Address not disclosed Panama City Beach, FL 32408
7 Beds
4 Baths
2,550 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,550 sqft
Price per Sqft $764
Subdivision Bel Air
MLS Listing ID 792058
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1995
Annual Tax Amount $6,009
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
Property Description
Rare opportunities like this simply don't exist anymore. Just two lots from the beach, this one-of-a-kind Panama City Beach compound offers three separate residences on one parcel--a beautifully rebuilt two-story duplex with two 2-bedroom, 1-bath residences and a stunning 3-bedroom, 2-bath main home centered around a private resort-style heated and chilled pool. Combining location, flexibility, and the quality of new construction, this is a truly rare opportunity in one of Panama City Beach's most desirable vacation rental corridors.
Professionally reconstructed and completed in June 2026, this is far more than a renovation. Thoughtfully rebuilt by the owner--not a builder flip--the property was designed specifically for luxury vacation rentals with an emphasis on quality, longevity, energy efficiency, and exceptional guest experience. Every detail was intentional, from the 10-foot ceilings in the main home and custom 8-foot hurricane-rated doors to the impact-rated windows and doors, custom transom windows, smart LB siding, designer coastal finishes, custom-built bunk rooms, and durable low-maintenance materials throughout.
Designed to comfortably accommodate 18-20 guests, the compound is ideal for large family vacations, multi-generational gatherings, corporate retreats, or premium vacation rental operations. The resort-style outdoor living area features a new heated and chilled swimming pool, two grilling stations, expansive paver decking, and a hot and cold outdoor shower, creating an exceptional space for relaxing and entertaining after a day at the beach.
Operational efficiency was equally important. Each residence has its own electric meter, each building has its own water meter, and the property includes a dedicated owner's closet, making ownership and management simple and efficient. Six off-street parking spaces provide ample room for owners and guests.
Located in the highly sought-after Lower Grand Lagoon area, you're just a short walk from the beach and minutes from St. Andrews State Park, Shell Island excursions, marinas, waterfront dining, shopping, and entertainment. Leave the car behind and enjoy one of the most walkable and desirable beach locations on Panama City Beach.
Situated in Flood Zone X no flood insurance needed and offered fully furnished and completely turnkey, this exceptional property is ready for immediate personal enjoyment or income-producing vacation rental operation from day one.
Properties offering three fully rebuilt residences on one parcel this close to the beach are exceptionally rare and increasingly difficult to replicate. Built to be owned--not flipped--this extraordinary beach compound reflects thoughtful planning, premium materials, and craftsmanship rarely found in today's investment properties.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Main Level Primary
Fireplace No
Exterior
Pool Electric Heat, In Ground, Private
Community Features Short Term Rental Allowed
View Y/N Yes
View Gulf
Private Pool Yes
Building
Story 2
Entry Level Two
Sewer Public Sewer
Level or Stories Two
New Construction Yes
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 30374-000-000
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