Forget rental projections! This FOURPLEX generated $70,000 in rental income LAST YEAR! We're talking about FOUR fully occupied units, long-term tenants who've been here for over 5 years, and a prime Panama City Beach location directly across from the Navy base and just minutes from the beach. And here's the BONUS... an additional approx. 0.274-acre parcel of land is INCLUDED in the price! Now THAT'S what I call an investment opportunity! Welcome to 7308 Kingman Street, an income-producing fourplex offering immediate rental income with room for future growth! The property consists of four separate townhome-style units, each featuring 2 bedrooms and 1.5 bathrooms. All four units are currently occupied, providing an established rental history without the need to start from scratch finding tenants. The property has a new roof installed in 2018, and one of the HVAC systems was replaced in 2025. New Drain Field $15k installed recently. With long-term tenants already in place and the potential to increase rents over time, this property offers an opportunity for investors looking to grow their rental income. But what really sets this investment apart is the additional approx. 0.274-acre parcel included in the sale! Whether you're considering future development, expansion, or simply holding the land as a separate asset, this extra parcel adds another layer of potential. A property survey is available for review. Location is another major advantage! Situated directly across from Naval Support Activity Panama City and just minutes from the beautiful beaches of Panama City Beach, shopping, grocery stores, restaurants, and everyday conveniences, this property is positioned in an area with multiple sources of rental demand. Four income-producing units, $70,000 in last year's rental income, established tenants, and an additional parcel of land, all in one purchase! Opportunities like this are worth a closer look. Contact us today for additional financial information, the survey, or to schedule a private showing.
LOWEST PRICED BEACH VIEW CONDO this size on Thomas Drive!!! 7% ROI on a cash purchase, 4% ROI on a financed purchase using ACTUAL rental numbers from over 15 comps in the building!!! No bogus rental projections here, AirDNA is the industry leader in pulling true actual reported rental numbers from the same building and providing a report on expected income. You heard me right... This condo is priced to move so fast, if you blink you will likely miss it! In today's condo market, there are very few options where a buyer can rest easy knowing that they got a killer deal. Statistically speaking, most of today's sellers bought during the peak pricing in the past several years, and as such, they are asking way more now than their condo is truly worth. And that is where unit #1413 set's itself apart from EVERY other unit in the area... Located in one of the most desirable locations in Laketown Wharf, this unit is perfectly centered in the heart of the all-inclusive complex. High enough to have some of the most incredible unobstructed gulf views you have ever seen, and centered in a way where you can catch not only some of the most rejuvenating sunrises in the world, but also where you are blessed every evening with the most awe inspiring sunsets you have ever been fortunate enough to experience. Although the price and location are unmatched by anything else available, this incredible steal truly shines when it comes to investment potential. Buying at such an unheard of price, you are certain to be positioned for years of prosperity. This unit is turnkey with all new stainless steel appliances, and it is priced to allow it's new owner to make some updates and still have ample positive equity - or to simply rent it as it is and enjoy an incredible return on investment as-is for years to come. You won't find a nicer condo with these views that sleeps 6 people at this price - guaranteed!!! And when you factor in the 4 resort style pools, the state of the art fitness center, the numerous onsite restaurants, the onsite bowling alley and pool hall, the onsite video arcade, the onsite shopping, and the best location in PCB (right across from Pineapple Willy's, a few doors down from the all new Tootsie's Beach Bar, and just a few seconds from endless food/entertainment options), you will quickly see that this truly is a "can't miss" opportunity that comes along only once in a lifetime.
Beautiful water views set the scene for this distinctive, thoughtfully designed home, where spacious rooms and refined finshihes create an inviting sense of elegance. The impressive kitchen, appointed with high-end appliances, anchors the living spaces and makes entertaining feel effortless. Beyond the interiors, a screened lanai opens to a heated saltwater pool and spa, a private retreat for sunlit afternoons and relaxed evenings. This is a home with a memorable setting, generous proportions, and a seamless connection between indoor and outdoor living.
