301 Trieste Boulevard
Panama City Beach, FL 32407
MLS# 790004
4 beds | 4 baths | 3279 sqft
Property DescriptionTrieste has demonstrated strong luxury resale value, with previous sales between 304.00 and 505.00 per square foot. This makes the property especially compelling for a buyer, investor, or luxury renovation specialist looking for a value-add opportunity in a gated Panama City Beach community where renovated homes have supported substantially higher values., , y. Luxury value-add opportunity in Trieste, one of Panama City Beach's most private and upscale gated communities, ideally located between Pier Park, the Gulf, and St. Andrews Bay. This Mediterranean-style residence offers approximately 3,265 heated and cooled square feet, 4,248 square feet under roof, multiple porches, beautiful privacy, and the kind of architectural character that is hard to duplicate today.
Built by Koehnemann Construction as a Parade of Homes entry in 2007, this home was designed with timeless details including 10-foot ceilings, a dramatic two-story great room, solid wood plantation shutters on most all windows fireplace, spacious living areas, and an open upstairs family room overlooking the great room below. The home has now been completely emptied and is ready for its next chapter, making it an ideal opportunity for a buyer, investor, or luxury renovation specialist looking to create a stunning custom residence in one of Panama City Beach's most desirable gated communities.
The kitchen is generously sized and features granite countertops, custom hand-rubbed stained cabinetry, stainless appliances, gas cooking, and a large walk-in pantry. The downstairs primary suite offers a trayed ceiling, privacy, and convenience, while the downstairs study could easily function as a fifth bedroom with its own good-sized walk-in closet.
This property is ready for a luxury refresh, with the biggest opportunities being cosmetic updates, interior and exterior paint, flooring or design selections, and personal finish choices. Comparable renovated homes in the neighborhood support much higher values, making this a rare chance to create equity instead of paying top dollar for someone else's renovation.
A standout feature is the home's hurricane protection. There are three areas with metal storm doors that lower over the front and rear doors, as well as the balcony doors, offering added peace of mind and potential insurance advantages. Additional features include natural gas, three-phase electric, stainless appliances, walk-in attic storage, multiple porches, Mediterranean architectural charm, and a floor plan that works beautifully for both everyday living and entertaining.
The back porch also includes a powder room, ideal for use as a future pool bath should a buyer choose to add a pool. For the buyer who wants privacy, prestige, location, and the opportunity to create a luxury home with substantial upside, this is one of the most compelling opportunities currently available in Trieste and the Panama City Beach market.
List Price/SqFt: 243.95
Status: Active
List Date: 2026-05-15
List Price: $799,900
Sub Area: 0321 - Beach - North Central
Community/Resort: None
Waterfront: No
Elementary School: Hutchison Beach
Middle School: Surfside
High School: Arnold
Directions: GOING WEST ON PCB PARKWAY (HWY 98) TURN RIGHT INTO Legends GOLF ENTRANCE. TAKE A LEFT AT STOP SIGN. FOLLOW FAIRWAY BLVD TO MOONLIGHT BAY DRIVE. STAY ON MOONLIGHT BAY FOR 1-2 MILES. TRIESTE IS A GATED S/D ON THE RIGHT. FOLLOW TRIESTE BLVD TO MIRASOL WAY. HOME IS LOCATED ON THE CORNER OF TRIESTE AND MIRASOL. GATE CODE NEEDED TO ACCESS S/D. If coming from Hwy 79 turn by the new Hospital take new rd
Area: 03 - Bay County - Beach
Street #: 301
Street Name: Trieste
Street Suffix: Boulevard
State: FL
Zip Code: 32407
County: Bay
Subdivision: Trieste
Parcel ID: 32731-235-000
Legal Description: TRIESTE PH 2 15 3S 16W 37A LOT 35 ORB 3522 P 1705
Acreage: 0.3
Design: Mediterranean
Lot Size (SqFt): 13286
Apx SqFt(Htd/Cooled): 3279
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 2
Pre-Const Flip: No
Lot Dimensions: 112X110X128X110
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: No
Sub-Type: Detached Single Family
Total Baths: 4
Year Built: 2007
Homestead: No
HOA Fee: Yes
HOA Amount: 1600
HOA Frequency: Annually
HOA Annual Amount: 1600
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 5999
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks: Trieste has demonstrated strong luxury resale value, with previous sales between 304.00 and 505.00 per square foot. This makes the property especially compelling for a buyer, investor, or luxury renovation specialist looking for a value-add opportunity in a gated Panama City Beach community where renovated homes have supported substantially higher values., , y. Luxury value-add opportunity in Trieste, one of Panama City Beach's most private and upscale gated communities, ideally located between Pier Park, the Gulf, and St. Andrews Bay. This Mediterranean-style residence offers approximately 3,265 heated and cooled square feet, 4,248 square feet under roof, multiple porches, beautiful privacy, and the kind of architectural character that is hard to duplicate today.
