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3909 Ray Street, Panama City Beach, FL 32408

$535,000
: 3
BD
: 4
BA

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Sold Price: $535,000
List Price: $550,000
Closing Date: May 19, 2026
MLS#: 782259
Status: CLOSED
Type: Multifamily
Subtype: Multi Family
Bedrooms: 3
Bathrooms: 4
Lot Size: 7,710
Neighborhood: Beach - South of Grand Lagoon

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Property Description

Imagine your own fully furnished coastal retreat--two homes, one unbeatable opportunity--set less than a 1/2 mile from the shimmering sands of Panama City Beach. Nestled in the sought-after South Lagoon area, this turnkey property features a 2-bedroom, 3-bathroom main home with an additional bonus bunk room, perfect for hosting guests or maximizing short-term rental income ($84k RENTAL PROJECTIONS). Inside, a modern kitchen stuns with quartz countertops, stainless steel appliances, and a seamless open floor plan designed for easy living. Enjoy coffee on the upstairs balcony, soak under the stars in your private hot tub, or kick back in the breezy front patio area. But the standout feature? A fully equipped 1-bedroom, 1-bathroom guest house tucked away in the back--complete with its own driveway, kitchen, and separate entrance. Whether you're a house hacker, investor, or just someone who loves your friends and family--but not enough to let them stay in your house--this setup absolutely delivers. Ready to turn your investment goals into beachside reality? Schedule your private tour today.

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Additional Information

Acres: 0.18
Appliances: Electric Cooktop, Electric Oven
Elementary School: Patronis
Exterior Features: Covered Patio
High School: Arnold
Interior Features: Interior Steps
Lot Dimensions: 50 x 155
Middle School: Surfside
Neighborhood: Beach - South of Grand Lagoon
Project Facilities: Short Term Rental Allowed
Subdivision: Holiday Beach Unit 7
Waterview: Lagoon
Year Built: 1983