Colony Subd Phase 1 Real Estate

Welcome to Colony Subdivision Phase 1, an enchanting community nestled in the heart of Panama City Beach, Florida. This charming neighborhood offers a unique blend of coastal living and suburban comfort, making it the perfect place to call home.

Colony Subdivision Phase 1 is ideally situated just moments away from the stunning white sandy beaches and crystal-clear waters that Panama City Beach is renowned for. Residents can enjoy easy access to a variety of outdoor activities, including swimming, fishing, and beach volleyball, all while basking in the year-round sunshine. The area is also home to numerous parks and recreational facilities, perfect for families and nature enthusiasts alike.

This vibrant community features well-planned streets lined with beautiful homes, many of which boast modern designs and spacious layouts. With a variety of floor plans available, prospective homeowners can find the perfect fit for their lifestyle. The neighborhood fosters a strong sense of community, encouraging friendly interactions and gatherings among neighbors.

Colony Subdivision Phase 1 is conveniently located near essential amenities, including shopping centers, restaurants, and schools, ensuring that residents have everything they need within reach. The local dining scene offers a delightful mix of casual eateries and fine dining, showcasing the fresh seafood that the Gulf Coast is famous for.

Whether you are looking for a peaceful retreat or an active lifestyle, Colony Subdivision Phase 1 offers an idyllic setting for all. Discover the charm of this wonderful community and experience the best of Panama City Beach living!

Newest Listings in Colony Subd Phase 1

$525,000

4 Beds ⋅ 2 Baths ⋅ 788291 MLS

PRICE REDUCED TO 525K AND STILL COMES WITH 15K SELLER CREDIT. SOUGHT AFTER COLONY CLUB HOME BACKS UP TO LEGACY GOLF COURSE WITH ENCLOSED IN-GROUND POOL! NO HOA! This very open and airy 4/2 home has a split bedroom plan with high ceilings and crown molding through out. Beautiful big windows ensures plenty of light. Master bedroom has walk in closet and boasts a huge master bath with jacuzzi tub and large shower. Real bamboo floor in the living room, tile in the kitchen and hallways, and carpets in the bedrooms. Only 1 mile from the sandy beach. New roof in 2023, energy efficient geothermal HVAC installed 2 years ago and the pool was re-lined last year. Comes with irrigation system with shallow well and pump. Backyard backs up to the beautiful Legacy golf course and neighborhood has underground utilities. Washer/Dryer and extra Refridgerator conveys. All measurements are approximate and buyer should verify.

356 Fairway Boulevard, Panama City Beach

Listing courtesy of Anchor Realty Florida.

$669,900

3 Beds ⋅ 2 Baths ⋅ 787964 MLS

3BR/2BA pool home in Colony Club in Panama City Beach. Legacy Golf Course setting, 3,200 sq ft, no HOA, plus major 2026 updates. Now offered at $679,900, this 3-bedroom, 2-bath Panama City Beach pool home offers approximately 3,200 square feet, multiple living areas, two offices, and a golf course setting in Colony Club. The 0.34-acre property has no HOA and is approximately 1.4 miles from Panama City Beach Public Beach Access 51. The interior provides flexible space for everyday living, entertaining, remote work, hobbies, and storage. The main living area features vaulted ceilings and arched windows overlooking the pool and golf course, while a second living area is centered around the fireplace. A formal dining area, a built-in sitting nook, a bonus room, and two separate offices add functionality without reducing the primary gathering spaces. The kitchen includes quartz countertops, extensive cabinetry, a breakfast bar, and adjoining beverage storage with bar and wine refrigerators. The primary suite offers a sitting area, a walk-in closet, a soaking tub, a separate shower, a bidet, and a double vanity. Two additional bedrooms are located on the opposite side of the home. A room originally designed as a fourth bedroom is now a large custom closet with built-in storage, a sink, and a vanity. A buyer who prefers a fourth bedroom may choose to convert the space back, making the layout especially useful for those who need additional sleeping space, storage, or a flexible-use room. Major 2026 improvements include a new HVAC system, a new water heater, and a new pool liner. Additional practical features include no HOA, public water and sewer, underground utilities, a two-car garage, a wide driveway with four parking spaces, and a location currently shown in FEMA Flood Zone X. The outdoor setting includes a large private in-ground pool with a safety fence, a fenced backyard, a covered 19-by-15-foot porch, and a thick Zoysia lawn. The rear of the property overlooks Legacy Golf Course, while the pond across Eagle Drive provides a water view from the front. Pier Park, Topgolf, shopping, dining, Gulf access, and multiple public beach access points are nearby. Northwest Florida Beaches International Airport is also within convenient driving distance for regional and out-of-state travel. Call to schedule a private showing to explore the home's space, flexible layout, pool setting, and recent 2026 improvements in person. All measurements, dimensions, fees, rental information, and other property details are approximate and should be independently verified by the buyer or buyer's agent if material to the purchase decision.

258 E Eagle Drive, Panama City Beach

Listing courtesy of Compass Florida, LLC.

Start Your Search

Copyright© 2016 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

Vendor Member Number : 28166