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3518 Treasure Cir, Panama City Beach, FL 32408

$580,500
: 3
BD
: 2
BA
: 1,588
SqFt

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Sold Price: $580,500
List Price: $600,000
Closing Date: Jul 22, 2026
MLS#: 1003365
Status: CLOSED
Type: Single Family Residential
Subtype: Detached Single Family
Bedrooms: 3
Bathrooms: 2
Living Area: 1,588
Lot Size: 6,534
Neighborhood: Beach - South of Grand Lagoon

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Property Description

''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' 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.

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Additional Information

Acres: 0.15
Appliances: Dishwasher, Microwave, Refrigerator
Elementary School: Patronis
Exterior Features: Private Yard
High School: Arnold
Interior Features: Breakfast Area, Pantry, Washer Hookup
Legal Description: TREASURE ISLAND LOT 6 BLK 1 ORB 3792 P 1013
Middle School: Surfside
Neighborhood: Beach - South of Grand Lagoon
Parking Features: Garage
Stories: 1
Subdivision: Treasure Island
Utilities: Septic
Year Built: 2013
Zoning: Resid Single Family