301 Trieste Boulevard
Panama City Beach, FL 32407
MLS# 790004
4 beds | 4 baths | 3279 sqft
Property DescriptionThis large Mediterranean-style residence presents a rare value-add opportunity in Trieste, one of Panama City Beach's most private and upscale gated communities, ideally located between Pier Park, the Gulf of Mexico, and St. Andrews Bay.
Offering 3,265 heated and cooled square feet and 4,248 square feet under roof, the home features four or five bedrooms with . The previous owners used the downstairs fifth-bedroom space as an office, but its generous walk-in closet makes it well suited for use as an additional bedroom.
Built by Koehnemann Construction as a 2007 Parade of Homes entry, the residence showcases architectural character that is difficult to duplicate today. Timeless details include 10- to 12-foot ceilings, a dramatic two-story great room with a fireplace, solid wood plantation shutters on most all windows, spacious living areas, multiple porches, and an open upstairs family room overlooking the great room below.
The generously sized kitchen features granite countertops, custom hand-rubbed stained cabinetry, stainless-steel appliances, gas cooking, and a large walk-in pantry. The huge downstairs primary suite offers privacy and convenience, along with an elegant trayed ceiling.
Ready for its next chapter, the home is move-in ready while offering an exciting opportunity to gradually add personal style and create additional equity. The primary opportunities include interior and exterior paint, updated flooring, and personalized design selections. Trieste has demonstrated strong luxury resale value, with previous sales ranging from approximately $304 to $505 per square foot, and renovated homes in the community have supported substantially higher values.
A standout feature is the home's hurricane protection. Metal storm shutters lower over three entry areas, protecting the front and rear entrances as well as the balcony doors. This provides added peace of mind and offer potential insurance benefits.
Additional features include natural gas, three-phase electric service, Extra large walk-in attic storage, multiple porches, stainless-steel appliances, and a versatile floor plan designed for both comfortable everyday living and entertaining. The rear porch also includes a powder room just inside door that could serve as a convenient pool bath should the next owner choose to add a pool. Currently Backyard is Brick pavers and artificial turf or grass great for a putting green or small pets.
For the buyer, investor, or luxury renovation specialist seeking privacy, prestige, a premier location, and the opportunity to create a customized residence with substantial upside, this is one of the most compelling opportunities currently available in Trieste and the Panama City Beach market.
List Price/SqFt: 242.73
Status: Active
List Date: 2026-05-15
List Price: $795,900
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: This large Mediterranean-style residence presents a rare value-add opportunity in Trieste, one of Panama City Beach's most private and upscale gated communities, ideally located between Pier Park, the Gulf of Mexico, and St. Andrews Bay.
Offering 3,265 heated and cooled square feet and 4,248 square feet under roof, the home features four or five bedrooms with . The previous owners used the downstairs fifth-bedroom space as an office, but its generous walk-in closet makes it well suited for use as an additional bedroom.
Built by Koehnemann Construction as a 2007 Parade of Homes entry, the residence showcases architectural character that is difficult to duplicate today. Timeless details include 10- to 12-foot ceilings, a dramatic two-story great room with a fireplace, solid wood plantation shutters on most all windows, spacious living areas, multiple porches, and an open upstairs family room overlooking the great room below.
The generously sized kitchen features granite countertops, custom hand-rubbed stained cabinetry, stainless-steel appliances, gas cooking, and a large walk-in pantry. The huge downstairs primary suite offers privacy and convenience, along with an elegant trayed ceiling.
Ready for its next chapter, the home is move-in ready while offering an exciting opportunity to gradually add personal style and create additional equity. The primary opportunities include interior and exterior paint, updated flooring, and personalized design selections. Trieste has demonstrated strong luxury resale value, with previous sales ranging from approximately $304 to $505 per square foot, and renovated homes in the community have supported substantially higher values.
A standout feature is the home's hurricane protection. Metal storm shutters lower over three entry areas, protecting the front and rear entrances as well as the balcony doors. This provides added peace of mind and offer potential insurance benefits.
Additional features include natural gas, three-phase electric service, Extra large walk-in attic storage, multiple porches, stainless-steel appliances, and a versatile floor plan designed for both comfortable everyday living and entertaining. The rear porch also includes a powder room just inside door that could serve as a convenient pool bath should the next owner choose to add a pool. Currently Backyard is Brick pavers and artificial turf or grass great for a putting green or small pets.
For the buyer, investor, or luxury renovation specialist seeking privacy, prestige, a premier location, and the opportunity to create a customized residence 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 | Remarks |
| Balcony | Second | 20 x 6 | 20.00 | 6.00 | |
| Office | First | 16 x 12 | 16.00 | 12.00 | Office /Study/ 5th bedroom |
| Primary Bedroom | First | 22 x 14 | 22.00 | 14.00 | |
| Loft | Second | 19 x 16 | 19.00 | 16.00 | |
| Primary Bedroom | Second | 22.75 x 14 | 22.75 | 14.00 | |
| Bedroom | Second | 14 x 13 | 14.00 | 13.00 | |
| Bedroom | Second | 14 x 12 | 14.00 | 12.00 | |
| Dining Room | First | 14 x 14 | 14.00 | 14.00 | |
| Great Room | First | 22.75 x 20 | 22.75 | 20.00 | |
| Kitchen | First | 16 x 13 | 16.00 | 13.00 | |
| Breakfast Room | First | 13 x 12.5 | 13.00 | 12.50 | |
| Laundry | First | 10 x 9 | 10.00 | 9.00 | |
| Full Bathroom | Second | 8 x 7 | 8.00 | 7.00 | |
| Full Bathroom | Second | 8.5 x 7 | 8.50 | 7.00 | |
| Half Bathroom | First | 8 x 4 | 8.00 | 4.00 | Right beside Garage entry into house |
| Deck/Patio | First | 15 x 8 | 15.00 | 8.00 | Enclosed screened porch back of home |
| Covered Porch | First | 18 x 5 | 18.00 | 5.00 | Covered Porch front of home |
| Garage | First | 23 x 20 | 23.00 | 20.00 | |
Listing Office: LPT Realty LLC
Last Updated: July - 18 - 2026
Information deemed reliable but not guaranteed.