7121 Ellie B Drive
Panama City, FL 32404
MLS# 786698
5 beds | 3 baths | 2556 sqft
Property DescriptionSpacious and versatile, this 5-bedroom home offers room to grow and flexibility to fit a variety of lifestyles. In addition to the five bedrooms, the property features two bonus rooms that can easily be used as a home office, playroom, media room, or even converted into a 6th or 7th bedroom if needed.
Situated on a desirable corner lot, the home includes a large fenced backyard that provides plenty of space for outdoor entertaining, pets, or future additions. Inside, the home has been freshly painted throughout, giving it a clean and updated feel.
Modern conveniences include a smart thermostat and an ADT security system already in place for added comfort and peace of mind.
A major financial advantage is the assumable VA mortgage at 4.625%, which the sellers are willing to consider offering to qualified buyers--an increasingly rare opportunity in today's market.
With generous living space, flexible room options, and valuable financing potential, this property is ready to meet a wide range of needs.
HOA Fee: Yes
HOA Amount: 163
HOA Frequency: Quarterly
HOA Annual Amount: 652
New Buyer Fee: No
Last Taxes: 3205
Last Tax Year: 2025
Brokerage Interest: No Interest
List Price/SqFt: 144.76
Status: Active
List Date: 2026-03-12
List Price: $370,000
Sub Area: 0515 - Bay East - Bayou George
Community/Resort: None
Waterfront: No
Elementary School: Tommy Smith
Middle School: Merritt Brown
High School: Rutherford
Directions: Travel Hwy 231 North to Nordic Drive and turn right onto Hatteras Blvd. Continue straight and take a left at Bear Blvd and continue to Ellie B Drive.
Area: 05 - Bay County - East
Street #: 7121
Street Name: Ellie B
Street Suffix: Drive
State: FL
Zip Code: 32404
County: Bay
Subdivision: Olde Towne Village
Parcel ID: 05658-400-005
Legal Description: BARRETT'S PARK LOT 1 ORB 4572 P 158
Acreage: 0.2
Design: Craftsman Style
Lot Size (SqFt): 8712
Apx SqFt(Htd/Cooled): 2556
Construction Status: Construction Complete
SqFt Source: Builders Plans
# of Stories in Building: 2
Lot Dimensions: 58x147
New Construction: No
Garage Y/N: Yes
Sub-Type: Detached Single Family
Bedrooms: 5
Full Baths: 3
Total Baths: 3
Remarks: Spacious and versatile, this 5-bedroom home offers room to grow and flexibility to fit a variety of lifestyles. In addition to the five bedrooms, the property features two bonus rooms that can easily be used as a home office, playroom, media room, or even converted into a 6th or 7th bedroom if needed.
Situated on a desirable corner lot, the home includes a large fenced backyard that provides plenty of space for outdoor entertaining, pets, or future additions. Inside, the home has been freshly painted throughout, giving it a clean and updated feel.
Modern conveniences include a smart thermostat and an ADT security system already in place for added comfort and peace of mind.
A major financial advantage is the assumable VA mortgage at 4.625%, which the sellers are willing to consider offering to qualified buyers--an increasingly rare opportunity in today's market.
With generous living space, flexible room options, and valuable financing potential, this property is ready to meet a wide range of needs.
Dishwasher: 1
Microwave: 1
Oven - Electric: 1
Water Heater - Electric: 1
Foundation - Slab on Grade: 1
Roof - Dimensional Shg: 1
Siding - Vinyl: 1
Trim - Vinyl: 1
Management: 1
Master Association: 1
City: 1
Resid Single Family: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Appliances: Dishwasher; Microwave; Oven - Electric; Water Heater - Electric
Heating: Central; Electric
Association Fees Include: Management; Master Association
Financing: Assume w/int; Cash; Conventional; FHA; VA
Parking Features: Garage Attached
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | Second | 13 x 20 | 13.00 | 20.00 | 13 x 20 |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Bedroom | Second | 12.5 x 11.5 | 12.50 | 11.50 | 12.5 x 11.5 |
| Bedroom | Second | 13.5 x 11.9 | 13.50 | 11.90 | 13.5 x 11.9 |
| Bedroom | Second | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
Listing Office: Think Real Estate
Last Updated: April - 19 - 2026
Information deemed reliable but not guaranteed.