167 Downing Street, Panama City Beach, FL 32413 (MLS# 784760)


$3,495,000
167 Downing Street
Panama City Beach, FL 32413
MLS# 784760
4 beds  |  5 baths  |  3580 sqft


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Property Description
**JUST REDUCED!!** Luxury Beach Retreat Home for Sale in the West end of Panama City Beach, FL. Come and Experience the ultimate beach lifestyle in this stunning custom-built home on Panama City Beach's quiet and desirable West End. Completed in 2021 by acclaimed builder Rick Koehnemann of Koehnemann Construction, this 4-bedroom, 4 1/2 bathroom home combines exquisite craftsmanship with modern amenities. This Property offers both luxury living and exceptional rental potential. This home was designed for Comfort, Relaxation & Entertaining! Just a few houses from the beach on an oversized lot, the property provides a spacious outdoor yard with room to design your own swimming pool. A fully fenced backyard with privacy fencing and beautiful, mature landscaping creates a sense of comfort and seclusion. A back gate leads to a short walk over the dunes to the undeveloped natural beach--where sand, sea oats, and the beautiful Emerald waters of the Gulf, makes it feel like your own private stretch of coastline. This home provides you with an Open-concept main level with sliding glass doors that flow onto a covered screened patio for seamless indoor/outdoor living. The Primary suite is on the main level, plus an additional bedroom provides flexibility and convenience. The indoor elevator adds access to all levels. Second floor features its own living space with a family room, open office area, two guest bedrooms, and a bunk room--perfect for large gatherings, multi-family vacations, or rental flexibility. Bedrooms and the family room access the expansive covered balcony with seasonal Gulf views and refreshing sea breezes. The upstairs bunk room with twin beds gives more flexibility for guests which is perfect for hosting large families or groups. Premium Features & Upgrades are, • Double crown molding throughout main living areas and the Primary bedroom, Single crown molding in guest bedrooms, 9 Inch baseboards throughout, 8 ft tall solid wood doors throughout the home, and 4 Inch Plantation Shutters throughout. • Soaring 12-foot ceilings on the lower level and 10-foot ceilings upstairs. Surround sound system in Living room. Garage Attic space completely covered in 1'' plywood for added storage. • Tankless hot water heater for efficiency and convenience. Trex deck with railing for ease in maintenance • The house is wired for a whole-house generator and a future swimming pool installation. Tons of Storage! • Gulf Vista is a non-HOA Neighborhood with underground utilities, preserving both reliability and beauty. • The Outdoor shower is ideal for rinsing off after beach days. This home is a short drive to 30A, Rosemary Beach, premier restaurants and shopping. Pier Park is a destination with a variety of restaurants, shopping, an IMAX theater, and exciting new attractions including Dolly Parton's Pirates Voyage Dinner Show and Topgolf. This thoughtfully designed Luxury Custom built home offers the best of both worlds: a serene coastal retreat for your family and a high-demand short-term rental opportunity in one of Florida's most coveted beach destinations, Panama City Beach, FL .