Built by Koehnemann Construction as a Parade of Homes entry in 2007, this home was designed with timeless details including 10-foot ceilings, a dramatic two-story great room, solid wood plantation shutters on most all windows fireplace, spacious living areas, and an open upstairs family room overlooking the great room below. The home has now been completely emptied and is ready for its next chapter, making it an ideal opportunity for a buyer, investor, or luxury renovation specialist looking to create a stunning custom residence in one of Panama City Beach's most desirable gated communities.
The kitchen is generously sized and features granite countertops, custom hand-rubbed stained cabinetry, stainless appliances, gas cooking, and a large walk-in pantry. The downstairs primary suite offers a trayed ceiling, privacy, and convenience, while the downstairs study could easily function as a fifth bedroom with its own good-sized walk-in closet.
This property is ready for a luxury refresh, with the biggest opportunities being cosmetic updates, interior and exterior paint, flooring or design selections, and personal finish choices. Comparable renovated homes in the neighborhood support much higher values, making this a rare chance to create equity instead of paying top dollar for someone else's renovation.
A standout feature is the home's hurricane protection. There are three areas with metal storm doors that lower over the front and rear doors, as well as the balcony doors, offering added peace of mind and potential insurance advantages. Additional features include natural gas, three-phase electric, stainless appliances, walk-in attic storage, multiple porches, Mediterranean architectural charm, and a floor plan that works beautifully for both everyday living and entertaining.
The back porch also includes a powder room, ideal for use as a future pool bath should a buyer choose to add a pool. For the buyer who wants privacy, prestige, location, and the opportunity to create a luxury home with substantial upside, this is one of the most compelling opportunities currently available in Trieste and the Panama City Beach market.
Cooktop - Gas: 1
Dishwasher: 1
Disposal: 1
ENERGY STAR Qualified Appliances: 1
Ceiling - Cathedral: 1
Ceiling - Crwn Molding: 1
Ceiling - Raised: 1
Floor - Tile: 1
Pull Down Stairs: 1
Stairs: 1
Foundation - Slab on Grade: 1
Roof - Tile/Slate: 1
Balcony: 1
Deck Enclosed: 1
Deck Open: 1
Double Pane Windows: 1
Fenced Back Yard: 1
Shower: 1
Accounting: 1
Advertising: 1
Gated Community: 1
Legal: 1
Management: 1
Other - See Remarks: 1
Ceiling - Tray: 1
Floor - Carpet: 1
Corner Lot: 1
Covenants & Rescrictions: 1
Subdivision - Recorded: 1
Comm/Own/Maint: 1
Paved Road: 1
Driveway: 1
Paver Block: 1
Breakfast Room: 1
Covered Porch: 1
Deck/Patio: 1
Dining Room: 1
Full Bathroom: 1
Garage: 1
Great Room: 1
Half Bathroom: 1
Loft: 1
Primary Bedroom: 1
Cable - Available: 1
Electricity - Connected: 1
