848 E 12th Court, Panama City, FL 32401 (MLS# 776307)

HOA Fee: No

New Buyer Fee: No

Brokerage Interest: No Interest

List Price/SqFt: 238.61

Status: Active

List Date: 2025-07-14

List Price: $199,000

Current Price: $199,000

Sub Area: 0202 - Bay - Central SE

Community/Resort: None

Waterfront: No

Elementary School: Cedar Grove

Middle School: Mowat

High School: Bay

Directions: south on Hwy MLK from 15th st (hwy 98) left on 11th st, right on N MCarthur, right on 12 ct

Area: 02 - Bay County - Central

Street #: 848

Street Direction: E

Street Name: 12th

Street Suffix: Court

State: FL

Zip Code: 32401

County: Bay

Subdivision: [No Recorded Subdiv]

Parcel ID: 16829-000-000

Legal Description: DIXIE HEIGHTS LOT 14 BLK 2 ORB 1015 P 129 PROBATE DIVISION CASE # 96-776-CP

Acreage: 0.1

Design: Craftsman Style

Lot Size (SqFt): 4356

Apx SqFt(Htd/Cooled): 834

Construction Status: To Be Built

SqFt Source: Builders Plans

Lot Dimensions: 40x104

New Construction: Yes

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 2026

Remarks: Most people spend years searching for a home that's truly move-in ready, only to find ''updated'' properties hiding decades of deferred maintenance behind fresh paint. This is not that home. This brand-new 2-bedroom, 2-bath Panama City home was completed in January 2026 and has never been lived in. Every single system, including the roof, HVAC, plumbing, and electrical, is brand new, under warranty, and has never been used. You are not inheriting anyone else's problems. You are starting from zero, in a home built for you. The open layout connects the kitchen directly to the living area, creating a space that feels larger than it is and works for real everyday life, not just for photos. Covered front and rear porches extend your living space outdoors, which in Florida means you get to use them year-round. Here is what makes this a rare opportunity: For first-time buyers, FHA financing means you can own this brand-new home with as little as 3.5% down. You stop paying someone else's mortgage and start building your own equity, in a home with new construction warranties protecting you from day one. For investors, the Panama City rental market supports approximately $1,500 per month in rent. At current pricing, this property generates strong returns from a tenant base that wants new, clean, and well-maintained housing, which is exactly what you are delivering. This home was built to full spec without compromise. Every system, every finish, every detail was completed to standard. That is reflected in the price and it is what makes this a sound investment from day one. Offered As-Is with full new construction warranties. Located minutes from shopping, dining, and daily amenities in Panama City. Brand new. First owner. Schedule your showing today.

First: 1

Cooktop - Electric: 1

Dishwasher: 1

Freezer: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Ceiling - Raised: 1

Floor - Laminate: 1

Kitchen Island: 1

Foundation - Slab on Grade: 1

Roof - Composite Shngl: 1

Siding - Hardie Board: 1

Fenced Back Yard: 1

Cash: 1

Conventional: 1

FHA: 1

USDA: 1

VA: 1

Unfurnished: 1

First: 1

Cleared: 1

City Street: 1

Driveway: 1

MBath Double Vanity: 1

MBath Shower Only: 1

Resid Single Family: 1

Bedroom: 1

Full Bathroom: 1

Living Room: 1

Master Bathroom: 1

Master Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

As Is: 1

First: 1

First: 1

First: 1

Central Air: 1

Central: 1

Smoke Detector(s): 1