4011 Crescent Drive, Panama City, FL 32408 (MLS# 768695)

List Price/SqFt: 404.17

Status: Sold

List Date: 2025-02-12

List Price: $485,000

Current Price: $465,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: Thomas Dr. to Crescent. North on Crescent to Beach.

Area: 03 - Bay County - Beach

Street #: 4011

Street Name: Crescent

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Crescent Beach Unit 1

Parcel ID: 30903-010-000

Legal Description: Commence at the Northerly Comer of Lot 3, Block 18, Corrected Plat of Crescent Beach Unit No. 1, a subdivision as per map or plat thereof recorded in Plat Book 8, Page 50, of the Public Records of Bay County, Florida; thence runS 42°45'50'' W along the Northwesterly line of said Lot 3 and Lot 2 in said Block 18 for 24.00 feet to the Point of Beginning; thence continue S 42°45'01'' W. along said No

Acreage: 0.07

Design: Beach House

Lot Size (SqFt): 2962

Apx SqFt(Htd/Cooled): 1200

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 1

Pre-Const Flip: No

Lot Dimensions: 30x100

New Construction: Yes

Garage Y/N: No

Pool: No

Sub-Type: Detached Single Family

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 2023

HOA Fee: No

New Buyer Fee: No

Last Taxes: 3229

Last Tax Year: 2024

Brokerage Interest: No Interest

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Turnkey Beach Investment Property - New Construction, No HOA, Fully Furnished & Rental-Ready! Discover the perfect income-generating vacation home or short-term rental investment in Panama City Beach, Florida! 4011 Crescent Drive is a newly built, fully furnished, and turnkey property, ready to welcome guests and start generating revenue from day one—with no HOA restrictions. Prime Location - Walk to the Beach! Situated in the highly desirable East Panama City Beach area, this 3-bedroom, 2-bathroom home offers exceptional convenience: No HOA - No rental restrictions! 2 blocks to Beach Access 12 3 minutes to Dolphin Boat Ramp & Schooners Beachfront Restaurant 4 minutes to St. Andrews State Park & Publix 7 minutes to Hathaway Bridge 20 minutes to Pier Park for shopping, dining, and entertainment Modern & Move-In Ready Designed for comfort, style, and functionality, this home features: Granite countertops & high-end finishes throughout Luxury solid flooring for durability and easy maintenance Open-concept living and dining areas perfect for entertaining Bright, spacious interiors ideal for both full-time residents and vacationers Outdoor & Lifestyle Features No HOA - Full ownership flexibility Golf cart-friendly neighborhood with quick beach access Generous driveway parking with space for boats, trailers, or multiple vehicles Nearby boat ramp (0.1 miles away) for easy access to open water Fully Equipped & Rental-Ready Modern kitchen stocked with appliances, cookware, and dishware In-unit washer & dryer for added convenience Low-maintenance Hardie Board siding & durable metal roof built for coastal living Spacious Accommodations - Sleeps 8 Comfortably Primary Bedroom: King bed + private ensuite Bedroom 2: Queen bed Bedroom 3: Two Twin-over-Twin bunk beds High-Income Investment Opportunity - No HOA! With no HOA restrictions and strong demand for short-term rentals, this home is a turnkey investment offering excellent Airbnb and VRBO rental potential. Whether you're an investor or seeking a personal coastal retreat, this property delivers both luxury and profitability. 📽 Property video available upon request! Don't miss this rare opportunity to own a fully furnished, high-performing vacation rental just steps from the Gulf of Mexico. Contact us today to schedule a private showing!

Sold Price/SqFt: 387.5

Sold Price/Acre: 6642857.14

Under Contract Date: 2025-12-05

Sold Date: 2025-12-30

Sold Price: $465,000

First: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Window - Treatment All: 1

Double Pane Windows: 1

Furnished: 1

First: 1

First: 1

Near Beach Access: 1

Near Public Boat Ramp: 1

Within 1/2 Mile to Water: 1

Paved Road: 1

Driveway: 1

Paved: 1

County: 1

Resid Single Family: 1

Other - See Remarks: 1

Bedroom: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Primary Bathroom: 1

Primary Bedroom: 1

ShowingTime: 1

Electricity - Connected: 1

Electric 220/240: 1

Public Sewer - Connected: 1

Sewer Available: 1

Public Water - Available: 1

Public Water - Connected: 1

Other - See Remarks: 1

First: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBath Double Vanity: 1

MBath Shower Only: 1

MBath Walk-In Closet: 1

MBed First Floor: 1

See Remarks: 1

First: 1