Located on an expansive corner lot, this stunning 3 bedroom, 2 bath home brings all the goods! This treasured location is one of the most coveted spots within the resort, it's truly a quiet piece of paradise, completely unique and highly sought after. This beautiful home has new siding, impact windows, tile flooring throughout, granite countertops, stainless appliances, 2 driveways that offer parking for up to 3 cars and much more. You will love the open floor plan, large rooms and the amount of storage this home boasts. Relax your afternoons away in your own personal outdoor oasis. Here you will find plenty of room for grilling and relaxing after a long day at the beach. This potential rental powerhouse is being sold furnished and turnkey ready for rentals or make this your 2nd home. Or become a local and join us in paradise living your best life here in Venture Out! It doesn't get better than this! Venture Out is a golf cart community that has exploded with popularity recently... With 300' on the beautiful pristine beaches of the Gulf of Mexico and 1,000' on the Grand Lagoon. Venture Out has something for everyone. With 2 pools, fishing pier, boat ramp, mini golf, & more
Sold for $615,000
$615,000
128 Treasure Isle, Panama City Beach, FL 32408
3beds
1,188sqft
Single Family Residence
Built in 1996
2,178 Square Feet Lot
$612,400 Zestimate®
$518/sqft
$1,964 Estimated rent
Home value
$612,400
$551,000 - $680,000
$1,964/mo
Zestimate® history
Owner options
List your home for rent
$1,964/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,964/mo
Rent Zestimate®
Refinance and save
$3,917/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,917/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Granite countertopsOpen floor planAmount of storagePersonal outdoor oasisExpansive corner lotImpact windowsLarge rooms
Zillow last checked:
Listing updated:
Listed by:
Kelli Sims 850-294-8379,
Sims Resort Realty, Inc
Bought with:
Kelli Sims, 3263620
Sims Resort Realty, Inc
Source: CPAR,MLS#: 774765
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Level: First
- Dimensions: 12 x 11
Kitchen
- Level: First
- Dimensions: 12 x 12
Living room
- Description: Dining/Kitchen Combo
- Level: First
- Dimensions: 12 x 14
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Interior area
- Total structure area: 1,188
- Total interior livable area: 1,188 sqft
Property
Features
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 2,178 Square Feet
- Dimensions: 37 x 66
- Features: Paved
Details
- Parcel number: 31441050000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Barbecue, Basketball Court, Beach, Boat Facilities, Dock, Fishing, Golf, Gated, Laundry Facilities, Playground, Park, Tennis Court(s), Short Term Rental Allowed
- Security: Smoke Detector(s), Security Service
- Subdivision: Venture Out Travel Trail
HOA
- Has HOA: Yes
- Amenities included: Other, See Remarks, Beach Rights, Dock, Gated, Gazebo, Barbecue, Picnic Area
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $518/sqft
- Tax assessed value: $516,474
- Annual tax amount: $4,654
- Date on market: 6/11/2025
- Cumulative days on market: 70 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $615,000-17.9%$518/sqft |
Source:  CPAR #774765 Report a problem | ||
| 8/20/2025 | Pending sale | $749,000$630/sqft |
Source: CPAR #774765 Report a problem | ||
| 6/11/2025 | Listed for sale | $749,000+130.5%$630/sqft |
Source: CPAR #774765 Report a problem | ||
| 4/12/2018 | Sold | $325,000+8.4%$274/sqft |
Source: Public Record Report a problem | ||
| 5/28/2014 | Listed for sale | $299,900$252/sqft |
Source: Prudential Shimmering Sands Realty #620567 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,654 +17.5% | $268,159 +10% |
| 2023 | $3,960 +18.6% | $243,781 +10% |
| 2022 | $3,340 | $221,619 |
| 2021 | -- | -- |
| 2020 | $2,862 -13.6% | $183,156 -31% |
| 2019 | $3,311 | $265,509 +82.2% |
| 2018 | $3,311 +27.4% | $145,750 +10% |
| 2017 | $2,600 +52.1% | $132,500 -8.1% |
| 2016 | $1,710 -8.8% | $144,251 +3.8% |
| 2015 | $1,874 | $138,952 +4.9% |
| 2014 | $1,874 | $132,408 -7.2% |
| 2013 | -- | $142,698 -4.3% |
| 2012 | -- | $149,083 +5.2% |
| 2011 | -- | $141,718 -0.8% |
| 2010 | -- | $142,819 -21.2% |
| 2009 | -- | $181,312 -18.5% |
| 2008 | -- | $222,526 +1.2% |
| 2007 | -- | $219,863 -2.9% |
| 2006 | -- | $226,447 +93% |
| 2005 | -- | $117,317 +32.5% |
| 2004 | -- | $88,555 +7.3% |
| 2003 | -- | $82,568 +4.9% |
| 2002 | -- | $78,723 |
| 2001 | -- | $78,723 +8% |
| 2000 | -- | $72,904 |
Find assessor info on the county website
Neighborhood: Lower Grand Lagoon
Nearby homes
- $650,0003 bd2 ba1.1k sqft129 Treasure Isle, Panama City Beach, FL 32408Sold
- $185,2002 bd1 ba792 sqft126 E Gulf Loop, Panama City, FL 32408Off Market
- $314,5003 bd2 ba792 sqft126 Gulf Loop, Panama City Beach, FL 32408Off Market
- $425,0002 bd2 ba1.1k sqft127 Gulf Loop, Panama City Beach, FL 32408Off Market
- $216,7501,734 Square Feet125 Gulf Loop, Panama City Beach, FL 32408Off Market
- $296,3002 bd2 ba728 sqft130 Treasure Isle, Panama City Beach, FL 32408Off Market
- $219,8221,917 Square Feet144 Treasure Isle, Panama City Beach, FL 32408Off Market
- $462,8002 bd2 ba1k sqft143 Treasure Isle, Panama City Beach, FL 32408Off Market
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 2.6 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 8.1 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 6.2 mi
Schools provided by the listing agent
- Elementary: Patronis
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$612,400
2% more
+$12,248
With Zillow Showcase(estimated)
$624,648
- Florida
- Bay County
- Panama City Beach
- 32408
- Lower Grand Lagoon
- 128 Treasure Isle
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Panama City Beach Topics
- Apartments for Rent in 32408
- Houses for Sale in 32408
- Houses for Rent in 32408
- 32408 Real Estate
- Panama City Beach Condos
- Houses for Sale in Panama City Beach
- Newest Listings in Panama City Beach
- Panama City Beach Home Values
- Panama City Beach Real Estate Agents
- Panama City Beach Refinance
- Panama City Beach Mortgage Rates
