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240 Oleander Drive
Panama City Beach, FL 32413

$1,775,000 - Status: Active
Bed Icon Beds: 5
Bath Icon Baths: 4 full 1 partial
Sq Feet Icon SQFT (H&C): 4,173
MLS Icon MLS# 791597

Luxury new construction in Laguna Beach Estates on the highly desirable West End of Panama City Beach! Located near the 30A corridor and just minutes from the beautiful beaches, dining, shopping, and entertainment PCB has to offer, 240 Oleander Drive is a standout opportunity for investors, second-home buyers, and luxury coastal buyers. Built in 2026, this 5-bedroom, 4 full bath and 1 half bath home offers approximately 4,173 sq ft H&C and is designed with short-term rental performance in mind. No HOA. Short-term rentals allowed. The spacious layout, private pool, outdoor kitchen, wet bars, and luxury finishes create an ideal setup for vacation rental guests and large groups. Interior features include marble flooring throughout, crown molding, recessed lighting, walk-in laundry room, remote-controlled ceiling fans, double-pane low-E windows, energy-efficient insulation, central HVAC on each floor, two 50-gallon water heaters, and a mini-split system in the garage. The kitchen features Cristalo quartz countertops, a Black Lava quartz island, undermount sink, and upgraded full-overlay white oak cabinetry with soft-close concealed hinges, full-extension soft-close drawer glides, plywood box construction, natural birch interiors, and PPG stain finish. Wet bars with wine coolers are located on both the first and second floors. Outdoor features include a custom brushed copper iron door, fully paved driveway, landscaped backyard, inground saltwater pool, outdoor kitchen with Black Pearl granite, outdoor shower, sprinkler system with separate irrigation meter, keyless side entry, and low-risk Flood Zone X. One-year builder warranty included. Rental projections conservative $168,500- to optimized $240,000.

Upcoming Open Houses

Open House Sunday June 28th, 12:00pm - 2:30pm

Property Features

MLS#: 791597
Zip: 32413
Subdivision: Laguna Beach Estates 7th Add
Development: 0324 - Beach - West Central
Property Type: Residential - Single Family
Cooling: ENERGY STAR Qualified Equipment
Days on Site: 3
Fenced: Yes
Garage: 1
Heating: ENERGY STAR Qualified Equipment, Fireplace(s)
Home Style: Contemporary
Lot Size: 0.12 acres
Stories: 3.0
Year Built: 2026
SQFT (H&C): 4,173

Feature Descriptions

Appliances: Bar Fridge, ENERGY STAR Qualified Appliances, Electric Water Heater
Community Features: Barbecue, Short Term Rental Allowed
Exterior Features: Barbecue, Outdoor Kitchen
Fencing: Fenced
Fireplace: Electric
Interior Features: Balcony, Double Vanity, Main Level Primary, Separate Shower, Upper Level Primary, Walk-In Closet(s)
Lot Description: Sprinkler System
Lot Dimensions: 50.0 ft x 102.0 ft
Parcel#: 36862-010-000
Parking: Garage, Garage Door Opener, Paved
Parking Notes: Garage, Garage Door Opener, Paved
Patio/Porch: Balcony
Pool: In Ground, Salt Water, Private
Sewer: Public Sewer
Swimming Pool: Yes

Room Sizes

Living Room: 18 X 20 Level - Second
Bedroom: 13 X 12 Level - First
Living Room: 16 X 21 Level - First

Local Schools

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

240 Oleander Drive | MLS# 791597

This single family home located at 240 Oleander Drive, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $1,775,000. This property was built in 2026 and has 5 bedrooms and 4 full and 1 partial baths with 4173 sq. ft. Oleander Drive is located in the Laguna Beach Estates 7th Add subdivision. Search Laguna Beach Estates 7th Add real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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