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7852 Grand Lagoon Way, Panama City Beach
$1,650,000
4 Beds ⋅ 3 Baths ⋅ 787360 MLS
LAGOON LIVING with boat slip and dock in the exclusive gated community of Grand Lagoon Pointe, where luxury waterfront living meets direct boating access to the Gulf of Mexico. This premier Lot 6 Dolphin Plan offers 3 bedrooms, 3 full bathrooms, plus an office/flex game that can easily function as a fourth bedroom. Designed for both everyday living and effortless entertaining, the open-concept main living area features a stunning 72-inch gas fireplace and a chef-inspired kitchen complete with a 48-inch professional gas range, oversized island, custom cabinetry, and premium finishes throughout. Just off the game room, you'll find a dedicated entertainment bar, creating the perfect space for hosting family and friends. The primary suite is conveniently located on the main level, offering peaceful views of Grand Lagoon. Multiple covered porches provide the perfect setting to relax with your morning coffee, unwind after a day on the water, or watch dolphins play right from your backyard. Outdoor living is equally impressive with an outdoor bar, ideal for entertaining after a day of boating or fishing. The lower-level basement storage is thoughtfully designed with plenty of room for kayaks, paddle boards, fishing poles, water toys, and comes prepped with an ice maker stub-out. Each waterfront homesite includes a boat slip providing direct access from Grand Lagoon to the Gulf of Mexico. Residents also enjoy a community pool, green space, and a prime location to beach access.*USE 7900 S LAGOON DRIVE IN GPS*

7852 Grand Lagoon Way, Panama City Beach
6716 Gulf Drive, Panama City
$1,650,000
6 Beds ⋅ 4 Baths ⋅ 786026 MLS
Prime Gulf-View Coastal Retreat Perfect vacation rental, second home, or permanent residence, directly across from private Beach Access #13 in an exclusive neighborhood blending year-round residents, luxury retreats, and elite rentals. This 6BR/4BA block home with HardieBoard siding spans 2,700+ sq ft, sleeps 18 comfortably, and delivers turnkey rental income. Open-Concept Luxury Living Stunning professional décor highlights an expansive great room with 18ft beamed ceilings, wood-burning fireplace, and seamless flow from living to dining to well-appointed kitchen. Granite countertops, steel-blue cabinetry, and stainless-steel appliances elevate meal prep, while French doors from the Florida room open to a resort-style outdoor oasis. Outdoor Entertaining Paradise Cedar pergola shades a large dining table, bubbling Hot Tub, and breezy seating - ideal for Gulf-breeze grilling on the gas BBQ amid family gatherings. Fenced yard, dual outdoor showers, and abundant parking complete the private outdoor haven, just steps from the sand. Spacious Bedrooms and Suites On the main level, accommodations include a private 1st-floor primary suite, offering canopy queen bed, sleeper sofa, and full bath. Additionally, a 1st guest bedroom with king bed, 2nd bedroom with queen bunk bed connected via Jack & Jill bath. The 3rd and 4th bedrooms, each with queen beds are also linked by their own Jack & Jill bathroom. This home sleeps up to 18 guest comfortably. The spiral staircase and modern railings lead to a private suite on the 2nd floor which features a jetted garden tub, large walk-in shower, and private balcony to enjoy the sunrise, sunsets and gulf views. Additional Features Fully furnished, rental ready, plenty of parking, 2 outdoor showers, HOT TUB, outdoor seating, fenced yard, tiled floors on entire 1st level, laundry room, block house with Hardieboard siding, connected to the city sewer, roof was replaced in 2019, (two HVAC systems, two water heaters and kitchen appliances were replaced in 2018), steps away from the beach.

6716 Gulf Drive, Panama City
7860 Grand Lagoon Way, Panama City
$1,650,000
4 Beds ⋅ 4 Baths ⋅ 783393 MLS
LAGOON LIVING now UNDER CONSTRUCTION. Home will have boat slip on community dock. The new homesites in the gated Grand Lagoon Pointe will offer waterfront and interior sites. Less than one mile to Rick Seltzer Park. All homes will have access to the community pool and green space. Drink your coffee on the covered patio while watching the dolphins play. This home is available for pre-sale, design selections are able to be changed. Home is to be built. *USE 7900 S LAGOON DRIVE IN GPS*

7860 Grand Lagoon Way, Panama City
5012 Gulf Drive Unit 1-4, Panama City Beach
$1,599,999
10 Beds ⋅ 8 Baths ⋅ 783708 MLS
60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low density setting creates strong and consistent short term rental demand in Panama City Beach. The property consists of four ground floor units totaling approximately 3,500 square feet with 10 bedrooms and 8 bathrooms across the complex and is situated on approximately 0.13 acres. Unit 1 and Unit 3 are each 3 bedroom 2 bath units of approximately 935 square feet, while Unit 2 and Unit 4 are each 2 bedroom 2 bath units of approximately 815 square feet. The property includes a shared community pool. There is no HOA and short term rentals are allowed. The entire complex is being offered fully furnished and turnkey, allowing a new owner to begin generating rental income immediately upon closing while capturing peak revenue as the Panama City Beach spring and summer seasons approach. The units offer functional layouts, durable finishes, and ground floor access that renters consistently prefer. Major building improvements have already been completed including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof w new truss system and hurricane clips, updated windows and doors, HVAC and water heaters replaced . Ownership of the entire complex provides FULL control of the building and common areas, allowing a buyer to establish access, usage, and management standards that align with their investment strategy. The seller has prepared rental projections estimating gross annual income potential in the range of approximately $200,000 to $225,000 when operated as short term rentals, and rental projections are estimates and not guaranteed. Previous numbers are available under a contingency. Quadplexes offering direct beach access, no HOA restrictions, rental flexibility, and scale potential rarely come available as a single acquisition in this location. Assets with this level of location, scale, and rental flexibility do not stay available long. Call your favorite agent today to schedule a showing and learn more about this STR quadplex opportunity in Panama City Beach, FL!

