For sale Home

Listed Oct 16, 2026

$225,000 Est. $1,488/mo

3938 Peters Drive

  • 3

    Beds

  • 2

    Baths

  • 1,399

    Sq ft

The story

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!

Facts & features

Home type

Home

Year built

1974

Price per sq ft

$161

Included features

  • Cooling

    Central Air

  • Heating

    Central

  • Appliances

    Electric Oven, Electric Range, Electric Water Heater

  • Flooring

    Plank, Vinyl

  • Roof

    Metal

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$1,488 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,198
  • Property tax $225
  • Insurance $66

Includes principal, interest, taxes & insurance.

Your Property Journey

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Listing Broker

EXP Realty LLC

Broker Name

EXP Realty LLC

Agent

Kayla McDaniel

Location

Jacksonville FL 32256