This updated beachfront condo offers a smart and efficient layout with designated living, dining, and kitchen areas that maximize every square foot. Large sliding glass doors open to an oversized private balcony overlooking the Gulf Coast, where you can enjoy breathtaking coastal views and the soothing sound of waves from the 19th floor. Look below and take in views of the resort-style pool featuring tiki huts, a zero-entry design, palm trees, and plenty of lounge space. A private dock provides quick access over the white sand, placing your toes directly in the emerald waters. Additional amenities include an indoor pool, spa, fitness center, and high-level security with a private parking garage. The Shores of Panama complex is nearing completion of a cosmetic face-lift, adding future value to each unit. This property is ideal as a short- or long-term rental, primary residence, or second home for those seeking relaxation with flexibility. Sitting within a short distance to the pier, popular local restaurants, and everyday conveniences, this condo has proven to be a lucrative investment!
Your Florida Coastal Retreat Awaits Lagoon Towers at Bay Point Discover the opportunity to own your own piece of the Florida coastal lifestyle at Lagoon Towers, located within the gated Bay Point community of Panama City Beach. This ground-level condominium offers an appealing opportunity for buyers seeking a seasonal escape, a second home, a place to enjoy retirement, or a property with investment potential. Designed for those who appreciate convenience and the freedom to enjoy more of what they love, this residence provides a welcoming starting point for your next coastal chapter. Spend your days exploring the area's boating and fishing opportunities, enjoying nearby golf, discovering local restaurants, or escaping the demands of everyday life in favor of the relaxed pace of coastal living. Situated within the established Bay Point community, Lagoon Towers offers convenient access to the recreational attractions, shopping, dining, and waterfront experiences that make Panama City Beach a sought-after destination. The ground-level location adds another practical consideration for buyers who prefer convenient access without needing to rely on stairs or an elevator to reach their residence. Whether you're escaping colder northern winters, planning weekend getaways, or looking for a place to enjoy throughout the year, this property offers an opportunity to make the Florida Gulf Coast part of your lifestyle. For snowbirds seeking a warmer winter destination, buyers looking for a second-home retreat, or those exploring real estate opportunities along Florida's Gulf Coast, this Lagoon Towers condominium is worth a closer look. Make your move to Bay Point and start enjoying more of the Florida lifestyle you've been looking for. Schedule your private showing and explore the possibilities at Lagoon Towers. Condo CC&R's are available upon request.
Coastal style meets thoughtful design in this fully furnished three bedroom, two bath corner residence at Regency Towers. Short-term rental friendly with great rental history, and waiting for your own family and friends to create beach memories. A renovated interior brings together shaker cabinetry, a large kitchen island, quartz countertops with a beautiful backsplash, luxury vinyl plank flooring, crown molding and elegant light fixtures. The kitchen includes a range with hood, refrigerator, dishwasher and wine refrigerator; a washer and dryer are also included. Both bathrooms have been rebuilt with tiled showers and quartz/marble finishes. Additional windows bring natural light into the corner layout with a view of the Gulf and beach. Regency Towers amenities include gated entry, private beach access, two pools, a hot tub, a tiki bar and grill, fitness center, billiards room and picnic areas.
The bright Panama City Beach lights have stopped here! This gorgeous LAKEFRONT 3 bedroom + bunk room unit features stunning lake and gulf views from its oversized, private wraparound balcony. A Corner unit that showcases a breathtaking sunrise view and is the prime location for the nightly water show. Just Steps Away From The World's Most Beautiful White-Sand Beaches, and is the one your friends, family and vacationing guests will enjoy for a lifetime! Gorgeous granite countertops, LVP flooring and all new furniture! Sold Fully furnished and turn key ready - just in time for summer rentals! Boasting a phenomenal historical rental. You'll love Easy Beach access, 5 pools, 2 hot tubs, play area for kids, splash bar, putting green, fitness center w/ gulf view, covered garage parking and more
NEW CONSTRUCTION in the gated community of Sanctuary Beach! This 3-bedroom, 2.5-bath home is thoughtfully design, upgraded finishes and attention to detail can be found throughout. The open-concept kitchen, dining and living area is designed for both everyday living and entertaining. The kitchen features an impressive 9-foot island, charcoal/navy cabinetry with polished nickel hardware, quartz countertops, khaki stacked tile backsplash, gas stove, built-in wine rack, pantry cabinetry with pull-out shelving and a dedicated cabinet that keeps your microwave hidden from view. The first-floor primary suite offers a spacious bath with a large double vanity and tiled shower. The powder room makes a statement with a beautiful navy tile floor, beautiful cabinetry accented with navy and brushed-gold hardware, Calacatta quartz with a curved arched backsplash and a vessel sink. Upstairs are two additional bedrooms, including one with a walk-in closet and built-in shelving, plus a shared bath with a double vanity. Outside, a fenced, low-maintenance yard with minimal landscaping to care for. Additional features include a gas tankless water heater and carefully selected fixtures and finishes throughout. Sanctuary Beach is a gated community tucked beside the Bay Point Golf Course, offering a community pool and a convenient location near dining, marinas, golf and everything Panama City Beach has to offer.
