209 Oleander Drive, Panama City Beach, FL 32413
$1,369,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
2,798
Status:
Active
Current Price:
$1,369,000
List Date:
2/24/2026
Last Modified:
4/19/2026
Listing Details MLS# 785643
Contract Info
- List Price/SqFt
- 489.28
Location
- Area
- 03 – Bay County – Beach
- Street #
- 209
- Street Name
- Oleander
- Street Suffix
- Drive
- State
- FL
- Zip Code
- 32413
- County
- Bay
- Sub Area
- 0324 – Beach – West Central
- Subdivision
- Laguna Beach Estates 7th Add
- Community/Resort
- Laguna Beach
- Waterfront
- No
- Parcel ID
- 36813-000-000
- Elementary School
- West Bay
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Follow US-98 W to Oleander Dr in Laguna Beach
- Legal Description
- LAGUNA BEACH ESTATES 7TH ADD LOTS 1, 2 & 3 BLK 28 LESS PRCL ORB 3499 P 1773
General Property Info
- Sub-Type
- Multi Family
- Design
- N/A
- Apx SqFt(Htd/Cooled)
- 2798
- SqFt Source
- Prop App Site
- Full Baths
- 3
- Half Baths
- Yes
- Total Baths
- 4
- Year Built
- 1964
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- Yes
- Garage Spaces
- 3
- Lot Dimensions
- 150 X 55 X 73 X 55
- Pool
- No
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 4972
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- OPPORTUNITY ABOUNDS ON THIS LAGUNA BEACH PROPERTY! Welcome to 209 Oleander Drive, ideally located in the heart of Panama City Beach on a spacious L-shaped lot, just steps from the sugar-white sands and emerald waters of the Gulf (less than 600 steps to the beach!). This versatile property is perfect as a primary residence, second home, or income producing short-term rental with two separate living spaces. The main house, currently owner-occupied and remodeled in 2017, features bright living spaces and a functional, open flow that is welcoming for both owners and guests. Step outside to enjoy a private outdoor area perfect for relaxing after a day at the beach or entertaining visitors. A standout feature is the 30×30 insulated workshop, offering endless possibilities. With plumbing already in place, it could easily be converted into an additional rental unit, used for a home business, or serve as storage for vehicles or a collection. The property also includes a carriage house (ADU) built in 2023, complete with a two-car garage. Over the past two years, this unit has generated $20,000 annually in short-term rental income, making it an excellent opportunity for buyers seeking immediate investment potential. The two-car garage with separate entrance also offers the option to be converted into additional rental space. Both homes include a full appliance package, tankless water heaters, walk-in showers, and smoke detectors. The property is connected to city water and sewer (no septic), with one shared water/sewer bill and two separate electric meters. Refer to upgrade list in document section. Whether you're looking for a personal beach retreat, an income-producing property, or a combination of both, this unique opportunity offers flexibility, expansion potential, ample storage, and an unbeatable location. Schedule your showing today and discover the possibilities of beach living and investment in Panama City Beach!
Breakfast Room
- First
- Yes
More Information
Family Room
- Second
- Yes
Garage
- First
- Yes
Master Bathroom
- First
- Yes
Studio
- First
- Yes
Appliances
- Cooktop – Electric
- Yes
- Dishwasher
- Yes
- ENERGY STAR Qualified Appliances
- Yes
- Microwave
- Yes
- Oven – Electric
- Yes
- Range – Electric
- Yes
- Range Hood
- Yes
- Refrigerator
- Yes
- Washer/Dryer Stacked
- Yes
- Water Heater – Tankless
- Yes
- Water Softener – Owned
- Yes
Interior Features
- Bookcases
- Yes
- Ceiling – Crwn Molding
- Yes
- Fireplace
- Yes
- Floor – Tile
- Yes
- Floor – Vinyl
- Yes
- Floor – Vinyl Plank
- Yes
- Pantry
- Yes
- Window – Treatment All
- Yes
Construction/Siding
- Block
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Metal
