This brand-new two-story home combines modern coastal style with flexibility and income potential, located just south of Grand Lagoon and only blocks from multiple public beach accesses, restaurants, shopping, and nightlife.
Designed for investors, second-home buyers, or full-time residents, this property features no HOA and no short-term rental restrictions, allowing you to maximize use and returns.
The main level offers a bright, open-concept layout connecting the kitchen, dining, and living areas, ideal for entertaining or relaxing after a day at the beach. Upstairs, a versatile flex space provides options for a bunk room, secondary living area, or home office — a valuable bonus for short-term rental layouts.
Interior details include custom wood cabinetry, granite countertops, stainless steel appliances, durable LVP flooring, and tiled walk-in showers with premium fixtures. Built with efficiency in mind, the home includes impact-rated windows, spray foam insulation, and a smart thermostat system for year-round comfort and lower utility costs.
The exterior offers covered front and rear porches, a two-car garage, and a fully fenced yard with room to add a private pool or outdoor entertainment area.
With its turnkey new construction, prime location, and strong rental flexibility, this home delivers the perfect blend of modern comfort and income-producing potential in one of Panama City Beach's most desirable coastal neighborhoods.
Sold for $640,000
$640,000
4003 Tarpon St, Panama City Beach, FL 32408
4beds
1,949sqft
Single Family Residence
Built in 2024
7,405 Square Feet Lot
$634,200 Zestimate®
$328/sqft
$3,008 Estimated rent
Home value
$634,200
$577,000 - $698,000
$3,008/mo
Zestimate® history
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$4,148/mo
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List your homeWhat's special
Fully fenced yardTwo-car garageGranite countertopsVersatile flex spaceBright open-concept layoutDurable lvp flooringImpact-rated windows
Zillow last checked:
Listing updated:
Listed by:
Johnny Milan LLC 850-419-4311,
Scenic Real Estate
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 773424
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Full Bath, Garage, Half Bath, Kitchen, Laundry, Loft, Living Room, Primary Bathroom, Primary Bedroom, Porch
Primary bedroom
- Level: First
- Dimensions: 14.1 x 13.4
Bedroom
- Level: First
- Dimensions: 11.11 x 11.5
Bedroom
- Level: First
- Dimensions: 10.11 x 13.6
Primary bathroom
- Level: First
- Dimensions: 10.1 x 15.1
Other
- Level: First
- Dimensions: 4.1 x 7.9
Garage
- Level: First
- Dimensions: 21.8 x 24
Half bath
- Level: First
- Dimensions: 6.4 x 6.9
Kitchen
- Level: First
- Dimensions: 16 x 13.2
Laundry
- Level: First
- Dimensions: 5.9 x 5.11
Living room
- Description: Living/Dining Combo
- Level: First
- Dimensions: 21.4 x 20
Loft
- Level: Second
- Dimensions: 11.8 x 21.4
Porch
- Level: First
- Dimensions: 8.1 x 16.5
Porch
- Level: First
- Dimensions: 7.5 x 21.9
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Features
- Coffered Ceiling(s), Loft
Interior area
- Total structure area: 1,949
- Total interior livable area: 1,949 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Fencing: Fenced,Partial,Privacy
Lot
- Size: 7,405 Square Feet
- Dimensions: 50 x 150
- Features: Sprinkler System, Paved
Details
- Parcel number: 30297000000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- HardiPlank Type, Wood Frame
- Foundation: Slab
- Roof: Composition,Shingle
Condition
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Security: Smoke Detector(s)
- Subdivision: Bel Air
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $328/sqft
- Tax assessed value: $147,000
- Annual tax amount: $1,806
- Date on market: 5/14/2025
- Cumulative days on market: 596 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2025 | Sold | $640,000-8.4%$328/sqft |
Source:  CPAR #773424 Report a problem | ||
| 11/20/2025 | Pending sale | $699,000$359/sqft |
Source:  ECAOR #974936 Report a problem | ||
| 7/21/2025 | Price change | $699,000-4.2%$359/sqft |
Source: ECAOR #974936 Report a problem | ||
| 5/20/2025 | Price change | $730,000-2%$375/sqft |
Source: ECAOR #974936 Report a problem | ||
| 4/26/2025 | Listed for sale | $745,000-3.9%$382/sqft |
Source: ECAOR #974936 Report a problem | ||
| 4/21/2025 | Listing removed | $775,000$398/sqft |
Source: CPAR #754019 Report a problem | ||
| 3/14/2025 | Price change | $775,000-1.9%$398/sqft |
Source: CPAR #754019 Report a problem | ||
| 3/11/2024 | Listed for sale | $790,000+360.6%$405/sqft |
Source: CPAR #754019 Report a problem | ||
| 3/6/2023 | Sold | $171,500$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,806 +35% | $147,000 +80.8% |
| 2023 | $1,339 +47% | $81,324 +10% |
| 2022 | $911 | $73,931 |
| 2021 | -- | -- |
| 2020 | $787 +15% | $61,100 +10% |
| 2019 | $684 | $55,545 +81.5% |
| 2018 | $684 +46% | $30,608 +10% |
| 2017 | $469 +33.6% | $27,825 +2.9% |
| 2016 | $351 +0.8% | $27,037 +2.6% |
| 2015 | $348 | $26,355 +0.4% |
| 2014 | $348 | $26,250 |
Find assessor info on the county website
Neighborhood: Lower Grand Lagoon
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Nearby schools
GreatSchools rating
- 7/10Breakfast Point AcademyGrades: PK-8Distance: 2.4 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Breakfast Point
- Middle: Breakfast Point
- 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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