Welcome to 2603 Cypress Street! Discover coastal living in this fully remodeled 2-bedroom, 2-bathroom home ideally located on the desirable east end of Panama City Beach. Every detail has been updated for comfort and style, including new flooring, new windows and exterior doors, fresh interior trim/doors and paint, exterior repaint, and granite countertops. Both bathrooms have been upgraded for a fresh, modern feel. And more updates to make this home the perfect move in ready home!
Enjoy exceptional outdoor living in the spacious, privacy-fenced backyard, complete with a covered patio perfect for relaxing or entertaining, and a cozy fire pit for year-round enjoyment.
Situated just minutes from the beaches, St. Andrews State Park, boating access/marinas, shopping, and some top local dining. This home sits in one of the most convenient and sought-after areas of Panama City Beach.
Whether you're searching for a full-time residence, vacation getaway, or a property with strong short-term or long-term rental potential, this move-in-ready home checks all the boxes.
Sold for $292,500
$292,500
2603 Cypress St, Panama City Beach, FL 32408
2beds
954sqft
Single Family Residence
Built in 1978
8,712 Square Feet Lot
$290,300 Zestimate®
$307/sqft
$1,521 Estimated rent
Home value
$290,300
$264,000 - $319,000
$1,521/mo
Zestimate® history
Owner options
List your home for rent
$1,521/mo
Rent Zestimate®
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$1,521/mo
Rent Zestimate®
Refinance and save
$1,910/mo
Est. payment
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$1,910/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Andrew T McKelvie 850-630-1905,
Keller Williams Success Realty
Bought with:
Andrew T McKelvie, SL3439450
Keller Williams Success Realty
Source: CPAR,MLS#: 781759
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Living Room, Primary Bedroom
Primary bedroom
- Description: Buyer to verify
- Level: First
- Dimensions: 10.8 x 13.3
Bedroom
- Description: Buyer to verify
- Level: First
- Dimensions: 10.8 x 13.3
Living room
- Description: Buyer to verify
- Level: First
- Dimensions: 16 x 13.2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
Interior area
- Total structure area: 954
- Total interior livable area: 954 sqft
Property
Parking
- Total spaces: 1
- Covered spaces: 1
Features
- Patio & porch: Covered, Porch
- Exterior features: Fire Pit
- Fencing: Fenced,Privacy
Lot
- Size: 8,712 Square Feet
- Dimensions: 80 x 110
- Features: Paved
Details
- Parcel number: 31018020000
- Zoning description: 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
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Treasure Cove 1.
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $307/sqft
- Tax assessed value: $130,874
- Annual tax amount: $1,386
- Date on market: 11/19/2025
- Cumulative days on market: 54 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Sold | $292,500-2.5%$307/sqft |
Source:  CPAR #781759 Report a problem | ||
| 1/13/2026 | Pending sale | $299,900$314/sqft |
Source: CPAR #781759 Report a problem | ||
| 11/19/2025 | Listed for sale | $299,900+46.3%$314/sqft |
Source: CPAR #781759 Report a problem | ||
| 7/7/2025 | Sold | $205,000+156.3%$215/sqft |
Source: Public Record Report a problem | ||
| 7/18/2019 | Sold | $80,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,516 +10.6% | $111,969 +10% |
| 2023 | $1,371 +14.9% | $101,790 +10% |
| 2022 | $1,194 | $92,536 |
| 2021 | -- | -- |
| 2020 | $970 -8.2% | $76,476 -6.6% |
| 2019 | $1,057 | $81,892 +10% |
| 2018 | $1,057 +3.6% | $74,447 +10.6% |
| 2017 | $1,020 +14.9% | $67,315 +0% |
| 2016 | $888 -6.9% | $67,286 -2.8% |
| 2015 | $954 | $69,253 -1.7% |
| 2014 | $954 | $70,472 -12.9% |
| 2013 | -- | $80,927 |
| 2012 | -- | $80,927 -3.6% |
| 2011 | -- | $83,928 -16.8% |
| 2010 | -- | $100,868 -8.2% |
| 2009 | -- | $109,904 -0.5% |
| 2008 | -- | $110,503 -17.1% |
| 2007 | -- | $133,312 -5% |
| 2006 | -- | $140,262 +126.1% |
| 2005 | -- | $62,045 +18.4% |
| 2004 | -- | $52,392 +8.8% |
| 2003 | -- | $48,154 +14.5% |
| 2002 | -- | $42,050 |
| 2001 | -- | $42,050 +9.3% |
| 2000 | -- | $38,466 |
Find assessor info on the county website
Neighborhood: Upper Grand Lagoon
Nearby homes
- $--8,800 Square Feet2607 Cypress Street, Panama City, FL 32408Off Market
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Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 6.8 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 4.8 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.
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- Florida
- Bay County
- Panama City Beach
- 32408
- Upper Grand Lagoon
- 2603 Cypress St
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