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Sold for $325,000
  • $325,000

    5 Dolphin Ln, Panama City Beach, FL 32408

    2beds
    1,056sqft
    Single Family Residence
    Built in 1994
    1,800 Square Feet Lot
    $324,900 Zestimate®
    $308/sqft
    $1,928 Estimated rent

    Home value

    $324,900

    $309,000 - $341,000

    $1,928/mo

    Zestimate® history
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    What's special

    Ample prep spaceNeutral coastal tonesExtra-large closet spaceVaulted ceilingsDurable tile flooring throughoutKitchen features granite countertopsPlayground and picnic areas
    Welcome to this charming 2 bedroom, 2 bath beach home located in the highly desirable gated community of Venture Out Resort in Panama City Beach. Perfectly positioned right across from the beach access, you're just steps away from the sugar-white sands and emerald waters of the Gulf of Mexico. This well-maintained home offers vaulted ceilings, neutral coastal tones, and durable tile flooring throughout -- ideal for easy beach living. The spacious living and dining areas flow seamlessly, creating an inviting space for relaxing or entertaining after a day at the beach. The kitchen features granite countertops, abundant cabinetry, stainless steel appliances, and ample prep space, making it functional for both full-time living and vacation rentals. A standout feature of this home is the extra-large closet space, which offers incredible flexibility and could easily be utilized as a bunk room, additional sleeping area, or bonus storage -- adding valuable rental potential. Located inside Venture Out, a gated, golf-cart-friendly resort community offering: Private beach access directly across the street Two swimming pools (one seasonally heated) Tennis, pickleball & basketball courts Shuffleboard Playground & picnic areas Private marina, boat ramp & fishing pier 24/7 security Whether you're looking for a primary residence, second home, or income-producing vacation rental, this prime beachside location makes it a standout opportunity. Conveniently located just minutes from the World's Most Beautiful Beaches, as well as shopping, dining, and entertainment, this fully updated and furnished home is a rare opportunity in one of Panama City Beach's most sought-after communities. Don't miss your chance to own in Venture Out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelli Sims 850-294-8379,

    Sims Resort Realty, Inc

    Bought with:

    Kathy S Bass, 3228304

    Avenue Realty

    Source: CPAR,MLS#: 786020MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 11
    Living room
    • Level: First
    • Dimensions: 12 x 12
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Main Level Primary
    Interior area
    • Total structure area: 1,056
    • Total interior livable area: 1,056 sqft

    Property

    Features
    • Patio & porch: Open, Porch
    • Pool features: Community
    Lot
    • Size: 1,800 Square Feet
    • Dimensions: 30 x 60
    Details
    • Parcel number: 31442011000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shake
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Barbecue, Basketball Court, Beach, Boat Facilities, Clubhouse, Dock, Fishing, Golf, Gated, Playground, Park, Pool, Short Term Rental Allowed
    • Security: Security Service
    • Subdivision: Venture Out Travel Trail
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Dock, Gated, Gazebo, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $347,173
    • Annual tax amount: $4,290
    • Date on market: 3/18/2026
    • Cumulative days on market: 78 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/18/2026Sold$325,000-18.5%$308/sqft
    Source: CPAR #786020 Report a problem
    5/17/2026Pending sale$399,000$378/sqft
    Source: CPAR #786020 Report a problem
    4/28/2026Price change$399,000-9.1%$378/sqft
    Source: CPAR #786020 Report a problem
    3/18/2026Listed for sale$439,000$416/sqft
    Source: CPAR #786020 Report a problem
    3/12/2026Pending sale$439,000$416/sqft
    Source: CPAR #786020 Report a problem
    2/28/2026Listed for sale$439,000+29.5%$416/sqft
    Source: CPAR #786020 Report a problem
    6/30/2020Listing removed$339,000$321/sqft
    Source: Sims Resort Realty, Inc #697330 Report a problem
    5/10/2020Listed for sale$339,000+30.4%$321/sqft
    Source: Sims Resort Realty, Inc #697330 Report a problem
    11/22/2017Sold$260,000-7.1%$246/sqft
    Source: CPAR #638667 Report a problem
    10/29/2017Pending sale$279,900$265/sqft
    Source: Sims Resort Realty, Inc #638667 Report a problem
    6/25/2015Listed for sale$279,900-3.5%$265/sqft
    Source: CitiStar Realty #615454 Report a problem
    3/29/2007Sold$290,000+112.8%$275/sqft
    Source: Public Record Report a problem
    4/2/2002Sold$136,300$129/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,306 +2.8%$347,173 +7.3%
    2023$4,191 +18.9%$323,458 +10%
    2022$3,525 $294,053
    2021-- --
    2020$1,995 +2.8%$198,479 +3.2%
    2019$1,941 $192,247 +0.2%
    2018$1,941 -1.4%$191,842 +34.5%
    2017$1,968 +7.1%$142,643 -0.7%
    2016$1,838 -1.5%$143,593 +3.8%
    2015$1,866 $138,326 +5.4%
    2014$1,866 $131,296 -7.3%
    2013-- $141,609 -4.3%
    2012-- $147,994 +5.3%
    2011-- $140,491 -0.7%
    2010-- $141,432 -21.4%
    2009-- $179,953 -18.6%
    2008-- $221,195 +7.5%
    2007-- $205,706 -3.2%
    2006-- $212,595 +83.1%
    2005-- $116,079 +1.2%
    2004-- $114,722 -0.7%
    2003-- $115,578 +57.7%
    2002-- $73,301
    2001-- $73,301 +7.6%
    2000-- $68,108
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    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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