CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Stunning brand new home in the beautiful, upscale, gated community of Preserve on the Bay, in the heart of Panama City Beach. This one of a kind home features 2,955 sq. ft. of luxury living with an inviting open floor plan, which comprises 4 bedrooms and 3 1/2 baths. As you enter the home you are immediately greeted with quality and class, a 20'+ high entry ceiling, beautiful hardwood floors, a large living area with extensive use of windows overlooking the professionally landscaped back yard and natural preserve area.