Property
Beds
4
Full Baths
3
1/2 Baths
1
Year Built
1964
Sq.Footage
N/A
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. 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. 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. 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.
Features & Amenities
Interior
-
Other Interior Features
Smart Thermostat
-
Total Bedrooms
4
-
Bathrooms
3
-
1/2 Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air, Ductless, ENERGY STAR Qualified Equipment
-
Heating YN
YES
-
Heating
Central, ENERGY STAR Qualified Equipment, Heat Pump, Other, See Remarks
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
4
-
Construction Materials
Block, HardiPlank Type
-
Other Exterior Features
Balcony, Outdoor Shower
-
Parking
Additional Parking, Paved
-
Patio and Porch Features
Patio, Porch, Enclosed, Covered, Screened
-
Pool
No
Area & Lot
-
Lot Features
Paved
-
Property Type
Residential
Price
-
Sales Price
$1,400,000
-
Tax Amount
$4,972
-
Zoning
Resid Multi-Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
West Bay
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
Foundation Details
Slab
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Location
County
Bay
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Listing Courtesy of Chris M Shelton , Beachy Beach Real Estate
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Broker
Opey Russ and Melissa Kratish
Call Opey Russ and today to schedule a private showing.
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