INVESTOR SPECIAL!!! Priced significantly below recent comparable sales and seller is ready to sell! Built and LIVED IN by Ledman, a premier and high-end builder in Bay County, you have strong bones to update the interior and 10 foot ceilings with your cosmetic preferences. The roof and pool lanai were replaced in 2019, and the home is equipped with a 20kwh Cummings generator. In addition to a two-car garage, a rare attached and insulated RV garage provides over 40 feet of extra storage depth. Outside, the screened in pool and backyard on this almost half acre lot overlook the 12th Fairway of the acclaimed Nicklaus Course of Bay Point Golf Club. Inside, the living space and kitchen flow seamlessly together in an open concept with high ceilings that offers a kitchen island, formal dining area, and space for an eat-in kitchen table or option to place a fixed kitchen island for more counter space. The three bedrooms are located on the north wing of the house. The master suite has two walk-in closets that flank the king sized bed, and the sizable master bathroom has an additional door which opens directly to the pool deck, allowing for a simple rinse-off after a day by the pool. The Bay Point community is one of the most beloved communities in Panama City Beach due to its close proximity to all the shopping and employment opportunities on both the east and west side of the Hathaway Bridge and West Bay. Bay Point itself offers golfing, tennis, pickleball, waterfront boardwalk, and dining options within the community. The Marina is an impressive community feature, with over 100 boat slips and a boat ramp for marina members, as well as a dockside pool for those wishing to cool off after a day on the water. Shell Island and the white sand beaches of St. Andrews State Park are just a short boat ride away. Within Bay Point, Fairways is a highly desired neighborhood. Because of the location along the golf course, gated entrance, large lots, and limited availability, those who purchase a home in Fairways usually stay for a long time. Give us a call today to arrange your private showing, and you'll see why locals rave about Fairways in Bay Point.
Experience waterfront living in Bay Point with front-row seats to some of the most breathtaking sunrises on the bay. Built in 2023, this elevated coastal masterpiece captures panoramic water views from nearly every room and offers a rare opportunity to watch boats glide toward the lagoon and pass from your own 52-foot back deck. Designed for both relaxation and entertaining, the deck features a fully equipped outdoor kitchen with grill, sear station, sink, cabinetry, and sleek cable railing that keeps every inch of the view wide open. Inside, walls of oversized windows fill the home with natural light and create a seamless connection to the bay. The kitchen was thoughtfully designed as the heart of the home, showcasing an over 10-foot island, a cast iron sink perfectly framed by an eight-foot window overlooking the bay, and a butler's pantry that keeps everyday appliances out of sight. With no upper cabinets, the space feels open, modern, and intentionally centered around the view. The upper level was built for gathering, with the kitchen, living space, and office all oriented toward the water. One of the four bedrooms is currently styled as a game room/man cave with a large walk-in storage closet and direct access from the main living area, offering flexible space for guests, hobbies, or media. Downstairs, the master suite and two additional bedrooms provide privacy and comfort. This home delivers a rare blend of coastal design, privacy, and unforgettable waterfront living!
