149/150 Cain Road, Panama City Beach, FL 32413

$975,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,304 Status: Active
Current Price: $975,000 List Date: 12/31/2025 Last Modified: 2/16/2026

Description

Rare opportunity to own both sides of a beautifully updated duplex in West Panama City Beach with picturesque views of Lake Powell, one of Florida’s largest and most pristine coastal dune lakes. Located in the Pirates Cove community, this exceptional property boasts exclusive access to the Gulf via a private dock and boat launch, offering a refined coastal lifestyle ideal for boating, fishing, paddle boarding, and kayaking. Enjoy direct water access from your own backyard, while being just minutes from the sugar-white sands of the Gulf, the boutiques and dining along Scenic Highway 30A, and the natural beauty of Camp Helen State Park. (149 CAIN ROAD AND 150 CAIN ROAD BEING SOLD TOGETHER PARCEL IDS: 35257-060-000 AND 35257-050-000) Pirates Cove also features two community pools, and the elevated coastal design of this home provides spacious covered parking beneath the home, accommodating multiple vehicles, a boat, and offering flexibility for storage and outdoor gear. The interiors feature a bright, open-concept layout with a relaxed coastal aesthetic and thoughtful updates throughout. Expansive living and dining areas are filled with natural light, creating an open and inviting space ideal for entertaining. Updated kitchens showcase granite countertops, stainless steel appliances, gray shaker cabinetry, and generous bar seating, seamlessly connecting to the living and dining spaces. Both units are tastefully updated, turn-key furnished, and supported by a strong rental history, making this an exceptional investment opportunity, multi-family retreat, or private coastal getaway.

More Information MLS# 783062

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 529 HOA Frequency: Quarterly HOA Annual Amount: 2116 New Buyer Fee: No Last Taxes: 3520 Last Tax Year: 2024 Brokerage Interest: No Interest As Is: No

Contract Info

List Price/SqFt: 423.18 Status: Active List Date: 2025-12-31 List Price: $975,000 Current Price: $975,000

Location

Sub Area: 0322 – Beach – North West Community/Resort: None Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: FROM US HWY 98, TURN NORTH ON CAIN ROAD, ACROSS HWY 98 FROM CARILLON BEACH Area: 03 – Bay County – Beach Street #: 149/150 Street Name: Cain Street Suffix: Road State: FL Zip Code: 32413 County: Bay Subdivision: Pirate’s Cove Inlet Parcel ID: 35257-060-000 Legal Description: 32 2S 17W -40.6- 5D3 BEG 18.19′ S & 66.05′ E OF NW COR GOVT LOT 38 TH E 21.20′ S 100′ W 31.23′ NELY 100.49′ TO POB AKA UNIT #149 ORB 4478 P 2382

General Property Info

Design: Beach House Apx SqFt(Htd/Cooled): 2304 Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 3 # of Units in Bldg: 2 Lot Dimensions: 45×100 New Construction: No Garage Y/N: No Pool: Yes Pool Type: Community Sub-Type: Attached Single Unit Bedrooms: 4 Full Baths: 4 Total Baths: 4 Year Built: 1985

Remarks & Misc

Remarks: Rare opportunity to own both sides of a beautifully updated duplex in West Panama City Beach with picturesque views of Lake Powell, one of Florida’s largest and most pristine coastal dune lakes. Located in the Pirates Cove community, this exceptional property boasts exclusive access to the Gulf via a private dock and boat launch, offering a refined coastal lifestyle ideal for boating, fishing, paddle boarding, and kayaking. Enjoy direct water access from your own backyard, while being just minutes from the sugar-white sands of the Gulf, the boutiques and dining along Scenic Highway 30A, and the natural beauty of Camp Helen State Park. (149 CAIN ROAD AND 150 CAIN ROAD BEING SOLD TOGETHER PARCEL IDS: 35257-060-000 AND 35257-050-000) Pirates Cove also features two community pools, and the elevated coastal design of this home provides spacious covered parking beneath the home, accommodating multiple vehicles, a boat, and offering flexibility for storage and outdoor gear. The interiors feature a bright, open-concept layout with a relaxed coastal aesthetic and thoughtful updates throughout. Expansive living and dining areas are filled with natural light, creating an open and inviting space ideal for entertaining. Updated kitchens showcase granite countertops, stainless steel appliances, gray shaker cabinetry, and generous bar seating, seamlessly connecting to the living and dining spaces. Both units are tastefully updated, turn-key furnished, and supported by a strong rental history, making this an exceptional investment opportunity, multi-family retreat, or private coastal getaway.

