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1816 Discovery Loop
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For Sale

1816 Discovery Loop

1816 Discovery Loop, Panama City, FL 32405

$530,000
$530,000

1816 Discovery Loop

3 Beds 3 Baths 2,338 Sq.Ft. 5,140 Sq.Ft.

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.

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Location

1816 Discovery Loop, Panama City, FL 32405

Status

For Sale
David Thomasee

David Thomasee

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms3
  • full bathrooms2
  • half bathroom1
  • APPLIANCES Electric Water Heater, Gas Oven, Gas Range, Water Softener Owned
  • other interior Features Interior Steps, Smart Thermostat, Upper Level Primary

Area & Lot

  • Status For Sale
  • Living Area2,338 Sq.Ft.
  • Total Area2,338 Sq.Ft.
  • Lot Area5,140 Sq.Ft.
  • MLS® ID790780
  • TypeResidential
  • YEAR BUILT2019
  • Architecture StylesCraftsman
  • Elementary SchoolNorthside
  • Middle SchoolJinks
  • High SchoolBay

Exterior

  • STORIES2
  • Garage Space2.0
  • utilitiesCable Connected, Electricity Available, Underground Utilities
  • PoolCommunity
  • roofShingle
  • lot featuresSprinkler System, Paved
  • parkingAlley Access
  • HEAT TYPEElectric
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s)
  • sewerPublic Sewer
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
  • other exterior FeaturesPorch

Financial

  • Sales Price$530,000
  • Real Estate Tax $5,070/yr
  • HOA $441/3 mos
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1816 Discovery Loop, Panama City, FL 32405. We are reviewing your request and will be in touch shortly!

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