Details
Maps
Listing Info, Tax and Legal
Homestead: Yes
HOA Fee: No
New Buyer Fee: No
Last Taxes: 7111
Last Tax Year: 2025
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 976.26
Status: Active
List Date: 2026-02-05
List Price: $3,495,000
Current Price: $3,495,000
Location
Sub Area: 0324 - Beach - West Central
Community/Resort: Gulf Vista
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Take Hwy 98 - Panama City Beach Parkway to the West end of Panama City Beach, turn South on Downing St. If going West, turn Left on Downing St which is at the flashing light for the Fire Station. Go 1 mile and property will be on the left.
Area: 03 - Bay County - Beach
Street #: 167
Street Name: Downing
Street Suffix: Street
State: FL
Zip Code: 32413
County: Bay
Subdivision: Gulf Vista Sec 2
Parcel ID: 35370-512-000
Legal Description: GULF VISTA SEC 2 13B4 LOT 34 & PORTION ON LOT 35 DESC AS: COM AT NE COR LOT 35 NELY 80' TO NE COR LOT 34 S 139.62' TO SE COR LOT 34 NWLY 34.83' SWLY 48.67' W 24.19' TO SELY COR LOT 35 NWLY 27.99' N 125' TO S RD R/W NELY 20' TO POB BLK A ORB 3648 P 12 19
General Property Info
Acreage: 0.34
Design: Craftsman Style
Lot Size (SqFt): 14593
Apx SqFt(Htd/Cooled): 3580
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: An Appraiser
Half Baths: 1
# of Stories in Building: 2
Lot Dimensions: 117x98x136x46x46x17x28
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 4
Total Baths: 5
Year Built: 2021
Remarks & Misc
Remarks: **JUST REDUCED!!** Luxury Beach Retreat Home for Sale in the West end of Panama City Beach, FL. Come and Experience the ultimate beach lifestyle in this stunning custom-built home on Panama City Beach's quiet and desirable West End. Completed in 2021 by acclaimed builder Rick Koehnemann of Koehnemann Construction, this 4-bedroom, 4 1/2 bathroom home combines exquisite craftsmanship with modern amenities. This Property offers both luxury living and exceptional rental potential. This home was designed for Comfort, Relaxation & Entertaining! Just a few houses from the beach on an oversized lot, the property provides a spacious outdoor yard with room to design your own swimming pool. A fully fenced backyard with privacy fencing and beautiful, mature landscaping creates a sense of comfort and seclusion. A back gate leads to a short walk over the dunes to the undeveloped natural beach--where sand, sea oats, and the beautiful Emerald waters of the Gulf, makes it feel like your own private stretch of coastline. This home provides you with an Open-concept main level with sliding glass doors that flow onto a covered screened patio for seamless indoor/outdoor living. The Primary suite is on the main level, plus an additional bedroom provides flexibility and convenience. The indoor elevator adds access to all levels. Second floor features its own living space with a family room, open office area, two guest bedrooms, and a bunk room--perfect for large gatherings, multi-family vacations, or rental flexibility. Bedrooms and the family room access the expansive covered balcony with seasonal Gulf views and refreshing sea breezes. The upstairs bunk room with twin beds gives more flexibility for guests which is perfect for hosting large families or groups. Premium Features & Upgrades are, • Double crown molding throughout main living areas and the Primary bedroom, Single crown molding in guest bedrooms, 9 Inch baseboards throughout, 8 ft tall solid wood doors throughout the home, and 4 Inch Plantation Shutters throughout. • Soaring 12-foot ceilings on the lower level and 10-foot ceilings upstairs. Surround sound system in Living room. Garage Attic space completely covered in 1'' plywood for added storage. • Tankless hot water heater for efficiency and convenience. Trex deck with railing for ease in maintenance • The house is wired for a whole-house generator and a future swimming pool installation. Tons of Storage! • Gulf Vista is a non-HOA Neighborhood with underground utilities, preserving both reliability and beauty. • The Outdoor shower is ideal for rinsing off after beach days. This home is a short drive to 30A, Rosemary Beach, premier restaurants and shopping. Pier Park is a destination with a variety of restaurants, shopping, an IMAX theater, and exciting new attractions including Dolly Parton's Pirates Voyage Dinner Show and Topgolf. This thoughtfully designed Luxury Custom built home offers the best of both worlds: a serene coastal retreat for your family and a high-demand short-term rental opportunity in one of Florida's most coveted beach destinations, Panama City Beach, FL .
