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Duplex with Separate Workshop
New
For Sale
$1,199,000

209 Oleander Drive, Panama City Beach, FL 32413

Residential, Panama City Beach, FL

Property Size2,798 SF
Price / SF$428.52
Days on Market2

Property Features for 209 Oleander Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Resid Multi-Family
Bedrooms 4
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 1, Laundry Room, Bedroom 1, Family Room, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 4, Bedroom 2, Bathroom 2, Laundry Room
Parking 11
Parking features Garage - Detached, Oversize
Window features Window Treatments
Patio and Porch features Patio
Interior features Ceiling Crwn Molding, Fireplace, Pantry, Washer/Dryer Hookup
Exterior features Balcony, Fenced Back Yard, Hurricane Shutters, Shower
Fencing Back Yard
Fireplace 1
Appliances Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Tnkls
Subdivision LAGUNA BEACH ESTATES 7TH ADDN
Lot features Interior, Within 1/2 Mile to Water
Elementary school West Bay
Middle school Surfside
High school Arnold
Directions Corner of First and Oleander
Standard status Active
APN 36813-000-000
Size 2,798 SF

Additional Details

Individually Metered Utilities electricity

Taxes and HOA fees

Tax Year 2025
Tax Description Laguna Beach Estates 7th Addlots 1, 2 & 3 Blk 28Less Prcl
Tax Annual Amount 4972
Legal Description Laguna Beach Estates 7th Addlots 1, 2 & 3 Blk 28Less Prcl

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Central
Cooling system Central Air

Amenities

tankless water heaters
walk-in showers
smoke detectors

Building Details

Year built 1964
Flooring type Vinyl
Building materials Block, Siding CmntFbrHrdBrd
Architectural style Other
Additional Structures Workshop
Listing Agency: Keller Williams Realty SRB
Listed By: Mike Herring · License #3256219
Added: Nov 4 Last Checked: Nov 5 at 9:06PM
MLS# 1014881

Copyright © 2026 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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 2,798-square-foot property includes a main residence and a separate carriage house/ADU. The main home was remodeled in 2017, and the carriage house was built in 2023 with a two-car garage and separate entrance. A detached 30-by-30-foot insulated workshop has plumbing in place. Both residences have full appliance packages and tankless water heaters. The property also includes a fenced backyard, patio, balcony, and hurricane shutters.

Located in Panama City Beach, the property is under 500 steps from the beach and sits on nearly a quarter acre. City water and public sewer serve the site; the residences share one water/sewer bill and have separate electric meters. Zoning is Residential Multi-Family.

Key Highlights

  • 2,798 square feet across the property
  • Main residence remodeled in 2017; carriage house/ADU built in 2023
  • Detached 30x30 insulated workshop with plumbing in place

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

168
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residences, a detached workshop, and separate electric meters support a flexible coastal property with residential multifamily zoning.
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 $1,199,000.
What are key features of this property?
This property features: 2,798 square feet across the property; Main residence remodeled in 2017; carriage house/ADU built in 2023; Detached 30x30 insulated workshop with plumbing in place
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