Price Improvement Now $169,000! Spacious 3 bedroom, 2 bath home located in the 55+ community of Greenwood Acres in Panama City Beach. Tucked away in a quiet setting, this home offers a bright and inviting living area filled with natural light and a functional layout for everyday living. The primary suite features an en suite bath with a grab bar for added safety and convenience. The second and third bedrooms provide flexible space for guests, hobbies, or a home office. A welcoming sunroom at the entrance (not included in heated/cooled square footage) offers a perfect space for a cozy sitting area or den.Outside, you'll find a deck, attached carport, and a storage shed, providing added convenience and functionality. Recent major updates include a metal roof (2017), windows (2017), central AC and heat pump (2022), along with siding and flooring updates, giving buyers a solid foundation to personalize the interior to their own style. 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 a storage lot for boats or campers. Conveniently located near shopping, dining, golf courses, and local attractions, this home offers a relaxed, low maintenance Florida lifestyle. Short term rentals are not permitted, helping maintain the peaceful atmosphere of the community.