Features & Amenities

Interior

  • Other Interior Features

    Crown Molding, Pantry

  • Total Bedrooms

    4

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Heat Pump, Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Block

  • Other Exterior Features

    Balcony, Private Yard

  • Parking

    Detached, Garage

  • Patio and Porch Features

    Patio, Covered, Enclosed

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.22

  • Lot Size(square feet)

    9583.2

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Beach House

Price

  • Sales Price

    $1,325,000

  • Tax Amount

    $4,972.47

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Karen K Smith , Beachy Beach Real Estate

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OPPORTUNITY ABOUNDS ON THIS LAGUNA BEACH PROPERTY! Welcome to 209 Oleander Drive, ideally located in the heart of Panama City Beach on a spacious L-shaped lot, just steps from the sugar-white sands and emerald waters of the Gulf (less than 600 steps to the beach!). This versatile property is perfect as a primary residence, second home, or income producing short-term rental with two separate living spaces. The main house, currently owner-occupied and remodeled in 2017, features bright living spaces and a functional, open flow that is welcoming for both owners and guests. Step outside to enjoy a private outdoor area perfect for relaxing after a day at the beach or entertaining visitors. A standout feature is the 30x30 insulated workshop, offering endless possibilities. With plumbing already  in place, it could easily be converted into an additional rental unit, used for a home business, or serve as storage for vehicles or a collection.

The property also includes a carriage house (ADU) built in 2023, complete with a two-car garage. Over the past two years, this unit has generated $20,000 annually in short-term rental income, making it an excellent opportunity for buyers seeking immediate investment potential. The two-car garage with separate entrance also offers the option to be converted into additional rental space.

Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property is connected to city water and sewer (no septic), with one shared water/sewer bill and two separate electric meters. Refer to upgrade list in document section.

Whether you're looking for a personal beach retreat, an income-producing property, or a combination of both, this unique opportunity offers flexibility, expansion potential, ample storage, and an unbeatable location.

Schedule your showing today and discover the possibilities of beach living and investment in Panama City Beach!

209 Oleander Drive

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Designed for effortless coastal living & outdoor enjoyment, this exceptional custom beach home offers a private retreat just moments from the sugar-white sands of Laguna Beach, close enough that a golf cart is simply unnecessary as a 5-minute walk will have your toes in the sand. Thoughtfully crafted & built to high standards, the home blends durability, comfort, and a relaxed beach lifestyle ideal for both personal use & investment potential. The outdoor living space is a true highlight, featuring a private pool with spillover spa, outdoor shower, Fun Kick pool table, sandbox, cornhole, 4Score, and generous space for entertaining & recreation. A paver driveway provides ample parking, while the fenced backyard creates a secluded setting designed for year-round enjoyment. Inside, the home offers 4 well-appointed bedrooms, including a primary suite on both levels, and 3.5 bathrooms, providing privacy & flexibility for guests. Shaded porches on both levels extend the living space outdoors, offering quiet retreats for relaxation.

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Experience luxury coastal living in this stunning 4-bedroom penthouse at Grand Panama Beach Resort. Unit 1404 offers breathtaking, unobstructed views stretching for miles down the sugar-white sands and emerald waters of the Gulf--truly some of the best views on the beach. Spanning approximately 2,266 square feet, this spacious 4-bedroom, 3-bath residence features an open-concept layout with floor-to-ceiling windows that flood the home with natural light and showcase the incredible views from nearly every room. Enjoy a double balcony setup, with both the living room and primary suite opening directly to the Gulf-front balcony--perfect for morning coffee or sunset evenings. The interior is thoughtfully appointed with granite countertops, all-tile flooring, stainless steel appliances, and a newer HVAC system. This impeccably maintained Penthouse condo has been primarily owner-occupied, offering a level of care and condition that truly stands out. The layout includes a large family room, separate dining area ideal for entertaining, two master bathrooms with jetted tubs, and ample walk-in closet space throughout.

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Additional highlights include a 5-level parking garage with one assigned space, ample overflow parking nearby, and additional parking expansions underway. As a homeowner-driven resort, decisions are made with ownership value and experience in mind--making this one of the most desirable communities in Panama City Beach.

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Welcome to waterfront living in the highly sought-after gated community of Bay Point! Located on a canal with direct access to St. Andrews Bay and the Gulf in just minutes, this beautifully remodeled 4-bedroom, 2.5-bath home offers the perfect blend of luxury, comfort, and coastal lifestyle.

Situated at approximately 9 feet above sea level, this home has been extensively remodeled and updated throughout with new interior and exterior paint, renovated finishes down to the last ceiling fan and light fixture, granite countertops in the kitchen and all bathrooms, contemporary backsplash accents, and a beautiful gas fireplace with a modern setting. The spacious interior features soaring 10 and 12-foot ceilings with extensive crown molding, creating an open and elegant feel throughout the home. 

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Experience the pinnacle of waterfront living in this exquisitely refreshed 3-bedroom, 2.5-bath residence offering 3,268 square feet in the prestigious Bay Point community. Perfectly positioned for boating enthusiasts, this home features a private dock and 16,000 lb boat lift with direct access to North Lagoon and the Gulf of Mexico, complemented by extensive recent dock upgrades including new pilings, a new dock surface, and an entirely rebuilt sub-structure finished with high-grade composite materials.

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Calypso Resort offers incredible amenities, including a fully renovated fitness center, two beautiful Gulf-facing pools, and a lively tiki bar serving blended frozen drinks and your favorite beverages. With direct boardwalk access to the beach, you're just steps away from the stunning Gulf waters and pristine shoreline.

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The kitchen offers custom cabinetry, a gas range, wine cooler, and a seamless flow into the main living areas.
The primary suite is oversized and positioned to take full advantage of canal views, complete with a private sitting area. The en-suite bathroom features a soaking tub, a large walk-in shower, and separate his-and-her walk-in closets.
The second bedroom also overlooks the canal and includes a flex space with doors--perfect for an office, playroom, or additional sleeping area. A third generously sized bedroom shares a bathroom with the second.
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*Some photos have been Virtuality Staged*
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