5012 Gulf Drive Unit 1-4, Panama City Beach
4123 Nancee Drive, Panama City Beach
$1,599,000
4 Beds ⋅ 3 Baths ⋅ 795574 MLS
Who doesn't want to stay in a castle by the sea? This professionally designed short-term rental is already generating over $175,000 annually in 2025-- with room to grow -- and delivers exactly the kind of unforgettable coastal experience that keeps guests coming back. Beautifully refreshed with stylish furnishings, vibrant accents, and thoughtfully curated décor, this fully furnished beach home sits just steps from sugar-white sand and emerald Gulf waters. This spacious three-story residence offers 4 bedrooms, 3 bathrooms, approximately 3,643 square feet, plus a bonus loft -- ideal for entertaining and hosting large groups. Newly styled interiors showcase a sophisticated coastal aesthetic with inviting living spaces, pops of color, contemporary finishes, and two full kitchens for added convenience. Take in breathtaking Gulf views from multiple balconies and the rooftop terrace, or unwind in the outdoor entertaining area with a covered lounge, dining space, and room for games and gatherings. Private beach access means reaching the sand without crossing a public road. Tucked at the end of a quiet, no-through-traffic street, the property balances privacy with convenience, minutes from popular restaurants, shopping, and entertainment. Short-term rentals are permitted, making this a rare opportunity for investors seeking a beautifully furnished, income-producing vacation rental -- or buyers wanting a stunning personal coastal escape. With designer-inspired décor, generous accommodations, spectacular Gulf views, and exceptional beach access, Castle by the Sea is ready to make a lasting impression.

4123 Nancee Drive, Panama City Beach
4421 Thomas Drive Unit 202, Panama City
$1,599,000
3 Beds ⋅ 3 Baths ⋅ 786629 MLS
St. Andrews Park Place - Experience exceptional coastal living in this highly sought-after private residence ideally located on the quiet east end of Panama City Beach. Situated adjacent to St. Andrews State Park, one of Florida's premier natural preserves, this condominium enjoys a setting known for pristine beaches, emerald waters, abundant wildlife, and some of the area's best outdoor recreation. Whether you enjoy kayaking, fishing, paddleboarding, or simply relaxing along an uncrowded shoreline, this location offers a lifestyle that is difficult to match. Inside, the condominium features a comfortable layout, remodeled in 2019, ideal for full-time living or a second home. Step outside your door and you are just moments from the sand, the Gulf, and the scenic beauty that defines the east end of Panama City Beach. This west-facing residence also offers beautiful sunset views and one of the most desirable locations on the beach--combining convenience, natural surroundings, and strong long-term value. This is a non-rental property.

4421 Thomas Drive Unit 202, Panama City
5620 S Lagoon Drive, Panama City Beach
$1,575,000
4 Beds ⋅ 4 Baths ⋅ 782317 MLS
The Nicest Home in Bay County! This completely remodeled, fully furnished, move-in ready Grand Lagoon home offers the ultimate waterfront lifestyle. It features all-new flooring, paint, and a new beamed ceiling on the main level. All new fixtures throughout. New kitchen counters, and backsplash. For enhanced durability and energy efficiency, the home boasts all new hurricane windows and glass sliders, and spray foam insulation under the structure, complementing the 3-year-old metal roof. All bathrooms have been completely remodeled and feature high end fixtures, vanities, and tiled showers/baths. The exterior living is upgraded with a brand-new deck. The property is a boater's dream, featuring a refreshed seawall and a fantastic boathouse that includes a new jet ski lift and two boat lifts, one of which is brand new. All measurements are approx. and should be verified by buyer.

5620 S Lagoon Drive, Panama City Beach
3532 Treasure Circle, Panama City
$1,499,000
4 Beds ⋅ 3 Baths ⋅ 795278 MLS
DIRECT GRAND LAGOON WATERFRONT + GULF ACCESS. TO BE BUILT: $1,499,000 land + proposed home package. Elevated waterfront residence offers approximately 2,880 SF heated/cooled, 3 bedrooms plus office/flex 4th bedroom, 3 baths and approximately 528 SF of covered outdoor living. Pricing, specifications, finishes, plans and construction costs subject to final builder contract, engineering, permitting and buyer selections. Build the waterfront lifestyle instead of trying to find it already built. Architectural plans and renderings are included. This cleared 0.13-acre homesite offers approximately 48 feet of Grand Lagoon frontage, an existing seawall, approximately 180' dock, public sewer availability and NO HOA. STR allowed and golf cart to the beach or to many popular local restaurants, the marina, and attractions within minutes. The open living, dining and kitchen areas are positioned around the water, with generous covered porches designed to extend the living space toward Grand Lagoon. An elevated coastal design also creates valuable covered space below while maximizing views from the primary living level. Significant waterfront infrastructure is already in place. The property is cleared and includes an existing seawall and approximately 180' dock, giving a future owner direct access to the lagoon while planning and building. From here, enjoy protected boating waters with access to St. Andrews Bay, Shell Island and the Gulf, along with waterfront restaurants, marinas and the best of the Panama City Beach boating lifestyle just minutes away. Whether envisioned as a full-time waterfront residence, second home or potential vacation-rental property subject to applicable regulations, this site offers the increasingly rare opportunity to build new around the lifestyle you actually want instead of renovating somebody else's version of it. Architectural plans and renderings are provided for informational and visualization purposes. Buyer to independently verify current plan suitability, zoning, setbacks, permitting, flood/elevation requirements, utilities, construction costs, dock and seawall condition/permitting and all intended uses. Seller is a licensed Florida real estate agent.

