1251 Capri Drive, Panama City, FL, 32405

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$515,000
New Listing

1251 Capri Drive
Panama City, FL 32405

For Sale|Townhouse|Active
3
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,093
SqFt
$246
/SqFt
1984
Built
Subdivision:
VENETIAN VILLA
County:
Bay
Listing courtesy of Sostheim Group of Corcoran Reverie SRB

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1251 Capri Drive1251 Capri Drive1251 Capri Drive1251 Capri Drive
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WATERFRONT dreams come true in this spacious, bayfront home with pure Bay views, a private dock, 2-car garage and NO HOA! This is where Shell Island trips, relaxed sunset evenings, and fishing trips become your everyday reality. This deep-water, bayfront home provides expansive views and quick access to the Bay and Gulf within minutes and is located at the end of the channel, ideal for vessels of all sizes. Leave from your private dock, spend the afternoon fishing, or cruise to Shell Island with ease. This waterfront residence offers 2,093 square feet with soaring, vaulted wood-clad, beamed ceilings, a stone fireplace and a sunroom facing the water that you'll never want to leave. 3 bedrooms and 2.5 bathrooms, thoughtfully-designed and renovated for comfortable coastal living with hardwood flooring throughout, this is a prime location for pure Bay views and an incredible use of space. The open kitchen features stainless appliances with gas range, ample cabinetry and large seating area for barstools, great for entertaining! The dining room has great water views and the modern, airy feel of bright light flowing is felt throughout. The waterfront primary suite offers peaceful views, walk-in closet, dual vanities, and tiled shower. Two additional bedrooms with spacious closets share a guest bath accessible by the hallway. A spacious laundry room, powder room for guests and two-car garage add convenience to this waterfront gem. Step outside the sunroom and enjoy an open wood deck with a pavered patio in a fenced yard with Florida palm trees. Step out of the fence and onto your private dock and landing which provides quality marine construction with a seawall, deck over the water, boat slip ready for your boat lift and a dock made with a durable wood-composite material for longevity on the water! Centrally located just minutes to Publix, dining, shopping, and approximately 25 minutes to the white sandy beaches, this home blends everyday convenience with the ultimate Panama City WATERFRONT lifestyle with NO HOA. And only 8 nautical miles to the Gulf of America, you'll be enjoying a short ride to the open Gulf through the Bay in just minutes. Don't miss your opportunity to own a waterfront gem in Panama City, Florida at an incredible price!

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Listing Snapshot
Price 
$515,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
2,093 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
0.1 Acres
Year Built 
1984
MLS® Number 
995504
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
16 hours agoListing first seen on site
General Features
Acres 
0.1
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Attached
Property Sub Type 
Townhouse
Sewer 
Public Sewer
SqFt Total 
2093
Style 
Townhome
Water Source 
Public
Zoning 
Resid Single Family
Interior Features
Appliances 
DishwasherRefrigeratorGas CooktopMicrowaveElectric Water Heater
Cooling 
Ceiling Fan(s)Central Air
Flooring 
HardwoodTile
Heating 
ElectricCentral
Interior 
Breakfast BarKitchen Island
Master Bedroom 
Dimensions - 1 x 1Area - 1
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Exterior Features
Exterior 
Boat Slip
Patio And Porch 
CoveredDeckPatio
Roof 
Metal
View 
BayWater
Waterfront 
Yes
Waterfront Features 
Waterfront
Waterview 
BayWater
Community Features
MLS Area 
27 - Bay County
Schools
School District
Unknown
Elementary School
Northside
Middle School
Mowat
High School
Mosley
Listing courtesy of Sostheim Group of Corcoran Reverie SRB



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-02-17 10:04 PM UTC

Neighborhood & Commute
Source: Walkscore
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