Located in the desirable Gulf Pines neighborhood of Panama City Beach, this 1984 mobile home offers 2 bedrooms, 1 bathroom, and a spacious 0.20-acre lot with plenty of potential! Exceptionally well maintained for its age, the home features updated plumbing. HVAC is original and still operational. The property is fully fenced with gated access and includes an 8.5' x 16' storage shed built in 2020 with electricity. Just a short 3-5-minute golf cart ride to Beach Access #22 and conveniently located near shopping, dining, and entertainment. Whether you're looking for an affordable beach getaway, or a property with future possibilities, this is a great opportunity to own a piece of Panama City Beach!
If you are looking for a starter home close to the beach or your first investment property, look no further! Priced to sell, this 2 bed/2.5 bath home is ready for you to put your stamp on it. Being sold AS-IS and fully furnished -- including washer and dryer!
Laketown Wharf is located in the heart of Panama City Beach close to all major attractions, stores and restaurants. There are onsite restaurants, gift shops and 810 Billiard and Bowling a large entertainment venue for families. This 3/2 unit has a beautiful lakefront master bedroom with a secondary queen bedroom and a bunk room. The unit has a new HVAC, water heater, stainless steel appliances and fresh paint. The unit is in immaculate condition and will be a lucrative short-term rental or vacation home. The complex has a private beach access adjacent to Pineapple Willys for owners and guests' convenience. Don't miss an opportunity to purchase this beautiful lakefront condominium located within an all-inclusive resort experience
Experience modern luxury living at the finest residence within the private gates of Bay Point Yacht & Country Club - Legend Hills. Introducing 204 Golf Circle, the most sophisticated private residence where architectural detail, curated interiors, and resort-style living exist in perfect harmony. 204 Golf Circle delivers a level of finish & design continuity rarely found in the market. From the very first impression, the home empowers a striking architectural statement, featuring the expansive black steel-framed French entry doors. The main living spaces were designed around effortless entertaining and a true indoor-outdoor lifestyle. In the kitchen, bespoke cabinetry and Monogram stainless steel appliances create a polished culinary environment, while black steel-framed French doors open directly to the outdoor oasis. Every transition feels deliberate, allowing natural light, oasis views, and the surrounding landscape to become part of the interior experience. A dedicated entertainment lounge and custom home bar serve as one of the home's signature spaces. Folding black steel-framed French doors fully retract to blur the line between interior and exterior, creating an extraordinary setting for intimate evenings, large-scale entertaining, or relaxed weekends by the pool. Curated furnishings, integrated Sonos surround sound, and thoughtfully layered finishes give the space the atmosphere of a private members' club. The primary suite is a serene retreat with direct access to the outdoor living areas through steel-framed French doors. Separate fully built-out his-and-her closets are finished with matching black steel doors, creating a tailored, boutique-inspired feel. The primary bath is designed as a private spa, featuring dual vanities, a dedicated makeup vanity, custom glass shower, and sculptural soaking tub positioned to capture soft natural light. Throughout the residence, design consistency remains exceptional. A spacious home office is enclosed by black steel French doors, preserving privacy while embracing natural light and visual connection. Two oversized guest suites offer generous built-out closets and access to a beautifully appointed Jack-and-Jill bath with a glass-enclosed shower. A large laundry room adds functionality with the same level of thoughtful planning found throughout the home. Technology is seamlessly integrated into the living experience with custom automatic window treatments, entire-home Sonos audio, and carefully designed exterior lighting that transforms the property after sunset. Outside, the home unfolds into a private resort. The custom pool features a dedicated in-water lounge layer and three waterfall elements, creating a dramatic focal point within the outdoor setting. Multiple purpose-designed lounge areas, custom-fitted patio furnishings, and expansive entertaining spaces create an atmosphere that feels like a boutique resort. Every exterior access point has been elevated through the use of black steel-framed French doors, including connections from the kitchen, primary suite, and entertainment lounge -- reinforcing the home's architectural identity while creating a seamless relationship between the interiors and the outdoor oasis. Completing the residence is an oversized two-car garage plus a dedicated golf cart garage, perfectly aligned with the Bay Point lifestyle. Every finish, sightline, material, and architectural detail has been considered to create a residence that feels sophisticated, private, and distinctly elevated. For the buyer seeking design, lifestyle, and turnkey luxury at the highest level, this is an exceptional offering within Bay Point Yacht & Country Club. For more information, contact the listing agent to discuss the incentives being offered.
