For sale

$260,000

Est. $1,640/mo —

•

1,394

sq ft

505 Phillips Ct, Panama City, FL 32404

About this home

Welcome to this charming home in the heart of East Bay County, offering the perfect combination of comfort, convenience, and flexibility. Ideally located just minutes from Tyndall Air Force Base, shopping, dining, schools, and everyday amenities, you'll love having everything you need close to home. Situated on a large privacy-fenced corner lot this property offers plenty of outdoor space for children, pets, gardening, or creating your own backyard retreat--all with no HOA restrictions. Step inside to a warm and inviting open living area featuring a cozy wood-burning fireplace, perfect for relaxing evenings with family and friends. One of this home's standout features is its versatile floor plan. The third bedroom is currently being used as a home office, but thanks to its side hallway entrance, large archway connecting to the kitchen, and closet, it can easily serve as a bedroom, formal dining room, office, playroom, or flex space. Simply close the doors to both entrances, and you have a private third bedroom--giving you the flexibility to adapt the home to your lifestyle without sacrificing space. Whether you're a first-time homebuyer, military family, or simply looking for a home with room to grow, this property offers endless possibilities. Don't miss your opportunity to own this well-located, move-in-ready home with a flexible layout, spacious fenced yard, and no HOA. Schedule your private showing today!

Single-familyProperty Type

2002Year Built

6,970 sq ftLot Size

$187Price/Sq.Ft.

2 car garageParking

Listed by Terry Nutter • Realty One Group Emerald Coast

Listing updated: Aug 20, 2026 at 01:33am

Redfin checked: 2 minutes ago

•Source:CPARMLS #793613

Payment calculator

$1,640 per month

Principal and interest$1,366

Property taxes

$76

HOA dues

Home insurance

$197

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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4 beds3.5 baths2,826 sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Parker Elementary School

Public PreK-5 • Assigned • 0.4mi

4/10

Rutherford High School

Public 6-12 • Assigned • 2.3mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

505 Phillips Ct · $260,000

Strong offer

$260K and above

75% chance or better to win

Why $260K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 75 days.

SALE-TO-LIST

Most homes are selling 3% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Main-level primary bedroom
Tub with shower
Walk-in pantry

Bedrooms
Primary bedroom on the main level
Additional bedrooms on the main level

Bathrooms
2 full bathrooms

Kitchen
Electric oven
Electric range
Walk-in pantry

Laundry & utility
Electric water heater

Heating & cooling
Central heating
Electric heating
Fireplace(s)
Central air conditioning
Ceiling fans

Sale and tax history for 505 Phillips Ct

Sale History
Tax History

Date

Event

Price

CPARMLS #793613

Jan 15, 2026

Listed

$260,000

$187/sq ft

CPARMLS #377321

Apr 25, 2008

Sold

$164,000

$118/sq ft

Jan 17, 2008

Listed

$172,000

$123/sq ft

Beautiful home in the heart of East Bay County. Close to everything! Shopping, dining, TAFB. .. you name it, it's close! Not to mention this is a large privacy fenced lot on the corner! Great layout for a new family! Could also be used as a 2 bedroom with formal dining room, as one room has a side door which leads into the hallway and a grand archway that joins the kitchen. Need another room? Just close the doors to both entrances and now you have a 3 bedroom, all with closets! You don't have to give up anything! This is a must see and won't last long! Call today for your appointment!

Public Records

Aug 5, 2002

Sold

$100,900

$72/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$913 (+4.3%)

2024

$875 (+3.4%)

2023

$846 (+37.0%)

2022

$618 (+0.8%)

2021

$613 (+0.9%)

2020

$608 (−36.1%)

$27,800 + $65,304

$93,104

2019

$952 (−16.1%)

$23,395 + $66,235

$89,630

2018

$1,134 (−3.1%)

$23,395 + $81,668

$105,063

2017

$1,170 (−4.1%)

$23,395 + $82,836

$106,231

2016

$1,220 (−3.0%)

$23,395 + $83,995

$107,390

2015

$1,258 (−0.9%)

$21,500 + $85,163

$106,663

2014

$1,269

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,094 Sq. Ft.

Year renovated

2002

Finished Sq. Ft.

1,394

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,394

Year built

2002

Style

Single Family Residential

County

Bay County

APN

25152520000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 18, 2026.

Climate risks

6/10 Flood Factor

Estimated 69-77% chance of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

10/10 Heat Factor

7 days above 104° expected this year, 21 days in 30 years

9/10 Wind Factor

99% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Panama City, FL • 32404

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

87/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

6.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 505 Phillips Ct

We cannot show automated home-value estimates for this home.

Nearby homes have recently sold between $239,000 and $320,000.

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $239K to $320K.

SOLD JUN 12, 2026
$320,000 Last sold price
3 beds2 baths1,526 sq ft
5204 Park St, Panama City, FL 32404
$23/sq ft
larger lot
26 years older
SOLD AUG 10, 2026
$316,000 Last sold price
3 beds2 baths1,368 sq ft
5320 Lake Dr, Panama City, FL 32404
$44/sq ft
larger lot
24 years newer
SOLD JUN 15, 2026
$250,000 Last sold price
3 beds2 baths1,344 sq ft
103 S Charlene Dr, Panama City, FL 32404
$1/sq ft
larger lot
31 years older
SOLD JUL 29, 2026
$239,000 Last sold price
4 beds2 baths1,400 sq ft
4570 Cedar St, Panama City, FL 32404
$16/sq ft
larger lot
33 years older
SOLD JUN 30, 2026
$290,000 Last sold price
3 beds2 baths1,510 sq ft
175 Hill Dr, Panama City, FL 32404
$5/sq ft
larger lot
22 years newer
SOLD JUN 8, 2026
$269,900 Last sold price
3 beds2 baths1,532 sq ft
4934 Donalson Rd, Panama City, FL 32404
$11/sq ft
36 years older

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