3532 Treasure Circle, Panama City
8204 S Lagoon Drive, Panama City Beach
$1,499,000
4 Beds ⋅ 4 Baths ⋅ 794408 MLS
Custom-built in 2024, 8204 South Lagoon offers a rare combination in Panama City Beach: deep-water frontage, a private dock and boathouse, and a location within walking distance to the Gulf. This 4BR/3.5BA home is well suited as a primary residence or second home. The open-concept kitchen, dining, and living area creates a bright and spacious main living space, highlighted by an impressive coffered ceiling in the living room. The kitchen features custom cabinetry, granite countertops, stainless steel appliances, a large center island with seating, and a custom wood vent hood. The home features tile and LVP flooring throughout, complemented by crown molding. Three bedrooms are located on the first floor, including a large primary suite with water views. The primary bath features double vanities and a custom tiled walk-in shower. Also on the first floor is a full bathroom with a large garden tub, along with an additional half bath. Of the two first-floor guest bedrooms, one features built-in shelving, while the other offers two closets plus additional under-stair storage. On the second floor, a spacious fourth bedroom features a vaulted ceiling and its own en-suite bathroom with a tiled walk-in shower. Outside, covered front and back porches extend the living space, while a pavered driveway and walkways, synthetic grass, and rock landscaping create a finished, low-maintenance exterior. The garage includes a separate built-out storage/tackle room for boating, fishing, and beach gear. The home also features fiber-cement siding with stone accents, impact-rated windows, and spray foam insulation. The waterfront is where this property really stands apart. The backyard is designed to enjoy the water and includes a large waterside tiki hut with a hot tub. The property features 58 feet of seawall, an expansive dock measuring approximately 80.5' × 23.5' × 44', and a 40' × 14' boathouse with boat lift. Deep-water access makes it easy to keep your boat on the lift just steps from the house and ready whenever you are. Grand Lagoon connects with St. Andrew Bay, providing boating access to the Gulf through St. Andrews Pass. With newer construction, deep-water boating access, low-maintenance outdoor spaces, no HOA dues, and a location within walking distance to the Gulf, 8204 South Lagoon offers a waterfront lifestyle and combination of features that is increasingly hard to find in Panama City Beach.

8204 S Lagoon Drive, Panama City Beach
8204 S Lagoon Dr, Panama City Beach
$1,499,000
4 Beds ⋅ 4 Baths ⋅ 1010022 MLS ⋅ 2,017 SqFt.
Custom-built in 2024, 8204 South Lagoon offers a rare combination in Panama City Beach: deep-water frontage, a private dock and boathouse, and a location within walking distance to the Gulf. This 4BR/3.5BA home is well suited as a primary residence or second home. The open-concept kitchen, dining, and living area creates a bright and spacious main living space, highlighted by an impressive coffered ceiling in the living room. The kitchen features custom cabinetry, granite countertops, stainless steel appliances, a large center island with seating, and a custom wood vent hood. The home features tile and LVP flooring throughout, complemented by crown molding. Three bedrooms are located on the first floor, including a large primary suite with water views. The primary bath features double vanities and a custom tiled walk-in shower. Also on the first floor is a full bathroom with a large garden tub, along with an additional half bath. Of the two first-floor guest bedrooms, one features built-in shelving, while the other offers two closets plus additional under-stair storage. On the second floor, a spacious fourth bedroom features a vaulted ceiling and its own en-suite bathroom with a tiled walk-in shower. Outside, covered front and back porches extend the living space, while a pavered driveway and walkways, synthetic grass, and rock landscaping create a finished, low-maintenance exterior. The garage includes a separate built-out storage/tackle room for boating, fishing, and beach gear. The home also features fiber-cement siding with stone accents, impact-rated windows, and spray foam insulation. The waterfront is where this property really stands apart. The backyard is designed to enjoy the water and includes a large waterside tiki hut with a hot tub. The property features 58 feet of seawall, an expansive dock measuring approximately 80.5' × 23.5' × 44', and a 40' × 14' boathouse with boat lift. Deep-water access makes it easy to keep your boat on the lift just steps from the house and ready whenever you are. Grand Lagoon connects with St. Andrew Bay, providing boating access to the Gulf through St. Andrews Pass. With newer construction, deep-water boating access, low-maintenance outdoor spaces, no HOA dues, and a location within walking distance to the Gulf, 8204 South Lagoon offers a waterfront lifestyle and combination of features that is increasingly hard to find in Panama City Beach.

8204 S Lagoon Dr, Panama City Beach
5516 Gulf Drive, Panama City
$1,499,000
4 Beds ⋅ 4 Baths ⋅ 794031 MLS
First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

5516 Gulf Drive, Panama City
5500 Gulf Drive, Panama City
$1,499,000
4 Beds ⋅ 4 Baths ⋅ 794028 MLS
First time to hit the market, 4 bedroom(plus bunk room) RENTAL POWERHOUSE on the highly sought after East End. One home off the water on a stretch of beach not overrun with condos. Owners, investors and tourists/guests LOVE this area for that exact reason. Schooners is on Gulf Dr- a 6 min walk, St Andrews State Park is 1 mile away, and the some of the beach's very best restaurants are concentrated in this Lower Lagoon area. Not to mention the sandy white beach directly across from this home. There's a King master ensuite on the first floor along with the kitchen, dining and living area, the laundry room and a half bathroom. Off of this is a door leading to an outdoor oasis. A heated optional pool with a lounge area and high top dining area. Upstairs is an additional Master King ensuite with a large balcony with views of the Gulf, 2 more bedrooms, bathroom and a bunkroom rounds out the upstairs area. This home has a strong rental history and great reviews. It's being sold furnished. Its sister property, identical in layout, 2 doors down is listed for sale as well.

5500 Gulf Drive, Panama City
4421 Thomas Drive Unit 101, Panama City
$1,485,000
3 Beds ⋅ 3 Baths ⋅ 793470 MLS
Welcome to St. Andrew's Park Place. the best of coastal waterfront living in Panama City Beach. This unit is located on the first floor and has fabulous views of the Gulf, as well as St. Andrew's State Park. This property is located on the East end of PCB where you experience the quiet beauty of the State Park . With the residence being located on the ground floor, you have easy access from the lobby, as well as easy access from your back porches to the beach access which is gated.The open floor plan of this newly updated unit is fabulous. With only 20 units in this particular building it is very much sought after ,and offers a unique opportunity to become an owner here at this treasure.

