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209 Oleander Drive, Panama City Beach
$1,225,000
4 Beds ⋅ 4 Baths ⋅ 785643 MLS
OPPORTUNITY ABOUNDS ON THIS LAGUNA BEACH PROPERTY! Welcome to 209 Oleander Drive, ideally located in the heart of Panama City Beach on a spacious L-shaped lot, just steps from the sugar-white sands and emerald waters of the Gulf (less than 600 steps to the beach!). This versatile property is perfect as a primary residence, second home, or income producing Long or short-term rental with two separate living spaces. The main house, currently owner-occupied and remodeled in 2017, features bright living spaces and a functional, open flow that is welcoming for both owners and guests. Step outside to enjoy a private outdoor area perfect for relaxing after a day at the beach or entertaining visitors. A standout feature is the 30x30 insulated workshop, offering endless possibilities. With plumbing already in place, it could easily be converted into an additional rental unit, used for a home business, or serve as storage for vehicles or a collection. The property also includes a carriage house (ADU) built in 2023, complete with a two-car garage. Over the past two years, this unit has generated $30,000 annually in short-term rental income, making it an excellent opportunity for buyers seeking immediate investment potential. The two-car garage with separate entrance also offers the option to be converted into additional rental space. Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property is connected to city water and sewer (no septic), with one shared water/sewer bill and two separate electric meters. Refer to upgrade list in document section. Whether you're looking for a personal beach retreat, a long term or short term income-producing property, or a combination of both, this unique opportunity offers flexibility, expansion potential, ample storage, and an unbeatable location. Schedule your showing today and discover the possibilities of beach living and investment in Panama City Beach!

209 Oleander Drive, Panama City Beach
306 Rose Lane, Panama City Beach
$950,000
4 Beds ⋅ 4 Baths ⋅ 790206 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Construction Complete and Fully Furnished steps from the Gulf! Experience the best of Panama City Beach living in this stunning new construction coastal retreat designed for both luxury living and exceptional short-term rental potential. Offered fully furnished and turnkey, this thoughtfully designed beach house combines upscale finishes, spacious accommodations, and an unbeatable location just steps from the Gulf of Mexico, with two beach access points located within approximately 500 feet of the property. Featuring 4 bedrooms, 3.5 baths, and over 2,000 square feet of beautifully crafted living space, this home was designed with the ultimate vacation lifestyle in mind. The flexible floor plan includes spacious primary suites on both the first and second floors, along with two additional guest bedrooms and extra space for built-in bunks or additional sleeping arrangements, making it ideal for hosting large families and vacation guests alike. The open-concept living, dining, and kitchen areas create a seamless flow for entertaining, while upscale coastal finishes and durable construction elements -- including a metal roof and impact windows for long-term performance -- offer both style and peace of mind. Outdoor living is equally impressive with a privacy-fenced backyard, outdoor shower, plunge pool and low-maintenance landscaping, and paver entertaining areas designed for relaxing after a day at the beach. The property also includes a 1 car garage and ample space for beach gear, golf carts, or owner storage. Located on the desirable west end in Laguna Beach, this property offers an ideal opportunity as a primary residence, second home, or high-performing vacation rental investment. With no HOA, strong rental demand, and easy beach access nearby, this fully furnished coastal getaway delivers the perfect blend of luxury, location, and income-producing potential.

306 Rose Lane, Panama City Beach
217 Magnolia Drive, Panama City Beach
$444,000
2 Beds ⋅ 2 Baths ⋅ 793351 MLS
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to Laguna Beach Estates on the desirable west end of Panama City Beach. Built in 2018 by Guyson Construction, this beautifully maintained 2-bedroom, 2-bath home with a bonus room is ideally situated on a corner lot south of Highway 98, just a half-mile from the sugar-white sands and emerald waters of the Gulf. With short-term rentals allowed, no HOA, and no flood zone concerns, this property is an excellent option for a primary residence, second home, or investment property. Inside, you'll find an open floor plan with abundant natural light, new luxury flooring throughout, and an updated kitchen with new appliances. Additional features include energy-efficient construction, enhanced wind-resistant design, professionally coated exterior concrete for added durability, and golf-cart-friendly community. Conveniently located just minutes from Pier Park, 30A, shopping, dining, and entertainment, this move-in-ready home offers the perfect opportunity to enjoy the best of the Emerald Coast.

217 Magnolia Drive, Panama City Beach

Vendor Member Number : 28166

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