- Yes
- Siding – Hardie Board
- Yes
- Trim – Hardie Board
- Yes
Exterior
- Balcony
- Yes
- Fenced Back Yard
- Yes
- Fenced Lot-Part
- Yes
- Hurricane Shutters
- Yes
- Shower
- Yes
- Patio Covered
- Yes
- Patio Enclosed
- Yes
- Porch Covered
- Yes
- Porch Screened
- Yes
- Sprinkler System
- Yes
Other Structures
- Garage(s)
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- VA
- Yes
Furnished
- Unfurnished
- Yes
Interior
- Smart Thermostat
- Yes
Kitchen
- First
- Yes
Living Room
- First
- Yes
Lot Access
- City Street
- Yes
- Paved Road
- Yes
Parking Features
- Additional Parking
- Yes
- Garage Attached
- Yes
- Garage Detached
- Yes
- Paved
- Yes
Mstr Bath / Mstr Bdrm
- MBath Double Vanity
- Yes
- MBath Shower Only
- Yes
- See Remarks
- Yes
Present Zoning
- Resid Multi-Family
- Yes
Rooms
- Bedroom
- Yes
- Breakfast Room
- Yes
- Family Room
- Yes
- Full Bathroom
- Yes
- Garage
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Master Bathroom
- Yes
- Master Bedroom
- Yes
- Studio
- Yes
Showing
- ShowingTime
- Yes
Utilities
- Cable – Available
- Yes
- TV Cable
- Yes
- Internet – Fiber Optic
- Yes
- Sewer Available
- Yes
- Public Water – Connected
- Yes
- Underground Utilities
- Yes
Sale Type
- As Is
- Yes
Full Bathroom
- Second
- Yes
Master Bedroom
- First
- Yes
Bedroom
- Second
- Yes
Cooling
- Central Air
- Yes
- ENERGY STAR Qualified Equipment
- Yes
- Mini-Split/Ductless
- Yes
Heating
- Central
- Yes
- ENERGY STAR Qualified Equipment
- Yes
- Heat Pump
- Yes
- Other – See Remarks
- Yes
Security Features
- Secured Garage/Parking
- Yes
- Security System
- Yes
- Smoke Detector(s)
- Yes
Property Features
Appliances:
Cooktop – Electric; Dishwasher; ENERGY STAR Qualified Appliances; Microwave; Oven – Electric; Range – Electric; Range Hood; Refrigerator; Washer/Dryer Stacked; Water Heater – Tankless; Water Softener – Owned
Full Bathroom:
Second
Master Bedroom:
First
Bedroom:
Second
Cooling:
Central Air; ENERGY STAR Qualified Equipment; Mini-Split/Ductless
Heating:
Central; ENERGY STAR Qualified Equipment; Heat Pump; Other – See Remarks
Exterior:
Balcony; Fenced Back Yard; Fenced Lot-Part; Hurricane Shutters; Shower; Patio Covered; Patio Enclosed; Porch Covered; Porch Screened; Sprinkler System
Financing:
Cash; Conventional; VA
Furnished:
Unfurnished
Interior:
Smart Thermostat
Kitchen:
First
Living Room:
First
Lot Access:
City Street; Paved Road
Breakfast Room:
First
Master Bathroom:
First
Family Room:
Second
Garage:
First
Security Features:
Secured Garage/Parking; Security System; Smoke Detector(s)
Studio:
First
Parking Features:
Additional Parking; Garage Attached; Garage Detached; Paved
Other Structures:
Garage(s)
Rooms:
Bedroom; Breakfast Room; Family Room; Full Bathroom; Garage; Kitchen; Living Room; Master Bathroom; Master Bedroom; Studio
Sale Type:
As Is
Showing:
ShowingTime
Utilities:
Cable – Available; TV Cable; Internet – Fiber Optic; Sewer Available; Public Water – Connected; Underground Utilities
Present Zoning:
Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
|---|---|---|---|---|---|
| Kitchen | First | 17 x 10 | 17.00 | 10.00 | Main House |
| Breakfast Room | First | 19 x 10 | 19.00 | 10.00 | Main House |
| Master Bathroom | First | 11 x 10 | 11.00 | 10.00 | Main House |
| Master Bedroom | First | 19 x 10 | 19.00 | 10.00 | Main House |
| Living Room | First | 14 x 10 | 14.00 | 10.00 | Main House |
| Bedroom | Second | 15 x 13 | 15.00 | 13.00 | Carriage House |
| Bedroom | Second | 14 x 10 | 14.00 | 10.00 | Carriage House |
| Full Bathroom | Second | 8 x 10 | 8.00 | 10.00 | Carriage House |
| Family Room | Second | 18 x 33 | 18.00 | 33.00 | Carriage House |
| Studio | First | 22 x 11 | 22.00 | 11.00 | Carriage House |
| Garage | First | 33 x 22 | 33.00 | 22.00 | Carriage House |
Listing Office:
Beachy Beach Real Estate
Last Updated: April – 19 – 2026
Information deemed reliable but not guaranteed.