5 Dolphin Lane, Panama City Beach, FL 32408 (MLS# 786020)

List Price/SqFt: 377.84

Status: Active

List Date: 2026-02-27

List Price: $399,000

Current Price: $399,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: SOUTH ON THOMAS DR., PASS CAPT. ANDERSON'S TURN LEFT AT NEXT TRAFFIC LIGHT TOWARD ST. ANDREWS STATE PARK, VENTURE OUT WILL BE BEFORE THE PARK ENTRANCE ON THE LEFT.

Area: 03 - Bay County - Beach

Street #: 5

Street Name: Dolphin

Street Suffix: Lane

State: FL

Zip Code: 32408

County: Bay

Subdivision: Venture Out Travel Trail

Parcel ID: 31442-011-000

Legal Description: VENTURE OUT TRAVEL TRAIL LOT 5 BLK 4 ORB 296 P 27 . . ORB 3957 P 1071

Acreage: 0

Design: Beach House

Lot Size (SqFt): 0

Apx SqFt(Htd/Cooled): 1056

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Pre-Const Flip: No

Lot Dimensions: 30x60

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 1994

Homestead: Yes

HOA Fee: Yes

HOA Amount: 321

HOA Frequency: Monthly

HOA Annual Amount: 3852

Is Subject Leased: No

New Buyer Fee: Yes

New Buyer Fee Amt: 50

New Buyer Fee Paid: $

Last Taxes: 4290

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Range: 15W

Remarks: Welcome to this charming 2 bedroom, 2 bath beach home located in the highly desirable gated community of Venture Out Resort in Panama City Beach. Perfectly positioned right across from the beach access, you're just steps away from the sugar-white sands and emerald waters of the Gulf of Mexico. This well-maintained home offers vaulted ceilings, neutral coastal tones, and durable tile flooring throughout -- ideal for easy beach living. The spacious living and dining areas flow seamlessly, creating an inviting space for relaxing or entertaining after a day at the beach. The kitchen features granite countertops, abundant cabinetry, stainless steel appliances, and ample prep space, making it functional for both full-time living and vacation rentals. A standout feature of this home is the extra-large closet space, which offers incredible flexibility and could easily be utilized as a bunk room, additional sleeping area, or bonus storage -- adding valuable rental potential. Located inside Venture Out, a gated, golf-cart-friendly resort community offering: Private beach access directly across the street Two swimming pools (one seasonally heated) Tennis, pickleball & basketball courts Shuffleboard Playground & picnic areas Private marina, boat ramp & fishing pier 24/7 security Whether you're looking for a primary residence, second home, or income-producing vacation rental, this prime beachside location makes it a standout opportunity. Conveniently located just minutes from the World's Most Beautiful Beaches, as well as shopping, dining, and entertainment, this fully updated and furnished home is a rare opportunity in one of Panama City Beach's most sought-after communities. Don't miss your chance to own in Venture Out!

Dishwasher: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Roof - Shingle/Shake: 1

Siding - Vinyl: 1

Porch Open: 1

Accounting: 1

BBQ Pit/Grill: 1

Dock: 1

Fishing: 1

Gated Community: 1

Ground Keeping: 1

Laundry: 1

Pavilion/Gazebo: 1

Picnic Area: 1

Playground: 1

Pool: 1

Security: 1

Sewer: 1

Cash: 1

Conventional: 1

Unfurnished: 1

First: 1

Basketball Court: 1

BBQ Pit/Grill: 1

Beach: 1

Boat Launch: 1

Community Room: 1

Dock: 1

Fishing: 1

Gated Community: 1

Mini Golf: 1

Picnic Area: 1

Playground: 1

Pool: 1

Security-24 hour: 1

Other - See Remarks: 1

Living Room: 1

Master Bedroom: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

As Is: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1