119 Southfields Road 119 & 121, Panama City Beach, FL 32413

$1,500,000
Property Type: Residential Bedrooms: 7 Baths: 7 Square Footage: 3,864 Lot Size (sq. ft.): 3,877 Status: Pending
Current Price: $1,500,000 List Date: 3/30/2026 Last Modified: 4/07/2026

Overview

Description

Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providi

Listing Details MLS# 787608

Contract Info

List Price/SqFt
388.2

Location

Area
03 – Bay County – Beach
Street #
119
Street Name
Southfields
Street Suffix
Road
Unit #
119 & 121
State
FL
Zip Code
32413
County
Bay
Sub Area
0324 – Beach – West Central
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
36071-061-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
From the west end of Panama City Beach, head east on Front Beach Road. Turn left onto Southfields Road. Take the first left into the driveway and follow it to the end. The property will be on the righ
Legal Description
5 3S 17W -2.61- BEG 162.8' E & 215.17' S OF NW COR OF E1/2 OF GOVT LOT 3 TH SELY 55.19' S 39.86' FOR POB TH S 74.18', N67W 31.97' TH N 62.10', E 29.75' TO POB A/K/A 119 SOUTHFIELDS RD *************AND************** 5 3S 17W BEG 162.8' E & 215.17' S O F NW COR OF E1/2 OF GOVT LOT 3 FOR POB TH S73E 55.19' S 22.03' W 52.72' N 37.67' TO POB ORB 3827 P 1285 TOG/W ESMT

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
3864
SqFt Source
Prop App Site
Full Baths
6
Half Baths
Yes
Total Baths
7
Year Built
2004
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Assigned Spaces
5
Lot Dimensions
irregular
Acreage
0.09
Lot Size (SqFt)
3877
Pool
Yes
Pool Type
Private

Status Change Info

Under Contract Date
2026-04-07

Waterfront Feature

Waterfront Feet
150

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
9970
Last Tax Year
2025
Brokerage Interest
No Interest

More Information

Remarks & Misc

Remarks
Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.

Dining Room

First
Yes

Pool Features

Inground
Yes

Appliances

Dishwasher
Yes
Instant Hot Water
Yes
Microwave
Yes
Range – Electric
Yes
Range Hood
Yes
Water Heater – Electric
Yes
Water Heater – Tankless
Yes

Interior Features

Floor – Tile
Yes
Floor – Vinyl Plank
Yes
Pantry
Yes
Split Bedroom
Yes
Window – Treatment Some
Yes

Construction/Siding

Siding – Hardie Board
Yes
Siding – Stucco
Yes
Trim – Hardie Board
Yes
Trim – Vinyl
Yes

Exterior

Balcony
Yes
Deck Covered
Yes
Deck Open
Yes
Fenced Lot-All
Yes
Fenced Privacy
Yes
Shower
Yes
Porch Open
Yes

Other Structures

Guest House
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Furnished
Yes

Interior

Bonus Room
Yes
Bunk Room
Yes

Kitchen

First
Yes
Second
Yes

Living Room

First
Yes

Lot Features

Near Beach Access
Yes
Near Public Boat Ramp
Yes
Within 1/2 Mile to Water
Yes

Lot Access

Near Interstate Exit
Yes
Paved Road
Yes

Parking Features

Additional Parking
Yes

Mstr Bath / Mstr Bdrm

MBath Double Vanity
Yes
MBed Balcony
Yes
MBed First Floor
Yes
MBed Walk-in Closet
Yes
MBath Shower/Tub Combo
Yes

Present Zoning

Resid Single Family
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes
Underground Utilities
Yes

Waterview

Gulf
Yes
Unobstructed
Yes

Sale Type

As Is
Yes

Master Bedroom

Third
Yes

Bedroom

First
Yes
Second
Yes
Third
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes
Electric
Yes

Security Features

Carbon Monoxide Detector
Yes
Security Lights
Yes
Smoke Detector(s)
Yes
Other
Yes

Property Features

Appliances: Dishwasher; Instant Hot Water; Microwave; Range – Electric; Range Hood; Water Heater – Electric; Water Heater – Tankless Master Bedroom: Third Bedroom: First; Second; Third Cooling: Ceiling Fan(s); Central Air Heating: Central; Electric Exterior: Balcony; Deck Covered; Deck Open; Fenced Lot-All; Fenced Privacy; Shower; Porch Open Financing: Cash; Conventional Furnished: Furnished Interior: Bonus Room; Bunk Room Kitchen: First; Second Living Room: First Lot Features: Near Beach Access; Near Public Boat Ramp; Within 1/2 Mile to Water Lot Access: Paved Road Dining Room: First Pool Features: Inground Security Features: Carbon Monoxide Detector; Security Lights; Smoke Detector(s); Other Parking Features: Additional Parking Other Structures: Guest House Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Public Sewer – Connected; Public Water – Connected; Underground Utilities Waterview: Gulf; Unobstructed Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Master Bedroom Third 16.5 x 18.9 16.50 18.90
Bedroom Third 11 x 10.3 11.00 10.30
Bedroom Second 10.9 x 12.6 10.90 12.60
Bedroom First 10.9 x 12.6 10.90 12.60
Master Bedroom Third 19.5 x 10.6 19.50 10.60
Bedroom Third 14.1 x 12.9 14.10 12.90
Bedroom Second 19.5 x 10.8 19.50 10.80
Bedroom Second 14.1 x 12.9 14.10 12.90
Living Room First 14.1 x 18 14.10 18.00
Dining Room First 10.11 x 10.7 10.11 10.70
Kitchen First 8.1 x 16.1 8.10 16.10
Living Room First 17.5 x 14.1 17.50 14.10
Kitchen Second 17.5 x 14 17.50 14.00
Listing Office: Corcoran Reverie
Last Updated: April – 07 – 2026
Information deemed reliable but not guaranteed.