2432 Valley Oak Court
Panama City, FL 32408
MLS# 797611
4 beds | 4 baths | 2196 sqft
Property DescriptionDiscover an incredible investment opportunity on Panama City Beach! This well-maintained duplex, built in 2019, features two spacious units, each offering 2 bedrooms and 2 bathrooms. Ideally located in the desirable North Lagoon area, the property is just approximately 2 minutes from the beach, making it an excellent opportunity for both investors and those looking to own a beach property.
Each unit has separate electric and water meters, providing added convenience and flexibility for ownership and management. One unit is currently occupied, offering immediate rental income, while the other provides additional income potential. With short term rentals allowed, this property offers outstanding flexibility for vacation rental income, long term tenants, or a combination of both. Call today for showing instructions.
Acreage: 0.26
Design: Duplex
Lot Size (SqFt): 10890
Apx SqFt(Htd/Cooled): 2196
Construction Status: Construction Complete
SqFt Source: Prop App Site
Accessory Dwelling Unit: No
Lot Dimensions: 75.0 ft x 150.0 ft
New Construction: No
Garage Y/N: Yes
Sub-Type: Multi-Unit
Bedrooms: 4
Full Baths: 4
Total Baths: 4
List Price/SqFt: 216.3
Status: Active
List Date: 2026-11-16
List Price: $475,000
Sub Area: 0319 - Beach - East
Community/Resort: North Lagoon Oaks
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Heading South on Thomas Drive, turn right onto Summer Oak Drive. Make a right onto Grand Oaks Lane and then make a left on Valley Oak Court. Duplex will be on the left.
Area: 03 - Bay County - Beach
Street #: 2432
Street Name: Valley Oak
Street Suffix: Court
State: FL
Zip Code: 32408
County: Bay
Subdivision: North Lagoon Oaks
Parcel ID: 30167-808-000
Legal Description: NORTH LAGOON OAKS 7TH ADD. LOT 2 BLK D ORB 4713 P 2049
HOA Fee: No
New Buyer Fee: No
Last Taxes: 5684.85
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: Discover an incredible investment opportunity on Panama City Beach! This well-maintained duplex, built in 2019, features two spacious units, each offering 2 bedrooms and 2 bathrooms. Ideally located in the desirable North Lagoon area, the property is just approximately 2 minutes from the beach, making it an excellent opportunity for both investors and those looking to own a beach property.
Each unit has separate electric and water meters, providing added convenience and flexibility for ownership and management. One unit is currently occupied, offering immediate rental income, while the other provides additional income potential. With short term rentals allowed, this property offers outstanding flexibility for vacation rental income, long term tenants, or a combination of both. Call today for showing instructions.
Dishwasher: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Water Heater - Electric: 1
Foundation - Slab on Grade: 1
Roof - Dimensional Shg: 1
Siding - Hardie Board: 1
Trim - Hardie Board: 1
Fenced Back Yard: 1
Patio Open: 1
City Street: 1
Paved Road: 1
Driveway: 1
Garage Attached: 1
Public Sewer - Connected: 1
Septic Tank: 1
Ceiling Fan(s): 1
Central Air: 1
Appliances: Dishwasher; Microwave; Range - Electric; Refrigerator; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air
Exterior: Fenced Back Yard; Patio Open
Financing: Cash; Conventional; FHA; VA
Lot Access: City Street; Paved Road
Parking Features: Driveway; Garage Attached
Rooms: Bedroom; Kitchen; Living Room
Utilities: Public Sewer - Connected; Septic Tank
| Room Name | Level | Dimensions | Length | Width |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 |
| Bedroom | First | 11 x 13 | 11.00 | 13.00 |
| Living Room | First | 19 x 13 | 19.00 | 13.00 |
| Kitchen | First | 11 x 8 | 11.00 | 8.00 |
Listing Office: CENTURY 21 Commander Realty
Last Updated: November - 13 - 2026
Information deemed reliable but not guaranteed.