501 Wood Trail, Panama City, FL 32405 (MLS# 776778)

Homestead: Yes

HOA Fee: Yes

HOA Amount: 330

HOA Frequency: Annually

HOA Annual Amount: 330

New Buyer Fee: No

Last Taxes: 3276

Last Tax Year: 2024

Brokerage Interest: No Interest

Section: 28

Township: 3S

Range: 14W

List Price/SqFt: 255.97

Status: Active

List Date: 2025-07-25

List Price: $574,900

Current Price: $574,900

Sub Area: 0204 - Bay - Central NW

Community/Resort: None

Waterfront: No

Elementary School: Hiland Park

Middle School: Jinks

High School: Bay

Directions: Head north on C R 392/Navy Blvd/Thomas Dr  47 sec (0.5 mi)  Get on US-98 E 1 min (0.7 mi)  Take FL-368/W 23rd St to Wood Trail in Panama City 13 min (6.5 mi) Turn right onto Wood Trail  Destination will be on the left  1 min (0.3 mi) 501 Wood Trail Panama City, FL 32405

Area: 02 - Bay County - Central

Street #: 501

Street Name: Wood

Street Suffix: Trail

State: FL

Zip Code: 32405

County: Bay

Subdivision: The Woods Phase 3

Parcel ID: 12987-176-000

Legal Description: THE WOODS PHASE #3 LOT 26 ORB 1707 P 858

Acreage: 0.51

Design: Traditional

Lot Size (SqFt): 22216

Apx SqFt(Htd/Cooled): 2246

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 1

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Driveway Spaces: 6

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 3

Total Baths: 3

Year Built: 1997

Remarks: *Sellers offering $5,000 towards the interest rate buydown saving you thousands!!**** Crafted by the renowned Koehnemann Construction, this beautiful home in the coveted ''The Woods Phase 3'' community offers a true suburban retreat on a generous half acre lot. The professionally landscaped grounds create a serene backdrop for relaxing and entertaining, while the fenced backyard complete with patio and screened back porch provides an inviting outdoor oasis. Inside, you'll find four bedrooms and three full bathrooms. A cozy den and a spacious family room offer comfortable gathering spaces, while a bright breakfast nook and a grand dining room provide plenty of options for both casual meals and formal entertaining. The large primary suite includes its own exit to the backyard, and both the living room and dining room open onto the patio and back porch as well, creating seamless indoor-outdoor flow throughout the home. This property has been meticulously updated over the years: fresh interior paint and granite kitchen countertops in 2016, a new roof in 2018, updated carpeting and flooring in 2019, replacement windows and doors in 2022, a new air conditioning unit and hot water tank in 2023, and, as recently as 2025, a termite inspection and the addition of the screened back porch ideal for year round enjoyment. Beyond your doorstep, neighborhood parks, trails, and local amenities enhance the outdoor lifestyle this home supports. With convenient access to Highway 390 (1.8 miles), Highway 98 (1.5 miles), US 231 (2.5 miles), and Panama City Beach's world renowned sugary shore just 11 miles away, everyday errands and weekend adventures are at your fingertips. The highly motivated sellers have shared many wonderful memories in this community and have enjoyed their dynamic home.. They are excited to leave this beautiful home to the future owners. Contact your favorite Realtor today to schedule a tour and discover why this could be your next home.

Dishwasher: 1

Dryer: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Marble: 1

Floor - Tile: 1

Kitchen Island: 1

Split Bedroom: 1

Window - Bay: 1

Brick: 1

Fenced Back Yard: 1

Fireplace: 1

Patio Covered: 1

Patio Open: 1

Accounting: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Floor - Carpet: 1

Corner Lot: 1

Landscaped: 1

Subdivision - Recorded: 1

Water Rights: 1

City Street: 1

Driveway: 1

Garage Attached: 1

Garage Door Opener: 1

MBath Whirlpool: 1

MBed First Floor: 1

Resid Single Family: 1

Bedroom: 1

Master Bedroom: 1

ShowingTime: 1

Cable - Available: 1

Electricity - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1