Waterfront living becomes remarkably attainable in this expansive bayfront townhome, where sweeping water views, an impressive private dock and a rare no-HOA setting create an opportunity seldom found at this price point.

Soaring cathedral ceilings elevate the formal great room, where an electric fireplace adds warmth and architectural character beneath the dramatic second-story vault. Natural light pours through etched leaded glass accents and the rear wall of windows, drawing the eye toward the bay and the ever-changing colors of the evening sky.

The kitchen features elegant Italian porcelain tile and comes fully equipped with all appliances, offering both beauty and everyday functionality. Just beyond the main living area, a glass-enclosed Florida room transitions to a screened sunroom and a generous 26-by-16-foot deck—an ideal sequence of spaces for entertaining, unwinding or simply enjoying the rhythm of the water.

Outside, an impressive 85-foot private dock extends into the bay, creating the perfect setting for paddleboarding at sunrise, kayaking along the shoreline, casting a fishing line or relaxing as boats drift by and the sun slips below the horizon.

The residence includes three bedrooms, two-and-a-half baths and a two-car garage, along with a charming screened front porch connected by a café-style walkway lined with lighting and flowers. Located within a walkable waterfront community, this property offers the rare combination of space, character and true bayfront living.

Panama City continues to grow as one of the Emerald Coast’s most appealing waterfront destinations, offering a balance of laid-back coastal living and everyday convenience. Residents enjoy easy access to marinas, waterfront dining, parks and the sugar-white beaches just across the bay, all while maintaining the relaxed pace that makes this area so special.