$2,700,000
Panama City Beach, FL 32407
MLS# 787261
4 beds | 4 baths | 2283 sqft

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Property Description
Oceanfront Gulf-front 4BR/4BA + flex room home with proven rental history and exceptional versatility. Offering over a decade of consistent VRBO performance, this property presents a strong income-producing opportunity with additional upside potential. Designed for both comfort and functionality, the layout includes a 2BR/2BA main residence plus two private guest suites with full baths connected by a breezeway, ideal for multi-generational living or maximizing rental occupancy. Enjoy panoramic Gulf views from the sunroom and main living areas, complemented by an open-concept layout perfect for entertaining. The home features an updated kitchen, remodeled primary bath, and is being sold fully furnished for a true turnkey experience. Outdoor living includes a spacious back porch, jacuzzi, BBQ area, and direct beach access, creating an ideal setting for both personal use and guest enjoyment. Recent improvements include roof, HVAC systems, and impact windows and doors, offering added durability and peace of mind. Located on a private drive with a 35-ft seawall for enhanced protection. A rare opportunity to own a beachfront property that combines lifestyle, income, and long-term potential in Panama City Beach.
Details
Maps
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
New Buyer Fee: No
Last Taxes: 17902
Last Tax Year: 2025
Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.
As Is: Yes
Contract Info
List Price/SqFt: 1182.65
Status: Active
List Date: 2026-03-23
List Price: $2,700,000
Current Price: $2,700,000
Location
Sub Area: 0318 - Beach - Central South
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: GPS go down to front beach road
Area: 03 - Bay County - Beach
Street #: 13011
Street Name: Oleander
Street Suffix: Drive
State: FL
Zip Code: 32407
County: Bay
Subdivision: Bahama Beach
Parcel ID: 34323-000-000
Legal Description: BAHAMA BEACH LOT 2 BLK 5 ORB 3814 P 756
General Property Info
Acreage: 0.17
Design: Beach House
Lot Size (SqFt): 7187
Apx SqFt(Htd/Cooled): 2283
Construction Status: Construction Complete
SqFt Source: An Appraiser
Lot Dimensions: 60x120
New Construction: No
Garage Y/N: No
Beach Frontage: 60
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 4
Total Baths: 4
Year Built: 1940
Remarks & Misc
Remarks: Oceanfront Gulf-front 4BR/4BA + flex room home with proven rental history and exceptional versatility. Offering over a decade of consistent VRBO performance, this property presents a strong income-producing opportunity with additional upside potential. Designed for both comfort and functionality, the layout includes a 2BR/2BA main residence plus two private guest suites with full baths connected by a breezeway, ideal for multi-generational living or maximizing rental occupancy.
Enjoy panoramic Gulf views from the sunroom and main living areas, complemented by an open-concept layout perfect for entertaining. The home features an updated kitchen, remodeled primary bath, and is being sold fully furnished for a true turnkey experience. Outdoor living includes a spacious back porch, jacuzzi, BBQ area, and direct beach access, creating an ideal setting for both personal use and guest enjoyment.
Recent improvements include roof, HVAC systems, and impact windows and doors, offering added durability and peace of mind. Located on a private drive with a 35-ft seawall for enhanced protection.
A rare opportunity to own a beachfront property that combines lifestyle, income, and long-term potential in Panama City Beach.
Bonus Room
First: 1
Carport
First: 1
Florida Room
First: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Maker: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Ceiling - Vaulted: 1
Floor - Tile: 1
Floor - Vinyl: 1
Floor - Vinyl Plank: 1
Lighting - Recessed: 1
Pantry: 1
Security System: 1
Split Bedroom: 1
Window - Treatment Some: 1
Construction/Siding
Wood/Frame: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Siding - Stucco: 1
Exterior
Deck Open: 1
Fenced Back Yard: 1
Fenced Lot-All: 1
Patio Open: 1
Storm Doors: 1
Storm Windows: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Interior
Bonus Room: 1
Kitchen
First: 1
Lot Features
Flood Insurance Req: 1
Waterfront: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Carport Attached: 1
Driveway: 1
Gated: 1
No Garage: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Shower Only: 1
MBath Walk-In Closet: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Bonus Room: 1
Carport: 1
Florida Room: 1
Kitchen: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Waterfront Type
Gulf: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Heat Pump: 1
Multi Units: 1
Heating
Central: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Heat Pump: 1
Security Features
Fire Alarm: 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment; Heat Pump; Multi Units
Heating: Central; Electric; ENERGY STAR Qualified Equipment; Heat Pump
Exterior: Deck Open; Fenced Back Yard; Fenced Lot-All; Patio Open; Storm Doors; Storm Windows
Financing: Cash; Conventional
Furnished: Furnished
Interior: Bonus Room
Kitchen: First
Lot Features: Flood Insurance Req; Waterfront
Lot Access: City Street; Paved Road
Bonus Room: First
Carport: First
Florida Room: First
Security Features: Fire Alarm
Parking Features: Carport Attached; Driveway; Gated; No Garage
Rooms: Bedroom; Bonus Room; Carport; Florida Room; Kitchen; Master Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Garbage; Public Sewer - Connected
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Florida Room | First | 18 x 39 | 18.00 | 39.00 |
| Carport | First | 26 x 18 | 26.00 | 18.00 |
| Bedroom | First | 18 x 17 | 18.00 | 17.00 |
| Bedroom | First | 18 x 15 | 18.00 | 15.00 |
| Florida Room | First | 17 x 20 | 17.00 | 20.00 |
| Bonus Room | First | 18 x 12 | 18.00 | 12.00 |
| Kitchen | First | 18 x 15 | 18.00 | 15.00 |
| Master Bedroom | First | 18 x 29 | 18.00 | 29.00 |
Listing Office: LUXE Properties
Last Updated: April - 22 - 2026
Information deemed reliable but not guaranteed.
