For Sale
Single family home for sale at 3938 Peters Dr, Panama City, FL 32405 | MLS# 796725 | Listing updated on 2026-10-19
Photo 1 of Single family home for sale at 3938 Peters Dr, Panama City, FL 32405 | MLS# 796725 | Listing updated on 2026-10-19
Photo 2 of Single family home for sale at 3938 Peters Dr, Panama City, FL 32405 | MLS# 796725 | Listing updated on 2026-10-19
Photo 3 of Single family home for sale at 3938 Peters Dr, Panama City, FL 32405 | MLS# 796725 | Listing updated on 2026-10-19
Photo 4 of Single family home for sale at 3938 Peters Dr, Panama City, FL 32405 | MLS# 796725 | Listing updated on 2026-10-19
19+
Beds Icon

Street View

$225,000

Monthly Est:$1,120

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,399sqft

3938 Peters Dr, Panama City, FL 32405

$1,120/moEst:

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  • Single Family Residence

  • Built in 1974

  • $-- HOA

  • 0.24 acre lot

  • $161/sq.ft

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!

  • Houzeo last checked: 7 minutes ago
  • Listing updated: October 19, 2026 at 5:35 pm
  • Listing Provided by: Kayla McDaniel , Coastal & Country Group (850) 851-5508 | EXP Realty LLC (888) 883-8509
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 796725 Bay/Panama City/Central Panhandle MLS-FL

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    1974

  • HOA Fees

    -

  • Finished Area

    1,399 sqft

  • Lot Size

    0.24 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    796725

  • MLS Status

    Active

  • Days on Market

    12

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

  • DiningRoom

    Level: First

    Area: 135.00 Square Feet

    Dimensions: 9 x 15

  • Kitchen

    Level: First

    Area: 117.00 Square Feet

    Dimensions: 9 x 13

  • FloridaRoom

    Level: First

    Area: 228.00 Square Feet

    Dimensions: 12 x 19

  • LivingRoom

    Level: First

    Area: 306.00 Square Feet

    Dimensions: 17 x 18

  • Bedroom

    Level: First

    Area: 99.00 Square Feet

    Dimensions: 9 x 11

  • Bedroom

    Level: First

    Area: 108.00 Square Feet

    Dimensions: 12 x 9

  • PrimaryBedroom

    Level: First

    Area: 144.00 Square Feet

    Dimensions: 12 x 12

Interior

  • Appliances

    Electric Oven, Electric Range, Electric Water Heater

  • Flooring

    Plank, Vinyl

  • Heating

    Central

  • Interior Features

    Main Level Primary

  • Sewer

    Public Sewer

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 1974

  • Home type

    Single Family Residence

  • Foundation Details

    Slab

  • Construction Materials

    Brick

  • Architectural Style

    Contemporary

  • Roof

    Metal

Utilities & Energy

  • Parking Features

    Circular Driveway

Other Features

  • Community Features

    Short Term Rental Allowed

  • Subdivision Name

    College Point Harris Add

Price History

DateEventPrice

10/19/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #796725

Listed for Sale

$225,000 +57.34%

$161/sqft

06/03/2021

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #710667

Price Decreased

$143,000 -10.62%

$102/sqft

06/03/2021

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #710667

Sold

$160,000

$114/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Oct 31, 2026, 07:00PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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