La Chateau | 5BR/4.5BA French-Inspired STR Investment | Panama City Beach
Bonjour, cash flow. Welcome to La Chateau -- a one-of-a-kind French-themed vacation rental in the heart of Panama City Beach that combines Old World charm with serious short-term rental income potential.
Nestled in a beautiful townhouse community just a short walk to the sugar-white sands of the Gulf, La Chateau stands out in a crowded vacation rental market with its stylish French-inspired décor, thoughtful layout, and guest-ready amenities that keep bookings coming and reviews glowing.
The Property
Spanning five bedrooms and four bathrooms across a well-appointed townhouse layout, this property was built and designed with the vacation rental guest in mind. An elevator adds a premium touch guests rave about -- especially families hauling beach gear -- while the private one-car garage provides the kind of convenience that drives five-star reviews.
The community pool gives guests a resort-style amenity without the resort price tag, adding another compelling booking feature that sets La Chateau apart from standard PCB rentals in the area.
The Investment
La Chateau already carries a proven rental history and is positioned to exceed $100K in annual gross revenue with the right management and marketing strategy. Panama City Beach continues to rank as one of Florida's top short-term rental markets, and properties with unique themes, premium amenities, and walkable beach access consistently outperform the competition.
With STR-friendly zoning, a distinctive brand identity already built into the property name and décor, and walkability to one of the most visited beaches in the Southeast, La Chateau isn't just a vacation home -- it's a turnkey business with a French accent.
Whether you're an experienced STR investor looking to add a standout performer to your portfolio or a first-time buyer ready to enter the vacation rental market with a property that already has brand recognition and rental history, La Chateau is ready to deliver.
C'est magnifique -- and so is the ROI.
For sale
Price cut: $1K (8/27)
$748,000
508 Dement Cir APT C, Panama City Beach, FL 32407
5beds
2,394sqft
Townhouse
Built in 2007
-- sqft lot
$713,700 Zestimate®
$312/sqft
$360/mo HOA
What's special
Thoughtful layoutFive bedroomsFour bathroomsCommunity poolGuest-ready amenitiesPrivate one-car garageWell-appointed townhouse layout
- 136 days
- 97
- 9
Zillow last checked:
Listing updated:
Listed by:
Joseph Rohne 636-236-2191,
EXP Realty LLC
Source: CPAR,MLS#: 788366
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Great Room, Half Bath, In-Law Suite, Kitchen, Primary Bathroom, Primary Bedroom
Primary bedroom
- Level: Third
- Dimensions: 15 x 12
Bedroom
- Level: Third
- Dimensions: 12 x 9
Bedroom
- Level: Third
- Dimensions: 12 x 9
Bedroom
- Level: Second
- Dimensions: 15 x 11
Primary bathroom
- Level: Third
- Dimensions: 11 x 11
Dining room
- Level: Second
- Dimensions: 9 x 9
Other
- Level: First
- Dimensions: 8 x 6
Other
- Level: Second
- Dimensions: 8 x 6
Other
- Level: Third
- Dimensions: 9 x 5
Great room
- Level: Second
- Dimensions: 19 x 17
Half bath
- Level: Second
- Dimensions: 6 x 3
Other
- Level: First
- Dimensions: 17 x 12
Kitchen
- Level: Second
- Dimensions: 11 x 11
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Features
- Interior Steps, Jetted Tub, Separate Shower
Interior area
- Total structure area: 2,394
- Total interior livable area: 2,394 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Patio & porch: Balcony
- Pool features: In Ground, Community
- Has spa: Yes
Lot
- Features: Sprinkler System
Details
- Parcel number: 34957090000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- HardiPlank Type, Stucco
- Roof: Metal
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available
Community & HOA
Community
- Features: Pool, Community Pool, Short Term Rental Allowed
- Subdivision: Long Beach 3rd
HOA
- Has HOA: Yes
- Services included: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s)
- HOA fee: $360 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $312/sqft
- Tax assessed value: $523,815
- Annual tax amount: $6,982
- Date on market: 4/14/2026
- Cumulative days on market: 137 days
- Electric utility on property: Yes
Estimated market value
$713,700
$678,000 - $749,000
$2,965/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $748,000-0.1%$312/sqft |
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| 6/10/2026 | Price change | $749,000-2.6%$313/sqft |
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| 4/14/2026 | Listed for sale | $769,000+2.7%$321/sqft |
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| 11/4/2025 | Listing removed | $749,000$313/sqft |
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| 9/30/2025 | Listed for sale | $749,000-2.6%$313/sqft |
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| 9/11/2025 | Listing removed | $769,000$321/sqft |
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| 9/11/2025 | Listed for sale | $769,000$321/sqft |
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| 8/19/2025 | Pending sale | $769,000$321/sqft |
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| 8/19/2025 | Listed for sale | $769,000$321/sqft |
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| 8/4/2025 | Listing removed | $769,000$321/sqft |
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| 6/24/2025 | Listed for sale | $769,000-0.8%$321/sqft |
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| 2/6/2025 | Listing removed | $774,900$324/sqft |
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| 12/30/2024 | Price change | $774,900-1.8%$324/sqft |
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| 11/10/2024 | Listed for sale | $789,000-3.7%$330/sqft |
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| 10/14/2024 | Listing removed | $819,000-1.8%$342/sqft |
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| 9/16/2024 | Price change | $834,000-4%$348/sqft |
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| 7/17/2024 | Price change | $869,000-1.1%$363/sqft |
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| 7/9/2024 | Listed for sale | $879,000-5%$367/sqft |
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| 8/22/2023 | Listing removed | $925,000$386/sqft |
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| 6/28/2023 | Listed for sale | $925,000+77.9%$386/sqft |
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| 9/27/2021 | Sold | $520,000$217/sqft |
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Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,566 +4.5% | $514,397 +10% |
| 2023 | $6,282 +29.7% | $467,634 +10% |
| 2022 | $4,842 | $425,122 |
| 2021 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32407
Nearby schools
Schools provided by the listing agent
- Elementary: Hutchison Beach
- 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.






