13011 Oleander Drive
Panama City Beach, FL 32407
MLS# 787261
4 beds | 4 baths | 2283 sqft
Property DescriptionOceanfront Gulf-front 4BR/4BA + flex room home with proven rental history and exceptional versatility. Offering over a decade of consistent VRBO performance, this property presents a strong income-producing opportunity with additional upside potential. Designed for both comfort and functionality, the layout includes a 2BR/2BA main residence plus two private guest suites with full baths connected by a breezeway, ideal for multi-generational living or maximizing rental occupancy.
Enjoy panoramic Gulf views from the sunroom and main living areas, complemented by an open-concept layout perfect for entertaining. The home features an updated kitchen, remodeled primary bath, and is being sold fully furnished for a true turnkey experience. Outdoor living includes a spacious back porch, jacuzzi, BBQ area, and direct beach access, creating an ideal setting for both personal use and guest enjoyment.
Recent improvements include roof, HVAC systems, and impact windows and doors, offering added durability and peace of mind. Located on a private drive with a 35-ft seawall for enhanced protection.
A rare opportunity to own a beachfront property that combines lifestyle, income, and long-term potential in Panama City Beach.
New Buyer Fee: No
Last Taxes: 17902
Last Tax Year: 2025
Brokerage Interest: Familial Interest - Listing Broker/Licensee related to owner.
List Price/SqFt: 1182.65
Status: Active
List Date: 2026-03-23
List Price: $2,700,000
Current Price: $2,700,000
Sub Area: 0318 - Beach - Central South
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: GPS go down to front beach road
Area: 03 - Bay County - Beach
Street #: 13011
Street Name: Oleander
Street Suffix: Drive
County: Bay
Subdivision: Bahama Beach
Parcel ID: 34323-000-000
Legal Description: BAHAMA BEACH LOT 2 BLK 5 ORB 3814 P 756
Acreage: 0.17
Design: Beach House
Lot Size (SqFt): 7187
Apx SqFt(Htd/Cooled): 2283
Construction Status: Construction Complete
SqFt Source: An Appraiser
Lot Dimensions: 60x120
New Construction: No
Garage Y/N: No
Beach Frontage: 60
Pool: No
Sub-Type: Detached Single Family
Total Baths: 4
Year Built: 1940
Remarks: Oceanfront Gulf-front 4BR/4BA + flex room home with proven rental history and exceptional versatility. Offering over a decade of consistent VRBO performance, this property presents a strong income-producing opportunity with additional upside potential. Designed for both comfort and functionality, the layout includes a 2BR/2BA main residence plus two private guest suites with full baths connected by a breezeway, ideal for multi-generational living or maximizing rental occupancy.
Enjoy panoramic Gulf views from the sunroom and main living areas, complemented by an open-concept layout perfect for entertaining. The home features an updated kitchen, remodeled primary bath, and is being sold fully furnished for a true turnkey experience. Outdoor living includes a spacious back porch, jacuzzi, BBQ area, and direct beach access, creating an ideal setting for both personal use and guest enjoyment.
Recent improvements include roof, HVAC systems, and impact windows and doors, offering added durability and peace of mind. Located on a private drive with a 35-ft seawall for enhanced protection.
A rare opportunity to own a beachfront property that combines lifestyle, income, and long-term potential in Panama City Beach.
Cooktop - Electric: 1
Dishwasher: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Breakfast Bar: 1
Ceiling - Vaulted: 1
Floor - Tile: 1
Floor - Vinyl: 1
Floor - Vinyl Plank: 1
Lighting - Recessed: 1
Pantry: 1
Security System: 1
Split Bedroom: 1
Window - Treatment Some: 1
Wood/Frame: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Siding - Stucco: 1
Deck Open: 1
Fenced Back Yard: 1
Fenced Lot-All: 1
Patio Open: 1
Storm Doors: 1
Storm Windows: 1
Flood Insurance Req: 1
Waterfront: 1
City Street: 1
Paved Road: 1
Carport Attached: 1
Driveway: 1
Carport: 1
Florida Room: 1
Kitchen: 1
Primary Bedroom: 1
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Heat Pump: 1
Multi Units: 1
ENERGY STAR Qualified Equipment: 1
Heat Pump: 1
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment; Heat Pump; Multi Units
Heating: Central; Electric; ENERGY STAR Qualified Equipment; Heat Pump
Exterior: Deck Open; Fenced Back Yard; Fenced Lot-All; Patio Open; Storm Doors; Storm Windows
Financing: Cash; Conventional
Lot Features: Flood Insurance Req; Waterfront
Lot Access: City Street; Paved Road
Security Features: Fire Alarm
Parking Features: Carport Attached; Driveway; Gated; No Garage
Rooms: Bedroom; Bonus Room; Carport; Florida Room; Kitchen; Primary Bedroom
Utilities: TV Cable; Electricity - Connected; Garbage; Public Sewer - Connected
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Florida Room | First | 18 x 39 | 18.00 | 39.00 | 18 x 39 |
| Carport | First | 26 x 18 | 26.00 | 18.00 | 26 x 18 |
| Bedroom | First | 18 x 17 | 18.00 | 17.00 | 18 x 17 |
| Bedroom | First | 18 x 15 | 18.00 | 15.00 | 18 x 15 |
| Florida Room | First | 17 x 20 | 17.00 | 20.00 | 17 x 20 |
| Bonus Room | First | 18 x 12 | 18.00 | 12.00 | 18 x 12 |
| Kitchen | First | 18 x 15 | 18.00 | 15.00 | 18 x 15 |
| Master Bedroom | First | 18 x 29 | 18.00 | 29.00 | 18 x 29 |
Listing Office: LUXE Properties
Last Updated: April - 22 - 2026
Information deemed reliable but not guaranteed.