Walk to the beach from this renovated 2-bedroom, 2-bathroom townhome in Summerplace, a low-density community of just 18 units on the desirable beach side of Thomas Drive! Enjoy convenient access to the white sandy beaches of Panama City Beach without crossing any busy streets. Renovations include luxury vinyl plank flooring throughout both levels, an updated kitchen, a renovated downstairs bathroom, and brand-new appliances. The spacious layout features an open living and dining area, a full bathroom downstairs, a dedicated laundry area, and multiple owner's storage closets. Enjoy a private covered patio on the first floor with an additional exterior storage closet for beach chairs, umbrellas, and other essentials. Upstairs, both bedrooms are generously sized and connected by a Jack-and-Jill bathroom. The spacious primary bedroom features a private balcony overlooking the refinished tennis courts, with a partial Gulf view and a refreshing coastal breeze. Summerplace offers a recently refinished, seasonally heated community pool with a pool house. Two assigned parking spaces are located directly outside your front door, providing convenient access without elevators or stairs to enter the home. Located just a short walk from Beach Access 12, with a sidewalk leading to the beach and free public parking available at the access. Enjoy nearby favorites including Panama City Coffee Company, Schooners, Ms Newby's, Hammerhead Fred's, Tootsie's, and St. Andrews State Park, with convenient access to Highway 98. Short-term rentals are allowed, offering flexibility for buyers seeking a primary residence, second home, vacation getaway, or investment property. Affordable beachside opportunities with this combination of renovations, proximity to the beach, and community amenities are hard to find. Don't miss your chance to own a renovated townhome just a short walk from the beach, complete with a community pool, private outdoor spaces, and investment potential!
Enjoy waterfront living in the desirable Lower Grand Lagoon area of Panama City Beach with this 3-bedroom, 2-bath home offering 50 feet of frontage on the lagoon and direct access to the Gulf. The property features a boathouse with a 10,000-lb boat lift, making it easy to enjoy boating, fishing, and days on the water right from your backyard. Inside, the home offers an open floor plan with a wood-burning fireplace, granite countertops in the kitchen and bathrooms, and an enclosed porch providing additional space for relaxing, entertaining, or creating a home office or game room. Recent improvements include new flooring and interior paint throughout, exterior paint completed in 2025, and roofs on both the home and boathouse replaced in 2022. The HVAC was serviced and the septic tank pumped in 2026. A detached one-car garage provides additional storage for beach and boating gear. For buyers needing even more space, a separate lot located approximately one block away is also available for purchase separately (MLS #796638 )and features a three-car garage--perfect for storing boats, vehicles, golf carts, and other toys or creating additional workspace. Conveniently situated near the beautiful beaches of the Gulf, local dining, shopping, and entertainment, this property offers easy access to everything Panama City Beach has to offer. Whether you're looking for a primary residence, vacation getaway, or investment opportunity, this property offers plenty of possibilities!
Wake up to stunning Gulf views and unwind to the beauty of the water from the comfort of your own living room! This beautifully appointed 2-bedroom, 2-bathroom condo features a built-in bunk room, an open-concept layout, and the views you've been dreaming of. Whether you're relaxing on the couch or waking up in the primary suite, the Gulf is always in sight. Step onto your private balcony from either the living room or primary bedroom and enjoy the coastal breeze and breathtaking scenery. The well-equipped kitchen features top of the line Samsung appliances including a double oven, Family Hub/French door smart refrigerator with AKG speaker, while luxury vinyl plank flooring flows throughout the entire unit for a clean, cohesive look. Both bedrooms are furnished with king-size beds, offering comfort and plenty of space for owners and guests alike. The built-in bunk room and pull out couch bed provide additional sleeping accommodations, making this condo ideal for personal enjoyment or vacation rental potential. Conveniently located directly off the elevators in a preferred stack, this unit offers easy access and desirable positioning within the resort and parking garage. Lovingly enjoyed as a second home for nine years, it was only introduced to the rental market approximately one year ago. The condo is being sold fully furnished, including a front-load washer and dryer, making it ready to enjoy or continue as a rental opportunity. Enjoy an incredible collection of resort-style amenities, including 5 pools, 2 hot tubs, a fitness center, a boardwalk featuring the spectacular fountain show, on-site dining, covered parking, and convenient beach access just across the street. Whether you're searching for a personal Gulf Coast retreat, a vacation getaway for family and friends, or an investment opportunity in a sought-after resort setting, this condo offers the perfect blend of Gulf views, comfort, convenience, and resort-style living. Your coastal escape awaits!
