NEW TANKLESS WATER HEATER JUST INSTALLED! No lot rent you own the land! Enjoy affordable coastal living just 1.5 miles from the beach in the highly desirable Greenwood Acres 55+ community. This 3-bedroom, 2-bath home offers the perfect combination of comfort, convenience, and value. A bright front sunroom provides the ideal space to enjoy your morning coffee, relax with a good book, or entertain guests. (Sunroom is not included in the heated and cooled square footage.) Outside, you'll find an attached carport, deck area, and storage shed, providing plenty of storage and outdoor living space. Major updates include a metal roof (2017), windows (2017), central A/C and heat pump (2022). Greenwood Acres is a sought-after land-owned community offering a clubhouse, community pool, planned social activities, and gated RV/boat storage. The HOA fee includes water, sewer, garbage service, lawn maintenance, cable, Xfinity Wi-Fi, and community amenities, making ownership both simple and affordable. Conveniently located near shopping, dining, golf courses, medical facilities, entertainment, and Panama City Beach's world-famous white-sand beaches, this home is ideal for year-round living or a seasonal retreat. Short-term rentals are not permitted, helping preserve the peaceful atmosphere and strong sense of community residents enjoy. Don't miss this opportunity to own land, enjoy low-maintenance living, and experience the best of the Florida coastal lifestyle. Schedule your private showing