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209 Oleander Drive Panama City Beach, FL 32413

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For Sale
$1,379,000

MULTI_FAMILY - Panama City Beach, FL

Property size:
2,798 SF
Added:
Feb 14, 2026
Days on Market:
53
Last Refresh:
Apr 8 at 9:06 am

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, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 4, Family Room
Security features
Security
Patio and Porch features
Porch, Patio
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
Heat Pump (Heating), Central
Cooling system
Central Air, ENERGY STAR Qualified Equipment, Ductless

Building Details

Year built
1964
Flooring type
Vinyl
Building materials
Block, HardiplankType
Roof type
Metal
Additional Structures
Garage(s)

We can help!

Listing Contact
Chris M Shelton

Listing agent Chris M Shelton

Listing office Beachy Beach Real Estate 213 Harrison Avenue, Panama City Beach, FL

Listing date Feb 14, 2026

MLS# 785643

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

Two Homes Near Panama City Beach

Located in Panama City Beach, this property features two homes on an L-shaped lot, suitable for a primary residence, second home, or short-term rentals. The property is less than 600 steps from the beach, offering convenient access to the Gulf's beaches, dining, shopping, and entertainment. The main house, remodeled in 2017, features bright living spaces. It includes 2 bedrooms, 2 full baths, a dining room, kitchen, and living room. It also has new plumbing and wiring, a 2025 HVAC system with UV light and a heat pump, a stacked washer/dryer, a screened-in patio, a large outdoor deck, and a fenced backyard. Additional features include a touchless faucet, hurricane panels, an outdoor shower, and a sprinkler system. The kitchen is located on the first floor. A 8 x 12 storage shed and a 30 x 30 insulated workshop are also on the property. The main house also has an ozone hot tub. Constructed with a slab on grade and concrete block with Harding siding/trim, the garage can accommodate 2 cars and a golf cart, while the driveway can hold 6 cars. The property also includes a carriage house built in 2023. It features a two-car garage, a balcony, and a paved patio. The carriage house includes vinyl plank flooring, a smart thermostat, window treatments, hurricane windows, and high-impact windows and doors. The kitchen is on the second floor. It also has a great room, master bedroom, a second bedroom, a bathroom with a separate water closet, and a stackable washer and dryer. The carriage house driveway has space for 4 cars. Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property has one water/sewer bill for both homes and two electric meters. The sellers have generated approximately $23,000 per year in short-term rental income (estimated).
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Real Estate Agency Law Firm Restaurant Building Supply Auto Repair Shop Accounting Firm Kitchen & Bath Showroom Bar & Pub Food Market HVAC Service

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
-85.93753
Latitude
30.247753

FAQs

What type of property is this?
Short term rental property - Two homes ideal for residence, second home, or short-term rental.
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 $1,379,000.
What are key features of this property?
This property features: Steps from the beach in Panama City Beach.; Income‑producing property with existing carriage house (ADU) generating $20,000 annually.; 30x30 insulated workshop with plumbing, convertible to additional rental unit.
More about this property
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