Price Improvement Now $164,999 | Minutes to the Beach | 55+ Community Living. Enjoy easy Florida living just minutes from the beach (approx. 1.5 miles) in this spacious 3 bedroom, 2 bath home located in the desirable 55+ community of Greenwood Acres in Panama City Beach. Offering one of the best values in the area, this property combines location, comfort, and low maintenance living. Step inside to a bright and inviting living area filled with natural light and a functional layout ideal for everyday living. The primary suite features a private en suite bath with a grab bar for added safety and convenience. Two additional bedrooms provide flexible space for guests, hobbies, or a home office. A welcoming front sunroom (not included in heated/cooled square footage) creates the perfect spot for a cozy sitting area or morning coffee. Outside, enjoy a deck, attached carport, and storage shed, offering both convenience and extra space. Major updates include a metal roof (2017), windows (2017), and central AC and heat pump (2022), providing peace of mind for the next owner while allowing room to personalize the interior. The HOA includes water, sewer, garbage service, lawn maintenance, and Xfinity Wi Fi and TV, along with access to community amenities including a pool, clubhouse, and storage lot for boats or campers. Conveniently located near shopping, dining, golf, and local attractions, this home offers a relaxed coastal lifestyle without the high price tag. Short term rentals are not permitted, helping maintain the peaceful atmosphere of the community. Priced to sell schedule your showing today.