, Panama City Beach, FL 32408 (MLS# 792058)


$1,950,000
Panama City Beach, FL 32408
MLS# 792058
7 beds  |  4 baths  |  2550 sqft


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Property Description
Rare PCB Beach Compound | 3 Residences • One Parcel • Two Lots from the Beach • Heated/Chilled Pool • Sleeps 18-20 • Fully Furnished & Turnkey. with effective build day June 2026 Rare opportunities like this simply don't exist anymore. Just two lots from the beach, this one-of-a-kind Panama City Beach compound offers three separate residences on one parcel--a beautifully rebuilt two-story duplex with two 2-bedroom, 1-bath residences and a stunning 3-bedroom, 2-bath main home centered around a private resort-style heated and chilled pool. Combining location, flexibility, and the quality of new construction, this is a truly rare opportunity in one of Panama City Beach's most desirable vacation rental corridors. Professionally reconstructed and completed in June 2026, this is far more than a renovation. Thoughtfully rebuilt by the owner--not a builder flip--the property was designed specifically for luxury vacation rentals with an emphasis on quality, longevity, energy efficiency, and exceptional guest experience. Every detail was intentional, from the 10-foot ceilings in the main home and custom 8-foot hurricane-rated doors to the impact-rated windows and doors, custom transom windows, smart LB siding, designer coastal finishes, custom-built bunk rooms, and durable low-maintenance materials throughout. Designed to comfortably accommodate 18-20 guests, the compound is ideal for large family vacations, multi-generational gatherings, corporate retreats, or premium vacation rental operations. The resort-style outdoor living area features a new heated and chilled swimming pool, two grilling stations, expansive paver decking, and a hot and cold outdoor shower, creating an exceptional space for relaxing and entertaining after a day at the beach. Operational efficiency was equally important. Each residence has its own electric meter, each building has its own water meter, and the property includes a dedicated owner's closet, making ownership and management simple and efficient. Six off-street parking spaces provide ample room for owners and guests. Located in the highly sought-after Lower Grand Lagoon area, you're just a short walk from the beach and minutes from St. Andrews State Park, Shell Island excursions, marinas, waterfront dining, shopping, and entertainment. Leave the car behind and enjoy one of the most walkable and desirable beach locations on Panama City Beach. Situated in Flood Zone X no flood insurance needed and offered fully furnished and completely turnkey, this exceptional property is ready for immediate personal enjoyment or income-producing vacation rental operation from day one. Properties offering three fully rebuilt residences on one parcel this close to the beach are exceptionally rare and increasingly difficult to replicate. Built to be owned--not flipped--this extraordinary beach compound reflects thoughtful planning, premium materials, and craftsmanship rarely found in today's investment properties.

