Duplex with Insulated
For Sale
$1,275,000
209 Oleander Drive, Panama City Beach, FL 32413
MULTI_FAMILY - Panama City Beach, FL
Property Size2,798 SF
Price / SF$455.68
Days on Market170
Property Features for 209 Oleander Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Resid Multi-Family
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Family Room, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Security features
Security
Patio and Porch features
Patio, Porch
Interior features
DoubleVanity, MainLevelPrimary, SmartThermostat
Exterior features
Patio, OutdoorShower, Porch
Fencing
Fenced
Appliances
WasherDryerStacked, EnergyStarQualifiedAppliances, ElectricCooktop, ElectricOven, ElectricRange, WaterSoftenerOwned, TanklessWaterHeater
Subdivision
Laguna Beach Estates 7th Add
Lot features
Sprinkler System, Paved
Elementary school
West Bay
Middle school
Surfside
High school
Arnold
Directions
Follow US-98 W to Oleander Dr in Laguna Beach
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
Legal Description
LAGUNA BEACH ESTATES 7TH ADD LOTS 1, 2 & 3 BLK 28 LESS PRCL ORB 3499 P 1773
Utilities
Heating system
Central, Heat Pump (Heating)
Cooling system
Ductless, Central Air, ENERGY STAR Qualified Equipment
Building Details
Year built
1964
Building materials
Block, HardiplankType
Roof type
Metal
Additional Structures
Garage(s)
Listing Agency:
Beachy Beach Real Estate
(850) 532-6262
Listed By:
Chris M Shelton
(850) 896-2000
Added: Feb 14
Changed: Aug 2
Last Checked: Aug 3 at 12:06PM
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.
Investment Insights
Based on property information with market context.
This duplex-style property at 209 Oleander Drive is set up for flexible living and guest use, with two separate living spaces. The main house is currently owner-occupied and was remodeled in 2017, and it includes bright living areas with an open flow through the interior. Appliances and mechanical systems are included for comfort and convenience, including tankless water heaters, walk-in showers, smoke detectors, and a full appliance package. The property is connected to city water and sewer (no septic), with one shared water/sewer bill and two separate electric meters.
A standout feature is a 30x30 insulated workshop with plumbing already in place, offering room to adapt as storage, a home business, or potentially additional rental use. Also on-site is a carriage house (ADU) built in 2023 with a two-car garage and a separate entrance.
Outdoor amenities include a patio, porch, and outdoor shower, and the home has central heating and cooling plus additional ductless equipment. Built in 1964 with block and HardiPlank type construction and a metal roof, the property is on an L-shaped lot and is described as less than 600 steps to the Gulf beach.
A standout feature is a 30x30 insulated workshop with plumbing already in place, offering room to adapt as storage, a home business, or potentially additional rental use. Also on-site is a carriage house (ADU) built in 2023 with a two-car garage and a separate entrance.
Outdoor amenities include a patio, porch, and outdoor shower, and the home has central heating and cooling plus additional ductless equipment. Built in 1964 with block and HardiPlank type construction and a metal roof, the property is on an L-shaped lot and is described as less than 600 steps to the Gulf beach.
Key Highlights
- Duplex‑style property with 2 separate living spaces and owner‑occupied main home
- Main house remodeled in 2017, built in 1964 with block and HardiPlank type construction
- 30x30 insulated workshop with plumbing already in place
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
168
Businesses Nearby
Explore this area
Business Placement
Demographics for 32413, FL
15,217
Population
16,334
Households
0.9
Avg Household Size
50
Median Age
34%
College-Educated
94%
High-School Grad
108.2 sq mi
ZIP Area
141
Density / Sq Mi
$76,010
Median Household Income
$41,282
Median Earnings
$1,629
Median Rent
$384,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with a 2023 carriage house ADU and two-car garage, plus city water and sewer connection.
Where is this duplex 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 $1,275,000.
What are key features of this property?
This property features: Duplex‑style property with 2 separate living spaces and owner‑occupied main home; Main house remodeled in 2017, built in 1964 with block and HardiPlank type construction; 30x30 insulated workshop with plumbing already in place