4421 Thomas Drive Unit 101, Panama City
6323 Thomas Drive Unit 501A, Panama City
$1,450,000
3 Beds ⋅ 2 Baths ⋅ 787486 MLS
Discover Luxury at 6323 Thomas Drive Unit 501, Summerwinds Condominium. Escape to this exclusive beachfront paradise in Panama City Beach's premier non-rental gated community. This stunning 5th-floor end unit in the East Tower offers 3 bedrooms, 2 baths, and 2,400 sq ft of living space with forever Gulf views. Perched directly on pristine beaches, Unit 501 delivers sweeping sunrise and sunset vistas from the open living area, master suite, and expansive wraparound balcony. The private, secure Summerwinds community ensures tranquility with no rentals allowed, perfect for personal retreats or primary residences. The gourmet kitchen boasts quartz countertops, custom cabinets, tile backsplash, and a large bar for effortless entertaining. Contemporary lighting and new flooring throughout, elevating everyday luxury. Unwind in the Gulf-front master with a large walk-in closet, dressing room, oversized tub, double vanity, and separate shower. Enjoy two Gulf-front pools (one heated seasonally), a clubhouse, beachfront pavilion, fitness center, and private enclosed garage.

6323 Thomas Drive Unit 501A, Panama City
8312 Surf Drive, Panama City Beach
$1,450,000
5 Beds ⋅ 3 Baths ⋅ 781328 MLS
Coastal luxury without the gulf front pricing. It is located directly across the street from the Gulf with a large pool and outdoor area. Surf Drive is a short unique street in PCB. It is only a mile long so there is not much traffic. This house is in an upscale area with many large gulf front houses within the block. This beautiful home was completely updated in 2024 and 2025. The large pool area is a great place to hang out and enjoy being at the beach. The whole pool area has stone pavers with many tables and chairs. There is both a pool and hot tub. A vinyl fence surrounds the house. All of the ceilings are shiplap and all of the flooring is LVP. It is completely furnished and rental ready. It is a corner lot with stone pavers. Parking will never be a problem as there is parking in front of the house as well as the side. It is a very short walk to either beach walk 19 or 20. You can be on the sand within a couple of minutes from the driveway. There is a large master bedroom with a large closet that can be used to put a port-a-crib for small children. A new AC was installed in addition to the other updates. The kitchen, family room and dining room make for a very large open area for the whole group to gather. There is a large big screen TV in the family room. There is a large granite top island in the kitchen that makes it easy to serve meals to a large group. All of the bathrooms are new. The hall bath has a new tub with tile around it and a sliding glass door. The other two bathrooms have tile showers with sliding glass doors. There is blue tooth connections in the bathroom fans so you can listen to music. There are a large number of hooks in the bathrooms for towels and swim suits. The outdoor shower has both cold and hot water on the side of the house when you come in from the beach. The laundry room is off of the kitchen area. The current bed configuration sleeps 18 including the pull out couch. The bunk bedroom has large built in wood bunks that can sleep 4 adults easily and even more children.

8312 Surf Drive, Panama City Beach
8213 Surf Drive, Panama City
$1,425,000
4 Beds ⋅ 3 Baths ⋅ 781311 MLS
LOCATION IS EVERYTHING! Home is across the street from Beachwalk 19. You can be on the sand in one minute from the time you leave the driveway. The only thing that would be better is to be Gulf front and that would cost $Millions more. This home is in a very upscale area with many large gulf front houses within a block. This beautiful home was completely redone two years ago. All of the ceilings are shiplap and all of the flooring is LVP. Metal roof was done in 2019. There are gutters around the whole house. The front of the house has a custom arbor that adds tremendous eye appeal. It is beautifully decorated and rental ready. Even though it has been a private residence, most of the furniture stays. It is on a corner lot with plenty of parking on the oversized stone paver driveway. The stone pavers are on both sides of the house leading to the large outdoor deck around the pool. There are outdoor tables and chairs that make for a great place to hang out. The heated swim spa is great for year round enjoyment. Half of pool is configured like a hot tub with seats and jets and half is like a pool. A new AC unit was installed earlier this year. In addition each bedroom has portable AC units so even in the hottest part of the summer, the bedrooms are more than cool. The open family room and kitchen area make for a great gathering place. There is a granite counter bar, that can seat at least 9, around the kitchen as well as a large table that can seat at least 10. There is a large screen TV in the family room as well as TVs in 4 of the bedrooms. One of the bedrooms is currently used as an office but would normally be used as a bedroom. The current bed configuration sleeps 16 but can easily sleep 18. All of the bathrooms have sliding glass doors with new tile around the whole shower. The hall bath has a new tub with tile around it along with the sliding glass door. The master suite has an extra large shower. The outdoor shower has cold and hot water. There are numerous hooks in each bathroom as well as around the outside shower to hold towels and swim suits. Everything in this house has been completely redone. The separate laundry room has full size stackable stainless steel washer and dryer with amble storage shelves. The laundry room has an entrance directly from the pool area to manage all of the wet swim suits and towels. The bunk bedroom has sturdy large built in wood bunks. Now is the perfect time to buy to be ready for the upcoming vacation rental season or to use as a second home or permanent residence. There is a white vinyl fence that surrounds the house.

8213 Surf Drive, Panama City
5518 Thomas Drive, Panama City Beach
$1,400,000
781204 MLS
This is your chance to secure a rare development opportunity along the highly sought-after Thomas Drive business corridor. An exceptional .51-acre site (three combined lots: 100' x 220') with frontage on Thomas Drive, Beach Drive, and Biltmore Drive. This unique configuration provides access from three road fronts, offering excellent visibility and accessibility for future development. • Zoned C-1 (Neighborhood Commercial) - allows for a wide range of commercial, mixed-use, and multifamily opportunities • Density: Up to 15 units per acre • Not in a flood zone, yet just 500 feet from the Gulf of Mexico • Gulf views possible from a multi-story structure • Surrounded by new homes, high-rise condos, restaurants, close to public beach access (#9), and major attractions • Ideal for commercial retail, short-term rentals, townhomes, or a mixed-use development A three-story building on this site would capture breathtaking Gulf views, making it perfect for a boutique hotel, retail center, or luxury residential units. Buyer should verify all details related to this property. Property includes 3 parcels- 32362-000-000; 31857-000-000; 31856-000-000

