Property Attributes
- MLS#999641
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- AreaBay County
- NeighborhoodHOLIDAY BEACH UNIT 16
- Zip32408
- StyleBeach House
- Year Built2007
- Taxes$ 8830
- Price$ 1,198,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2594
- Lot Size0.28 Acres
Data Source:
Emerald Coast MLS (ECAR)
Property Description
Rare and exceptional investment opportunity located on the East End of Panama City Beach in the desirable South Lagoon area. This 4-bedroom, 3.5-bath, 2,500+ sq ft home is being sold fully furnished and turnkey, with NO HOA and NO rental restrictions. Situated on TWO lots just a few short blocks from beach access, this 3 story home is designed to maximize both guest experience and income potential. The first floor features a large game room with a pool table, TV and other games, while the main living areas offer ample space, perfect for entertainment and large groups. Step outside and you'll find what truly sets this property apart! The outdoor space is one of a kind featuring a heated custom lagoon style pool with a lazy river, swim up bar, waterslide, and jacuzzi.... all in the shape of a fish. Yes, a fish. Its the kind of feature guests talk about and rebook for. Add in the tiki bar, grilling area, and expansive outdoor space, and you have a private resort right in your back yard. The rear lot is gated and offers road access with a separate entrance, providing ample space for your boat, RV, or jet ski storage. Conveniently located near the public boat ramp with Gulf access, making trips to Shell Island quick and easy. With NO restrictions, the possibilities are endless. Properties with this level of amenities, lot size, and flexibility are extremely rare. This is more than home, its an experience and you don't want to miss out on it!
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/2/2026 | Listed $1,315,000 |
| 6/8/2026 | 9$1,198,000 |
General Features
| Utilities | Electric,Phone,TV Cable |
|---|---|
| Zoning | Resid Single Family |
| Property Subtype | Detached Single Family |
| County | Bay |
| Property Type | Residential |
| Subdivision Name | HOLIDAY BEACH UNIT 16 |
| Status | Active |
| Buyer Financing | Conventional,FHA,VA |
| Directions | From Destin take HWY 98E into Panama City Beach, Take FL-30 W/Front Beach Rd to Joan Ave, Continue on Joan Ave. Take C R 392/Thomas Dr to Wasp St in Lower Grand Lagoon |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 27 - Bay County |
| Lot Size Units | Acres |
| Lot Size Square Feet | 12196.8 |
| Elementary School | Patronis |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 2723 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Sewer | Septic Tank |
| Heating | Central |
| Cooling | Central Air |
| Patio/Porch Features | Patio Open |
| Architectural Style | Beach House |
| Construction Materials | Frame,Siding Vinyl |
| Year Built | 2007 |
| Stories Count | 3 |
| Tax Year | 2025 |
| New Construction | false |
| Attached Garage | false |
| Total Rooms | 7 |
| Carport Y/N | true |
| Property Condition | Construction Complete |
| Pool Features | Pool - In-Ground,Pool Type |
| Carport Spaces | 2 |
Interior Features
| Total Baths | 4 |
|---|---|
| Interior Amenities | Breakfast Bar,Lighting Recessed,Washer/Dryer Hookup |
| Flooring | Floor Tile |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | Window Treatment All |
Exterior Features
| Lot Features | Within 1/2 Mile to Water |
|---|---|
| Lot Size Area | 0.28 |
| Lot Dimensions | 50x115 |
| Lot Size Acres | 0.28 |
| Road Surface Type | Paved |
| Road Frontage Type | County Road |
| Exterior Amenities | Balcony,Shower,Sprinkler System |
| Fencing | Fenced Lot-All,Fenced Privacy |
| Foundation Details | Foundation On Piling |
| Building Area Total | 2594 |
| Parking Features | Carport,Carport Attached |
| Water Source | Well |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers