3938 Peters Drive, Panama City, FL 32405 (MLS# 796725)

Acreage: 0.24

Design: Contemporary

Lot Size (SqFt): 10454

Apx SqFt(Htd/Cooled): 1399

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Accessory Dwelling Unit: No

Lot Dimensions: 70.0 ft x 150.0 ft

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1974

List Price/SqFt: 160.83

Status: Active

List Date: 2026-10-16

List Price: $225,000

Current Price: $225,000

Sub Area: 0203 - Bay - Central SW

Community/Resort: None

Waterfront: No

Elementary School: Lucille Moore

Middle School: Jinks

High School: Bay

Directions: From US-231, head west on 23rd Street toward Panama City. Turn onto Frankford Avenue, then continue toward W 21st Street and Peters Drive. Turn onto Peters Drive and proceed to 3938 Peters Drive.

Area: 02 - Bay County - Central

Street #: 3938

Street Name: Peters

Street Suffix: Drive

State: FL

Zip Code: 32405

County: Bay

Subdivision: College Point Harris Add

Parcel ID: 27997-228-000

Legal Description: COLLEGE VILLAGE UNIT # 1 LOT 19 BLK B ORB 1639 P 559 ORB 4414 P 1791

HOA Fee: No

New Buyer Fee: No

Last Taxes: 2746.85

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: Newly renovated, move-in ready, and priced at just $225,000! Welcome to 3938 Peters Drive in Panama City, Florida! This beautifully refreshed 3-bedroom, 2-bathroom home offers 1,399 square feet of living space, a durable metal roof, and an additional 228-square-foot enclosed Florida room, providing extra flexibility and room to spread out. Step inside to discover new LVP flooring, fresh interior paint, and new appliances that give the home a clean, updated feel. The renovations make this property an appealing option for buyers looking for a move-in-ready home without the hassle of taking on major cosmetic updates. Outside, you'll find a large, fully fenced backyard with plenty of room for pets, gardening, outdoor entertaining, or simply enjoying the Florida sunshine. Situated in the desirable 32405 zip code, this turn-key property places you just minutes from local shopping, dining, top schools, Tyndall Air Force Base, and the pristine white sand beaches of the Emerald Coast. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment property in Panama City, this renovated home offers an attractive combination of updates, functional space, and affordability. Updated 3-bedroom homes in Panama City with a fenced backyard and additional enclosed bonus space deserve a closer look, especially at $225,000! Schedule your private showing today and discover everything 3938 Peters Drive has to offer!

First: 1

First: 1

Dishwasher: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Floor - Vinyl Plank: 1

Brick: 1

Foundation - Slab on Grade: 1

Roof - Metal: 1

Fenced Back Yard: 1

Fenced Chain Link: 1

Shed(s): 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

First: 1

First: 1

City Street: 1

Driveway: 1

Circular Driveway: 1

Bedroom: 1

Dining Room: 1

Florida Room: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

ShowingTime: 1

Electricity - Connected: 1

Garbage: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

Central Air: 1

Central: 1