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Pending
  • Price cut: $50K (7/21)
    $399,000

    154 Gulf Dr, Panama City Beach, FL 32408

    2beds
    972sqft
    : 
    $2,858/mo
    Get pre-qualified
    Single Family Residence
    Built in 1991
    1,800 Square Feet Lot
    $374,800 Zestimate®
    $410/sqft
    $321/mo HOA

    What's special

    Additional flex spaceRelaxed beachy vibe throughoutRoom for parkingWelcoming exterior spaceDurable vinyl plank flooringGenerous counter spaceConvenient breakfast bar
    Welcome to your slice of paradise in the highly sought-after gated community of Venture Out in Panama City Beach! This beautifully maintained 2-bedroom, 2-bath home offers the perfect blend of comfort, functionality, and coastal charm--with additional space that could easily serve as a bunk room, making it ideal for maximizing rental potential or accommodating extra guests. Step inside to a bright and open living area filled with natural light, featuring durable vinyl plank flooring and a relaxed, beachy vibe throughout. The spacious living room flows seamlessly into the dining area and kitchen, creating an inviting space for entertaining family and friends. The kitchen is well-appointed with ample cabinetry, generous counter space, and a convenient breakfast bar--perfect for casual dining. Just off the main living area, you'll find two comfortable bedrooms, including a primary suite. The additional flex space offers great potential for a bunk room, office, or extra sleeping area. Enjoy the Florida lifestyle outdoors with a welcoming exterior space and room for parking--plus the convenience of a golf cart-friendly community, making it easy to cruise down to the beach or around the resort. Venture Out amenities include: • Private beach access to the Gulf of Mexico (just a short golf cart ride away) • 300' of Gulf frontage & 1,000' on Grand Lagoon • Two swimming pools (one heated seasonally) • Tennis, pickleball & basketball courts • Fishing pier, boat launch & marina • Playground & picnic areas • 24/7 gated security Whether you're looking for a vacation home, investment property, or full-time residence, this home checks all the boxes. Venture Out continues to grow in popularity, making this a fantastic opportunity to own in one of Panama City Beach's most desirable golf cart communities. Don't miss your chance to own in paradise--schedule your showing today!
    132 days
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    200
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kelli Sims 850-294-8379,

    Sims Resort Realty, Inc

    Source: CPAR,MLS#: 788357MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Living Room, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 11 x 11
      Living room
      • Level: First
      • Dimensions: 14 x 12
      Heating
      • Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Main Level Primary
      Interior area
      • Total structure area: 972
      • Total interior livable area: 972 sqft

      Property

      Features
      • Patio & porch: Covered, Porch
      • Pool features: Community
      Lot
      • Size: 1,800 Square Feet
      • Dimensions: 30 x 60
      Details
      • Parcel number: 31439069000
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Coastal
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Composition,Shingle
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Features: Barbecue, Basketball Court, Beach, Boat Facilities, Clubhouse, Dock, Fishing, Golf, Gated, Playground, Park, Pool, Short Term Rental Allowed
      • Security: Security Service
      • Subdivision: Venture Out Travel Trail
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks, Dock, Gated, Gazebo, Barbecue, Picnic Area
      • Services included: Association Management, Boat Ramp, Cable TV, Fishing Rights, Laundry, Legal/Accounting, Maintenance Grounds, Playground, Pool(s), Sewer, Security, Tennis Courts, Water
      • HOA fee: $321 monthly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $410/sqft
      • Tax assessed value: $332,056
      • Annual tax amount: $3,559
      • Date on market: 4/14/2026
      • Cumulative days on market: 133 days
      • Electric utility on property: Yes

        Estimated market value

        $374,800

        $356,000 - $394,000

        $1,759/mo

        Price history

        DateEventPrice
        8/9/2026Pending sale$399,000$410/sqft
        Source: CPAR #788357 Report a problem
        7/21/2026Price change$399,000-11.1%$410/sqft
        Source: CPAR #788357 Report a problem
        5/21/2026Price change$449,000-10%$462/sqft
        Source: CPAR #788357 Report a problem
        4/14/2026Listed for sale$499,000+3464.3%$513/sqft
        Source: CPAR #788357 Report a problem
        7/1/1982Sold$14,000$14/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,559 +11.6%$251,617 +10%
        2023$3,188 +24.5%$228,743 +10%
        2022$2,560 $207,948
        2021-- --
        2020$2,066 +7%$166,578 +8.5%
        2019$1,931 $153,507 +5.3%
        2018$1,931 +3.6%$145,762 +6.2%
        2017$1,865 +5.4%$137,215 -0.6%
        2016$1,769 -1.3%$138,111 +4%
        2015$1,793 $132,791 +5.2%
        2014$1,793 $126,225 -7.5%
        2013-- $136,493 -4.5%
        2012-- $142,878 +5.6%
        2011-- $135,285 -0.7%
        2010-- $136,181 -21.7%
        2009-- $173,972 -19.1%
        2008-- $214,973 +7.9%
        2007-- $199,244 -3.4%
        2006-- $206,318 +107.8%
        2005-- $99,287 +54.7%
        2004-- $64,196 +1.7%
        2003-- $63,112 +5%
        2002-- $60,117
        2001-- $60,117 +2.2%
        2000-- $58,796
        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.
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        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        34 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        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.

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