Garbage: 1
Natural Gas - Connected: 1
Internet - Fiber Optic: 1
Phone - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Attic Fan: 1
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
ENERGY STAR Qualified Equipment: 1
Central: 1
ENERGY STAR Qualified Equipment: 1
MBath Double Vanity: 1
MBath Separate Shwr: 1
MBath Tub - Jetted: 1
MBath Tub - Soaking: 1
MBath Walk-In Closet: 1
MBed First Floor: 1
Gated Community: 1
Security Gate: 1
Appliances: Cooktop - Gas; Dishwasher; Disposal; ENERGY STAR Qualified Appliances; Refrigerator; Washer
Primary Bedroom: First; Second
Cooling: Attic Fan; Ceiling Fan(s); Central Air; Electric; ENERGY STAR Qualified Equipment
Heating: Central; ENERGY STAR Qualified Equipment; Fireplace(s)
Exterior: Balcony; Deck Enclosed; Deck Open; Double Pane Windows; Fenced Back Yard; Shower; Sprinkler System
Association Fees Include: Accounting; Advertising; Gated Community; Legal; Management; Other - See Remarks
Financing: Cash; Conventional; VA
Interior: Ceiling - Tray; Floor - Carpet
Lot Features: Corner Lot; Covenants & Rescrictions; Subdivision - Recorded
Lot Access: Comm/Own/Maint; Paved Road
Security Features: Gated Community; Security Gate
Parking Features: Driveway; Paver Block
Association Amenities: Separate Storage
Rooms: Balcony; Bedroom; Breakfast Room; Covered Porch; Deck/Patio; Dining Room; Full Bathroom; Garage; Great Room; Half Bathroom; Kitchen; Laundry; Loft; Primary Bedroom; Office
Utilities: Cable - Available; Electricity - Connected; Garbage; Internet - Fiber Optic; Natural Gas - Connected; Phone - Connected; Public Sewer - Connected; Public Water - Connected; Underground Utilities
Present Zoning: Resid Single Family
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Balcony | Second | 20 x 6 | 20.00 | 6.00 | 20 x 6 | |
| Office | First | 16 x 12 | 16.00 | 12.00 | 16 x 12 | Office /Study/ 5th bedroom |
| Loft | Second | 19 x 16 | 19.00 | 16.00 | 19 x 16 | |
| Bedroom | Second | 14 x 13 | 14.00 | 13.00 | 14 x 13 | |
| Bedroom | Second | 14 x 12 | 14.00 | 12.00 | 14 x 12 | |
| Dining Room | First | 14 x 14 | 14.00 | 14.00 | 14 x 14 | |
| Great Room | First | 22.75 x 20 | 22.75 | 20.00 | 22.75 x 20 | |
| Kitchen | First | 16 x 13 | 16.00 | 13.00 | 16 x 13 | |
| Breakfast Room | First | 13 x 12.5 | 13.00 | 12.50 | 13 x 12.5 | |
| Laundry | First | 10 x 9 | 10.00 | 9.00 | 10 x 9 | |
| Full Bathroom | Second | 8 x 7 | 8.00 | 7.00 | 8 x 7 | |
| Full Bathroom | Second | 8.5 x 7 | 8.50 | 7.00 | 8.5 x 7 | |
| Half Bathroom | First | 8 x 4 | 8.00 | 4.00 | 8 x 4 | Right beside Garage entry into house |
| Deck/Patio | First | 15 x 8 | 15.00 | 8.00 | 15 x 8 | Enclosed screened porch back of home |
| Covered Porch | First | 18 x 5 | 18.00 | 5.00 | 18 x 5 | Covered Porch front of home |
| Garage | First | 23 x 20 | 23.00 | 20.00 | 23 x 20 | |
Listing Office: LPT Realty LLC
Last Updated: June - 12 - 2026
Information deemed reliable but not guaranteed.