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Sold for $585,000
  • $585,000

    209 E Lakeshore Dr, Panama City Beach, FL 32413

    3beds
    1,271sqft
    Single Family Residence
    Built in 1940
    9,583 Square Feet Lot
    $577,600 Zestimate®
    $460/sqft
    $2,292 Estimated rent

    Home value

    $577,600

    $526,000 - $635,000

    $2,292/mo

    Zestimate® history
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    What's special

    Large lot
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Prime investment opportunity in the heart of Panama City Beach! Located just minutes from the white-sand shoreline, This property offers strong potential for short-term or long-term rental income. This property is positioned in a high-demand area with no HOA restrictions, giving investors full flexibility for Airbnb or traditional leasing. Close to Pier Park, shopping, dining, and major attractions, this location delivers consistent year-round rental demand. Large lot provides room for outdoor amenities or future value-add improvements. A rare chance to own an income-producing property in one of PCB's fastest-growing rental corridors.

    Zillow last checked:

    Listing updated:

    Listed by:

    William Nazarowski 850-332-2667,

    Sun Beach Realty

    Bought with:

    William Nazarowski

    Sun Beach Realty

    Source: CPAR,MLS#: 782752MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Porch
    Bedroom
    • Level: First
    • Dimensions: 16.6 x 10
    Bedroom
    • Level: First
    • Dimensions: 15.5 x 9.4
    Primary bathroom
    • Level: First
    • Dimensions: 15.5 x 10.8
    Other
    • Level: First
    • Dimensions: 6.9 x 10.1
    Kitchen
    • Level: First
    • Dimensions: 10.5 x 13.2
    Laundry
    • Level: First
    • Dimensions: 6.9 x 10.1
    Living room
    • Level: First
    • Dimensions: 13.1 x 12.9
    Porch
    • Level: First
    • Dimensions: 20 x 12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater, Ice Maker
    Interior area
    • Total structure area: 1,271
    • Total interior livable area: 1,271 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking, Gated
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Covered, Patio, Porch
    • Exterior features: Covered Patio
    • Fencing: Fenced
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 50 x 195
    Details
    • Parcel number: 37360000000
    • Zoning description: City, Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Frame
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available

    Community & HOA

    Community
    • Features: Beach, Fishing, Shopping, Short Term Rental Allowed
    • Subdivision: Laguna Beach
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $460/sqft
    • Tax assessed value: $383,190
    • Annual tax amount: $2,110
    • Date on market: 12/17/2025
    • Cumulative days on market: 21 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/20/2026Sold$585,000-13.3%$460/sqft
    Source: CPAR #782752 Report a problem
    1/5/2026Pending sale$675,000$531/sqft
    Source: CPAR #782752 Report a problem
    12/17/2025Listed for sale$675,000+61.5%$531/sqft
    Source: CPAR #782752 Report a problem
    8/13/2021Sold$418,000+74.2%$329/sqft
    Source: Public Record Report a problem
    1/8/2019Sold$240,000+57.9%$189/sqft
    Source: Public Record Report a problem
    10/7/2015Sold$152,000$120/sqft
    Source: Public Record Report a problem
    7/31/2015Sold$152,000+26.8%$120/sqft
    Source: CPAR #633412 Report a problem
    7/10/2015Pending sale$119,900$94/sqft
    Source: Coldwell Banker Carroll Realty, Inc. #633412 Report a problem
    7/2/2015Price change$119,900+379.6%$94/sqft
    Source: Coldwell Banker Carroll Realty, Inc. #633412 Report a problem
    6/20/2015Price change$25,000-93%$20/sqft
    Source: Auction.com Report a problem
    6/3/2015Listed for sale--
    Source: Auction.com Report a problem
    1/5/2015Listing removed--
    Source: Auction.com Report a problem
    12/17/2014Listed for sale--
    Source: Auction.com Report a problem
    6/22/2004Sold$355,000+308%$279/sqft
    Source: Public Record Report a problem
    8/13/1998Sold$87,000$68/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,749 +6.4%$383,190 +8.3%
    2023$4,462 +7.3%$353,661 -0.6%
    2022$4,157 $355,931
    2021-- --
    2020$2,417 +19.3%$195,417 +41.3%
    2019$2,026 $138,311 +10%
    2018$2,026 +25.5%$125,737 +2.9%
    2017$1,614 +2.2%$122,137 -0.9%
    2016$1,579 +16.5%$123,301 +23.7%
    2015$1,356 $99,710 -1.4%
    2014$1,356 $101,138 -2.5%
    2013-- $103,693
    2012-- $103,693 -4.5%
    2011-- $108,589 -18.3%
    2010-- $132,914 -5.4%
    2009-- $140,559 -13.2%
    2008-- $161,879 -8.9%
    2007-- $177,720 -37.8%
    2006-- $285,631 -7.5%
    2005-- $308,849 +150.4%
    2004-- $123,362 +41%
    2003-- $87,516 +6.8%
    2002-- $81,927
    2001-- $81,927 +7.2%
    2000-- $76,405
    Find assessor info on the county website

    Neighborhood: 32413

    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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