Balcony
Second: 1
Bunk Room
Second: 1
Dining Room
First: 1
Family Room
Second: 1
Office
Second: 1
Screened Porch
First: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Double: 1
Oven - Gas: 1
Range - Gas: 1
Refrigerator: 1
Washer: 1
Water Heater - Tankless: 1
Interior Features
Bookcases: 1
Breakfast Bar: 1
Ceiling - Cathedral: 1
Ceiling - Crwn Molding: 1
Ceiling - Raised: 1
Elevator: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lighting - Recessed: 1
Pantry: 1
Plantation Shutters: 1
Pull Down Stairs: 1
Split Bedroom: 1
Stairs: 1
Window - Treatment Some: 1
Construction/Siding
Foundation - Slab on Grade: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Fenced Privacy: 1
Patio Covered: 1
Patio Enclosed: 1
Porch Covered: 1
Sprinkler System: 1
Financing
Cash: 1
Conventional: 1
VA: 1
Furnished
Negotiable: 1
Interior
Bonus Room: 1
Bunk Room: 1
Floor - Carpet: 1
Living Room
First: 1
Lot Features
Landscaped: 1
Near Beach Access: 1
Survey Available: 1
Within 1/2 Mile to Water: 1
Lot Access
County Road: 1
Paved Road: 1
Parking Features
Driveway: 1
Garage Attached: 1
Paver Block: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
Rooms
Balcony: 1
Bedroom: 1
Bunk Room: 1
Dining Room: 1
Family Room: 1
Living Room: 1
Master Bedroom: 1
Office: 1
Screened Porch: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Natural Gas - Connected: 1
Public Water - Connected: 1
Septic Tank: 1
Underground Utilities: 1
Waterview
Gulf: 1
Accessibility Features
Accessible Elevator Installed: 1
Accessible Full Bath: 1
Visitor Bathroom: 1
Master Bedroom
First: 1
Bedroom
First: 1
Second: 1
Cooling
Central Air: 1
Electric: 1
Multi Units: 1
Heating
Central: 1
Electric: 1
Security Features
Smoke Detector(s): 1
Property Features
Accessibility Features: Accessible Elevator Installed; Accessible Full Bath; Visitor Bathroom
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven - Double; Oven - Gas; Range - Gas; Refrigerator; Washer; Water Heater - Tankless
Master Bedroom: First
Bedroom: First; Second
Cooling: Central Air; Electric; Multi Units
Heating: Central; Electric
Exterior: Balcony; Fenced Back Yard; Fenced Privacy; Patio Covered; Patio Enclosed; Porch Covered; Sprinkler System
Financing: Cash; Conventional; VA
Furnished: Negotiable
Interior: Bonus Room; Bunk Room; Floor - Carpet
Living Room: First
Lot Features: Landscaped; Near Beach Access; Survey Available; Within 1/2 Mile to Water
Lot Access: County Road; Paved Road
Balcony: Second
Bunk Room: Second
Dining Room: First
Family Room: Second
Office: Second
Security Features: Smoke Detector(s)
Screened Porch: First
Parking Features: Driveway; Garage Attached; Paver Block
Rooms: Balcony; Bedroom; Bunk Room; Dining Room; Family Room; Living Room; Master Bedroom; Office; Screened Porch
Utilities: TV Cable; Electricity - Connected; Natural Gas - Connected; Public Water - Connected; Septic Tank; Underground Utilities
Waterview: Gulf
Room Information
Room Name Level Dimensions Length Width Dimensions Remarks
Living RoomFirst23 x 1523.0015.0023 x 15
Master BedroomFirst15 x 1415.0014.0015 x 14
BedroomFirst13 x 1713.0017.0013 x 17
Dining RoomFirst10 x 1510.0015.0010 x 15
Screened PorchFirst12 x 712.007.0012 x 7
BedroomSecond12 x 1412.0014.0012 x 14
BedroomSecond11 x 1511.0015.0011 x 15
Bunk RoomSecond13 x 913.009.0013 x 9Has Twin beds in room
Family RoomSecond10 x 1510.0015.0010 x 15Open Room on 2nd Floor
BalconySecond22 x 1022.0010.0022 x 10Open Balcony on 2nd Floor
OfficeSecond18 x 1718.0017.0018 x 17At top of stairs

Listing Office: Berkshire Hathaway HomeServices Beach Properties of Florida

Last Updated: April - 24 - 2026

Information deemed reliable but not guaranteed.