517 N Gray Avenue
Panama City, FL 32401
MLS# 790619
3 beds | 2 baths | 1172 sqft
Property DescriptionMOTIVATED SELLER!! ATTRACTIVE AND AFFORDABLE HOME NEAR TYNDALL AFB! Living life in the heart of panama city doesn't get more affordable than this! Welcome to 517 N Gray Avenue, a beautifully brand new construction built in 2026 home offering the perfect blend of modern comfort and timeless charm in the heart of Panama City. Whether you're searching for a primary residence, first-time home, or investment opportunity, this move-in-ready property is sure to impress. Step inside to discover a bright, inviting floor plan featuring spacious living areas, abundant natural light, and stylish finishes throughout. The thoughtfully designed kitchen offers ample cabinetry and workspace, making meal preparation and entertaining a breeze. Comfortable bedrooms provide peaceful retreats, while the updated bathroom(s) add both style and functionality. Outside, enjoy a generous yard with plenty of room for outdoor entertaining, gardening, pets, or future additions.Includes Samsung appliances, 65' TV with a custom accent wall, and foam roof for energy efficiency. Newly landscaped yard with fresh grass and a mature pear tree. Conveniently located just minutes from downtown Panama City, local shopping, dining, schools, parks, and a short drive to the white sandy beaches of the Gulf Coast, this home offers both convenience and lifestyle. Don't miss your opportunity to own this charming Panama City property. Schedule your private showing today!
Acreage: 0.15
Design: Florida Cottage
Lot Size (SqFt): 6752
Apx SqFt(Htd/Cooled): 1172
Construction Status: Construction Complete
SqFt Source: Builders Plans
Accessory Dwelling Unit: No
Lot Dimensions: 47x144
New Construction: Yes
Garage Y/N: No
Pool: No
Sub-Type: Detached Single Family
Total Baths: 2
Year Built: 2026
List Price/SqFt: 200.51
Status: Active
List Date: 2026-06-01
List Price: $235,000
Sub Area: 0202 - Bay - Central SE
Community/Resort: None
Waterfront: No
Elementary School: Cherry Street
Middle School: Jinks
High School: Bay
Directions: From FL-77, turn onto Baldwin Road, then onto Headland Avenue. Continue to US-231 North and follow it until you reach N East Avenue. Turn onto N East Avenue, then take Cherry Street and continue to Gray Avenue. Follow Gray Avenue.
Area: 02 - Bay County - Central
Street #: 517
Street Direction: N
Street Name: Gray
Street Suffix: Avenue
County: Bay
Subdivision: Pine Crest Add To Callaway
Parcel ID: 22633-015-000
Legal Description: PINECREST ADD LOT 21 BLK E ORB 4991 P 621
New Buyer Fee: No
Last Taxes: 263
Last Tax Year: 2025
Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.
Remarks: MOTIVATED SELLER!! ATTRACTIVE AND AFFORDABLE HOME NEAR TYNDALL AFB! Living life in the heart of panama city doesn't get more affordable than this! Welcome to 517 N Gray Avenue, a beautifully brand new construction built in 2026 home offering the perfect blend of modern comfort and timeless charm in the heart of Panama City. Whether you're searching for a primary residence, first-time home, or investment opportunity, this move-in-ready property is sure to impress. Step inside to discover a bright, inviting floor plan featuring spacious living areas, abundant natural light, and stylish finishes throughout. The thoughtfully designed kitchen offers ample cabinetry and workspace, making meal preparation and entertaining a breeze. Comfortable bedrooms provide peaceful retreats, while the updated bathroom(s) add both style and functionality. Outside, enjoy a generous yard with plenty of room for outdoor entertaining, gardening, pets, or future additions.Includes Samsung appliances, 65' TV with a custom accent wall, and foam roof for energy efficiency. Newly landscaped yard with fresh grass and a mature pear tree. Conveniently located just minutes from downtown Panama City, local shopping, dining, schools, parks, and a short drive to the white sandy beaches of the Gulf Coast, this home offers both convenience and lifestyle. Don't miss your opportunity to own this charming Panama City property. Schedule your private showing today!
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Floor - Vinyl: 1
Kitchen Island: 1
Foundation - Slab on Grade: 1
Roof - Shingle/Shake: 1
Siding - Vinyl: 1
Trim - Vinyl: 1
Patio Open: 1
Porch Covered: 1
Bedroom: 1
Primary Bedroom: 1
Cable - Available: 1
Electricity - Availabile: 1
Phone - Available: 1
Sewer Available: 1
Public Water - Available: 1
Appliances: Dishwasher; Microwave; Range - Electric; Refrigerator
Exterior: Patio Open; Porch Covered; Porch Open
Financing: Cash; Conventional; FHA; VA
Lot Features: Interior Lot
Parking Features: Driveway; Oversized
Rooms: Bedroom; Primary Bedroom
Utilities: Cable - Available; Electricity - Availabile; Phone - Available; Sewer Available; Public Water - Available
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Primary Bedroom | First | 11 x 6 | 11.00 | 6.00 | verified if important |
| Bedroom | First | 10 x 8 | 10.00 | 8.00 | verified if important |
| Bedroom | First | 10 x 6 | 10.00 | 6.00 | verified if important |
Listing Office: Chesnut Realty, Inc
Last Updated: July - 23 - 2026
Information deemed reliable but not guaranteed.