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$1,379,000
209 Oleander Drive
Panama City Beach, FL 32413
MLS# 996241
4 beds  |  4 baths  |  2798 sqft


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Property Description
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

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 492.85
List Date: 2026-02-25
Current Price: $1,379,000
List Price: $1,379,000
Location, Tax and Legal
Sub Area: 2724 - Beach - West Central
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Legal Description: LAGUNA BEACH ESTATES 7TH ADD LOTS 1, 2 & 3 BLK 28 LESS PRCL ORB 3499 P 1773
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: Appraiser
Garage: Yes
Carport: No
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 2798
Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Bathrooms: 4
# Stories: 2
Year Built: 1964
Garage Spaces: 4
Acreage: 0.22
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Last Taxes: 4972.47
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: 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
Construction Status
Construction Complete: 1
Parking Features
Garage Attached: 1
Garage Detached: 1
Lot/Parcel Access
City Road: 1
Paved Road: 1
Construction/Siding
Block: 1
Roof Metal: 1
Siding CmntFbrHrdBrd: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Underground: 1
Zoning
Resid Multi-Family: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Hurricane Shutters: 1
Patio Covered: 1
Patio Enclosed: 1
Interior
Ceiling Crwn Molding: 1
Fireplace: 1
Floor Vinyl: 1
Furnished - None: 1
Pantry: 1
Window Treatment All: 1
Financing
Conventional: 1
VA: 1
Appliances
Cooktop: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Range Hood: 1
Refrigerator: 1
Security System: 1
Smoke Detector: 1
Stove/Oven Electric: 1
Washer: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Heat Pump Air To Air: 1
Water Heater - Tnkls: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Shower Only: 1
Master Bedroom
First: 1
Second: 1
Bedroom
Second: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Breakfast Room: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 209
Street Name: Oleander
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Project Name/Subdivision: LAGUNA BEACH ESTATES 7TH ADDN
Parcel ID: 36813-000-000
Property Features
Construction Status: Construction Complete
Zoning: Resid Multi-Family
Parking Features: Garage Attached; Garage Detached
Exterior: Balcony; Fenced Back Yard; Hurricane Shutters; Patio Covered; Patio Enclosed
Interior: Ceiling Crwn Molding; Fireplace; Floor Vinyl; Furnished - None; Pantry; Window Treatment All
Appliances: Cooktop; Dishwasher; Dryer; Microwave; Range Hood; Refrigerator; Security System; Smoke Detector; Stove/Oven Electric; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable; Underground
Energy: AC - Central Elect; Heat Cntrl Electric; Heat Pump Air To Air; Water Heater - Tnkls
Master Bedroom: First; Second
Bedroom: Second
Kitchen: First
Living Room: First
Rooms: Bedroom; Breakfast Room; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional; VA
Supplements
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.
Room Information
Room Name Level Dimensions Length Width Dimensions
KitchenFirst17 x 1017.0010.0017 x 10
Breakfast RoomFirst19 x 1019.0010.0019 x 10
Master BathroomFirst11 x 1011.0010.0011 x 10
Master BedroomFirst19 x 1019.0010.0019 x 10
Living RoomFirst14 x 1014.0010.0014 x 10
Master BedroomSecond15 x 1315.0013.0015 x 13
BedroomSecond14 x 1014.0010.0014 x 10
LaundryFirst11 x 1111.0011.0011 x 11

Listing Office: Beachy Beach Real Estate

Last Updated: March - 27 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.


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