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240 Oleander Drive, Panama City Beach, FL 32413 Active 1 / 59
$1,775,000

240 Oleander Drive, Panama City Beach, FL 32413

Panama City Beach, FL 32413
  • 5 Beds
  • 5 Baths
  • 4,173 Sq Ft
  • 2026 Built
  • MLS 791597

About this home

Luxurу new сοnѕtructіon іn Laguna Beach Estates οn the highly dеsirable West End of Panama City Beach! Located near the 30A corridor and just minutes from the beautiful beaches, dining, shopping, and entertainment PCB has to offer, 240 Oleander Drive is a standout opportunity for investors, second-home buyers, and luxury coastal buyers. Built in 2026, this 5-bedroom, 4 full bath and 1 half bath home offers approximately 4,173 sq ft H&C and is designed with short-term rental performance in mind. No HOA.Short-term rentals allowed. The spacious layout, private pool, outdoor kitchen, wet bars, and luxury finishes create an ideal setup for vacation rental guests and large groups. Interior features include marble flooring throughout, crown molding, recessed lighting, walk-in laundry room, remote-controlled ceiling fans, double-pane low-E windows, energy-efficient insulation, central HVAC on each floor, two 50-gallon water heaters, and a mini-split system in the garage. The kitchen features Cristalo quartz countertops, a Black Lava quartz island, undermount sink, and upgraded full-overlay white oak cabinetry with soft-close concealed hinges, full-extension soft-close drawer glides, plywood box construction, natural birch interiors, and PPG stain finish. Wet bars with wine coolers are located on both the first and second floors. Outdoor features include a custom brushed copper iron door, fully paved driveway, landscaped backyard, inground saltwater pool, outdoor kitchen with Black Pearl granite, outdoor shower, sprinkler system with separate irrigation meter, keyless side entry, and low-risk Flood Zone X. One-year builder warranty included. Rental projections conservative $168,500- to optimized $240,000. Short-term rentals allowed / STR eligible, subject to buyer obtaining required City of PCB Vacation Rental Certificate, DBPR license, BTR, TDT registration, and fire/life safety approval

Property details

Property typeSingleFamilyResidence
StatusActive
Area03 - Bay County - Beach
SubdivisionLaguna Beach Estates 7th Add
CityPanama City Beach
CountyBay
Zip32413
StyleContemporary
Tax year2025
New constructionYes

Interior

Total rooms5
Full baths4
Half baths1
AppliancesBarFridge,EnergyStarQualifiedAppliances,ElectricWaterHeater
CoolingEnergyStarQualifiedEquipment
HeatingEnergyStarQualifiedEquipment,Fireplaces
FireplaceYes
Interior featuresBalcony,DoubleVanity,MainLevelPrimary,SeparateShower,UpperLevelPrimary,WalkInClosets

Exterior & lot

Lot size0.12 acres
Lot dimensions50.0 ft x 102.0 ft
Private poolYes
PoolInGround,SaltWater,Private
GarageYes
ParkingGarage,GarageDoorOpener,Paved
Road frontageCity Street
Exterior featuresBarbecue, Outdoor Kitchen

Schools

ElementaryWest Bay
MiddleSurfside
HighArnold

Community

Community featuresBarbecue, Short Term Rental Allowed
DirectionsTaking Us 98 West, continue past Pier Park, Turn left onto Oleander Dr continue to 240 Oleander Dr about two blocks from beach.

Data source: Central Panhandle Association of REALTORS®

Location

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