Coastal Luxury living without the gulf front pricing . It is located directly across the street from the Gulf. Surf drive is a short unique street in PCB. Surf drive is only a mile long and has many upscale homes and they are building more. The new world famous Tootsies is less than a mile away and an easy walk by street or the beach. There are many restaurants, bars, beach stores and ice cream shops within walking distance. All of the large marinas and the state park are less than 10 minutes away. This beautiful home was completely updated in 2025. All of the ceilings are shiplap and the flooring is LVP. It is completely furnished by an experienced decorator and is rental ready. It has one of the largest pool areas you will find and has both a hot tub and pool. The pool area is a great place to hang out and enjoy being together with family and friends. One of the highlights of the pool area is that is completely covered with stone pavers. There is a gate on the side of the house coming from the beach that has an outdoor shower with both hot and cold water. The outdoor area has large tables close to the outdoor grill as well as many lounge chairs. A vinyl fence surrounds the side and back of the house. It is a short walk to either beach walk 19 or 20. You will be on the LARGE beach in less than 5 minutes from the driveway. The area was part of the beach renourishment several years ago. There are no condos close by so there is plenty of room to enjoy the beautiful white sand The home is on a corner lot with stone pavers on the front and side of the house. Parking will never be a problem. There is a large master bedroom that has a large closet that can be used to put a port-a-crib for small children. All three baths were completely updated. Two have granite counter tops and tile showers with sliding glass doors. One has a new tub with tile around it as well as a sliding glass door. There are blue tooth connections in the bathroom fans so you can listen to your favorite music. All of the bathrooms have a large number of hooks for towels and swim suits. A large new AC was installed in 2025. The kitchen, family room and dinning room are open and make for a large area for the whole group to gather. There is a large granite top island between the kitchen and family room that makes it easy to serve meals to a large group. There is a large big screen TV in the family room as well as each bedroom except the bunk bedroom. The bunk bedroom has extra long built end wood bunks that can sleep 4 adults easy and even more children. The current bed configuration sleeps 18 including the pull out couch.
Discover coastal living with an outstanding collection of amenities at Villas at Suncrest! This 2 bedroom, 2 bath condo offers approximately 1,299 square feet. The generous footprint provides room to relax, entertain, and make the space your own. This property features granite kitchen countertops, and a private one car garage. Elevator access adds convenience to this upper level units, located just across the street from the neighborhood dog park. Enjoy two community pools, including an expansive resort style pool, along with a well equipped fitness center included in your HOA amenities. Community workspaces, a billiards room, poolside outdoor kitchens, and a playground provide plenty of opportunities to work, relax, and entertain. Short-term rentals are prohibited, helping create a welcoming residential atmosphere where neighbors can connect. Conveniently located near Panama City Beach's beautiful beaches, shopping, and dining, this condo offers an appealing combination of space, convenience, and community amenities. Schedule your showing of 2203 Walosi Way, Unit L303, today!
SELLER WILL PAY ALL CLOSING COSTS AND BUY DOWN THE CURRENT INTEREST RATE AND GIVE MONEY FOR ANY REPAIRS. Beachside duplex with two separate 2-bedroom, 1-bath residences, approximately 772 square feet each (1,544 total). Originally built in 1999. Prior 2026 listing describes remodeled interiors, luxury vinyl plank flooring, vaulted ceilings, newer metal roof, furnishings and laundry facilities in both units. Short-term rental use was advertised; independently verify licensing, zoning and rental restrictions. Previous marketing indicated unit 5711 leased through September 1, 2026; verify present occupancy. Located near Thomas Drive and Gulf beaches. Historical asking price $589,000 when withdrawn August 2026; no current list price verified.
