Colony Subd Phase 1 Homes with False Waterfront

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 tranquility and convenience, making it an ideal location for families, retirees, and anyone seeking a slice of paradise.

Colony Subdivision Phase 1 boasts beautiful homes with a unique feature: false waterfront access. While these residences may not sit directly on the water, they provide residents with the opportunity to enjoy the coastal lifestyle without the premium price tag associated with true waterfront properties. Imagine waking up to the gentle sound of waves and the salty breeze, all while being just a short stroll away from the stunning beaches that Panama City Beach is renowned for.

The homes in this subdivision are thoughtfully designed, showcasing modern amenities and spacious layouts that cater to a variety of lifestyles. Whether you're looking for a cozy retreat or a spacious family home, Colony Subdivision Phase 1 has something to offer everyone. The community is also well-maintained, with lush landscaping and friendly neighbors, creating a warm and welcoming atmosphere.

In addition to its appealing homes, Colony Subdivision Phase 1 is conveniently located near shopping, dining, and recreational activities. Enjoy a day at the beach, explore local parks, or indulge in the vibrant nightlife that Panama City Beach has to offer. With its prime location and charming community spirit, Colony Subdivision Phase 1 is more than just a place to live—it's a lifestyle waiting to be embraced. Come discover your next home in this idyllic Florida community!

Newest Colony Subd Phase 1 Homes with False Waterfront

$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

$649,900

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. 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

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