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Fully renovated beach cottage and RENTAL MACHINE only .3 miles from the Gulf! This stunning 3-bedroom, 2-bath coastal home sits on a huge lot with no HOA in the heart of Lower Grand Lagoon, offering the kind of space that is nearly impossible to find this close to the water. Every inch of this cottage has been meticulously updated, including a 2020 metal roof, HVAC, Hardie Board siding, vinyl windows, septic system, PEX plumbing, and copper wiring. The coastal interior shines with granite countertops, white cabinets, stainless appliances, wood-look tile flooring, and updated fixtures throughout. All of the furnishings convey to the new buyer. Beyond the beautiful renovations, this property is a proven high-producing investment that has consistently delivered impressive results, generating $58,642 in 2023, $50,378 in 2024, and $45,591 in 2025. It is currently self-managed and the seller would be happy to share his process and vendors so a new buyer could continue. 2026 is on track with HUGE numbers! Over $41,500 already completed in Jan-July 2026! The massive yard provides plenty of room to add a private pool, while the oversized driveway offers an abundance of parking for a boat, jet skis, and golf cart. An amazing covered front porch offers the perfect hangout, while the private outdoor shower makes cleaning off the sand effortless after a day at the beach. This prime location puts you mere blocks from the community boat ramp and minutes from the area's best-loved dining spots like Schooners, Patches, and Finn's, offering guests the ultimate coastal lifestyle with world-class boating, fishing, and white sandy beaches just down the street. This property perfectly balances a relaxed coastal vibe with a proven track record of rental success. Schedule your showing today. A video tour is also available
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 Beach Access #11, about 0.2 mi away.
Closest public beach access:
Parking: Dedicated/vehicle parking (GIS)
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
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.
$419,000
3 bd · 2 ba · 1,540 sf
2416 Dorothy Avenue # A, Panama City Beach, FL 32408
No photo
$419,000
3 bd · 2 ba · 1,253 sf
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No photo
$415,000
3 bd · 2 ba · 1,484 sf
101 Villa Court, Panama City Beach, FL 32413
No photo
$427,000
3 bd · 3 ba · 2,440 sf
612 Amberjack Drive, Panama City Beach, FL 32408
No photo
$408,000
3 bd · 2 ba · 1,330 sf
506 Dolphin Drive, Panama City Beach, FL 32413
No photo
$430,000
4 bd · 3 ba · 1,972 sf
324 Madison Circle, Panama City Beach, FL 32407
Counts Real Estate Group
Courtesy of Coldwell Banker Realty · Courtney Pantalena · denis.mckinnon@cbrealty.com
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 22:31:12.