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Rare and exceptional investment opportunity located on the East End of Panama City Beach in the desirable South Lagoon area. This 4-bedroom, 3.5-bath, 2,500+ sq ft home is being sold fully furnished and turnkey, with NO HOA and NO rental restrictions. Situated on TWO lots just a few short blocks from beach access, this 3 story home is designed to maximize both guest experience and income potential. The first floor features a large game room with a pool table, TV and other games, while the main living areas offer ample space, perfect for entertainment and large groups. Step outside and you'll find what truly sets this property apart! The outdoor space is one of a kind featuring a heated custom lagoon style pool with a lazy river, swim up bar, waterslide, and jacuzzi.... all in the shape of a fish. Yes, a fish. Its the kind of feature guests talk about and rebook for. Add in the tiki bar, grilling area, and expansive outdoor space, and you have a private resort right in your back yard. The rear lot is gated and offers road access with a separate entrance, providing ample space for your boat, RV, or jet ski storage. Conveniently located near the public boat ramp with Gulf access, making trips to Shell Island quick and easy. With NO restrictions, the possibilities are endless. Properties with this level of amenities, lot size, and flexibility are extremely rare. This is more than home, its an experience and you don't want to miss out on it!
Data source: Emerald Coast Association of REALTORS®
Team Turner (Counts Real Estate Group) can set up a private showing or send you full details.
Request a showingThe beach in Panama City Beach is public. The closest public access to this home is S. Rick Seltzer Park, about 0.2 mi away.
Closest public beach access:
Parking: Free unpaved lot, 4.7-acre park
Restrooms, outdoor showers, boardwalk, gazebo, pavilion, seasonal lifeguard, mobility mats
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsParking: No vehicle parking; on-street only if permitted
Dune walkover to beach; no known facilities
DirectionsThis is general information to help you plan, not legal advice about any specific property. The beach in Panama City Beach is public, but individual access points vary - some have coded gates for nearby residents and guests, and parking differs from one access to the next. Confirm parking and entry before heading out.
$1,199,000
4 bd · 4 ba · 2,384 sf
21605 Marlin Avenue, Panama City Beach, FL 32413
No photo
$1,200,000
4 bd · 4 ba · 4,472 sf
119 Legend Lakes Drive, Panama City Beach, FL 32408
No photo
$1,195,000
4 bd · 4 ba · 3,065 sf
300 Breakwater Boulevard, Panama City Beach, FL 32413
No photo
$1,224,000
3 bd · 4 ba · 2,771 sf
1102 Redfish Circle, Panama City Beach, FL 32408
No photo
$1,225,000
4 bd · 4 ba · 2,798 sf
209 Oleander Drive, Panama City Beach, FL 32413
No photo
$1,145,000
4 bd · 3 ba · 2,863 sf
403 Wahoo Road, Panama City Beach, FL 32408
Counts Real Estate Group
Courtesy of Legacy Premier Agency LLC · Nathan R Lawrence · 850-250-3701
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Counts Real Estate Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Listing data last updated 2026-08-23 20:30:31.