$605,000

205 Cottontail Lane, Panama City, FL 32405

5 beds |
4 baths |
3,547 sqft

Single-Family Home
Built in 1983
0.27acre lot
2 car garage
$171/sqft
Listed 6 months ago

Property Description

Investor Alert! *REDUCED TO $605K* Rare opportunity in Panama City - a spacious 4BR/3BA main home PLUS a detached 1BR/1BA guest house! Perfect for short-term rentals, house hacking, or multigenerational living. The main home features an open floor plan, updated finishes, and generous living space. The private guest house has its own entrance, full kitchen, and bath - ideal for Airbnb, long-term rental, or in-law suite. Situated on a cul-de-sac with NO HOA, ample parking, in ground saltwater pool and a large fenced yard.

Listing Status:: Active
Date Added:: June 20, 2025 at 05:00AM
Listing Office:: Keller Williams Success Realty : 850-249-0313
MLS ID:: 775184

General: Additional Living QuartersBeamed CeilingsBreakfast BarFireplaceHigh CeilingsIn-Law FloorplanInterior StepsKitchen IslandPantryVaulted Ceiling(s)Window Treatments
Appliances: DishwasherDisposalRefrigeratorWine Refrigerator
Flooring: CarpetLaminateTile
A/C: Central AirCeiling Fan(s)Multi Units
Heating: CentralElectricFireplace(s)Propane
Fireplace: Fireplace

General: PorchGuest HouseShed(s)
Style: Traditional
Other Structures: Guest HouseShed(s)
Pool: In GroundSalt Water
Parking: Additional ParkingAttachedDrivewayGarage

General: Vinyl Siding

Road/Access: Paved
Originating MLS: CPAR_CPAR
County: Bay

Zoning: PREMIER ESTATES PHASE ONE LOT 36 BLK B ORB 4657 P 19911822-220-000
Fencing: Fenced

Sewer: Public Sewer

Source: CPAR_CPAR

This listing courtesy of Keller Williams Success Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hiland Park Elementary School

2507 E Baldwin Rd, Panama City, FL, 32405

Grades KG-5

1.56 miles away

Mowat Middle School

1903 W Highway 390, Lynn Haven, FL, 32444

Grades 6-8

1.53 miles away

A Crawford Mosley High School

501 Mosley Dr, Lynn Haven, FL, 32444

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.