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    116 Lakeside Cir, Unit unit A&B Panama City Beach, FL 32413

    For Sale
    $545,000

    MULTI_FAMILY - Other - Panama City Beach, FL

    Property size:
    1,664 SF
    Lot size:
    0.17 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 4 at 11:06 pm

    Property Features for 116 Lakeside Cir

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Resid Multi-Family
    Rooms
    Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Dining Room
    Bedrooms
    4
    Bathrooms
    2
    APN
    32827-082-000
    Interior features
    Newly Painted
    Exterior features
    Sprinkler System
    Fencing
    Privacy
    Appliances
    Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Smooth Stovetop Rnge, Washer, Water Heater - Elect
    Size
    1,664 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air

    Building Details

    Year built
    1972
    Floors in Building
    1
    Flooring type
    Laminate, Tile
    Building materials
    Brick
    Architectural style
    Other

    Rising Star Real Estate, Inc. (850) 217-0990 [email protected]

    Listing agent 30AMY HOMES (850) 420-5663

    Listing date Sep 6, 2025

    Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Duplex Near Panama City Beach

    This updated duplex is located a short walk from the beach. Each side of the property features 2 bedrooms and 1 full bath, totaling 4 bedrooms and 2 baths across the entire building. Both units have separate electric meters and their own laundry rooms with washers and dryers. The kitchens and bathrooms have granite countertops. Unit B includes new stainless-steel appliances and new wood laminate flooring throughout, while Unit A features ceramic tile in the kitchen, bath, and living room. Both units have been freshly painted. Residents can relax on the front porch or in the private, fenced backyards. Updates include a new roof installed in 2021, a new water softener with leak detection and auto shutoff, and new plumbing, drain lines, and faucets throughout. The property is connected to city water and sewer, requires no HOA dues, and is located in Flood Zone X, where flood insurance is not required. Zoned multi-family with short-term rentals allowed, the property also offers flexible parking, suitable for a boat, RV, or trailer. Located on the west end, the property is a short drive from Pier Park shopping and dining district, Dolly Parton's Pirate Voyage Dinner & Show, and Frank Brown Park. The property is fully furnished and move-in ready, offering the option to live in one unit and rent the other, or use both as income-producing rentals. The property size is 1664 square feet and the lot size is 0.17 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City Beach
    County
    Bay
    State
    Florida
    Longitude
    -85.881358
    Latitude
    30.227506

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near the beach with income potential.
    Where is this duplex located?
    The property is located at 116 Lakeside Cir, Unit unit A&B Panama City Beach, FL.
    What is the asking price?
    The asking price for this property is $545,000.
    What are key features of this property?
    This property features: - 12-minute walk to the beach.; - Duplex featuring two updated units, each with 2 bedrooms, 1 bath, and separate laundry.; - New roof (2021), new plumbing, and new water softener with leak detection and auto shutoff.
    (850) 420-5663
    Request Owner's contact information
    116 Lakeside Cir, Unit unit A&B Panama City Beach, FL 32413
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    Panama City Beach, FL 32413
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 Lakeside Cir, Unit unit A&B Panama City Beach, FL 32413
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