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For sale
  • Price cut: $10K (7/30)
    $335,000

    627 Laurel St, Panama City Beach, FL 32407

    2beds
    972sqft
    : 
    $2,321/mo
    Get pre-qualified
    Townhouse
    Built in 1985
    1,071 Square Feet Lot
    $320,500 Zestimate®
    $345/sqft
    $150/mo HOA

    What's special

    Updated light fixturesAbundant natural lightUpper deckTiled bathsCustom closet featuresSolar camerasSteps from the beach
    Investor's Dream - Fully Renovated, Steps from the Beach! Welcome to 627 Laurel Street, where thoughtful renovations meets unbeatable charm tucked away in the short-term friendly area of Panama City Beach. This beautifully updated 2-bedroom, 2-bath townhome offers more than just a place to stay; it's a ready-made investment, a low-maintenance second home, or the ultimate beach retreat just steps from the Gulf. With beach access across the street, you'll be dipping your toes in the sugar-white sand and emerald waters within minutes of leaving your front door. Inside, nearly every inch of this home has been upgraded. The kitchen boasts granite countertops, a marble backsplash, modern cabinetry with pullouts, and newer appliances including a refrigerator (2024), microwave (2025), and stove (2023). The open living and dining areas feature LVP floors, crown molding, and abundant natural light, while thoughtful touches like barn doors, tiled baths, and updated light fixtures elevate the style. Both bathrooms have been beautifully refreshed with new sinks, tile work, and even a full shower addition downstairs for convenience. The improvements extend far beyond aesthetics. Big-ticket items are already taken care of; new HVAC (2020), roof (2022), tankless water heater (2019), and impact-rated windows (2022) ensure years of low-maintenance ownership. Safety and compliance are also built-in with storm shutters, solar cameras, CO/smoke detectors, emergency lighting, and fire extinguishers, giving peace of mind for absentee owners and guests alike. Even utilities and costs are easy on the budget, with average monthly expenses around $150 for power, gas, and water combined, plus a low HOA of $150 per month. Step outside and enjoy the upper deck with or relax on the private patio with a new back door for easy access. Storage has been maximized with custom closet features, under-stair compartments, and extra cabinetry throughout. Whether you're hosting family, welcoming rental guests, or simply enjoying a quiet beachside retreat, this property adapts to your needs with comfort and ease. The location is the icing on the cake... In the heart of Panama City Beach, you're close to Pier Park, shopping, dining, and entertainment, world-class fishing and boating, and all the excitement that draws millions of visitors here each year. For investors, that means strong rental demand. For second-home buyers, it means your vacation escape is also in one of the most desirable destinations on the Gulf Coast. With all major upgrades complete and the beach at your doorstep, 627 Laurel Street is the definition of turnkey. Whether you're seeking a savvy investment, a stress-free second home, or simply a personal slice of paradise, this townhome delivers it all. Come check out this opportunity for yourself and take advantage of investing in the booming tourism of PCB!
    136 days
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    138
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    The Shields Group 850-276-1030,

    Think Real Estate

    Source: CPAR,MLS#: 786866MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Breakfast Room/Nook, Bedroom, Kitchen, Living Room, Primary Bedroom
      Primary bedroom
      • Description: Measurements are approximate
      • Level: Second
      • Dimensions: 14 x 12
      Bedroom
      • Description: Measurements are approximate
      • Level: Second
      • Dimensions: 13 x 12
      Breakfast room nook
      • Description: Measurements are approximate
      • Level: First
      • Dimensions: 9 x 8
      Kitchen
      • Description: Measurements are approximate
      • Level: First
      • Dimensions: 10 x 8
      Living room
      • Description: Measurements are approximate
      • Level: First
      • Dimensions: 15 x 12
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Tub Shower, Upper Level Primary
      Interior area
      • Total structure area: 972
      • Total interior livable area: 972 sqft

      Property

      Features
      • Patio & porch: Balcony, Covered, Patio
      • Pool features: In Ground, Community
      Lot
      • Size: 1,071 Square Feet
      • Dimensions: 51 x 21
      • Features: Paved
      Details
      • Parcel number: 34161040000
      • Zoning description: Resid Single Family
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      • Attached to another structure: Yes
      Materials
      • Stucco
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1985

      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: Holiday Point
      HOA
      • Has HOA: Yes
      • Services included: Association Management, Cable TV, Maintenance Grounds, Pool(s), Trash
      • HOA fee: $150 monthly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $345/sqft
      • Tax assessed value: $260,546
      • Annual tax amount: $2,537
      • Date on market: 3/16/2026
      • Cumulative days on market: 137 days
      • Electric utility on property: Yes

        Estimated market value

        $320,500

        $304,000 - $337,000

        $1,565/mo

        Price history

        DateEventPrice
        7/30/2026Price change$335,000-2.9%$345/sqft
        Source: CPAR #786866 Report a problem
        7/10/2026Price change$345,000-2.8%$355/sqft
        Source: CPAR #786866 Report a problem
        6/8/2026Price change$355,000-2.7%$365/sqft
        Source: CPAR #786866 Report a problem
        3/16/2026Listed for sale$365,000$376/sqft
        Source: CPAR #786866 Report a problem
        2/5/2026Listing removed$365,000$376/sqft
        Source: CPAR #779872 Report a problem
        10/2/2025Listed for sale$365,000+143.3%$376/sqft
        Source: CPAR #779872 Report a problem
        6/15/2018Sold$150,000$154/sqft
        Source: ECAOR #801836 Report a problem
        5/22/2018Pending sale$150,000$154/sqft
        Source: Counts Real Estate Group Inc #666586 Report a problem
        3/26/2018Price change$150,000+3.4%$154/sqft
        Source: Counts Real Estate Group Inc #666586 Report a problem
        12/4/2017Price change$145,000-9.4%$149/sqft
        Source: Counts Real Estate Group Inc #663030 Report a problem
        9/12/2017Listed for sale$160,000+175.9%$165/sqft
        Source: Counts Real Estate Group Inc #663030 Report a problem
        1/26/2001Sold$58,000-5.7%$60/sqft
        Source: Public Record Report a problem
        7/18/2000Sold$61,500$63/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,650 +2.9%$133,222 +10%
        2023$2,574 +53.2%$121,111 -9.7%
        2022$1,681 $134,194
        2021-- --
        2020$1,621 +8.2%$121,577 +1.6%
        2019$1,498 $119,721 +40.6%
        2018$1,498 +31%$85,166 +10%
        2017$1,144 +23.5%$77,424 +0.3%
        2016$926 -1.4%$77,210 -0.9%
        2015$939 $77,921 +4.8%
        2014$939 $74,358 -1%
        2013-- $75,117 -14.2%
        2012-- $87,522 -1.4%
        2011-- $88,808 -5.4%
        2010-- $93,852 -11%
        2009-- $105,496 -24.6%
        2008-- $140,006 -6.9%
        2007-- $150,448 -13.9%
        2006-- $174,826 +97.8%
        2005-- $88,396 +49%
        2004-- $59,342
        2003-- $59,342 +9.1%
        2002-- $54,390
        2001-- $54,390 -0.4%
        2000-- $54,630
        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.
        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: 32407

        Getting around

        40 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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