Welcome to Phillips Lane -- a quiet, well-located gem in the heart of Panama City. This inviting home offers a comfortable blend of everyday functionality and Florida charm, perfect for full-time living, a second home, or an investment opportunity. This 2 bedroom, two bathroom home sits on almost a full acre of land and has two additional rooms without closets. Primary bedroom is on the second floor and features a private balcony from which to enjoy calming views of the surrounding area. The Primary bathroom has double vanities and a walk-in shower. There is another full bath with a tub/shower combination and a single vanity. There is also a loft space above the two car garage that would be perfect for a studio apartment, craft area or storage space. Furnishings can be sold as well if desired. Don't miss this opportunity to establish a great retreat close to everything Panama City!