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4120 Nancee Drive, Panama City, FL 32408 Active 1 / 35
$2,050,000

4120 Nancee Drive, Panama City, FL 32408

Panama City, FL 32408
  • 7 Beds
  • 4 Baths
  • 3,451 Sq Ft
  • 2010 Built
  • MLS 787257

About this home

EXCΕPΤΙΟNΑL VΑLUE ALERT - PRICE IMΡROVEMΕNT OF $200,000! Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental versatility. Spacious indoor and outdoor living areas provide ample room for entertaining and relaxing after a day at the beach. Outdoor highlights include a PRIVATE HEATED POOL, expansive balconies with Gulf views, covered patio spaces, and ample parking with a 2-car garage plus 5 additional driveway parking spaces. Low annual HOA dues add to the appeal of this exceptional coastal property. Whether you're searching for a primary residence, second home, or income-producing beach investment, this turnkey property offers space, location, and exceptional value in the heart of Panama City Beach.

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionHoliday Beach On The Gulf
CityPanama City
CountyBay
Zip32408
StyleCoastal
Taxes$15,009
Tax year2025
HOAYes
HOA fee$530/yr
ViewGulf
Special conditionsListedAsIs

Interior

Total rooms7
Full baths4
AppliancesElectricRange,ElectricWaterHeater
CoolingCentralAir
HeatingCentral

Exterior & lot

Lot size0.09 acres
Lot dimensions50x75
RoofShingle
Private poolYes
PoolInGround,Private
GarageYes
Exterior featuresDeck, Patio

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresBeach, Short Term Rental Allowed
DirectionsFrom the Hathaway Bridge Head west on US-98 W. Use the right 3 lanes to turn slightly right to stay on US-98 W; Use the left 2 lanes to turn slightly left onto FL-30 W/Front Beach Rd; Turn left onto Joan Ave; Use any lane to turn left onto C R 392/Thomas Dr; Turn right onto Nancee Dr

Data source: Central Panhandle Association of REALTORS®

Location

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