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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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186 White Cap Way , Panama City Beach, FL 32407
$270,000
Est. Payment: $1,369.25/mo
3 Bed
3 Bath
1432 Sqft
Status: pending | Days on site: 7
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

**BEST PRICED PALM COVE TOWNHOME** This roomy 3-bedroom, 3-bath townhome is your chance to own a slice of Panama City Beach without breaking the bank. Whether you're looking for your own coastal oasis or a short-term rental moneymaker, this spot checks all the boxes. Step inside and you're greeted by vaulted ceilings, tons of natural light, and an open layout that just feels good. New Carpet, flooring, and fixtures throughout the home. The main level features new floors, a spacious living area, and a bright kitchen with plenty of cabinet space, a breakfast bar, and stainless steel appliances. Head upstairs to a private loft-style bedroom with its own full bath, perfect for guests or Airbnb setups. Out back, you've got a private covered patio, ideal for post-beach chill sessions, grilling, or kicking back with a cold drink. The exterior is low-maintenance, the HOA is minimal, and the location? You're minutes to the beach, Pier Park, Shipwreck Island, St. Andrews State Park, shopping, dining, and all the tourist favorites that make PCB a vacation hotspot. Solid bones, fresh updates, and the flexibility to live in it, rent it out, or do both. Don't let this opportunity slip by—affordable beach-town real estate like this doesn't come along every day.

Highlights

Listed by Joshua Hoey , 850-303-4050 Think Real Estate , 850-270-4200. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.04

HOA Fee

497 Quarterly

Year Built

2005

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Palm Cove

Listing ID

793243

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Interior Steps, Main Level Primary, Tub Shower, Loft

Exterior Features

Lot:Paved
Lot Dimensions:63 x 25
Zoning:Resid Single Family
Roof:Shingle
Others:
  • Additional:Porch
Sewer:Public Sewer
Parking Features:Gated
Principal Interest
$1,369
Taxes
$172
HOA
$497

Home Price

$270,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$54,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,369.25

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,369.25 $172.13 $497.00 $2,038.37
Yearly $16,430.96 $2,065.50 $5,964.00 $24,460.46
Total $492,928.86 $61,965.00 $178,920.00 $733,813.86

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS