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$450,000

Just 0.3 miles from the sugar-white sand of West Panama City Beach, this unique property offers two separate concrete block homes on one spacious 50 x 125 lot. Tucked into a quiet cul-de-sac on a pretty street, it's an incredible opportunity for a beach getaway, short-term rental investment, or a little of both. The 750 sq. ft. main home features 2 bedrooms and 1 bath, while the separate 400 sq. ft. studio has its own full kitchen and bath. Both are separately metered and have brand-new tankless water heaters, and the studio also features a brand-new mini-split AC with a dehumidifier. Located in Flood Zone X, where flood insurance is not typically required by lenders, the property also has no HOA and is in a golf-cart-friendly community. And if you know Panama City Beach, you know the West End is loved for its beautiful beach access and laid-back coastal feel. Just 10 minutes from both 30A and Pier Park, this is a rare opportunity to own two separate living spaces just minutes from everything that makes this part of the beach so special. Property appraised for $450,000 in April 2026

3 Beds ⋅ 2 Baths ⋅ 795263 MLS

329 Derondo Street, Panama City Beach

21917 Belgrade Ave, West Panama City Beach

$649,000

This lot offers building flexibility due to favorable SR-1 zoning and it is located within 1 block of multiple public beach access points. SR-1 zoning allows for building up to 60 feet, and nearby buildings have Gulf horizon views from the second floor so this means you could build your dream home with multiple floors of Gulf views if you desire. 21917 Belgrade Ave is located in the highly desirable West End of Panama City Beach, which is quickly becoming a tourist hot spot due to its its ample public beach access points, low traffic, and its convenient proximity to both 30A (4 miles West) and Panama City Beach (Pier Park is 7 miles East). It is located in the quaint community of Kiska beach, which is popular for short-term rentals and full-time residents alike due to the low density of the neighborhood, ease of beach access, convenience to the 30A and PCB areas, and the overall safety of the golf cart friendly community. This lot has already been cleared of its previous structures, saving you the time and trouble of clearing it yourself. It encompasses .143 acres on a 50x125 foot footprint. Buyer will need to verify if any infrastructure already exists on the property. A survey has been included in the property docs from the previous purchase. SR-1 zoning allows for 60 feet building height, allows multi-residential structures, and has short-term rentals codified into allotted uses. (verify if important)

963601 MLS

21917 Belgrade Ave, West Panama City Beach