Panama City Beach, FL 32407
Property Inquiry
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Property Details
SELLER MOTIVATED!! Appraised at $3,041,000 (Aug 2024) and now offered at $2,995,000! This Gulf-front luxury retreat spans 60 ft of private shoreline and boasts exceptional rental performance. A top-rated VRBO/Airbnb, it earned $125K in just three months, with 2025 bookings secured and 2026 filling fast. Averaging $1,200/night, it offers huge potential for year-round income--AirDNA shows 58-60% occupancy and ADRs of $315-$320 in PCB. Featuring 4 beds + bonus, 4 baths, updated kitchen and primary bath, new flooring, two new A/Cs, 10-year roof, built-in BBQ, private drive, 35-ft seawall, and room for a pool. Fully furnished, turnkey, and below appraisal--minutes from Pier Park and 30A!
| COUNTY | Bay |
| SUBDIVISION | BAHAMA BEACH |
| PARCEL ID | 34323-000-000 |
| TYPE | Detached Single Family |
| STYLE | Beach House |
| ACREAGE | 0 |
| LOT ACCESS | Paved Road,Private Road |
| LOT SIZE | 60 x 120 |
| HOA INCLUDE | Taxes,Trash |
| HOA FEE | N/A |
| UTILITIES | Public Sewer,Public Water |
| PROJECT FACILITIES | BBQ Pit/Grill,Beach,Short Term Rental - Allowed |
| ZONING | Resid Single Family |
| PARKING FEATURES | Carport,Carport Attached,Covered |
| APPLIANCES | Cooktop,Dishwasher,Disposal,Dryer,Microwave,Oven Self Cleaning,Range Hood,Refrigerator,Refrigerator W/IceMk,Security System,Smoke Detector,Stove/Oven Electric,Washer |
| ENERGY | AC - 2 or More,AC - High Efficiency,Ceiling Fans,Double Pane Windows,Heat Cntrl Electric,Insulated Doors,Storm Doors,Storm Windows,Water Heater - Elect |
| INTERIOR | Ceiling Vaulted,Floor Vinyl,Furnished - All,Lighting Recessed,Owner's Closet,Pantry,Renovated,Split Bedroom,Window Treatment All |
| EXTERIOR | BBQ Pit/Grill,Fenced Back Yard,Fenced Lot-All,Guest Quarters,Patio Open |
| ROOM DIMENSIONS | Master Bedroom : 12 x 15 Master Bathroom : 8 x 12 Dining Area : 38 x 9 Living Room : 19 x 14 Kitchen : 14 x 9 Foyer : 9 x 9 Bedroom : 16 x 12 Bonus Room : 16 x 13 Bedroom : 17 x 12 Bedroom : 17 x 12 |
Schools
Location & Map
From Hwy 79 (Hutchison Blvd) head west toward the Gulf. At Cedar Grove Dr turn right, take the first left onto Oleander Dr. Property is the first gulf-front home on the right with 60 ft shoreline, teal siding, and private drive.