5518 Thomas Drive, Panama City Beach
5518 Thomas Drive, Panama City Beach
$1,400,000
781168 MLS
This is your chance to secure a rare development opportunity along the highly sought-after Thomas Drive business corridor. An exceptional .51-acre site (three combined lots: 100' x 220') with frontage on Thomas Drive, Beach Drive, and Biltmore Drive. This unique configuration provides access from three road fronts, offering excellent visibility and accessibility for future development. • Zoned C-1 (Neighborhood Commercial) - allows for a wide range of commercial, mixed-use, and multifamily opportunities • Density: Up to 15 units per acre • Not in a flood zone, yet just 500 feet from the Gulf of Mexico • Gulf views possible from a multi-story structure • Surrounded by new homes, high-rise condos, restaurants, close to public beach access (#9), and major attractions • Ideal for commercial retail, short-term rentals, townhomes, or a mixed-use development A three-story building on this site would capture breathtaking Gulf views, making it perfect for a boutique hotel, retail center, or luxury residential units. Buyer should verify all details related to this property. Property includes 3 parcels- 32362-000-000; 31857-000-000; 31856-000-000

5518 Thomas Drive, Panama City Beach
6627 Thomas Drive Unit 1601, Panama City Beach
$1,390,000
3 Beds ⋅ 3 Baths ⋅ 791971 MLS
Welcome to Sterling Beach Unit 1601, a luxurious Gulf front retreat where panoramic views of the Gulf of Mexico create a stunning backdrop for the coastal life. From the moment you enter this condominium, floor to ceiling windows will take your breath away with sweeping views of emerald waters and sandy white beaches. This highly desirable 16th floor condominium is the perfect height to take full advantage of gorgeous beach views by day and incredible sunsets in the evening. The living and dining area have soaring 12-foot ceilings and views of The World's Most Beautiful Beaches pour through into the unit, illuminating the spacious living area complete with fireplace. This coastal residence features an open floor plan and offers two master suites with gulf views, each with spa inspired baths featuring jacuzzi tubs, separate showers, and double vanities. With three bedrooms and three full baths, and approximately 2300 sq. ft. of living space, there's room for everyone to gather together for entertainment or retreat to relax in privacy. This condominium features two private balconies situated to provide the perfect vantage point for sunrise or sunset views of the Gulf and the Lagoon. Sterling Beach offers unlimited resort amenities including an expansive Gulf front pool, jacuzzi, fitness center, grilling area, community room, onsite theatre and 350 feet of sugar white sand beach. This turnkey property is beachfront living at its finest - make this your new home at the beach or investment property - call today!

6627 Thomas Drive Unit 1601, Panama City Beach
6627 Thomas Drive Unit 301, Panama City
$1,350,000
3 Beds ⋅ 3 Baths ⋅ 795199 MLS
EXPANSIVE 2,274 SQ. FT. GULF-FRONT RESIDENCE AT STERLING BEACH! Experience the space and comfort of a true coastal home combined with breathtaking Gulf-front living in this spacious 3-bedroom, 3-bath residence. Floor-to-ceiling windows showcase sweeping views of the emerald-green waters and sugar-white sands of Panama City Beach, filling the living spaces with natural light and putting the Gulf on display from the moment you walk through the door. Offering an impressive 2,274 square feet, this spacious floor plan provides plenty of room to gather, entertain and relax while still offering privacy for family and guests. The open-concept living and dining areas flow seamlessly into the beautifully appointed kitchen featuring a large granite island, stainless steel appliances, custom cabinetry and abundant workspace and storage. The Gulf-front primary suite is a private retreat featuring its own balcony, beautiful water views and a spacious ensuite bath with an oversized walk-in shower, dual vanities and upscale finishes. Two generously sized guest bedrooms and additional baths provide comfortable accommodations for family and visitors, making this residence an exceptional choice as a primary home, second home or vacation retreat. Tile flooring, crown molding, recessed lighting and timeless architectural details complement the home's coastal style, while expansive windows and multiple outdoor spaces allow you to enjoy the Gulf views that make this residence so special. Currently participating in a vacation rental program with a strong booking history, Unit 301 also offers an attractive opportunity for buyers looking for a Gulf-front second home with established rental appeal. Rental history and additional information are available upon request. Sterling Beach offers more than 300 feet of pristine Gulf frontage along with an impressive collection of resort-style amenities, including a spectacular 4,000 sq. ft. beachfront pool, seasonally heated spa, fitness center, private 48-seat theater and convenient beach access. Ideally located on the quieter east end of Panama City Beach along sought-after Thomas Drive, Sterling Beach is just minutes from St. Andrews State Park, marinas, boating and fishing, waterfront dining, shopping and many of the area's favorite local destinations. If you've been searching for a Gulf-front property that offers the SPACE of a home, the VIEWS of a beachfront retreat and the AMENITIES of a luxury resort, Sterling Beach Unit 301 deserves to be at the top of your list. Schedule your private showing and experience this exceptional Gulf-front residence for yourself.

6627 Thomas Drive Unit 301, Panama City
7115 Thomas Drive Unit 1803, Panama City
$1,349,900
3 Beds ⋅ 3 Baths ⋅ 793877 MLS
One of Panama City Beach's best-kept secrets! This spectacular 3BR/3BA condo at Hidden Dunes offers over 2,300 SqFt of living space, one of the most spacious and well-designed floor plans on the beach, and an incredible oversized Gulf-front balcony with high quality outdoor furniture positioned for beautiful sunset views. From the moment you enter the grand foyer with motion-controlled lighting, this condo feels more like a home than a typical beach condo. The expansive interior features 10' ceilings, bull-nose corners, architectural trim work, tile flooring throughout, and plenty of room for family and friends to spread out and relax. The huge Gulf-front Primary Suite features an en suite bath, walk-in closet with custom wood shelving, remote-controlled Hunter Douglas blinds, and direct access to those incredible Gulf views. The Gulf-view gourmet kitchen offers abundant counter space, cherry wood cabinetry, eat-in bar seating, and an open layout overlooking the spacious living and dining areas--perfect for entertaining or cooking and re-hydrating after a day at the beach. Additional upgrades and features include updated shower doors, faucets and trim, remote-controlled ceiling fans in the great room, motorized roll-down storm shutters, an electronic HVAC air filter and UV light system, and remote-controlled Hunter Douglas blinds in the living room and Primary Suite. The oversized laundry room is a standout of its own, complete with a utility sink and additional matching cabinetry for exceptional storage. Even from the 18th floor, the balcony maintains views of the beach below while delivering sweeping Gulf and sunset views. An assigned covered parking space, exterior owner storage, and much more complete the offering. With its exceptional size, thoughtful layout, abundant storage, and true residential feel, this Hidden Dunes condo is equally suited for full-time living, a family beach retreat, second home, or rental investment. All information is believed to be accurate but should be verified by the buyer.

