21104 S Lakeview Drive, Panama City Beach, FL 32413 (MLS# 787831)

List Price/SqFt: 319.5

Status: Active

List Date: 2026-04-02

List Price: $685,000

Current Price: $685,000

Sub Area: 0325 - Beach - West South

Community/Resort: Gulf Vista

Waterfront: No

Elementary School: West Bay

Middle School: Surfside

High School: Arnold

Directions: From front beach road, turn north onto Downing street. At the Y, stay left to s lakeview. Property will be on the left. From Hwy 98 turn south onto Downing street until it meets S Lakeview, then turn right. Home will be on the left.

Area: 03 - Bay County - Beach

Street #: 21104

Street Direction: S

Street Name: Lakeview

Street Suffix: Drive

State: FL

Zip Code: 32413

County: Bay

Subdivision: Gulf Vista

Parcel ID: 35370-730-000

Legal Description: GULF VISTA SEC 3 13B4 LOT 15 BLK E ORB 4398 P 776

Design: Duplex

Apx SqFt(Htd/Cooled): 2144

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 2

Lot Dimensions: 140x80

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Duplex Multi-Units

Bedrooms: 4

Full Baths: 2

Total Baths: 2

Year Built: 1994

HOA Fee: No

Is Subject Leased: Yes

Rent/Mo: 1775

New Buyer Fee: No

Last Taxes: 5603

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east--truly offering the best of both lifestyles.

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Vinyl Plank: 1

Stairs: 1

Window - Treatment Some: 1

Foundation - Slab on Grade: 1

Wood/Frame: 1

Roof - Composite Shngl: 1

Roof - Gutters: 1

Siding - Vinyl: 1

7 - 12 Months: 1

Fenced Back Yard: 1

Unfurnished: 1

Floor - Carpet: 1

First: 1

First: 1

Near Beach Access: 1

Paved Road: 1

Driveway: 1

Oversized: 1

Resid Multi-Family: 1

Bedroom: 1

Kitchen: 1

Living Room: 1

Electricity - Connected: 1

Internet - Broadband Available: 1

Public Water - Connected: 1

Septic Tank: 1

Second: 1

Electric: 1

Electric: 1

MBath Shower/Tub Combo: 1