3518 Treasure Circle, Panama City Beach, FL 32408 (MLS# 790042)

List Price/SqFt: 377.83

Status: Active

List Date: 2026-05-18

List Price: $600,000

Current Price: $600,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From the Hathaway Bridge, Take FL-30 W/Front Beach Rd to Laurie Ave, Turn left onto Laurie Ave, Continue on N Lagoon Dr to Lower Grand Lagoon, Drive to Treasure Cir

Area: 03 - Bay County - Beach

Street #: 3518

Street Name: Treasure

Street Suffix: Circle

State: FL

Zip Code: 32408

County: Bay

Subdivision: Treasure Island

Parcel ID: 31471-010-000

Legal Description: TREASURE ISLAND LOT 6 BLK 1 ORB 3792 P 1013

Acreage: 0.15

Design: Beach House

Lot Size (SqFt): 6534

Apx SqFt(Htd/Cooled): 1588

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 68x144

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 2013

HOA Fee: No

New Buyer Fee: No

Last Taxes: 5028

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: This is a cash flowing machine! Perfectly positioned in Panama City Beach's desirable South Lagoon area, this 3BR/2BA home blends coastal comfort with strong investment potential. Just minutes from Beach Access 7, the home features an open-concept layout, stainless steel appliances, wood-look tile flooring in the main living areas, and a spacious primary suite with Trey ceilings. Step outside to a large covered patio overlooking a brand new heated pool installed in 2025, perfect for relaxing or entertaining. Major updates include a new roof in 2022. Currently operating as a successful short-term rental with over $65,000 in gross revenue already in 2025 and on track to exceed that. Whether you're looking for a primary residence, second home, or income-producing beach property, this one checks the boxes.

First: 1

Inground: 1

Dishwasher: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Ceiling - Coffered: 1

Ceiling - Vaulted: 1

Floor - Tile: 1

Pantry: 1

Window - Treatment Some: 1

Roof - Composite Shngl: 1

Siding - Stucco: 1

Fenced Back Yard: 1

Fenced Lot-All: 1

Fenced Privacy: 1

Patio Covered: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Unfurnished: 1

Floor - Carpet: 1

First: 1

Flood Insurance Req: 1

Within 1/2 Mile to Water: 1

Paved Road: 1

Driveway: 1

Garage Attached: 1

MBath Double Vanity: 1

MBath Walk-In Closet: 1

MBed First Floor: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Living Room: 1

Master Bedroom: 1

ShowingTime: 1

Electricity - Connected: 1

Public Water - Connected: 1

Septic Tank: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Smoke Detector(s): 1