Tucked into the heart of the East end of Panama City Beach, this charming townhome just steps from the beach offers an easy entry point into one of Florida's most in-demand coastal markets. With just over 1,000 square feet, the 2-bedroom, 2-bath layout delivers comfortable, low-maintenance living well suited to long-term renters, second-home buyers, or investors looking to capitalize on strong short-term rental demand.
The incoming producing and turn-key vacation rental has a location that offers the best of both worlds. A quiet, tucked-away neighborhood setting that still keeps you minutes from the beach, the lagoon, and local shops and restaurants. Mornings start with easy access to coffee and sand, afternoons are made for cruising to nearby favorites, and evenings bring you back to a peaceful community away from the crowds.
Community amenities add to the appeal, including a community pool, a community room, and boat slips available on a first-come, first-served basis. Inside, the home features a functional floor plan, a private garage, and a cozy, manageable footprint that makes it easy to maintain whether you're living here full-time or renting it out.
This is an affordable opportunity to own in Panama City Beach with genuine rental upside. This unit has been rented for 4 straight years and offers over $30,000 in gross rental income.
Great deal as a steady long-term rental, a personal beach escape, or an income-producing property when not in use. Location, lifestyle, and value come together in this well-positioned coastal retreat.
Sold for $285,000
Zillow last checked:
Listing updated:
Bought with:
Kimberly E Smith, SL3656966
Corcoran Reverie
Melanie S Allen, 3410268
Corcoran Reverie
Source: CPAR,MLS#: 792579
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSPrice history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $285,000-12.3%$279/sqft |
Source:  CPAR #792579 Report a problem | ||
| 5/16/2022 | Sold | $325,000+4.8%$319/sqft |
Source: CPAR #725026 Report a problem | ||
| 4/16/2022 | Pending sale | $310,000$304/sqft |
Source: CPAR #725026 Report a problem | ||
| 4/13/2022 | Listed for sale | $310,000+106.7%$304/sqft |
Source: CPAR #725026 Report a problem | ||
| 5/4/2018 | Sold | $150,000-11.8%$147/sqft |
Source: CPAR #666910 Report a problem | ||
| 3/7/2018 | Pending sale | $170,000$167/sqft |
Source: Panama City Beach #666910 Report a problem | ||
| 1/17/2018 | Listed for sale | $170,000-26.1%$167/sqft |
Source: Keller Williams Success Realty #666910 Report a problem | ||
| 6/2/2005 | Sold | $230,000+55.9%$225/sqft |
Source: Public Record Report a problem | ||
| 8/23/2004 | Sold | $147,500$145/sqft |
Source: Public Record Report a problem | ||
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