Pool Features

Inground: 1

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven – Electric: 1 Range – Electric: 1 Refrigerator: 1 Washer: 1 Water Heater – Electric: 1

Interior Features

Breakfast Bar: 1 Floor – Tile: 1 Floor – Vinyl Plank: 1 Lock Out Unit: 1 Pantry: 1 Window – Treatment Some: 1

Construction/Siding

Wood/Frame: 1 Roof – Composite Shngl: 1 Siding – Hardie Board: 1

Exterior

Balcony: 1 Deck Covered: 1 Deck Enclosed: 1 Deck Open: 1 Double Pane Windows: 1

Waterfront Feature

Boat Launch: 1

Other Structures

RV/Boat Storage: 1

Association Fees Include

BBQ Pit/Grill: 1 Boat Launch: 1 Dock: 1 Playground: 1 Pool: 1 Recreational Faclty: 1 Trash Disposal: 1

Furnished

Furnished: 1

Kitchen

Second: 1

Living Room

Second: 1

Lot Features

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

Lot Access

Paved Road: 1

Parking Features

Carport Attached: 1 Oversized: 1

Mstr Bath / Mstr Bdrm

MBath Shower/Tub Combo: 1

Present Zoning

Resid Single Family: 1

Association Amenities

BBQ Pit/Grill: 1 Boat Launch: 1 Dock: 1 Fishing: 1 Picnic Area: 1 Pool: 1 Waterfront: 1

Rooms

Bedroom: 1 Kitchen: 1 Living Room: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Public Sewer – Connected: 1 Public Water – Connected: 1

Waterview

Lake: 1

Bedroom

Second: 1

Cooling

Ceiling Fan(s): 1 Electric: 1

Heating

Electric: 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Bedroom: Second Cooling: Ceiling Fan(s); Electric Heating: Electric Exterior: Balcony; Deck Covered; Deck Enclosed; Deck Open; Double Pane Windows Association Fees Include: BBQ Pit/Grill; Boat Launch; Dock; Playground; Pool; Recreational Faclty; Trash Disposal Furnished: Furnished Kitchen: Second Living Room: Second Lot Features: Deeded Access Water; Near Beach Access; Near Public Boat Ramp; Within 1/2 Mile to Water Lot Access: Paved Road Pool Features: Inground Parking Features: Carport Attached; Oversized Other Structures: RV/Boat Storage Association Amenities: BBQ Pit/Grill; Boat Launch; Dock; Fishing; Picnic Area; Pool; Waterfront Rooms: Bedroom; Kitchen; Living Room Utilities: TV Cable; Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Feature: Boat Launch Waterview: Lake Present Zoning: Resid Single Family

Room Information

Living Room Level: Second Dimensions: 14 x 22 Length: 14.00 Width: 22.00 Dimensions: 14 x 22 Kitchen Level: Second Dimensions: 11.5 x 12 Length: 11.50 Width: 12.00 Dimensions: 11.5 x 12 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: Second Dimensions: 13.5 x 14 Length: 13.50 Width: 14.00 Dimensions: 13.5 x 14 Bedroom Level: Second Dimensions: 15 x 12 Length: 15.00 Width: 12.00 Dimensions: 15 x 12 Bedroom Level: Second Dimensions: 13.5 x 14 Length: 13.50 Width: 14.00 Dimensions: 13.5 x 14
Listing Office: The Premier Property Group
Last Updated: February – 16 – 2026
Information deemed reliable but not guaranteed.