$400,000
Panama City Beach, FL 32408
MLS# 791171
3 beds | 2 baths | 1260 sqft

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Property Description
Welcome to your Panama City Beach retreat, ideally located on the sought-after East End of PCB just a 3-minute walk to the sugar-white sand beaches and only a few blocks from a public boat ramp. This fully furnished 3-bedroom, 2-bath townhome offers an excellent opportunity as a vacation home, investment property, or full-time residence. Currently operating as a successful short-term rental, it generated $42,586 in gross revenue in 2024, $37,719 in 2025, and already has approximately $22,000 in bookings on the books for 2026. Guests love the spacious, fully fenced backyard, perfect for entertaining and yard games, along with its convenient location near Schooners, Dat Cajun Place, Buster's Beer & Bait, Treasure Island Marina, Rick Seltzer Park, and St. Andrews State Park. Extensively renovated in 2020, updates include a metal roof (2018), spray foam insulation, remodeled kitchen and bathrooms, new windows and doors, updated siding and paint, oversized decks, HVAC (2019), water heater (2025), and updated lighting and plumbing fixtures throughout, making this a truly turnkey beach property with proven income potential.
Details
Maps
Contract Info
List Price/SqFt: 317.46
Status: Active
List Date: 2026-06-11
List Price: $400,000
Current Price: $400,000
Location
Unit #: A
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 US-98W,turn right onto Thomas Drive, then left onto Beach Drive, the destination will be on your right
Area: 03 - Bay County - Beach
Street #: 5812
Street Name: Beach
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Biltmore Beach
Parcel ID: 31976-005-000
Legal Description: BILTMORE BEACH 1ST ADD. (14.2) BEG 50' ELY OF SWLY COR OF LOT 14 BLK A TH NELY 120' SELY 25' SWLY 120' NWLY 25' TO POB ORB 4500 P 1821
General Property Info
Design: Townhome
Apx SqFt(Htd/Cooled): 1260
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 25 x 120
New Construction: No
Garage Y/N: No
Pool: No
Sub-Type: Attached Single Unit
Bedrooms: 3
Full Baths: 2
Total Baths: 2
Year Built: 1984
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2951
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Welcome to your Panama City Beach retreat, ideally located on the sought-after East End of PCB just a 3-minute walk to the sugar-white sand beaches and only a few blocks from a public boat ramp. This fully furnished 3-bedroom, 2-bath townhome offers an excellent opportunity as a vacation home, investment property, or full-time residence. Currently operating as a successful short-term rental, it generated $42,586 in gross revenue in 2024, $37,719 in 2025, and already has approximately $22,000 in bookings on the books for 2026. Guests love the spacious, fully fenced backyard, perfect for entertaining and yard games, along with its convenient location near Schooners, Dat Cajun Place, Buster's Beer & Bait, Treasure Island Marina, Rick Seltzer Park, and St. Andrews State Park. Extensively renovated in 2020, updates include a metal roof (2018), spray foam insulation, remodeled kitchen and bathrooms, new windows and doors, updated siding and paint, oversized decks, HVAC (2019), water heater (2025), and updated lighting and plumbing fixtures throughout, making this a truly turnkey beach property with proven income potential.
Appliances
Dishwasher: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Interior Features
Breakfast Bar: 1
Floor - Vinyl Plank: 1
Lighting - Recessed: 1
Construction/Siding
Roof - Metal: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Furnished: 1
Lot Features
Within 1/2 Mile to Water: 1
Lot Access
Paved Road: 1
Parking Features
Driveway: 1
Rooms
Bedroom: 1
Living Room: 1
Primary Bedroom: 1
Showing
ShowingTime: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Primary Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Forced Air: 1
Primary Bdrm/Primary Bath
MBath Double Vanity: 1
MBath Separate Shwr: 1
Security Features
Smoke Detector(s): 1
Property Features
Appliances: Dishwasher; Microwave; Oven - Electric; Refrigerator; Washer/Dryer Stacked
Primary Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air
Heating: Forced Air
Exterior: Balcony; Fenced Back Yard
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Lot Features: Within 1/2 Mile to Water
Lot Access: Paved Road
Security Features: Smoke Detector(s)
Parking Features: Driveway
Rooms: Bedroom; Living Room; Primary Bedroom
Showing: ShowingTime
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Master Bedroom | First | 15.3 x 10.1 | 15.30 | 10.10 |
| Bedroom | First | 10 x 9.3 | 10.00 | 9.30 |
| Bedroom | First | 8.7 x 9.3 | 8.70 | 9.30 |
| Living Room | 15.3 x 13.11 | 15.30 | 13.11 |
Listing Office: Legacy Premier Agency
Last Updated: June - 11 - 2026
Information deemed reliable but not guaranteed.
