REO property. BRAND NEW ROOF. Welcome to this 2 bed, 1.5 bath, two-story townhome in the heart of Panama City Beach offering 1,122 sq ft of comfortable living space. The home features an open living and dining area, great natural light, and a functional kitchen, ideal for everyday living or entertaining. Enjoy peace of mind with a BRAND NEW ROOF and the flexibility of NO HOA perfect for a primary residence, second home, or investment property. With one bedroom upstairs and one downstairs, the layout offers flexibility and privacy for owners and guests alike. Conveniently located just minutes from the beach, shopping, dining, and attractions like St. Andrews State Park, public beach access, and more. Some images in this listing have been virtually staged. This property is eligible under the First Look Initiative which expires after 30 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing.