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For sale
  • Price cut: $50K (8/20)
    $1,645,000

    121 Bel Aire Dr, Panama City Beach, FL 32413

    4beds
    2,320sqft
    : 
    $10,130/mo
    Get pre-qualified
    Single Family Residence
    Built in 2018
    8,712 Square Feet Lot
    $1,546,000 Zestimate®
    $709/sqft
    $-- HOA

    What's special

    Gulf viewsTwo new air-conditioning unitsTankless water heater
    Welcome to 121 Belaire Drive, a furnished 4-bedroom, 3-bath beach home in the highly sought-after Santa Monica area on the desirable west end of Panama City Beach. Built in 2018 and offering approximately 2,320 square feet, this property combines modern construction, Gulf views, and short-term rental flexibility in a location just minutes from the beach. With no HOA and short-term rentals permitted, the home presents an appealing opportunity for full-time living, a second home, or an investment property. The open floor plan is designed for comfortable coastal living and effortless entertaining. Interior bamboo flooring adds warmth and durability throughout the main living areas, while the spacious layout provides room for family and guests. Offered fully furnished and including a golf cart, this home is ready to enjoy from day one. The primary suite serves as a private retreat featuring an en-suite bathroom with a double vanity and a glass-enclosed tiled shower. A private door from the suite opens to the deck, where Gulf views provide a relaxing backdrop to morning coffee or evening sunsets. Additional bedrooms and bathrooms offer flexibility for guests and rental accommodations. Home was built to help reduce maintenance concerns and enhance long-term value, including two new air-conditioning units and a tankless water heater. The exterior was freshly painted in January, and an elevator provides convenient access between levels, adding functionality throughout the home. Outdoor living is a standout feature. Situated on an elevated 80-by-110-foot lot, the property offers ample room to add a pool while still maintaining outdoor gathering space. Bamboo decking creates an inviting setting for entertaining, and the outdoor shower provides a convenient place to rinse off after a day at the beach. Parking and storage are abundant with a 2-car garage, additional storage space, and a driveway accommodating up to four vehicles. Located on the west end of Panama City Beach near beaches, dining, shopping, and entertainment, this property offers the rare combination of Gulf views, modern construction, no HOA restrictions, short-term rental potential, and turnkey furnished convenience.
    86 days
    312
    19

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Howell 850-428-3338,

    Rev Realty Florida, LLC

    Source: CPAR,MLS#: 790923MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Dining Room, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Level: Second
      • Dimensions: 16 x 12
      Dining room
      • Level: Second
      • Dimensions: 10 x 11
      Kitchen
      • Level: Second
      • Dimensions: 15 x 15
      Living room
      • Level: Second
      • Dimensions: 20 x 15
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s), Multi Units
      Appliances
      • Included: Convection Oven, Gas Range, Ice Maker, Tankless Water Heater
      Features
      • Balcony, Double Vanity, Interior Steps, Upper Level Primary, Walk-In Closet(s)
      Interior area
      • Total structure area: 2,320
      • Total interior livable area: 2,320 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Garage Door Opener, Paved
      • Garage spaces: 2
      Features
      • Patio & porch: Balcony, Deck
      • Exterior features: Covered Patio, Outdoor Shower
      • Fencing: Fenced
      Lot
      • Size: 8,712 Square Feet
      • Dimensions: 80 x 110
      • Features: Paved
      Details
      • Parcel number: 37173000000
      • Zoning description: Resid Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • HardiPlank Type, Wood Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2018

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Short Term Rental Allowed
      • Security: Smoke Detector(s)
      • Subdivision: Santa Monica Beach
      HOA
      • Has HOA: No
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $709/sqft
      • Tax assessed value: $724,754
      • Annual tax amount: $9,107
      • Date on market: 6/6/2026
      • Cumulative days on market: 87 days

        Estimated market value

        $1,546,000

        $1.47M - $1.62M

        $3,531/mo

        Price history

        DateEventPrice
        8/20/2026Price change$1,645,000-2.9%$709/sqft
        Source: CPAR #790923 Report a problem
        7/27/2026Price change$1,695,000-5.6%$731/sqft
        Source: CPAR #790923 Report a problem
        6/6/2026Listed for sale$1,795,000+775.6%$774/sqft
        Source: CPAR #790923 Report a problem
        6/21/2016Sold$205,000$88/sqft
        Source: Agent Provided Report a problem
        2/2/2016Sold$205,000-84.2%$88/sqft
        Source: Public Record Report a problem
        1/22/2016Price change$1,295,000+491.3%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        1/19/2016Price change$219,000-83.1%$94/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        1/16/2016Price change$1,295,000+491.3%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        1/13/2016Price change$219,000-83.1%$94/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        1/12/2016Price change$1,295,000+491.3%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        1/7/2016Price change$219,000-83.1%$94/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        1/5/2016Price change$1,295,000+491.3%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        1/2/2016Price change$219,000-83.1%$94/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        12/31/2015Price change$1,295,000+465.5%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #729005 Report a problem
        7/20/2015Price change$229,000-82.3%$99/sqft
        Source: Pelican Real Estate #634179 Report a problem
        7/17/2015Price change$1,295,000+465.5%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        7/14/2015Price change$229,000-82.3%$99/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        7/10/2015Price change$1,295,000+380.5%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        7/7/2015Price change$269,500-79.2%$116/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        7/5/2015Price change$1,295,000+380.5%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        7/3/2015Price change$269,500-79.2%$116/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        7/2/2015Price change$1,295,000+380.5%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        6/20/2015Price change$269,500-79.2%$116/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        6/17/2015Price change$1,295,000+380.5%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        6/13/2015Price change$269,500-79.2%$116/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        6/12/2015Listed for sale$1,295,000+699.4%$558/sqft
        Source: Pelican Real Estate and Development Company, INC. #728972 Report a problem
        10/28/2014Sold$162,000$70/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,350 +7.6%$639,202 +10%
        2023$7,762 +15.6%$581,092 +10%
        2022$6,713 $528,265
        2021-- --
        2020$5,438 +199.9%$436,583 +213.1%
        2019$1,814 $139,436 +12%
        2018$1,814 +8.8%$124,475 +10%
        2017$1,667 +16.9%$113,159 +13%
        2016$1,426 +10.1%$100,102 +2%
        2015$1,295 $98,141 +15%
        2014$1,295 $85,340
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32413

        Getting around

        17 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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