$469,000
Panama City Beach, FL 32407
MLS# 773320
4 beds | 2 baths | 1620 sqft
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Property Description
INVESTORS! Short-term rental allowed! Oversized 133'x108' parcel zoned for multi-family with potential for an amazing income producing property! Live/rent the main home and build an additional duplex or single-family home (design available). The existing 4 BR, 2 BA home includes an additional ADU (accessory dwelling unit) ideal for a mother-in-law suite, rental income or bonus space. The lock out unit has a separate entrance and offers a kitchenette and is plumbed/wired for adding a bathroom. It can be used as a bonus lock out room or finished out to have a second income producing unit. This is a great property for those looking to spread out with plenty of room for parking boat/RV, while also having a handy workshop at home. The main home is spacious and well-maintained with updated vinyl plank flooring, ceramic tile. While located in Bahama Beach is zoned as Panama City Beach Estates where Short Term/multi family is approved. Upgrades include: New Roof in 2019, Whole House re Plumbed in 2017, HVAC in 2019, Connected to Sewer in 2018. Established long-term renters in place. This is a must-see property in the heart of Panama City Beach within a 10-minute walk or short golf cart ride to beach access 47! *All information and measurements are approximate, buyer to verify.
Details
Maps
Contract Info
Status: Active
List Date: 2025-05-28
List Price: $469,000
List Price/SqFt: 289.51
Current Price: $469,000
Location
Area: 03 - Bay County - Beach
Street #: 308
Street Name: Dogwood
Street Suffix: Street
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: Panama City Beach Est
Community/Resort: None
Waterfront: No
Parcel ID: 34170-235-000
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach Road. Left on Dogwood two blocks the home is on right.
Legal Description: PANAMA CITY BEACH ESTATES LOT 18 ORB 1485 P 1742 ORB 2166 P 999 ORB 2948 P 2135
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 1620
SqFt Source: Prop App Site
Bedrooms: 4
Full Baths: 2
Total Baths: 2
Year Built: 1983
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 108 x 133
Acreage: 0.33
Lot Size (SqFt): 14331
Pool: No
Property Features
Appliances: Dishwasher; Range - Electric; Refrigerator; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Central Air; Electric
Heating: Central; Electric
Exterior: Fenced Back Yard; Patio Open; Porch Screened
Financing: Cash
Furnished: Unfurnished
Kitchen: First
Lot Features: Near Beach Access; Within 1/2 Mile to Water
Lot Access: City Street; Paved Road
Family Room: First
Great Room: First
Utility Room: First
Parking Features: Boat; RV Access/Parking
Other Structures: Shed(s)
Rooms: Bedroom; Family Room; Great Room; Kitchen; Master Bedroom; Utility Room
Utilities: TV Cable; Electricity - Connected; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 16 x 14 | 16.00 | 14.00 | 16 x 14 |
| Bedroom | First | 13 x 12 | 13.00 | 12.00 | 13 x 12 |
| Bedroom | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
| Great Room | First | 21 x 14 | 21.00 | 14.00 | 21 x 14 |
| Kitchen | First | 12 x 8 | 12.00 | 8.00 | 12 x 8 |
| Family Room | First | 22 x 12 | 22.00 | 12.00 | 22 x 12 |
| Utility Room | First | 12 x 8 | 12.00 | 8.00 | 12 x 8 |
Listing Office: CENTURY 21 Ryan Realty Inc
Last Updated: October - 08 - 2025
Information deemed reliable but not guaranteed.