7115 Thomas Drive Unit 1803, Panama City
8120 S Lagoon Dr, Panama City Beach
$1,299,123
4 Beds ⋅ 4 Baths ⋅ 1003676 MLS ⋅ 2,625 SqFt.
Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and outstanding short-term rental potential, all with no HOA restrictions. Thoughtfully renovated from top to bottom, the home features 5 bedrooms and 4 full bathrooms, including a spacious converted garage that serves as a private fifth bedroom with its own en-suite full bath. This flexible space can also function as a game or hobby room, making it ideal for maximizing rental occupancy and guest experience. The layout is well designed with two bedrooms on the first floor and the primary suite plus two additional bedrooms on the second level. Upon entering, the bright, contemporary design showcases fresh paint, updated lighting, and stylish fixtures throughout. New flooring flows seamlessly across the home with no carpet, creating a clean and low-maintenance environment ideal for both full-time living and high-traffic use. The fully redesigned kitchen is a standout, featuring white cabinetry, sleek countertops, and brand-new appliances that offer both style and functionality. Two of the three upstairs bedrooms feature private balconies with water views. Plus the primary bath has a jacuzzi tub and separate shower. Outdoors is resort-style living at its finest! The backyard is built for entertaining, complete with a gunite pool, relaxing spa, and multiple levels of newer Trex composite decking all with lagoon views. For the boating and water enthusiasts, this property is exceptionally well equipped with deep-water frontage and an incredible covered dock! One side features a 40' x 20' roof over a 24,000 lb boat lift that can accommodate approximately a 35' boat. The second dock includes a 16' x 24' roof over a 12,000 lb lift suited for up to 21'. Two jet ski float pads provide additional convenience and storage. This convenient location provides easy access to St. Andrews Bay, Shell Island, and the Gulf. Additionally, the home has already been connected to city sewer, which is both expensive and rare in the lagoon area. Situated on a quiet stretch of South Lagoon Drive and only a few blocks from the area's renowned beaches, Rick Seltzer Park, and multiple dining options, this property is ideally positioned to capitalize on Panama City Beach's strong vacation rental demand. Whether utilized as a primary residence, second home, or income-producing investment, this turnkey waterfront property delivers exceptional versatility and value. Schedule your showing today. A walk-through video is available.

8120 S Lagoon Dr, Panama City Beach
8120 S Lagoon Drive, Panama City
$1,299,123
5 Beds ⋅ 4 Baths ⋅ 789058 MLS
Experience the ultimate waterfront lifestyle with this fully remodeled coastal retreat on Grand Lagoon! Ideally positioned just minutes from the Gulf, this exceptional property offers a rare combination of modern luxury, double boat slip deep-water access, and outstanding short-term rental potential, all with no HOA restrictions. Thoughtfully renovated from top to bottom, the home features 5 bedrooms and 4 full bathrooms, including a spacious converted garage that serves as a private fifth bedroom with its own en-suite full bath. This flexible space can also function as a game or hobby room, making it ideal for maximizing rental occupancy and guest experience. The layout is well designed with two bedrooms on the first floor and the primary suite plus two additional bedrooms on the second level. Upon entering, the bright, contemporary design showcases fresh paint, updated lighting, and stylish fixtures throughout. New flooring flows seamlessly across the home with no carpet, creating a clean and low-maintenance environment ideal for both full-time living and high-traffic use. The fully redesigned kitchen is a standout, featuring white cabinetry, sleek countertops, and brand-new appliances that offer both style and functionality. Two of the three upstairs bedrooms feature private balconies with water views. Plus the primary bath has a jacuzzi tub and separate shower. The owner is in the process of replacing all the glass in all the slider doors in the home so that it will be a crisp, clear view of the lagoon! Outdoors is resort-style living at its finest! The backyard is built for entertaining, complete with a gunite pool, relaxing spa, and multiple levels of newer Trex composite decking all with lagoon views. For the boating and water enthusiasts, this property is exceptionally well equipped with deep-water frontage and an incredible covered dock! One side features a 40' x 20' roof over a 24,000 lb boat lift that can accommodate approximately a 35' boat. The second dock includes a 16' x 24' roof over a 12,000 lb lift suited for up to 21'. Two jet ski float pads provide additional convenience and storage. This convenient location provides easy access to St. Andrews Bay, Shell Island, and the Gulf. Additionally, the home has already been connected to city sewer, which is both expensive and rare in the lagoon area. Situated on a quiet stretch of South Lagoon Drive and only a few blocks from the area's renowned beaches, Rick Seltzer Park, and multiple dining options, this property is ideally positioned to capitalize on Panama City Beach's strong vacation rental demand. Whether utilized as a primary residence, second home, or income-producing investment, this turnkey waterfront property delivers exceptional versatility and value. Schedule your showing today. A walk-through video is available

