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Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1994
Sq.Footage
2,144
Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east--truly offering the best of both lifestyles.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding, Frame
-
Other Exterior Features
Rain Gutters
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Paved
-
Property Type
Residential
-
Property Sub Type
Duplex
-
Architectural Style
Duplex
Price
-
Sales Price
$685,000
-
Tax Amount
$5,603
-
Zoning
Resid Multi-Family
-
Sq. Footage
2, 144
-
Price/SqFt
$319
HOA
-
Association
No
School District
-
Elementary School
West Bay
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Stories
2
-
New Construction
NO
-
Foundation Details
Slab
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Location
County
Bay
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Listing Courtesy of Alexandra Maddox , The Premier Property Group
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Chief Financial Officer
Robin Lindenmeier
Call Robin today to schedule a private showing.
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