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Harrison Lilly

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

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517 N Gray Ave , Panama City, FL 32401
$235,000
Est. Payment: $1,191.88/mo
3 Bed
2 Bath
1172 Sqft
Status: active | Days on site: 52
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

MOTIVATED SELLER!! ATTRACTIVE AND AFFORDABLE HOME NEAR TYNDALL AFB! Living life in the heart of panama city doesn't get more affordable than this! Welcome to 517 N Gray Avenue, a beautifully brand new construction built in 2026 home offering the perfect blend of modern comfort and timeless charm in the heart of Panama City. Whether you're searching for a primary residence, first-time home, or investment opportunity, this move-in-ready property is sure to impress. Step inside to discover a bright, inviting floor plan featuring spacious living areas, abundant natural light, and stylish finishes throughout. The thoughtfully designed kitchen offers ample cabinetry and workspace, making meal preparation and entertaining a breeze. Comfortable bedrooms provide peaceful retreats, while the updated bathroom(s) add both style and functionality. Outside, enjoy a generous yard with plenty of room for outdoor entertaining, gardening, pets, or future additions.Includes Samsung appliances, 65' TV with a custom accent wall, and foam roof for energy efficiency. Newly landscaped yard with fresh grass and a mature pear tree. Conveniently located just minutes from downtown Panama City, local shopping, dining, schools, parks, and a short drive to the white sandy beaches of the Gulf Coast, this home offers both convenience and lifestyle. Don't miss your opportunity to own this charming Panama City property. Schedule your private showing today!

Highlights

Listed by Shari Steele , 850-890-2555 Chesnut Realty, Inc , 850-276-2326. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.16

Year Built

2026

County

Bay

Area

02 - Bay County - Central

Neighborhood

Pine Crest Add To Callaway

Listing ID

790619

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Range
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Main Level Primary, Shower Only

Exterior Features

Lot Dimensions:47x144
Zoning:Resid Single Family
Roof:Shake
Others:
  • Additional:Patio
Principal Interest
$1,192
Taxes
$22

Home Price

$235,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$47,000
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:
$1,191.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,191.88 $21.92 $0.00 $1,213.79
Yearly $14,302.51 $263.00 $0.00 $14,565.51
Total $429,075.24 $7,890.00 $0.00 $436,965.24

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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