Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space.
The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request.
Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach.
No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences.
Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.
Sold for $1,590,000
$1,590,000
119 Southfields Rd #119 & 121, Panama City Beach, FL 32413
7beds
3,864sqft
Single Family Residence
Built in 2004
3,920.4 Square Feet Lot
$1,585,100 Zestimate®
$411/sqft
$5,075 Estimated rent
Home value
$1,585,100
$1.44M - $1.74M
$5,075/mo
Zestimate® history
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$10,126/mo
Est. payment
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Est. payment
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List your homeWhat's special
Private poolModern fixturesShared outdoor entertaining spaceFully furnished and turnkeyTwo separate three-story homesEstate-style layoutUpdated bathrooms
Zillow last checked:
Listing updated:
Listed by:
Paul D Gibney 850-775-7766,
Corcoran Reverie
Bought with:
Joseph Rohne
EXP Realty LLC
Source: CPAR,MLS#: 787608
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Primary bedroom
- Level: Third
- Dimensions: 16.5 x 18.9
Primary bedroom
- Level: Third
- Dimensions: 19.5 x 10.6
Bedroom
- Level: Third
- Dimensions: 11 x 10.3
Bedroom
- Level: Second
- Dimensions: 10.9 x 12.6
Bedroom
- Level: First
- Dimensions: 10.9 x 12.6
Bedroom
- Level: Third
- Dimensions: 14.1 x 12.9
Bedroom
- Level: Second
- Dimensions: 19.5 x 10.8
Bedroom
- Level: Second
- Dimensions: 14.1 x 12.9
Dining room
- Level: First
- Dimensions: 10.11 x 10.7
Kitchen
- Level: First
- Dimensions: 8.1 x 16.1
Kitchen
- Level: Second
- Dimensions: 17.5 x 14
Living room
- Level: First
- Dimensions: 14.1 x 18
Living room
- Level: First
- Dimensions: 17.5 x 14.1
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater, Tankless Water Heater
Features
- Instant Hot Water
Interior area
- Total structure area: 3,864
- Total interior livable area: 3,864 sqft
Property
Parking
- Parking features: Additional Parking
Features
- Patio & porch: Balcony, Deck, Open, Porch
- Exterior features: Covered Patio, Deck, Outdoor Shower
- Has private pool: Yes
- Pool features: In Ground, Private
- Fencing: Full,Fenced,Privacy
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Frontage length: 150
Lot
- Size: 3,920 sqft
- Features: Paved
Details
- Additional structures: Guest House
- Parcel number: 36071061000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Stucco, Vinyl Siding
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Underground Utilities
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Other, Security Lights, Smoke Detector(s)
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: No Named Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Sold | $1,590,000+6%$411/sqft |
Source:  CPAR #787608 Report a problem | ||
| 4/7/2026 | Pending sale | $1,500,000$388/sqft |
Source: CPAR #787608 Report a problem | ||
| 3/30/2026 | Listed for sale | $1,500,000$388/sqft |
Source: CPAR #787608 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 32413
Nearby schools
GreatSchools rating
- 6/10West Bay Elementary SchoolGrades: PK-5Distance: 6.7 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 7.6 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 9.8 mi
Schools provided by the listing agent
- Elementary: West Bay
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$1,585,100
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+$31,702
With Zillow Showcase(estimated)
$1,616,802
- Florida
- Bay County
- Panama City Beach
- 32413
- 119 Southfields Rd Unit 119 & 121
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