Welcome to 115 Greenwood Drive, Panama City Beach, FL--a waterfront haven nestled on a spacious corner lot in highly desired Woodlawn Estates, just minutes from NSA Panama City (Naval Base)! This stunning property boasts direct canal access, complete with a dock equipped with electrical and water, two boat slips, and two lifts (6,000 lbs. and 12,000 lbs.)--making it a boater's dream with quick access to the Bay and Gulf. Step off the dock, and the outdoor space is an angler's paradise, featuring a privacy-fenced yard, outdoor shower, fish-cleaning station, grilling area, storage shed, and an open patio perfect for enjoying serene waterfront views. Relax on the deck overlooking the canal, where you might spot dolphins, fish, otters, and other wildlife. Inside, this home offers a spacious layout designed for both comfort and entertaining. The open kitchen features quartz countertops, ample wooden cabinetry, a walk-in pantry, stainless steel appliances--including a GE double oven with an air fryer--and a breakfast bar overlooking the welcoming living room with a wood-burning fireplace. A formal dining area and a separate formal living room provide versatile spaces for hosting family and friends. Please note: The chandelier in the dining area (pictured) is a family heirloom and will not be included in the sale. The generously sized bedrooms and bathrooms have all been updated in recent years, ensuring modern comfort and style throughout. Luxury vinyl plank flooring flows seamlessly through the home, complementing the spacious design. Additional highlights include a large laundry room with built-in cabinets, a 2-car garage with extra storage space, and the peace of mind that comes with FEMA map overlay showing Flood Zone X. The property also features a sprinkler system on a well and a water softener system, adding convenience and efficiency to the home. This home is a gem you don't want to miss!