom: 1

Cable - Available: 1

Electricity - Connected: 1

Garbage: 1

Internet - Broadband Available: 1

Public Water - Connected: 1

Underground Utilities: 1

Bay: 1

As Is: 1

Bay/Harbor: 1

Second: 1

Second: 1

Central Air: 1

Central: 1

Fireplace - Electric: 1

Under Contract Date: 2026-06-07