209 Oleander DR Panama City Beach, FL 32413
Open House
Sat Nov 14, 10:00am - 12:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,798 sqft
Price per Sqft $428
Subdivision Laguna Beach Estates
MLS Listing ID 797404
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1964
Annual Tax Amount $4,972
Tax Year 2025
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Multi Family
Property Description
Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment.
Remodeled in 2017, the main residence features bright, inviting living spaces, an open, functional flow, and a private outdoor area perfect for unwinding after the beach or entertaining guests.
The separate carriage house/ADU, built in 2023, adds immediate rental appeal and includes a two-car garage with its own entrance. Depending on your vision and needs, the carriage house garage could readily lend itself to finishing as another unit. This added opportunity could potentially bring total annual rental income up as well!
A separate 30x30 insulated workshop with plumbing already in place provides exceptional space for hobbies, vehicles, beach gear, or recreational storage.
Both residences include full appliance packages, tankless water heaters, walk-in showers, and smoke detectors. City water and sewer, one shared water/sewer bill, and two separate electric meters add everyday convenience.
Whether you envision a full-time coastal home with rental income, a beach getaway that helps support itself, or a dedicated investment property, 209 Oleander Drive delivers a compelling combination of location, versatility, and income potential--with room to grow.
Schedule your private showing and discover the possibilities.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Double Vanity, Main Level Primary, Smart Thermostat
Heating Central, Electric, ENERGY STAR Qualified Equipment, Heat Pump, Other, See Remarks
Cooling Central Air, Ductless, ENERGY STAR Qualified Equipment
Flooring Plank, Vinyl
Fireplace No
Appliance Washer/Dryer Stacked, ENERGY STAR Qualified Appliances, Electric Cooktop, Electric Oven, Electric Range, Water Softener Owned, Tankless Water Heater
Laundry Stacked
Exterior
Exterior Feature Outdoor Shower, Porch
Parking Features Additional Parking, Paved
Garage Spaces 4.0
Garage Description 4.0
Fence Fenced, Partial
Community Features Short Term Rental Allowed
Utilities Available Cable Connected, Underground Utilities
Roof Type Metal
Porch Balcony, Covered, Patio, Porch, Screened
Private Pool No
Building
Lot Description Sprinkler System, Paved
Foundation Slab
Sewer Public Sewer
Additional Building Garage(s)
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 36813-000-000
Security Features Secured Garage/Parking,Security System,Smoke Detector(s)
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
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