$749,000
Panama City Beach, FL 32413
MLS# 784060
8 beds | 6 baths | 1040 sqft
1 / 82
Property Description
MOTIVATED SELLER!! Rare investment opportunity -- own half a block in one purchase. 325, 327 & 329 Hibiscus Dr feature three separate homes on individual lots with separate parcel IDs, electric, and water meters, located on a quiet dead-end street. Ideal for investors or owner-occupants looking to live in one and rent the others for optimal financing. Strong long-term rental income with significant upside as short-term rentals, with projected returns up to $90K annually. Properties are fully updated and turn-key, offering a shared swimming pool with lounge area, ample parking, and RV hookups with space to park and service an RV. Property details: • 325 Hibiscus Dr - Fully remodeled, Hardie board siding, 2BR/2BA, covered front porch, remodeled shed • 327 Hibiscus Dr - 3BR/2BA • 329 Hibiscus Dr - 3BR/2BA with carport Multiple income strategies, rare scale, and location advantage--a truly unique portfolio opportunity.
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2325
Last Tax Year: 2025
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 720.19
Status: Active
List Date: 2026-01-22
List Price: $749,000
Current Price: $749,000
Location
Sub Area: 0324 - Beach - West Central
Community/Resort: Laguna Beach
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: West on Back Beach Road past Hwy. 79. Left on Oleander, Right on Alta Vista, Right on Hibiscus. Property on Left.
Area: 03 - Bay County - Beach
Street #: 325,27&29
Street Name: Hibiscus
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Subdivision: Laguna Beach Estates
Parcel ID: 36965-010-000
Legal Description: LAGUNA BEACH ESTATES 7TH ADD LOT 12 BLK 35 ORB 4502 P 145
General Property Info
Acreage: 0.38
Design: Double Wide
Lot Size (SqFt): 16500
Apx SqFt(Htd/Cooled): 1040
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 150 x 110
New Construction: No
Garage Y/N: No
Driveway Spaces: 12
Pool: Yes
Pool Type: Private
Sub-Type: Mobile/Manufactured
Bedrooms: 8
Full Baths: 6
Total Baths: 6
Year Built: 1999
Remarks & Misc
Remarks: MOTIVATED SELLER!! Rare investment opportunity -- own half a block in one purchase.
325, 327 & 329 Hibiscus Dr feature three separate homes on individual lots with separate parcel IDs, electric, and water meters, located on a quiet dead-end street. Ideal for investors or owner-occupants looking to live in one and rent the others for optimal financing.
Strong long-term rental income with significant upside as short-term rentals, with projected returns up to $90K annually. Properties are fully updated and turn-key, offering a shared swimming pool with lounge area, ample parking, and RV hookups with space to park and service an RV.
Property details:
• 325 Hibiscus Dr - Fully remodeled, Hardie board siding, 2BR/2BA, covered front porch, remodeled shed
• 327 Hibiscus Dr - 3BR/2BA
• 329 Hibiscus Dr - 3BR/2BA with carport
Multiple income strategies, rare scale, and location advantage--a truly unique portfolio opportunity.
Master Bathroom
First: 1
Pool Features
Inground: 1
Exterior
Porch Covered: 1
Other Structures
Shed(s): 1
Workshop: 1
Furnished
Unfurnished: 1
Parking Features
Additional Parking: 1
Carport Attached: 1
Driveway: 1
Parking Lot: 1
RV Access/Parking: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Master Bathroom: 1
Master Bedroom: 1
Utilities
Public Water - Connected: 1
Septic Tank: 1
Full Bathroom
First: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heat Pump: 1
Heating
Heat Pump: 1
Property Features
Full Bathroom: First
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Heat Pump
Heating: Heat Pump
Exterior: Porch Covered
Furnished: Unfurnished
Master Bathroom: First
Pool Features: Inground
Parking Features: Additional Parking; Carport Attached; Driveway; Parking Lot; RV Access/Parking
Other Structures: Shed(s); Workshop
Rooms: Bedroom; Full Bathroom; Master Bathroom; Master Bedroom
Utilities: Public Water - Connected; Septic Tank
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 12 x 12 | 12.00 | 12.00 | 12 x 12 |
| Bedroom | First | 12 x 10 | 12.00 | 10.00 | 12 x 10 |
| Full Bathroom | First | 5 x 8 | 5.00 | 8.00 | 5 x 8 |
| Full Bathroom | First | 8 x 5 | 8.00 | 5.00 | 8 x 5 |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Master Bedroom | First | 9 x 12 | 9.00 | 12.00 | 9 x 12 |
| Bedroom | First | 11 x 13 | 11.00 | 13.00 | 11 x 13 |
| Master Bathroom | First | 14 x 11 | 14.00 | 11.00 | 14 x 11 |
Listing Office: Sand Seeker Realty LLC
Last Updated: March - 25 - 2026
Information deemed reliable but not guaranteed.