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209 Oleander Drive
Panama City Beach, FL 32413

$1,400,000 - Status: Active
Bed Icon Beds: 4
Bath Icon Baths: 3 full 1 partial
Sq Feet Icon SQFT (H&C): 2,798
MLS Icon MLS# 785643

Laguna Beach Two Homes. Two Opportunities on L-Shaped Lot. Ideal for primary residence, second home, or short-term rental for both homes. Welcome to 209 Oleander Drive, a prime opportunity in the heart of Panama City Beach--perfect for both personal use and investment. Located just minutes from the sugar-white sands and emerald waters of the Gulf. This home offers easy access to beaches, dining, shopping, and entertainment. The Main House, remodeled in 2017 has bright living spaces, and an easy flow make it welcoming for guests and owners alike. Outside, enjoy a private area perfect for relaxing after a beach day or hosting visitors. The main house has 2 Bedrooms. 2 Full Baths. Dining Room, Kitchen, Living Room, new plumbing and wiring, 2025 HVAC with UV Light, Heat Pump. Screen In Patio, Large Outdoor Deck, Fenced Backed Yard. Touchless Faucet. Hurricane Panels. Outdoor Shower. Sprinkler System. Kitchen on first floor. 8 x 12 Storage Shed. 30 x 30 Insulated Workshop. Ozone Hot Tub, no chlorine needed. Slab on Grade. Concrete Block House with Harding Siding/Trim. The Garage can hold 2 cars and a golf cart. Driveway can hold 6 cars. The property also includes a Carriage House with a two-car garage built in 2023. Over the past two years, the sellers have generated approximately $23,000 per year in short-term rental income (estimated), making this an attractive option for buyers seeking a property with established rental performance. Its desirable location and proximity to popular PCB attractions support continued short-term rental demand. Slab on Stem Wall. Wood Framing. Harding Siding/Trim. Balcony. Paved Patio. Furniture Negotiable. Vinyl Plank throughout. Smart Thermostat. All Window Treatments. Hurricane windows. High Impact Window and Doors. Kitchen on 2nd Floor. Great room, Master, 2nd Bedroom, Bathroom with separate water closet. Stackable Washer and Dryer in Carriage House. Master Bed 15 x13. Second Bedroom 14 x 10. Bathroom 8 x 10. Main Room 18 x 33. Downstairs Studio 22 x 11. Laundry/Utility Room 11 x 11. Garage 33 x 22. 2 Car Garage and 4 Parking Places in Driveway. 527Steps to Sand. Both Homes include Full appliance package, Tankless Water Heater, walk in shower and Smoke Detectors. Water/Sewer is one bill for both homes, Two electric meters. Whether you're looking for a beach getaway, income-producing property, or a combination of both, 209 Oleander Drive offers flexibility, location, and proven rental potential. Schedule your showing today and explore the possibilities of beach living and investment in Panama City Beach. More Pictures to Follow.

Upcoming Open Houses

Open House Saturday March 14th, 2:00pm - 4:00pm

Property Features

MLS#: 785643
Zip: 32413
Subdivision: Laguna Beach Estates 7th Add
Development: 0324 - Beach - West Central
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ductless, ENERGY STAR Qualified Equipme
Days on Site: 16
Fenced: Yes
Garage: 4 car attached
Heating: Central, ENERGY STAR Qualified Equipment, Heat Pump,
Lot Size:
Roof Type: Metal
Taxes: $4,972
Year Built: 1964
Buyer's Agent Compensation: 2.5%
SQFT (H&C): 2,798

Feature Descriptions

Appliances: Washer/Dryer Stacked, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Electric Range, Water Softener Owned, Tankless Water Heater
Community Features: Short Term Rental Allowed
Exterior: Block, HardiPlank Type
Exterior Features: Patio, Outdoor Shower, Porch
Fencing: Fenced, Partial
Flooring: Luxury Vinyl Plank
Interior Features: Smart Thermostat
Laundry: Stacked
Lot Description: Sprinkler System, Paved
Lot Dimensions: 150 X 55 X 73 X 55
Parcel#: 36813-000-000
Parking: Additional Parking, Paved
Parking Notes: Additional Parking, Paved
Patio/Porch: Balcony, Enclosed, Covered, Patio, Porch, Screened
Security: Secured Garage/Parking, Security System, Smoke Detector(s)
Security: yes
Utilities: Cable Connected, Sewer Available, Underground Utilities

Room Sizes

Living Room: 14 X 10 Level - First
Primary Bedroom: 19 X 10 Level - First
Primary Bathroom: 11 X 10 Level - First
Breakfast Room/ Nook: 19 X 10 Level - First
Kitchen: 17 X 10 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

209 Oleander Drive | MLS# 785643

This multi-family property located at 209 Oleander Drive, Panama City Beach, FL 32413 is currently listed for sale by Beachy Beach Real Estate, with an asking price of $1,400,000. Search Panama City Beach real estate on www.beachybeach.com today.

Listed By / Shown By

agent picture

Listed By

Agency Name: Beachy Beach Real Estate
Agency Phone: (850) 896-2000
Agent Name: Chris Shelton

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