2601 Oak Street, Panama City Beach, FL 32408 (MLS# 785430)

List Price/SqFt: 264.24

Status: Active

List Date: 2026-02-18

List Price: $385,000

Current Price: $385,000

Sub Area: 0319 - Beach - East

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From US Hwy. 98 (Back Beach Rd) turn onto Navy Blvd./Thomas Dr.; turn right onto Sunset Dr.; Sunset Dr. becomes Oak St. and the home will be on the left.

Area: 03 - Bay County - Beach

Street #: 2601

Street Name: Oak

Street Suffix: Street

State: FL

Zip Code: 32408

County: Bay

Subdivision: Treasure Cove

Parcel ID: 31011-000-000

Legal Description: TREASURE COVE LOTS 8 & 9 BLK 6 ORB 4109 P 575

Acreage: 0.36

Design: Traditional

Lot Size (SqFt): 15682

Apx SqFt(Htd/Cooled): 1457

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 157 x 100

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 2005

Homestead: Yes

HOA Fee: No

New Buyer Fee: No

Brokerage Interest: No Interest

As Is: Yes

Remarks: $40,000 PRICE IMPROVEMENT, House appraised February 2026 for $449,000. Instant EQUITY! Appraisal is available to be shared. Exceptional value on the East End of Panama City Beach. Rarely available, this property is on a DOUBLE LOT and includes a fenced side yard with buildable potential--a valuable and increasingly hard-to-find feature that significantly enhances both usability and long-term upside. This well-maintained, move-in-ready 3-bedroom, 2-bath home features a bright open layout with vaulted ceilings and a spacious living area that flows seamlessly into the kitchen and dining space. The kitchen offers ample counter space, pantry, breakfast bar, and a large dining area ideal for everyday living or entertaining. Durable luxury vinyl plank flooring runs throughout, providing a clean, cohesive look with low-maintenance appeal. The primary suite includes a walk-in closet and private bath, while the two additional bedrooms share a full bathroom, creating a practical layout for guests, family, or a home office. The home is currently on septic, with sewer available at the street--offering the option to connect. Once connected and the septic removed, the side yard provides ample space to accommodate a large pool. Outdoors, enjoy privacy-fenced side and backyard areas along with a storage building. The side yard itself offers exceptional flexibility--whether you envision adding a second residence, guest quarters, a detached garage, or creating dedicated space for a boat, work trailer, or additional parking. With sewer accessible, the groundwork is in place to maximize the property's full potential now or in the future. Conveniently located approximately a 10-minute drive to the nearest public beach access on Thomas Drive and St. Andrews State Park, and just minutes from local schools and Naval Support Activity Panama City, this property offers both accessibility and a quiet residential setting. A price improvement combined with added land flexibility makes this a compelling opportunity worth seeing in person. **All information and measurements are believed to be accurate; however, if important to the Buyer, they should be verified.

First: 1

First: 1

First: 1

Dishwasher: 1

Disposal: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Ceiling - Vaulted: 1

Floor - Vinyl Plank: 1

Pantry: 1

Split Bedroom: 1

Foundation - Slab on Grade: 1

Wood/Frame: 1

Roof - Dimensional Shg: 1

Siding - Stucco: 1

Fenced Back Yard: 1

Fenced Privacy: 1

Porch Covered: 1

Shed(s): 1

Unfurnished: 1

First: 1

Interior Lot: 1

Near Beach Access: 1

Survey Available: 1

Paved Road: 1

Driveway: 1

Paver Block: 1

MBath Double Vanity: 1

MBath Shower Only: 1

MBed Walk-in Closet: 1

Resid Single Family: 1

Bedroom: 1

Dining Room: 1

Laundry: 1

Living Room: 1

Master Bathroom: 1

Master Bedroom: 1

Electricity - Connected: 1

Sewer Available: 1

Public Water - Connected: 1

Septic Tank: 1

As Is: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Smoke Detector(s): 1