Beautifully Updated Townhome Near the Beaches of Panama City Beach! Welcome to this beautifully updated 3-bedroom, 2.5-bathroom townhome offering a comfortable layout, modern finishes, and a convenient location close to the beach, shopping, dining, and the Naval Base. Whether you're searching for a primary residence, a second home, or an investment opportunity, this home offers a great combination of style, functionality, and location. The kitchen features crisp white cabinetry, granite countertops, and stainless steel appliances, creating a clean, timeless look with plenty of appeal. Gray plank laminate flooring extends throughout the downstairs living area, providing a modern feel and an easy-to-maintain space for everyday living and entertaining. Upstairs, you'll find three bedrooms with carpeted flooring, offering a comfortable retreat at the end of the day. The spacious primary suite features a walk-in closet and a private bathroom with dual sinks, providing added convenience and functionality. Two additional bedrooms offer flexibility for guests, a home office, or other needs. With 2.5 bathrooms and an upstairs laundry area, this home is designed to make everyday living a little easier. Additional features include a one-car garage and a practical floor plan that makes the most of its living space. Conveniently located near beautiful beaches, local restaurants, shopping, and the Naval Base, you'll have easy access to many of the area's most popular destinations!
Within Hadley's Beach, an intimate Gulf-front community of just 26 residences in Panama City Beach, 5944 Gulf Drive is a new construction coastal residence by Thor Construction, thoughtfully designed around scale, craftsmanship, and life near the Gulf. Spanning 4,747 square feet with six bedrooms and six and a half baths, the home balances sophisticated gathering spaces with private retreats, creating a setting equally suited to everyday living, extended stays, and time shared with family and guests. The interiors are defined by craftsmanship rather than excess. Thoughtful proportions, elevated finishes, and natural transitions between spaces create an easy sophistication throughout the home. At its center, the kitchen brings form and function together with custom cabinetry, premium appliances, an expansive island, and a layout designed to keep the kitchen connected to the surrounding living areas. Throughout the residence, private and shared spaces have been carefully considered. The third-floor primary suite offers a more secluded retreat within the home, while additional bedrooms provide comfortable accommodations for family and guests. A generously scaled bunk room, featuring a custom king bunk and two twin bunks, adds flexibility and architectural character while maintaining the refined aesthetic carried throughout the residence. Outdoor living extends into the fenced backyard, where Gulf breezes and an outdoor shower reflect the ease of the coastal setting. Hadley's Beach is intentionally limited in scale, with 16 Gulf-front and 10 first-tier residences, creating a more intimate residential environment along Panama City Beach's white-sand shoreline and emerald waters. What distinguishes 5944 Gulf Drive is the combination of new construction, thoughtful architecture, and a Gulf-oriented setting within a limited collection of residences. For buyers searching for a luxury new construction home in Panama City Beach, a second home near the Gulf of Mexico, or a spacious coastal residence designed for family and guests, 5944 Gulf Drive delivers a compelling balance of design, livability, and location within Hadley's Beach.
