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3615 Phillips Lane, Panama City, FL 32404

NONESUCH WAY · Bay County

Key Facts

2Beds
2Baths
1,840Sq Ft
1987Year Built
0.96Lot (acres)
2Garage

Description

Welcome to Phillips Lane - a quiet, well-located gem in the heart of Panama City. This inviting home offers a comfortable blend of everyday functionality and Florida charm, perfect for full-time living, a second home, or an investment opportunity. This 2 bedroom, 2 bathroom home sits on almost a full acre of land and has two additional rooms without closets. Primary bedroom is onthe second floor and features a private balcony from which to enjoy calming views of the surrounding area. The Primary bathroom as double vanities and a walk-in shower. There is another full bath with a tub-shower combination & a single vanity. There is also a loft space above the two car garage that would be perfect for a studio apartment, craft area or storage space. Furnishings can be sold too if desired

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Florida Cottage

Year Built

1987

Living Area

1,840 sq ft

Lot Size

0.96 acres

Lot Dimensions

190x220

Garage Spaces

2

Zoning

Resid Single Family

Days on Market

129

MLS® Listing#

994035

Property Features

Exterior:
Balcony
Appliances:
Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Electric Oven
Cooling:
Central Air, Electric
Pool:
None
Parking:
Detached, Garage
Patio:
Porch
Lot Features:
Cleared, Interior Lot, Level
Construction:
Wood Siding
Roof:
Metal
Utilities:
Electricity Available
Sewer:
Septic Tank
Water Source:
Well

Rooms

  • Bedroom20 x 12Second
  • Kitchen19 x 10First
  • Living Room19 x 10First
  • Master Bedroom20 x 16Second

Schools

Elementary:
Cedar Grove
High:
Rutherford

HOA & Tax

Annual Tax:
$3,554 (2025)
Parcel #:
15029-002-000

Directions

Follow Phillips Lane to the house on the left. Phillips Lane is a private road. Use GPS

Affordability Calculator

$58,600

Estimated monthly payment

$1,559/mo

Principal $234,400 · Est. interest $327,009 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City, FL

$378,902
Median Listing Price
111
Median Days on Market
1,544
Median Sq Ft
$255
Median Price / Sq Ft
6,114
Active Listings
  • This home’s price is 23% below the area median.
  • Its price per sq ft is 37% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City, FL.

Location

  • 3615 Phillips Lane, Panama City, FL 32404

Walk Score

Walk
Bike

Nearby Schools

  • Rutherford High School

    Secondary · 0.7 mi away

  • Everitt Middle School

    School · 0.9 mi away

  • Springfield Elementary School

    Elementary · 1.0 mi away

  • Cedar Grove Elementary School

    Elementary · 1.0 mi away

  • The Learning Factory

    School · 1.2 mi away

  • Margaret K Lewis School

    School · 1.8 mi away

  • Oscar Patterson Elementary Magnet

    Elementary · 2.0 mi away

  • C C Washington Academy

    School · 2.1 mi away

  • Rosenwald High School

    Secondary · 2.1 mi away

  • Rosenwald Middle School

    School · 2.1 mi away

  • Parker Elementary School

    Elementary · 2.3 mi away

  • Callaway Elementary School

    Elementary · 2.4 mi away

  • A D Harris Headstart

    School · 2.5 mi away

  • Hiland Park Elementary School

    Elementary · 2.7 mi away

  • Merriam Cherry Street Elementary

    Elementary · 2.8 mi away

  • Bay Regional Juvenile Detention Center

    School · 2.9 mi away

  • The Education Center of Panama City

    School · 3.0 mi away

  • Eagle Nest Christian Academy

    School · 3.0 mi away

  • Holy Nativity Episcopal School

    School · 3.1 mi away

  • Chautauqua Charter School

    Secondary · 3.2 mi away

Commute Calculator

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EXIT Agents in Panama City

Listing Courtesy: Exit Realty Anchor South - 8509744890

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#994035. © 2026EXIT Realty®. All rights reserved.