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VIRGA REALTY, INC.
119 Southfields Road Unit 119 & 121, Panama City Beach, FL 32413
- $1,590,000
- 7
- BD
- 7
- BA
- Sold Price
- $1,590,000
- List Price
- $1,500,000
- Status
- CLOSED
- Closing Date
- May 08, 2026
- MLS#
- 787608
- Subtype
- Residential
- Style
- Coastal
- Year Built
- 2004
- Bedrooms
- 7
- Bathrooms
- 7
- Full Baths
- 6
- Half Baths
- 1
- Lot Size
- 3,877
- Acres
- 0.09
- Subdivision
- No Named Subdivision
- Neighborhood
- Beach - West Central
- MLS Area Major
- Bay County - Beach
Property Description
Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.
Additional Information
- Interior Features
- Instant Hot Water
- Exterior Features
- Covered Patio, Deck, Outdoor Shower
- Property Description
- Coastal
- Zoning
- Resid Single Family
- Appliances
- Electric Range, Electric Water Heater, Tankless Water Heater
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Exterior Construction
- HardiPlank Type, Stucco, Vinyl Siding
- Pool
- Yes
- Parking
- Additional Parking
- Elementary School
- West Bay
- Middle School
- Surfside
- High School
- Arnold
Listing courtesy of Corcoran Reverie.
Selling Office: EXP Realty LLC.