Colony Subd Phase 1 Homes for Sale

Welcome to Colony Subdivision Phase 1, a hidden gem nestled in the heart of Panama City Beach, Florida. This charming community offers a perfect blend of coastal living and suburban tranquility, making it an ideal choice for families, retirees, and everyone in between. With its prime location in Bay County, residents enjoy easy access to the stunning beaches, vibrant local culture, and an array of outdoor activities that the area is renowned for.

Colony Subdivision Phase 1 features a selection of beautifully designed homes for sale, each exuding a unique character while maintaining a cohesive neighborhood charm. These residences boast spacious layouts, modern amenities, and picturesque landscaping, providing the perfect backdrop for your Florida lifestyle. Whether you’re looking for a cozy bungalow or a larger family home, Colony Subdivision has something to suit every taste and budget.

Imagine waking up to the sound of gentle waves and the scent of salt in the air, all while being just minutes away from the pristine shores of Panama City Beach. The community is conveniently located near local shops, restaurants, and recreational facilities, ensuring that everything you need is within reach.

For those seeking a vibrant community with a laid-back atmosphere, Colony Subdivision Phase 1 is an exceptional choice. Explore our listings today and discover the perfect place to call home in this idyllic Florida paradise. Your dream home awaits!

Newest Colony Subd Phase 1 Homes for Sale

$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.

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