$575,000
Panama City Beach, FL 32408
MLS# 782259
3 beds | 4 baths | 2112 sqft
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Property Description
Imagine your own fully furnished coastal retreat—two homes, one unbeatable opportunity—set less than a 1/2 mile from the shimmering sands of Panama City Beach. Nestled in the sought-after South Lagoon area, this turnkey property features a 2-bedroom, 3-bathroom main home with an additional bonus bunk room, perfect for hosting guests or maximizing short-term rental income ($84k RENTAL PROJECTIONS). Inside, a modern kitchen stuns with quartz countertops, stainless steel appliances, and a seamless open floor plan designed for easy living. Enjoy coffee on the upstairs balcony, soak under the stars in your private hot tub, or kick back in the breezy front patio area. But the standout feature? A fully equipped 1-bedroom, 1-bathroom guest house tucked away in the back—complete with its own driveway, kitchen, and separate entrance. Whether you're a house hacker, investor, or just someone who loves your friends and family—but not enough to let them stay in your house—this setup absolutely delivers. Ready to turn your investment goals into beachside reality? Schedule your private tour today.
Details
Maps
Contract Info
Status: Active
List Date: 2025-12-01
List Price: $575,000
List Price/SqFt: 272.25
Current Price: $575,000
Location
Area: 03 - Bay County - Beach
Street #: 3909
Street Name: Ray
Street Suffix: Street
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Holiday Beach Unit 7
Community/Resort: Holiday Beach
Waterfront: No
Parcel ID: 30753-032-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the intersection of Highway 98 and Navy Boulevard (Thomas Drive), head west on Thomas Drive, turn right onto Raven Street, take a left onto Sunset Avenue, and then turn right onto Ray Street; the property is located on the right.
Legal Description: HOLIDAY BEACH UNIT #7 LOT 18 BLK 2 ORB 4663 P 614
General Property Info
Sub-Type: Multi Family
Design: N/A
Apx SqFt(Htd/Cooled): 2112
SqFt Source: Prop App Site
Bedrooms: 3
Full Baths: 4
Total Baths: 4
Year Built: 1983
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 50 x 155
Acreage: 0.18
Lot Size (SqFt): 7710
Pool: No
Property Features
Appliances: Cooktop - Electric; Microwave; Oven - Electric; Refrigerator
Full Bathroom: First; Second
Master Bedroom: Second
Bedroom: Second
Cooling: Central Air
Heating: Central
Exterior: Balcony; Deck Covered; Fenced Back Yard; Patio Covered
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Interior: Bonus Room
Kitchen: First
Living Room: First
Lot Features: Within 1/2 Mile to Water
Bonus Room: Second
Master Bathroom: Second
Dining Room: First
Laundry: First
Pool Features: Spa/ Hot Tub
Other Structures: Guest House
Rooms: Bedroom; Bonus Room; Dining Room; Full Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom
Sale Type: As Is
Utilities: Cable - Available; Electricity - Connected; Public Water - Connected; Septic Tank
Waterview: Lagoon
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Dining Room | First | 6.8 x 9.7 | 6.80 | 9.70 | 6.8 x 9.7 |
| Kitchen | First | 18.7 x 9.7 | 18.70 | 9.70 | 18.7 x 9.7 |
| Living Room | First | 23 x 9.4 | 23.00 | 9.40 | 23 x 9.4 |
| Laundry | First | 7.8 x 9.4 | 7.80 | 9.40 | 7.8 x 9.4 |
| Full Bathroom | First | 5.3 x 9.4 | 5.30 | 9.40 | 5.3 x 9.4 |
| Bedroom | Second | 20.5 x 9.1 | 20.50 | 9.10 | 20.5 x 9.1 |
| Master Bedroom | Second | 16.8 x 9.7 | 16.80 | 9.70 | 16.8 x 9.7 |
| Bonus Room | Second | 10.3 x 9.1 | 10.30 | 9.10 | 10.3 x 9.1 |
| Master Bathroom | Second | 8.8 x 9.7 | 8.80 | 9.70 | 8.8 x 9.7 |
| Full Bathroom | Second | 5.1 x 9.8 | 5.10 | 9.80 | 5.1 x 9.8 |
Listing Office: REMAX By The Sea
Last Updated: December - 03 - 2025
Information deemed reliable but not guaranteed.