8120 S Lagoon Drive, Panama City
4115 Holiday Drive, Panama City
$1,299,000
4 Beds ⋅ 4 Baths ⋅ 796444 MLS
Just off the coast of Panama City Beach and only one block from beach access, 4115 Holiday Drive is a newly built coastal retreat designed around elevated living, flexibility, and the effortless rhythm of life near the Gulf. Completed in 2025, the three-level residence offers 2,640 square feet of heated and cooled living space with four bedrooms, four bathrooms, Hardie board siding, and covered porches and balconies spanning each level. The home blends a refined coastal aesthetic with a layout designed for both privacy and entertaining. The main level opens into a bright living space and beautifully appointed kitchen featuring quartz countertops, white shaker cabinetry, stainless steel appliances, and a walk-in pantry. A private guest suite with its own en suite bath and a dedicated walk-in laundry room complete the first floor. Upstairs, the second level features two spacious primary-style suites, each with a private en suite bathroom and direct access to the balcony. The third floor serves as a private upper-level retreat with a bedroom or flex space, kitchenette, en suite bath, and an expansive walkout balcony capturing elevated views toward the Gulf. Beyond the main residence, a substantial 1,840-square-foot detached building adds another level of flexibility to the property, with approximately 860 square feet already heated and cooled. The space offers exceptional potential for a guest retreat, entertainment space, studio, fitness area, or additional income-producing use, subject to applicable zoning, permitting, and approvals. Between the residence and detached building, the backyard creates an opportunity to further transform the property into a private coastal escape. Subject to permitting and site requirements, the space may accommodate a pool, surrounding deck, and outdoor entertaining area, creating a resort-style courtyard that connects the two structures. Altogether, the property offers approximately 4,480 square feet of combined building area, including roughly 3,500 square feet currently heated and cooled. With newer construction, Gulf views, multiple private suites, expansive balconies, substantial additional space, and beach access just a block away, 4115 Holiday Drive offers more than a place near the water. It offers the foundation for a distinctive coastal retreat--one that can be enjoyed today and elevated even further for years to come.

4115 Holiday Drive, Panama City
6627 Thomas Drive Unit 1401, Panama City
$1,250,000
3 Beds ⋅ 3 Baths ⋅ 795046 MLS
3BR/3BA Gulf-front condo at Sterling Beach in Panama City Beach. 34 feet of floor-to-ceiling glass, 12-foot ceilings and covered parking #15. From the moment you arrive at Sterling Beach, the winding paver drive, Royal Palms and Gulf-front setting create a memorable introduction. Unit 1401 is a 2,274-square-foot Gulf-front condominium where approximately 34 feet of floor-to-ceiling glass showcases expansive Gulf and coastline views. Large rooms, abundant natural light and oversized crown molding complement the spacious interior. The completely upgraded kitchen gives this residence a distinctive look of its own, with new cabinetry, backsplash, tile flooring, laundry room cabinetry and black stainless steel appliances. The centerpiece is the Vetrazzo countertop surface, where colorful recycled-glass pieces create an artisanal, mosaic-like appearance reminiscent of sea glass and the emerald-toned Gulf beyond the windows. An oversized open enamel sink completes the updated kitchen. Updates continue throughout the baths with new granite countertops and tile flooring. The primary suite offers a large walk-in closet, private balcony and bath with double vanities, walk-in shower, jetted tub and private water closet. The second primary bedroom serves as the lockout suite and features its own private balcony and a completely remodeled bath with a custom tiled walk-in shower with bench, vessel sinks and a beautiful handcrafted barn door. Tile flooring also enhances both the main entry and separate lockout entry. One of Unit 1401's most versatile features is this second primary suite and lockout configuration. With the addition of an interior door in the foyer area, the residence can function as a full 3-bedroom condominium or allow the second primary suite to be separated, providing flexibility for personal use or rentals. Short-term rentals are allowed. The residence was also wired for surround sound during construction, and water heaters were replaced in 2021 and 2023. Unit 1401 includes covered garage parking space #15. Sterling Beach offers approximately 400 feet of Gulf frontage along with a heated free-form pool and expansive deck areas, spa/hot tub, Gulf-front fitness center, high-speed elevators, bike and kayak racks, owners lounge and meeting room, 44-seat theater, BBQ and picnic area, covered pergola and beach access. Onsite HOA and rental offices provide additional convenience. Located on Thomas Drive in Panama City Beach, Sterling Beach provides convenient access to restaurants, grocery shopping, marinas, fishing, diving and sightseeing operations, with St. Andrews State Park toward the east end of Thomas Drive. Built in 2003, Unit 1401 combines panoramic Gulf views, extensive interior upgrades, a second primary lockout suite, covered parking and resort-style amenities. Monthly HOA dues are currently listed at $1,191.98. Schedule a showing to experience the space, finishes and Gulf-front setting of Sterling Beach Unit 1401.

6627 Thomas Drive Unit 1401, Panama City
9614 Beach Boulevard Unit E, Panama City Beach
$1,250,000
3 Beds ⋅ 4 Baths ⋅ 781910 MLS
Enjoy breathtaking Gulf views from this beautifully maintained adorable end unit gulf-front townhome located in the heart of Panama City Beach. Completely re-built from inside out. NO HOA! Sleeps 13 and could sleep more. Right next to beach access 26 in a very quite area off of Thomas Drive. This updated 3 bedroom and 4 full bathroom residence offers an unbeatable combination of beachfront living and convenience—step outside and you're just footsteps from the sugar-white sand and emerald waters. 2 King Master Suites, one with it's own private gulf front balcony! Featuring a bright coastal exterior and an inviting layout, this townhome offers comfortable living spaces and ample natural light. An updated kitchen with quartz countertops, offering both style and durability for everyday living or entertaining. The primary suite is located on the second floor and features a private balcony with panoramic gulf front beach views, elevated ceilings, and an en-suite bath with a walk-in shower. The second and third bedroom also features a private en-suite bath, providing convenience for additional guests or family members. This Gulf-front property offers excellent potential for short-term rental income due to its desirable location and layout. Property is conveniently located near all the main attractions in Panama City Beach. Reframed exterior west wall with two by fours, exterior cinder blocks, stucco and concrete board, new windows throughout hurricane rated and Miami Dade turtle rated. All new tile flooring throughout, shiplap, light fixtures, new wiring, cabinets, appliances, quartz and granite, new bathrooms, walls, ceilings, HVAC 2 years, Pollywood outdoor furniture, new stairs, custom built cedar garage doors, Roof is after Michael and Rubber Seamless, 8'' double firewall, 5/8'' sheetrock, Converted Garage can be used as non-conforming 4th bedroom. Information deemed accurate but verify. . Home has been used as a second home only!

