Opportunity meets location with this three bedroom coastal townhouse ideally positioned just steps from the shoreline in the heart of east Panama City Beach. Situated directly across from the public beach access at Rick Seltzer Park, this property offers the kind of convenience and rental appeal that today's buyers and investors are searching for.
Whether you're looking for a vacation getaway, income-producing short-term rental, or full-time residence, this versatile property delivers. The interior features a bright, open layout designed for relaxed coastal living, with updated finishes that create a welcoming, low-maintenance space for owners and guests alike. Step out onto the second-floor balcony and take in views of the Gulf--perfect for morning coffee or unwinding after a day at the beach.
What truly sets this property apart is the flexibility and long-term value. With no HOA, no flood insurance requirement, and no restrictions on short-term rentals, owners have the freedom to maximize income potential while keeping operating costs manageable.
Notable improvements--including a new roof (2019), updated siding, Trex decking, PVC railings, and a new AC system installed in April 2023--provide peace of mind and added durability for years to come.
Located just minutes from the area's top dining, shopping, and entertainment, this property combines lifestyle, convenience, and investment potential in one compelling package.
Whether you're building your portfolio or securing your own place at the beach, this property offers the location, flexibility, and upside that make coastal investments worthwhile.
For sale
Price cut: $10K (8/18)
$415,000
7405 Beach Dr #B, Panama City Beach, FL 32408
3beds
1,294sqft
Townhouse
Built in 1986
2,613 Square Feet Lot
$396,300 Zestimate®
$321/sqft
$-- HOA
What's special
Updated finishesViews of the gulfTrex deckingUpdated sidingWelcoming low-maintenance spaceSecond-floor balconyPvc railings
- 151 days
- 304
- 20
Zillow last checked:
Listing updated:
Listed by:
The Jarrett Group 850-279-5911,
Keller Williams Success Realty
Source: CPAR,MLS#: 787601
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: Second
- Dimensions: 19.5 x 10.5
Bedroom
- Level: Second
- Dimensions: 8.9 x 14.4
Bedroom
- Level: Second
- Dimensions: 10.4 x 9.8
Dining room
- Level: First
- Dimensions: 9 x 9.1
Kitchen
- Level: First
- Dimensions: 9.6 x 9.1
Living room
- Level: First
- Dimensions: 18.1 x 14.2
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Range
Features
- Upper Level Primary
Interior area
- Total structure area: 1,294
- Total interior livable area: 1,294 sqft
Video & virtual tour
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Deck, Covered, Porch
- Exterior features: Covered Patio
- Fencing: Fenced,Privacy
Lot
- Size: 2,613 Square Feet
- Dimensions: 25 x 108
- Features: Paved
Details
- Parcel number: 30808200100
- 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
- HardiPlank Type, Stucco, Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Holiday Beach Unit 14
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $321/sqft
- Tax assessed value: $318,721
- Annual tax amount: $4,176
- Date on market: 3/30/2026
- Cumulative days on market: 236 days
Estimated market value
$396,300
$376,000 - $416,000
$1,996/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $415,000-2.4%$321/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $425,000-3.8%$328/sqft |
Source: | ||
| 3/7/2026 | Listing removed | $441,900$341/sqft |
Source: | ||
| 2/2/2026 | Price change | $441,900-0.7%$341/sqft |
Source: | ||
| 1/18/2026 | Price change | $445,000-2.2%$344/sqft |
Source: | ||
| 12/12/2025 | Listed for sale | $455,000+12.3%$352/sqft |
Source: | ||
| 8/3/2023 | Sold | $405,000$313/sqft |
Source: | ||
| 7/5/2023 | Pending sale | $405,000$313/sqft |
Source: | ||
| 6/15/2023 | Price change | $405,000-1.2%$313/sqft |
Source: | ||
| 6/8/2023 | Price change | $410,000-2.1%$317/sqft |
Source: | ||
| 6/1/2023 | Price change | $419,000-0.2%$324/sqft |
Source: | ||
| 5/18/2023 | Price change | $420,000-0.2%$325/sqft |
Source: | ||
| 4/6/2023 | Listed for sale | $421,000$325/sqft |
Source: | ||
| 3/28/2023 | Pending sale | $421,000$325/sqft |
Source: | ||
| 3/23/2023 | Listed for sale | $421,000$325/sqft |
Source: | ||
| 6/24/2020 | Listing removed | $1,450$1/sqft |
Source: Carroll Realty Prop Mgt Inc #696291 Report a problem | ||
| 6/9/2020 | Price change | $1,450-3.3%$1/sqft |
Source: Carroll Realty Prop Mgt Inc #696291 Report a problem | ||
| 4/9/2020 | Listed for rent | $1,500+50%$1/sqft |
Source: Carroll Realty Prop Mgt Inc #696291 Report a problem | ||
| 5/27/2014 | Listing removed | $1,000$1/sqft |
Source: Carroll Realty Property Management Report a problem | ||
| 5/6/2014 | Listed for rent | $1,000$1/sqft |
Source: Carroll Realty Property Management Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,957 +56.9% | $318,721 +139.6% |
| 2023 | $2,522 +18.4% | $133,038 +10% |
| 2022 | $2,129 | $120,944 |
| 2021 | -- | -- |
| 2020 | $1,259 +9.2% | $100,190 +11% |
| 2019 | $1,152 | $90,282 -0.9% |
| 2018 | $1,152 -2.4% | $91,099 +1.5% |
| 2017 | $1,180 +0.8% | $89,772 -0.3% |
| 2016 | $1,171 +1.3% | $90,085 +6.5% |
| 2015 | $1,156 | $84,556 -1.1% |
| 2014 | $1,156 | $85,469 -2.4% |
| 2013 | -- | $87,569 -12% |
| 2012 | -- | $99,499 -3.5% |
| 2011 | -- | $103,061 -3.3% |
| 2010 | -- | $106,536 -5.1% |
| 2009 | -- | $112,314 -10.6% |
| 2008 | -- | $125,659 -1.9% |
| 2007 | -- | $128,034 +33% |
| 2006 | -- | $96,288 +9.1% |
| 2005 | -- | $88,225 +31.6% |
| 2004 | -- | $67,062 +0.7% |
| 2003 | -- | $66,573 +8.8% |
| 2002 | -- | $61,191 |
| 2001 | -- | $61,191 +9.9% |
| 2000 | -- | $55,674 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lower Grand Lagoon
Nearby schools
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.