***AGENTS, PLEASE READ AGENT REMARKS*** Lowest priced(as of list date)2 bedroom, 2 bathroom recently updated(unfurnished) Dunes of Panama condo with breathtaking gulf front views from both the living room and master bedroom!! Recent upgrades and updates include but are not limited to: Granite countertops, stainless steel appliances, new water heater and washer and dryer, new toilets, new ceiling fans, all new outlets and switches, completely repainted interior, new baseboards, and refinished master bathroom tub. The community offers over 1,500 feet of sugar white beaches, 24 hour guard gated security, multiple heated pools, on site restaurant, volleyball and basketball courts, lighted tennis and pickleball courts, shuffleboard courts, picnic tables and BBQ grills, fitness center, and private meeting rooms available if you need to do some work while trying to vacation :-) The complex is centrally located to wonderful dining, boating, shopping, and entertainment. All information is approximate and should be verified by buyers if important
AFFORDABLE BEACH GETAWAY WITH BOATING ACCESS & SHORT-TERM RENTAL POTENTIAL! Welcome to Treasure Cove, where coastal living, convenience, and affordability come together. This charming 2nd floor, 1-bedroom, 1-bath condo offers the perfect opportunity for a beach getaway, second home, or short term rental investment. The unit has never been used as a short term rental, giving the next owner a fresh opportunity to make it their own. Located directly on the lagoon, Treasure Cove offers a pool and boat dock available for owners to enjoy, with Gulf access right from the property. Spend the day boating, fishing, or cruising to Shell Island, just approximately 5 minutes away by boat. Offshore fishing charters, jet ski and pontoon rentals, and the famous Sea Screamer cruise are conveniently located next door. One of the best features of this location is the balance--it's tucked away from the heavier traffic and noise while still being close to all the action. Beach Access #2 is within walking distance, giving you easy access to the beautiful white sand beaches of the Gulf. Whether you're looking for an affordable place at the beach, a second home that can potentially help pay for itself, or an investment opportunity in a highly desirable location, this Treasure Cove condo checks all the boxes!
Picture this: it's 7 a.m., coffee in hand, and you're strolling across the street to watch the sun come up over the Grand Lagoon. Your boat is in the water from the public ramp one block away before the charter crowd wakes up. By lunch you're toes-in-the-sand at Gulf beach access #11, about half a mile from your door. By sunset you're on the deck at Schooners, about 1.5 miles away. And while you're living the dream, two homes are quietly working for you. That's what 3707 Mystic Street is: a beach lifestyle that pays its own way. This duplex lives like two separate homes, with two private entries, two separate parking areas and each unit's own patio, so neighbors and guests never feel like they're sharing. Mystic Surf (Unit A) is the guest favorite, with three king bedrooms plus a twin and trundle that sleep eight, surf murals in every bedroom, a kitchen big enough for the whole crew, a cozy electric fireplace and a storage shed for the kayaks and paddleboards. Mystic Sun (Unit B) is the hideaway, with two king suites, a full kitchen, a real wood-burning fireplace for those cool December nights and its own shed. For the second-home buyer, this is the beach house that doesn't sit empty. Keep one side as your private getaway, with its own entry, parking and patio. Rent the other side to guests and let them help cover your costs. Come down whenever you want, lock the door when you leave, and let the income keep rolling in. For the investor, this is two income streams on one turnkey property that's already operating as a vacation rental. There's no HOA and nothing to fix, short-term rentals are allowed, and you have the flexibility to run each unit however the market tells you to. For the buyer hunting for multifamily close to the beach, this is the one that's hard to find. Small multifamily properties this close to both the Gulf and the lagoon rarely come up, especially with true separation between units, a corner lot and room to grow. There's space for boat parking, so your boat lives right at home one block from the ramp. There's also room to add a hot tub, the kind of upgrade guests search for and happily pay more for. Everything worth doing is close. The Grand Lagoon marinas and charter fleets are 1 to 2 miles away. The trails and snorkeling at St. Andrews State Park are about 2 miles away. A cold one at Buster's Beer & Bait is an easy walk, and Pier Park is roughly 9 miles away. Now let's talk numbers. Mystic Surf projects about $46,000 a year in rental income, and Mystic Sun projects about $30,000, for a combined projection of roughly $76,000 a year. There's no HOA fee eating into your returns, and both units are already up and running, so there's no setup period and no waiting for your first booking. Keep both on the short-term market for maximum income, or put one side on a mid- or long-term lease for steady, predictable cash flow. Adding a hot tub or capturing boat-friendly guests could push those numbers even higher.

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 Central Panhandle Association of Realtors® Multiple Listing Service, Inc. – All Rights Reserved.


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Panama City is located in Florida. Panama City, Florida 32408has a population of 18,140. Panama City 32408 is less family-centric than the surrounding county with 26.52% of the households containing married families with children. The county average for households married with children is 27.71%.
The median household income in Panama City, Florida 32408 is $61,740. The median household income for the surrounding county is $60,473 compared to the national median of $69,021. The median age of people living in Panama City 32408 is 39.5 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 59.7 inches per year, with 0 inches of snow per year.