21104 S Lakeview Drive, Panama City Beach, FL 32413 (MLS# 787831)

21104 S Lakeview Drive, Panama City Beach, FL 32413

$685,000

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,144 Status: Active

Current Price: $685,000 List Date: 4/03/2026 Last Modified: 7/01/2026

Overview

Description

Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive–an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-b … (Read more)

Listing Details MLS# 787831

Contract Info

List Price/SqFt: 319.5

Location

Area: 03 – Bay County – Beach
Street #: 21104
Street Direction: S
Street Name: Lakeview
Street Suffix: Drive
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0325 – Beach – West South
Subdivision: Gulf Vista
Community/Resort: Gulf Vista
Waterfront: No
Parcel ID: 35370-730-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From front beach road, turn north onto Downing street. At the Y, stay left to s lakeview. Property will be on the left. From Hwy 98 turn south onto Downing street until it meets S Lakeview, then turn right. Home will be on the left.
Legal Description: GULF VISTA SEC 3 13B4 LOT 15 BLK E ORB 4398 P 776

General Property Info

Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 2144
SqFt Source: Prop App Site
Full Baths: 2
Total Baths: 2
# of Stories in Building: 2
Year Built: 1994
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 140×80
Pool: No

Listing Info, Tax and Legal

HOA Fee: No
Is Subject Leased: Yes
Rent/Mo: 1775
New Buyer Fee: No
Last Taxes: 5603
Last Tax Year: 2025
Brokerage Interest: No Interest

Remarks & Misc

Remarks: Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive–an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east–truly offering the best of both lifestyles.

Appliances

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

More Information

Interior Features

Floor – Vinyl Plank: Yes
Stairs: Yes
Window – Treatment Some: Yes

Construction/Siding

Foundation – Slab on Grade: Yes
Wood/Frame: Yes
Roof – Composite Shngl: Yes
Roof – Gutters: Yes
Siding – Vinyl: Yes

Existing Leases

7 – 12 Months: Yes

Exterior

Fenced Back Yard: Yes

Furnished

Unfurnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Near Beach Access: Yes

Lot Access

Paved Road: Yes

Parking Features

Driveway: Yes
Oversized: Yes

Present Zoning

Resid Multi-Family: Yes

Rooms

Bedroom: Yes
Kitchen: Yes
Living Room: Yes

Utilities

Electricity – Connected: Yes
Internet – Broadband Available: Yes
Public Water – Connected: Yes
Septic Tank: Yes

Bedroom

Second: Yes

Cooling

Electric: Yes

Heating

Electric: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Bedroom: Second Cooling: Electric Heating: Electric Existing Leases: 7 – 12 Months Exterior: Fenced Back Yard Furnished: Unfurnished Interior: Floor – Carpet Kitchen: First Living Room: First Lot Features: Near Beach Access Lot Access: Paved Road Parking Features: Driveway; Oversized Rooms: Bedroom; Kitchen; Living Room Utilities: Electricity – Connected; Internet – Broadband Available; Public Water – Connected; Septic Tank Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	16 x 15	16.00	15.00
Kitchen	First	16 x 11	16.00	11.00
Bedroom	Second	12 x 11	12.00	11.00
Bedroom	Second	12 x 11	12.00	11.00

Listing Office: The Premier Property Group

Last Updated: July – 01 – 2026

Information deemed reliable but not guaranteed.