Details
Contract Info
List Price/SqFt: 764.71
Status: Active
List Date: 2026-06-30
List Price: $1,950,000
Current Price: $1,950,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: Bel Air
Waterfront: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Heading east on Thomas Drive from front Beach Road right after John Avenue you will find Marlin Street turn right second property on the left
Area: 03 - Bay County - Beach
State: FL
Zip Code: 32408
County: Bay
Subdivision: Bel Air
Legal Description: BEL AIR LOT 14 BLK 13 ORB 4697 P 699
General Property Info
Acreage: 0.14
Design: N/A
Lot Size (SqFt): 6229
Apx SqFt(Htd/Cooled): 2550
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Builders Plans
# of Stories in Building: 2
# of Units in Bldg: 2
Units Above Ground: 3
Lot Dimensions: 50.0 ft x 125.0 ft
New Construction: Yes
Garage Y/N: No
Driveway Spaces: 6
Pool: Yes
Pool Type: Private
Sub-Type: Multi Family
Bedrooms: 7
Full Baths: 4
Total Baths: 4
Year Built: 1995
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 6009.41
Last Tax Year: 2025
Brokerage Interest: Ownership Interest - Listing Broker/Salesperson has ownership interest in the property.
Remarks & Misc
Remarks: Rare PCB Beach Compound | 3 Residences • One Parcel • Two Lots from the Beach • Heated/Chilled Pool • Sleeps 18-20 • Fully Furnished & Turnkey. with effective build day June 2026 Rare opportunities like this simply don't exist anymore. Just two lots from the beach, this one-of-a-kind Panama City Beach compound offers three separate residences on one parcel--a beautifully rebuilt two-story duplex with two 2-bedroom, 1-bath residences and a stunning 3-bedroom, 2-bath main home centered around a private resort-style heated and chilled pool. Combining location, flexibility, and the quality of new construction, this is a truly rare opportunity in one of Panama City Beach's most desirable vacation rental corridors. Professionally reconstructed and completed in June 2026, this is far more than a renovation. Thoughtfully rebuilt by the owner--not a builder flip--the property was designed specifically for luxury vacation rentals with an emphasis on quality, longevity, energy efficiency, and exceptional guest experience. Every detail was intentional, from the 10-foot ceilings in the main home and custom 8-foot hurricane-rated doors to the impact-rated windows and doors, custom transom windows, smart LB siding, designer coastal finishes, custom-built bunk rooms, and durable low-maintenance materials throughout. Designed to comfortably accommodate 18-20 guests, the compound is ideal for large family vacations, multi-generational gatherings, corporate retreats, or premium vacation rental operations. The resort-style outdoor living area features a new heated and chilled swimming pool, two grilling stations, expansive paver decking, and a hot and cold outdoor shower, creating an exceptional space for relaxing and entertaining after a day at the beach. Operational efficiency was equally important. Each residence has its own electric meter, each building has its own water meter, and the property includes a dedicated owner's closet, making ownership and management simple and efficient. Six off-street parking spaces provide ample room for owners and guests. Located in the highly sought-after Lower Grand Lagoon area, you're just a short walk from the beach and minutes from St. Andrews State Park, Shell Island excursions, marinas, waterfront dining, shopping, and entertainment. Leave the car behind and enjoy one of the most walkable and desirable beach locations on Panama City Beach. Situated in Flood Zone X no flood insurance needed and offered fully furnished and completely turnkey, this exceptional property is ready for immediate personal enjoyment or income-producing vacation rental operation from day one. Properties offering three fully rebuilt residences on one parcel this close to the beach are exceptionally rare and increasingly difficult to replicate. Built to be owned--not flipped--this extraordinary beach compound reflects thoughtful planning, premium materials, and craftsmanship rarely found in today's investment properties.
Pool Features
Heated - Electric: 1
Inground: 1
Furnished
Furnished: 1
Parking Features
Assigned: 1
Rooms
Bedroom: 1
Full Bathroom: 1
Primary Bathroom: 1
Primary Bedroom: 1
Utilities
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Full Bathroom
First: 1
Second: 1
Primary Bedroom
First: 1
Bedroom
First: 1
Second: 1
Primary Bathroom
First: 1
Property Features
Full Bathroom: First; Second
Primary Bedroom: First
Bedroom: First; Second
Furnished: Furnished
Primary Bathroom: First
Pool Features: Heated - Electric; Inground
Parking Features: Assigned
Rooms: Bedroom; Full Bathroom; Primary Bathroom; Primary Bedroom
Utilities: Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Waterview: Gulf
Room Information
Room Name Level Dimensions Length Width Dimensions Remarks
Primary BedroomFirst14.4 x 1214.4012.0014.4 x 12Maine House 4111
Primary BathroomFirst9.3 x 5.79.305.709.3 x 5.7Maine House 4111
BedroomFirst11 x 1011.0010.0011 x 10Maine House 4111
BedroomFirst11 x 1011.0010.0011 x 10Maine House 4111
BedroomFirst11 x 911.009.0011 x 9Maine House 4111
Full BathroomFirst8.9 x 5.58.905.508.9 x 5.5Maine House 4111
BedroomSecond11 x 911.009.0011 x 9Duplex B 4109
BedroomSecond11 x 911.009.0011 x 9Duplex B 4109
Full BathroomSecond7.4 x 5.17.405.107.4 x 5.1Duplex B 4109
BedroomFirst11 x 911.009.0011 x 9Duplex A 4109
BedroomFirst11 x 911.009.0011 x 9Duplex A 4109
Full BathroomFirst7.4 x 5.17.405.107.4 x 5.1Duplex A 4109

Listing Office: Sand Seeker Realty LLC

Last Updated: July - 01 - 2026

Information deemed reliable but not guaranteed.