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209 oleander drive

Panama City Beach, FL 32413

$1,400,000

4 BEDS 4 BATHS
0.21 AC LOT
Residential - Single Family
New Listing
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Bedrooms 4
Total Baths 4
Acreage 0.22
Status Active
MLS # 996241
County Bay
More Info
Category Residential - Single Family
Status Active
Acreage 0.22
MLS # 996241
County Bay
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.
Location not available

Exterior Features

  • Style Beach House
  • Construction Single Family
  • Exterior Balcony, Fenced Back Yard, Hurricane Shutters
  • Garage No
  • Garage Description 4
  • Sewer Public Sewer
  • Lot Dimensions 150 X 55 X 73 X 55

Interior Features

  • Appliances Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Tnkls
  • Heating Heat Pump Air To Air, Central
  • Year Built 1964

Neighborhood & Schools

  • Subdivision LAGUNA BEACH ESTATES 7TH ADDN
  • Elementary School West Bay
  • Middle School Surfside
  • High School Arnold

Financial Information

  • Parcel ID 36813-000-000
  • Zoning Resid Multi-Family

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Listing Information

Listing Provided Courtesy of Beachy Beach Real Estate
Emerald Coast Association of REALTORS
Listing data is current as of 03/19/2026.

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