209 Oleander Drive Panama City Beach, FL 32413
- Added:
- Feb 14, 2026
- Days on Market:
- 63
- Last Refresh:
- Apr 18 at 3:06 pm
Property Features for 209 Oleander Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Family Room, Bathroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 2
- Security features
- Security
- Patio and Porch features
- Patio, Porch
- Interior features
- SmartThermostat
- Exterior features
- Patio, OutdoorShower, Porch
- Fencing
- Fenced
- Appliances
- WasherDryerStacked, EnergyStarQualifiedAppliances, ElectricCooktop, ElectricOven, ElectricRange, WaterSoftenerOwned, TanklessWaterHeater
- Standard status
- Active
- APN
- 36813-000-000
- Size
- 2,798 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LAGUNA BEACH ESTATES 7TH ADD LOTS 1, 2 & 3 BLK 28 LESS PRCL ORB 3499 P 1773
- Tax Annual Amount
- 4972
Utilities
- Heating system
- Central, Heat Pump (Heating)
- Cooling system
- ENERGY STAR Qualified Equipment, Central Air, Ductless
Building Details
- Year built
- 1964
- Flooring type
- Vinyl
- Building materials
- Block, HardiplankType
- Roof type
- Metal
- Additional Structures
- Garage(s)
Listing agent Chris M Shelton (850) 896-2000
Listing office Beachy Beach Real Estate 213 Harrison Avenue, Panama City Beach, FL (850) 532-6262
Listing date Feb 14, 2026
MLS# 785643
Listing URL
Copyright © 2026 Central Panhandle 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
Laguna Beach Multifamily Investment Opportunity
Located in the heart of Panama City Beach, this property at 209 Oleander Drive features a spacious L-shaped lot. The property is less than 600 steps from the beach. It is suitable as a primary residence, second home, or income-producing short-term rental. The main house, remodeled in 2017, has bright living spaces and an open flow. A 30x30 insulated workshop with plumbing offers conversion potential into an additional rental unit, a home business space, or vehicle storage. A carriage house (ADU), built in 2023, includes a two-car garage and has generated $20,000 annually in short-term rental income over the past two years. The two-car garage with a separate entrance can also be converted into additional rental space. Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property is connected to city water and sewer, with one shared water/sewer bill and two separate electric meters. The property size is 2798 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Longitude
- -85.93753
- Latitude
- 30.247753
Nearby Similar for Sale
FAQs
What type of property is this?
Short term rental property - Versatile property near the beach with income potential.
Where is this short term rental property located?
The property is located at 209 Oleander Drive Panama City Beach, FL.
What is the asking price?
The asking price for this property is $1,369,000.
What are key features of this property?
This property features: Steps to the beach (less than 600 steps).; **Income‑producing ADU (carriage house) built in 2023, generating $20,000 annually.**; **30x30 insulated workshop with plumbing, convertible to rental unit or home business.**
