21506 Dolphin Avenue, Panama City Beach, FL 32413 (MLS# 792882)

List Price/SqFt: 376.31

Status: Active

List Date: 2026-07-20

List Price: $575,000

Current Price: $575,000

Sub Area: 0324 - Beach - West Central

Community/Resort: Riviera Beach

Waterfront: No

Elementary School: West Bay

Middle School: Surfside

High School: Arnold

Directions: Driving west on Panama City Beach Pkwy, turn left on Marlin Ave, then left on Riviera Drive. Turn right onto Dolphin Ave

Area: 03 - Bay County - Beach

Street #: 21506

Street Name: Dolphin

Street Suffix: Avenue

State: FL

Zip Code: 32413

County: Bay

Subdivision: Riviera Beach

Parcel ID: 35591-000-000

Legal Description: RIVIERA BEACH MAP-13B4- LOT 235 ORB 1853 P 1486 ORB 2787 P 487

Acreage: 0.13

Design: Beach House

Lot Size (SqFt): 5500

Apx SqFt(Htd/Cooled): 1528

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 50.0 ft x 110.0 ft

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Private

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 1997

HOA Fee: No

New Buyer Fee: No

Last Tax Year: 2025

Brokerage Interest: No Interest

Remarks: Projected to gross over $80,000 in 2026, this exceptional West End vacation rental is a proven income-producing property--and one of the few homes in the area featuring a private pool! With over $72,000 in rental income in 2025, a brand-new roof, and a prime Panama City Beach location, this turnkey investment is ready to start generating returns from day one. Ideally situated on the highly desirable West End of Panama City Beach, guests love the easy access to the sugar-white sand beaches, local restaurants, shopping, and popular attractions. Inside, the home offers new luxury vinyl plank flooring throughout the living areas and three bedrooms, plus an additional flexible sleeping space to maximize occupancy and rental potential. Step outside to your own private, screened-in pool--an amenity that sets this property apart in an area where homes with pools are rare and highly sought after. The garage has been thoughtfully converted into a fourth bedroom while still providing a separate storage area and can easily be converted back to a garage if desired. Whether you're looking to expand your investment portfolio or own your own piece of paradise with outstanding income potential, this property checks all the boxes. Schedule your private showing today and discover why this is one of the West End's standout vacation rental opportunities.

First: 1

Inground: 1

Screened In: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Converted Garage: 1

Floor - Tile: 1

Lock Out Closet: 1

Pantry: 1

Window - Treatment All: 1

Roof - Dimensional Shg: 1

Siding - Stucco: 1

Fenced Privacy: 1

Patio Covered: 1

Cash: 1

Conventional: 1

FHA: 1

VA: 1

Furnished: 1

Floor - Carpet: 1

First: 1

Within 1/2 Mile to Water: 1

County Road: 1

Paved Road: 1

Driveway: 1

Bedroom: 1

Dining Room: 1

Living Room: 1

Primary Bedroom: 1

Electricity - Connected: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBed Walk-in Closet: 1

MBath Shower/Tub Combo: 1