CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Opportunity near the beach! This duplex on Panama City Beach is ideally located just 0.1 mile off Thomas Drive, placing you close to restaurants, shopping, and many of the attractions that make the beach area so desirable. Rick Seltzer Park, with its public beach access, picnic areas, and Gulf views, is less than half a mile away, making this a convenient location for enjoying the water and coastal lifestyle.
The property features two equal-sized units, each offering approximately 800 square feet of living space. Both units include a family/dining area, kitchen, two bedrooms, one full bath, and a dedicated laundry room, providing comfortable living arrangements for tenants or future occupants.
The seller has experienced consistent rental success with the property over the years. In preparation for the sale, the units are being vacated, giving the next owner flexibility to establish new rental terms, pursue long-term tenants, or consider other possibilities. Short-term rentals are permitted, subject to registration with the local fire department.
Whether you're looking for an investment property, a duplex to live in one side and rent the other, or a beach-area income opportunity, this property offers a location that keeps you close to everything Panama City Beach has to offer.
Pending
$439,000
4017 Silver Sands Rd, Panama City, FL 32408
4beds
1,596sqft
Duplex, Multi Family
Built in 2002
-- sqft lot
$409,600 Zestimate®
$275/sqft
$-- HOA
What's special
Dedicated laundry room
- 107 days |
- 468 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Steve E Butler 850-832-6434,
ERA Neubauer Real Estate, Inc
Source: CPAR,MLS#: 786720
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Family Room, Full Bath, Kitchen, Laundry
Bedroom
- Description: Same for both units
- Dimensions: 118 x 98
Bedroom
- Description: Same for both units
- Dimensions: 118 x 98
Family room
- Description: Same for both units
- Dimensions: 1,410 x 156
Other
- Description: Same for both units
- Dimensions: 86 x 5
Kitchen
- Description: Includes nook - same for both units
- Dimensions: 9 x 156
Laundry
- Description: Same for both units
- Dimensions: 8 x 5
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Interior area
- Total structure area: 1,596
- Total interior livable area: 1,596 sqft
Video & virtual tour
Property
Lot
- Size: 4,791 Square Feet
- Dimensions: 50 x 100
- Features: Paved
Details
- Parcel number: 30196260000
- Zoning description: Resid Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Foundation: Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 2002
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Silver Sands Unit 2
HOA
- Has HOA: No
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $275/sqft
- Annual tax amount: $4,110
- Date on market: 3/12/2026
- Cumulative days on market: 107 days
- Electric utility on property: Yes
Estimated market value
$409,600
$389,000 - $430,000
$1,898/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Pending sale | $439,000$275/sqft |
Source: | ||
| 3/12/2026 | Listed for sale | $439,000$275/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Lower Grand Lagoon
Getting around
20 / 100
Minimal TransitNearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1.1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 5.3 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.4 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Florida
- Bay County
- Panama City Beach
- 32408
- Lower Grand Lagoon
- 4017 Silver Sands Rd
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