Investment Opportunity in the Heart of Panama City Beach!
Well maintained duplex located at 2512 Shady Oak Ct, Panama City Beach, FL 32408, offering a prime income producing asset just minutes from the white sand beaches, dining, entertainment, and Grand Lagoon. Each unit features a functional layout with strong long term rental appeal and consistent demand in this desirable beach market.
Both sides offer comfortable living spaces, well equipped kitchens, sizable bedrooms, and private entrances. The property sits on a quiet cul-de-sac style street, surrounded by mature trees, giving tenants a peaceful setting while still enjoying the convenience of coastal living. Ample parking is provided, along with outdoor space for each unit to enjoy separately.
Turn key for investors looking to house hack, long term rent, or expand their portfolio. No HOA restrictions maximize flexibility for rental strategies. Solid occupancy potential, attractive location, and a growing market make this an exceptional opportunity.
Pending
Price cut: $24.9K (6/15)
$475,000
2512 Shady Oak Ct, Panama City Beach, FL 32408
4beds
2,058sqft
Duplex, Multi Family
Built in 2019
-- sqft lot
$452,600 Zestimate®
$231/sqft
$-- HOA
What's special
Private entrancesSizable bedroomsAmple parkingComfortable living spacesQuiet cul-de-sac style streetWell equipped kitchensSurrounded by mature trees
- 267 days
- 115
- 7
Zillow last checked:
Listing updated:
Listed by:
Buck F Henry 850-541-5990,
CENTURY 21 Commander Realty
Source: CPAR,MLS#: 782354
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 11 x 13
Bedroom
- Level: First
- Dimensions: 11 x 11
Kitchen
- Level: First
- Dimensions: 11 x 8
Living room
- Level: First
- Dimensions: 19 x 13
Heating
- Electric
Appliances
- Included: Electric Cooktop, Electric Oven
Features
- Main Level Primary, Shower Only, Walk-In Closet(s)
Interior area
- Total structure area: 2,058
- Total interior livable area: 2,058 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 10,800 Square Feet
- Dimensions: 80 x 135
- Features: Paved
Details
- Parcel number: 30167620000
- Zoning description: City, Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- HardiPlank Type, Wood Frame
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: North Lagoon Oaks
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $231/sqft
- Tax assessed value: $415,739
- Annual tax amount: $5,189
- Date on market: 12/4/2025
- Cumulative days on market: 266 days
- Electric utility on property: Yes
Estimated market value
$452,600
$430,000 - $475,000
$2,257/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Pending sale | $475,000$231/sqft |
Source: | ||
| 6/15/2026 | Price change | $475,000-5%$231/sqft |
Source: | ||
| 5/17/2026 | Price change | $499,900-2.9%$243/sqft |
Source: | ||
| 5/11/2026 | Price change | $514,900-1.9%$250/sqft |
Source: | ||
| 2/19/2026 | Price change | $524,900-4.5%$255/sqft |
Source: | ||
| 12/4/2025 | Listed for sale | $549,900-4.4%$267/sqft |
Source: | ||
| 9/1/2025 | Listing removed | $575,000$279/sqft |
Source: | ||
| 3/17/2025 | Listed for sale | $575,000+3.6%$279/sqft |
Source: | ||
| 7/27/2023 | Sold | $555,000-4.1%$270/sqft |
Source: Public Record Report a problem | ||
| 12/25/2022 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/14/2022 | Price change | $579,000-1.9%$281/sqft |
Source: Owner Report a problem | ||
| 11/2/2022 | Listed for sale | $590,000+1698.8%$287/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/21/2019 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 12/15/2019 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 5/16/2018 | Sold | $32,800+31.2%$16/sqft |
Source: Public Record Report a problem | ||
| 11/1/2016 | Listing removed | $25,000$12/sqft |
Source: Exit Realty American #637455 Report a problem | ||
| 7/18/2016 | Price change | $25,000-28.4%$12/sqft |
Source: Exit Realty American #637455 Report a problem | ||
| 7/11/2016 | Price change | $34,900-10.5%$17/sqft |
Source: Exit Realty American #637455 Report a problem | ||
| 5/14/2016 | Price change | $39,000-21.8%$19/sqft |
Source: Exit Realty American #637455 Report a problem | ||
| 10/27/2015 | Listed for sale | $49,900+33.1%$24/sqft |
Source: Exit Realty American #637455 Report a problem | ||
| 3/25/2004 | Sold | $37,500$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,189 +14.2% | $415,739 +22.9% |
| 2023 | $4,543 +19.5% | $338,205 +10% |
| 2022 | $3,802 | $307,459 |
| 2021 | -- | -- |
| 2020 | $3,176 +722.3% | $254,098 +710.5% |
| 2019 | $386 | $31,350 -7.8% |
| 2018 | $386 -9.2% | $34,000 +9.1% |
| 2017 | $426 +8.4% | $31,162 -1.5% |
| 2016 | $393 -6% | $31,644 |
| 2015 | $418 | $31,644 -3.9% |
| 2014 | $418 | $32,912 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Upper Grand Lagoon
Nearby schools
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.






