About This Home

This 3-bedroom, 2-bathroom single family at 3938 Peters Drive in Panama City, FL is listed for $225,000 ($161 per sqft). Built in 1974, the home offers 1,399 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1974
  • 0.24 acre lot

Property Details

2 full
1974

Amenities

A/C
Listing Description

Newly renovated, move-in ready, and priced at just $225,000! Welcome to 3938 Peters Drive in Panama City, Florida! This beautifully refreshed 3-bedroom, 2-bathroom home offers 1,399 square feet of living space, a durable metal roof, and an additional 228-square-foot enclosed Florida room, providing extra flexibility and room to spread out.

Step inside to discover new LVP flooring, fresh interior paint, and new appliances that give the home a clean, updated feel. The renovations make this property an appealing option for buyers looking for a move-in-ready home without the hassle of taking on major cosmetic updates.

Outside, you'll find a large, fully fenced backyard with plenty of room for pets, gardening, outdoor entertaining, or simply enjoying the Florida sunshine. Situated in the desirable 32405 zip code, this turn-key property places you just minutes from local shopping, dining, top schools, Tyndall Air Force Base, and the pristine white sand beaches of the Emerald Coast.

Whether you're a first-time homebuyer, looking to downsize, or searching for an investment property in Panama City, this renovated home offers an attractive combination of updates, functional space, and affordability. Updated 3-bedroom homes in Panama City with a fenced backyard and additional enclosed bonus space deserve a closer look, especially at $225,000! Schedule your private showing today and discover everything 3938 Peters Drive has to offer!

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

3938 Peters Drive

Panama City, FL 32405

College Point Harris Add

Features & Amenities

Interior Features

MainLevelPrimary

Property Details

Flooring

VinylPlank

Construction

Brick

Parking

Driveway

Heating

Central

Cooling

Central Air

Appliances

ElectricOvenElectricRangeElectricWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom single family at 3938 Peters Drive is listed at $225,000 ($161/sqft). The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 0.24 acre lot. Interior Features: MainLevelPrimary.

This property is listed by Kayla McDaniel.

KM

Kayla McDaniel

Agent at EXP Realty LLC

Listed by EXP Realty LLC · Broker phone: (888) 883-8509 · View on Broker Site · Broker website

MLS# 796725· Source: Central Panhandle Association of REALTORS· 11 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3938 Peters Drive, Panama City, FL 32405

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