''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' This is a cash flowing machine! Perfectly positioned in Panama City Beach's desirable South Lagoon area, this 3BR/2BA home blends coastal comfort with strong investment potential. Just minutes from Beach Access 7, the home features an open-concept layout, stainless steel appliances, wood-look tile flooring in the main living areas, and a spacious primary suite with Trey ceilings. Step outside to a large covered patio overlooking a brand new heated pool installed in 2025, perfect for relaxing or entertaining. Major updates include a new roof in 2022. Currently operating as a successful short-term rental with over $65,000 in gross revenue already in 2025 and on track to exceed that. Whether you're looking for a primary residence, second home, or income-producing beach property, this one checks the boxes.
Sold for $580,500
$580,500
3518 Treasure Cir, Panama City Beach, FL 32408
3beds
1,588sqft
Single Family Residence
Built in 2013
6,534 Square Feet Lot
$580,400 Zestimate®
$366/sqft
$2,110 Estimated rent
Home value
$580,400
$551,000 - $609,000
$2,110/mo
Zestimate® history
Owner options
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$3,765/mo
Est. payment
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$3,765/mo
Est. payment
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List your homeWhat's special
Heated poolOpen-concept layoutLarge covered patioStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Kurt Fadden 321-890-5364,
Legacy Premier Agency
Bought with:
Bri Gambrell, SL3512353
Foundation Real Estate Agency LLC
Source: CPAR,MLS#: 790042
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 13.2 x 17.9
Bedroom
- Level: First
- Dimensions: 11 x 12
Bedroom
- Level: First
- Dimensions: 11 x 12
Dining room
- Level: First
- Dimensions: 8 x 10.7
Living room
- Level: First
- Dimensions: 15.6 x 18.2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Water Heater
Features
- Coffered Ceiling(s), Double Vanity, Main Level Primary, Walk-In Closet(s)
Interior area
- Total structure area: 1,588
- Total interior livable area: 1,588 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Patio & porch: Covered, Patio
- Has private pool: Yes
- Pool features: In Ground, Salt Water, Private
- Fencing: Full,Fenced,Privacy
Lot
- Size: 6,534 Square Feet
- Dimensions: 68 x 144
- Features: Paved
Details
- Parcel number: 31471010000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: Treasure Island
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $366/sqft
- Tax assessed value: $359,559
- Annual tax amount: $5,028
- Date on market: 5/18/2026
- Cumulative days on market: 32 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Sold | $580,500-3.3%$366/sqft |
Source:  CPAR #790042 Report a problem | ||
| 6/22/2026 | Pending sale | $600,000+1.9%$378/sqft |
Source:  ECAOR #1003365 Report a problem | ||
| 6/10/2026 | Price change | $589,000-1.8%$371/sqft |
Source: CPAR #790042 Report a problem | ||
| 5/18/2026 | Listed for sale | $600,000+25%$378/sqft |
Source: ECAOR #1003365 Report a problem | ||
| 10/31/2024 | Sold | $480,000-4%$302/sqft |
Source: CPAR #757165 Report a problem | ||
| 9/13/2024 | Contingent | $500,000$315/sqft |
Source: CPAR #757165 Report a problem | ||
| 9/11/2024 | Listed for sale | $500,000$315/sqft |
Source: CPAR #757165 Report a problem | ||
| 8/21/2024 | Listing removed | -- |
Source: CPAR #757165 Report a problem | ||
| 7/16/2024 | Price change | $500,000-7.4%$315/sqft |
Source: CPAR #757165 Report a problem | ||
| 7/3/2024 | Price change | $540,000-1.8%$340/sqft |
Source: CPAR #757165 Report a problem | ||
| 6/1/2024 | Price change | $550,000-4.3%$346/sqft |
Source: CPAR #757165 Report a problem | ||
| 5/15/2024 | Listed for sale | $575,000+142.6%$362/sqft |
Source: CPAR #757165 Report a problem | ||
| 5/3/2016 | Sold | $237,000-0.8%$149/sqft |
Source: Public Record Report a problem | ||
| 11/2/2015 | Listed for sale | $239,000+33.5%$151/sqft |
Source: Counts Real Estate Group Inc #637612 Report a problem | ||
| 2/25/2013 | Sold | $179,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,473 +1.8% | $242,183 +3% |
| 2023 | $2,429 +11.3% | $235,129 +3% |
| 2022 | $2,182 | $228,281 |
| 2021 | -- | -- |
| 2020 | $2,179 +1.7% | $218,572 +2.3% |
| 2019 | $2,143 | $213,658 +1.9% |
| 2018 | $2,143 +0.7% | $209,674 +2.1% |
| 2017 | $2,129 +1.7% | $205,361 +15.7% |
| 2016 | $2,093 +11.4% | $177,485 +0.7% |
| 2015 | $1,879 | $176,251 +0.8% |
| 2014 | $1,879 | $174,852 |
Find assessor info on the county website
Neighborhood: Lower Grand Lagoon
Nearby homes
- $251,2502 bd1 ba750 sqft5408 Lagoon Way APT 5, Panama City Beach, FL 32408Sold
- $468,1003 bd2 ba1.5k sqft3520 Treasure Cir, Panama City Beach, FL 32408Off Market
- $765,0004 bd3 ba1.8k sqft3516 Treasure Cir, Panama City Beach, FL 32408Sold
- $271,4002 bd1 ba750 sqft5408 Lagoon Way, Panama city beach, FL 32408Off Market
- $226,0002 bd1 ba750 sqftLagoon Way, Panama City Beach, FL 32408Off Market
- $226,0002 bd1 ba750 sqftLagoon Way, Panama City Beach, FL 32408Off Market
- $306,1002 bd2 ba1k sqft3607 Biltmore Dr #A, Panama City Beach, FL 32408Off Market
- $657,1821.205 Acres3581 Biltmore Dr, Panama City Beach, FL 32408Off Market
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1.7 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 7.3 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 5.4 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
- Lower Grand Lagoon
- 3518 Treasure Cir
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