Address

1816 Discovery Loop, Panama City, FL

Listing Type

Active

Price

$ 530,000

Property Attributes

MLS#790780
TypeSingle Family
Listing Status Active
CountyBay
CityPanama City
Area02 - Bay County - Central
NeighborhoodSweetbay
Zip32405
Style
Year Built2019
Taxes$ 5070
Price$ 530,000
Bedrooms3
Full Bathrooms2
Half Bathrooms1
Sqr Footage2338
Lot Size0.12 Acres

Data Source:

Central Panhandle Association of REALTORS® (CPAR)

Property Description

ASSUMABLE VA LOAN AT AN ESTIMATED 2.25% INTEREST RATE! Qualified buyers may have the opportunity to assume the seller's existing VA loan, with an estimated balance of approximately $319,000--a financing opportunity that can make a significant difference in the monthly cost of homeownership. Enjoy the best of SweetBay living in this beautifully upgraded 3-bedroom, 3.5-bath home with 2,314 square feet, a golf cart-friendly lifestyle, exceptional energy-efficient features, and a convenient location near University Academy. Built in 2019, the home has been thoughtfully upgraded for comfort, efficiency, and everyday living. Custom features include a pantry, under-stair storage room, built-in library shelving and cabinetry in the loft, living room storage benches, and a dedicated laundry folding station with additional storage. Major improvements include a new roof installed in 2025, PAID-OFF SOLAR PANELS, tankless water heater, whole-home water softener, reverse osmosis drinking water system, UV air purification on both HVAC units, solar-powered attic fan, hurricane shutters, gutters, and smart irrigation. Together, these energy-efficient improvements contribute to an average electric bill of approximately $70 per month. Outside, you'll find a screened lanai, fenced backyard with an expanded golf-cart access gate, hardscaped outdoor areas, detached rear-entry garage, and convenient curbside parking. Additional features include custom cellular shades, ceiling fans throughout, heavy-duty garage shelving, an ADT security system, and extensive built-in storage. Located in one of Panama City's most sought-after communities, SweetBay offers parks, trails, waterfront amenities, community events, and convenient access to shopping, dining, and everyday necessities. With extensive upgrades, remarkably low energy costs, and the potential to assume a VA mortgage at an estimated 2.25% interest rate, this home offers an opportunity that's increasingly difficult to find. VA loan assumption is subject to lender/servicer approval, buyer qualification, and applicable VA requirements.

Elementary School	Middle School	High School
Northside Elementary School	Jinks Middle School	Bay High School

Price History
6/4/2026	Listed $545,000
8/16/2026	1$540,000
9/4/2026	2$530,000

General Features

Sewer	Public Sewer
Utilities	Cable Connected,Electricity Available,Underground Utilities
Property Subtype	Single Family Residence
Tax Year	2025
Community Features	Basketball Court,Beach,Playground,Pool
County	Bay
Property Type	Residential
HOA	true
Subdivision Name	Sweetbay
Special Listing Conditions	Listed As-Is
Status	Active
Directions	From the intersection of Sweet Bay Ave and Hwy 390, travel north on Sweet Bay Ave until you reach the intersection of Discovery Loop. Turn west onto Discovery Loop and travel approximately 3/4 of a mile. Residence will be on the right (north) side of the roadway.
High School	Bay
City	Panama City
Zoning Description	Resid Single Family
MLS Area	02 - Bay County - Central
Lot Size Units	Acres
Lot Size Square Feet	5140
Elementary School	Northside
Tax Annual Amount	5070
Middle/Junior High School	Jinks
MLS Area Minor	0204 - Bay - Central NW
Standard Status	Active
Property Sub Type Additional	Single Family Residence
Occupancy Type	Vacant
Year Built	2019
Association Fee Includes	Other,Playground,Pool(s),See Remarks
Heating	Electric
Cooling	Central Air,Ceiling Fan(s)
Appliances	Electric Water Heater,Gas Oven,Gas Range,Water Softener Owned
Patio/Porch Features	Covered,Porch,Screened
Construction Materials	HardiPlank Type,Vinyl Siding,Wood Frame
Attached Garage	false
Garage Y/N	true
Total Rooms	4
Full Baths	2
Garage Spaces	2
Architectural Style	Craftsman
Stories Count	2
Levels	Two
HOA Fee	441
Assoc Fee Paid Per	Quarterly
Pool Features	Community
Security Features	Carbon Monoxide Detector(s),Smoke Detector(s)
New Construction	false
Energy Efficient	Solar Panel(s)
Roof	Shingle

Interior Features

Total Baths	3
Interior Amenities	Interior Steps,Smart Thermostat,Upper Level Primary
Furnished Units	None
Air Conditioning Y/N	true
Heating Y/N	true
Total Bedrooms	3
LivingAreaSource	Appraiser
Half Baths	1
Total Stories	2

Exterior Features

Lot Features	Sprinkler System,Paved
Lot Size Area	0.12
Lot Dimensions	45 x 115
Lot Size Acres	0.12
Road Frontage Type	City Street
Parking Features	Alley Access
Building Area Total	2338
Waterfront Y/N	false
Exterior Amenities	Porch
Road Responsibility	Public Maintained Road
Fencing	Privacy
Other Equipment	Air Purifier