$1,315,000
Panama City Beach, FL 32408
MLS# 787810
4 beds | 4 baths | 2594 sqft

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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!
Details
Maps
Contract Info
List Price/SqFt: 506.94
Status: Active
List Date: 2026-04-02
List Price: $1,315,000
Current Price: $1,315,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: Holiday Beach
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the Hathaway Bridge, heading west, 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
Area: 03 - Bay County - Beach
Street #: 3910
Street Name: Wasp
Street Suffix: Street
State: FL
Zip Code: 32408
County: Bay
Subdivision: Holiday Beach Unit 16
Parcel ID: 30808-386-001
Legal Description: HOLIDAY BEACH U-16 LOTS 8 & 13 BLK 15 ORB 4396 P 1875
General Property Info
Acreage: 0.28
Design: Beach House
Lot Size (SqFt): 12197
Apx SqFt(Htd/Cooled): 2594
Construction Status: Construction Complete
SqFt Source: Owner Measured
Half Baths: 1
# of Stories in Building: 2
Lot Dimensions: 50x115x50x127
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 3
Total Baths: 4
Year Built: 2007
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 8830
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: 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!
Dining Room
Second: 1
Pool Features
Fenced: 1
Inground: 1
Pool/Spa Combo: 1
Spa/ Hot Tub: 1
Waterfall: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Ice Maker: 1
Microwave: 1
Oven - Convection: 1
Range Hood: 1
Refrigerator: 1
Washer: 1
Interior Features
Breakfast Bar: 1
Ceiling - Crwn Molding: 1
Floor - Tile: 1
Lighting - Recessed: 1
Pantry: 1
Construction/Siding
Roof - Metal: 1
Siding - Vinyl: 1
Exterior
Balcony: 1
Deck Covered: 1
Deck Open: 1
Fenced Lot-All: 1
Fenced Privacy: 1
Shower: 1
Sprinkler System: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Furnished: 1
Living Room
Second: 1
Lot Features
Near Public Boat Ramp: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Boat: 1
Carport Attached: 1
Gated: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Walk-In Closet: 1
MBath Whirlpool: 1
Rooms
Bedroom: 1
Dining Room: 1
Living Room: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Internet - Broadband Available: 1
Public Water - Connected: 1
Sale Type
As Is: 1
Master Bedroom
Second: 1
Bedroom
Third: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Multi Units: 1
Heating
Central: 1
Electric: 1
Security Features
Fire Alarm: 1
Fire Sprinkler System: 1
Security Gate: 1
Security System: 1
Smoke Detector(s): 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven - Convection; Range Hood; Refrigerator; Washer
Master Bedroom: Second
Bedroom: Third
Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units
Heating: Central; Electric
Exterior: Balcony; Deck Covered; Deck Open; Fenced Lot-All; Fenced Privacy; Shower; Sprinkler System
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Living Room: Second
Lot Features: Near Public Boat Ramp; Survey Available; Within 1/2 Mile to Water
Lot Access: City Street; Paved Road
Dining Room: Second
Pool Features: Fenced; Inground; Pool/Spa Combo; Spa/ Hot Tub; Waterfall
Security Features: Fire Alarm; Fire Sprinkler System; Security Gate; Security System; Smoke Detector(s)
Parking Features: Boat; Carport Attached; Gated
Rooms: Bedroom; Dining Room; Living Room; Master Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Garbage; Internet - Broadband Available; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Master Bedroom | Second | 12.3 x 19.5 | 12.30 | 19.50 |
| Bedroom | Third | 14.8 x 13.2 | 14.80 | 13.20 |
| Bedroom | Third | 11.8 x 19.5 | 11.80 | 19.50 |
| Bedroom | Third | 10.7 x 11.8 | 10.70 | 11.80 |
| Dining Room | Second | 18.1 x 11.8 | 18.10 | 11.80 |
| Living Room | Second | 24.8 x 14.4 | 24.80 | 14.40 |
Listing Office: Legacy Premier Agency
Last Updated: May - 08 - 2026
Information deemed reliable but not guaranteed.
