See Home Value
Bay 32404
403 Highway 2297
$673,750
● House - Off Market

403 Highway 2297

Panama City, FL 32404
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,701 Ft²
$3,705
Est. Monthly

About This Property

Rare opportunity to own a beautifully updated 3-bedroom, 2-bath brick home with Gulf access, situated on 5 private acres along Cook's Bayou. This property offers exceptional flexibility-bring the boat, RV, four-wheeler, or horse-with room to live, work, and play in a peaceful waterfront setting.

Built in 1976 and thoughtfully renovated, the 1,855 sq ft home blends classic character with modern upgrades. Interior features include fresh paint, quartz countertops, new ceiling fans, and closet organizers throughout. The primary bathroom has been fully remodeled, and the kitchen is equipped with an induction cooktop, double ovens with convection and air-fryer modes, and stainless steel appliances-all less than three years old. Significant improvements include popcorn ceiling removal, 2024 HVAC, Honeywell programmable thermostat, Pristine Air UV filtration system, water softener, generator outlet, 2017 metal roof, hurricane ties for wind mitigation, and a whitewashed brick exterior.

Outdoor amenities include a solar-powered gated entrance, 12'x32' shed, motorized screened back porch, raised metal garden beds, citrus trees, private pond, and mature moss-draped oak trees. Nearly $30,000 in dock upgrades include an expanded dock and 7,000-lb boat lift, providing direct access to the Gulf.

Property sits on tidal waters with Gulf access through Cook's Bayou. Bridge vertical clearance is approximately 9'6", suitable for smaller boats. John Deere tractor and attachments convey with sale.

Ideal for a private waterfront homestead, recreational retreat, or future expansionthis unique property offers space, privacy, and true Florida waterfront living.
Unit Size
1,701 Ft²
Days on Market
161 days
Land Size
5.17 acres
Price per sqft
$405
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1976

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (ECAR #994924)

Price History

Date / Event Date Event Price
Jul 21, 2026 Sold
Sold
May 23, 2026 In contract -
In contract
May 16, 2026 Price Decreased $689,000
↓ $10K (1.4%)
Price Decreased
Feb 10, 2026 Listed by Legacy Premier Agency LLC $699,000
Listed by Legacy Premier Agency LLC
Jul 1, 2025 Listed $699,000
Listed
PRICED BELOW APPRAISED VALUE Welcome to your own slice of paradise on Cook's Bayou. A rare opportunity to own a beautifully updated 3-bedroom, 2-bathroom brick home with gulf access, nestled on 5 serene acres adorned with moss draped oaks, lush herb gardens, and a private pond. Originally built in 1976 and thoughtfully renovated over the years, this 1,855 sq ft home offers a perfect blend of vintage character and modern amenities. Step inside to a light and airy interior featuring fresh paint, quartz countertops, new ceiling fans, and closet organizers throughout. The entire master bath has been fully remodeled, and the kitchen is a chef's dream with induction cooktop, double ovens with convection and air fryer modes, and like-new stainless appliances (all less than 3 years old). Rest easy knowing key upgrades have already been completed, including asbestos abatement, popcorn ceiling removal, a 2024 HVAC system, Honeywell programmable thermostat, Pristine Air UV filter, water softener system, and generator outlet for peace of mind. The home also features a 2017 metal roof, hurricane ties for wind mitigation, and a whitewashed brick exterior that adds timeless curb appeal. Outside, the upgrades continue with a solar-powered entrance gate, 12'x32' shed, motorized porch screen to fully enclose the back porch, raised metal garden beds, citrus trees, and room to expand or just enjoy the quiet of your surroundings. Boaters will love the nearly $30,000 in upgrades to the expanded dock, including a 7,000 lb. boat lift, offering seamless access to the Gulf from your backyard. And for those who like to work the land, a John Deere tractor and attachments are included with the purchase. Whether you're looking for a private waterfront homestead, a peaceful retreat, or a place to build your future, this one-of-a-kind property on Cook's Bayou has it all.
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 529
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 225,118
  • Total Building Area: 2,230
  • Gross Building Area: 2,230
  • Building Area: 1,701
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,701
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005168
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 13 4S 13W 10A -8.3-163A BEG 210 N OF SW COR OF NE1/4 OF SEC TH N 436.61 TO SELY R/W CNTY RD #2297 NELY ALG R/W 50 SELY 461.46 S 521.99 TO SEC LINE W 308.22 N 210 W 210 TO POB ORB 4520 P 790

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 000500

Zoning

  • Zoning: BC15

Geography

  • Parcel: 06656-035-000
  • Meridian: SEC 13 TWN 04S RNG 13W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.1391
  • Longitude: -85.4971

    Address

  • Full Address: 403 Highway 2297
  • Address - House Number: 403
  • Address - Street Name: Highway 2297
  • State: FL
  • City Name: Panama City
  • Carrier Code: H074
  • 4-Digit Zip Code: 2711
  • Zip Code: 32404

Valuation

    Tax

  • Total Area: 2,144
  • Tax Year: 2023
  • Tax Amount: $402,584
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 90
  • Final Value: 474,027
  • High Value: 520,656
  • Low Value: 427,399

    Market Valuation

  • Market Total Value: $357,345
  • Market Land Value: $89,096
  • Market Improvement Value: $268,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,345
  • Assessed Land Value: $89,096
  • Assessed Improvements Value: $268,249

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 03, 2022
  • Current Sale Recording Date: Feb 07, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8649
  • Previous Sale Recording Date: May 30, 2017
  • Previous Sale Contract Date: May 25, 2017
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bay


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 403 Highway 2297 built and last sold?
The property at 403 Highway 2297 was built in 1976 and last sold on Feb 3, 2022 for $385,000.
How much is this home worth?
The estimated value of the home located at 403 Highway 2297 is $656,462.
What are some comparable homes to 403 Highway 2297?
There are currently no comparable homes to 403 Highway 2297.