9614 Beach Boulevard Unit E, Panama City Beach
4804 Hispaniola Street, Panama City
$1,200,000
3 Beds ⋅ 4 Baths ⋅ 787910 MLS
Beautiful Palm Beach-style 3-story cottage located just yards from the sugar-white sand beaches and the sparkling Gulf of Mexico! This stunning fully furnished 3-bedroom, 3.5-bath home offers the perfect blend of coastal charm and modern comfort. Features include granite countertops, stainless steel appliances, a cozy gas fireplace, and a mix of hardwood and carpet flooring throughout. Enjoy Gulf views from the spacious deck, or relax in your private in-ground swimming pool--perfect for cooling off on warm summer days. No HOA fees and short term rentals are allowed. Just one block away to the World's Most Beautiful Beaches and beach access. This home has been thoughtfully upgraded with newer appliances (all with warranties), two newer A/C units, a custom Connell built-in bookcase and cabinetry, plantation shutters, and a newly updated pool. The kitchen also features a convenient knife storage drop-down. Additional highlights include an electric Sunesta automatic retractable awning with remote control, LED lighting, Sunbrella fabric, warranty coverage, and an automatic wind/turbulence retraction sensor. The first floor is wheelchair accessible and the home is equipped with a security system with video monitoring. The primary bath includes a new glass shower enclosure. Don't miss this incredible beachside retreat--this one won't last long!

4804 Hispaniola Street, Panama City
3530 Treasure Circle, Panama City Beach
$1,199,999
3 Beds ⋅ 3 Baths ⋅ 779329 MLS
PERFECT AIRBNB LOCATION. MOVE-IN READY. FULLY FURNISHED. BOAT AVAILABLE FOR PURCHASE. SELLER WILL CONSIDER OFFERS INCLUDING THE HOME AND BOAT. RARE WATERFRONT. RENTAL PROJECTION OF $70K-$80K. PRIVATE DOCK + LIFT. Set near the mouth of the lagoon in Panama City Beach, this waterfront property offers the kind of location, scenery, and boating access that can stand out to both personal-use buyers and short-term rental investors. Offered fully furnished and move-in ready, the property also presents an opportunity to purchase the boat currently at the home. The seller is having the boat appraised and will consider offers involving both the home and boat. With a rental projection estimating year-one revenue of $70,000 to $80,000, this is more than a waterfront retreat--it is a scarce location-first opportunity with income-producing potential. Positioned on a quiet loop in one of the closest residential pockets to the lagoon mouth, the property offers quicker runs to open water, marinas, beaches, dining, and Panama City Beach attractions while still maintaining a calm, tucked-away feel at home. Out back, a private dock with powered boat lift makes ''go now'' boating simple. When dinner calls, it is an easy hop by boat across the lagoon to local favorites like Capt. Anderson's or The Grand Marlin, or stay dockside and fish for saltwater trout and redfish right from the backyard. The setting gives guests and owners a true waterfront experience, with passing boats and jet skis, ospreys and eagles overhead, dolphins making regular rounds, and large-scale Fourth of July fireworks visible from the dock and both screened porches. These are the details that help separate a short-term rental from a standard beach-area property. Built with 2x6 construction, hurricane-rated doors and windows, spray-foam insulation throughout, including interior walls, and pilings driven approximately 47 feet, the home blends efficiency, resilience, and long-term utility. Inside, well-appointed living spaces are oriented toward the water and flow to a screened-in back porch. The interior also features black walnut cabinetry and custom-made, full-size solid oak bunks, adding distinctive craftsmanship and durable materials to the home. Upstairs, the primary suite has its own screened porch, creating another strong vantage point for enjoying the wildlife, watercraft, and lagoon views throughout the day. Additional property features are worth noting. All fencing that lines the property is owned by the seller. The side of the home includes a full RV hookup, along with a grinding system connected to the sewer. The irrigation system is supplied by well water, adding another practical feature for ongoing landscape maintenance. For buyers comparing Panama City Beach waterfront homes with rental potential, 3530 Treasure Circle brings together private boating infrastructure, lagoon-mouth proximity, water views, screened outdoor living, furnished convenience, RV capability, and the option to purchase the boat for an even more complete waterfront setup. The result is a waterfront property with both lifestyle appeal and investment positioning, exactly where you want to be when access, scenery, and income potential matter most. All information is believed accurate but not guaranteed; buyer to verify if important.

3530 Treasure Circle, Panama City Beach
8416 Thomas Drive, Panama City
$1,199,000
785151 MLS
Incredible investment opportunity! Excellent location for flex space. The interior of the property boasts 3 offices, a lobby/reception area, kitchen and bath as well as approx 2,500 sqft of warehouse space with two 10x10 bay doors. The exterior boasts a fended in lay down yard and Thomas Drive frontage. Currently occupied by a general contractor tenant with income of $6,500/month NNN. Present lease term ends at the end of 2026. Great opportunity for retail, auto repair, contractors and more. Rare find in a location like this!

8416 Thomas Drive, Panama City
3910 Wasp St, Panama City Beach
$1,198,000
4 Beds ⋅ 4 Baths ⋅ 999641 MLS ⋅ 2,594 SqFt.
Rare and exceptional investment opportunity located on the East End of Panama City Beach in the desirable South Lagoon area. This 4-bedroom, 3.5-bath, 2,500+ sq ft home is being sold fully furnished and turnkey, with NO HOA and NO rental restrictions. Situated on TWO lots just a few short blocks from beach access, this 3 story home is designed to maximize both guest experience and income potential. The first floor features a large game room with a pool table, TV and other games, while the main living areas offer ample space, perfect for entertainment and large groups. Step outside and you'll find what truly sets this property apart! The outdoor space is one of a kind featuring a heated custom lagoon style pool with a lazy river, swim up bar, waterslide, and jacuzzi.... all in the shape of a fish. Yes, a fish. Its the kind of feature guests talk about and rebook for. Add in the tiki bar, grilling area, and expansive outdoor space, and you have a private resort right in your back yard. The rear lot is gated and offers road access with a separate entrance, providing ample space for your boat, RV, or jet ski storage. Conveniently located near the public boat ramp with Gulf access, making trips to Shell Island quick and easy. With NO restrictions, the possibilities are endless. Properties with this level of amenities, lot size, and flexibility are extremely rare. This is more than home, its an experience and you don't want to miss out on it!

3910 Wasp St, Panama City Beach

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