21506 Dolphin Avenue, Panama City Beach, FL 32413

New Listing
$575,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,528 Lot Size (sq. ft.): 5,500 Status: Active
Current Price: $575,000 List Date: 7/20/2026 Last Modified: 7/22/2026

Overview

Description

Projected to gross over $80,000 in 2026, this exceptional West End vacation rental is a proven income-producing property–and one of the few homes in the area featuring a private pool! With over $72,000 in rental income in 2025, a brand-new roof, and a prime Panama City Beach location, this turnkey investment is ready to start generating returns from day one. Ideally situated on the highly desirable West End of Panama City Beach, guests love the easy access to the sugar-white sand beaches, local restaurants, shopping, and popular attractions. Inside, the home offers new luxury vinyl plank flooring throughout the living areas and three bedrooms, plus an additional flexible sleeping space to maximize occupancy and rental potential. Step outside to your own private, screened-in pool–an amenity that sets this property apart in an area where homes with pools are rare and highly sought after. The garage has been thoughtfully converted into a fourth bedroom while still providing a separate s

Listing Details MLS# 792882

Contract Info

List Price/SqFt
376.31

Location

Area
03 – Bay County – Beach
Street #
21506
Street Name
Dolphin
Street Suffix
Avenue
State
FL
Zip Code
32413
County
Bay
Sub Area
0324 – Beach – West Central
Subdivision
Riviera Beach
Community/Resort
Riviera Beach
Waterfront
No
Parcel ID
35591-000-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
Driving west on Panama City Beach Pkwy, turn left on Marlin Ave, then left on Riviera Drive. Turn right onto Dolphin Ave
Legal Description
RIVIERA BEACH MAP-13B4- LOT 235 ORB 1853 P 1486 ORB 2787 P 487

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
1528
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Accessory Dwelling Unit
No
Year Built
1997
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
50.0 ft x 110.0 ft
Acreage
0.13
Lot Size (SqFt)
5500
Pool
Yes
Pool Type
Private

Listing Info, Tax and Legal

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

Remarks & Misc

Remarks
Projected to gross over $80,000 in 2026, this exceptional West End vacation rental is a proven income-producing property–and one of the few homes in the area featuring a private pool! With over $72,000 in rental income in 2025, a brand-new roof, and a prime Panama City Beach location, this turnkey investment is ready to start generating returns from day one. Ideally situated on the highly desirable West End of Panama City Beach, guests love the easy access to the sugar-white sand beaches, local restaurants, shopping, and popular attractions. Inside, the home offers new luxury vinyl plank flooring throughout the living areas and three bedrooms, plus an additional flexible sleeping space to maximize occupancy and rental potential. Step outside to your own private, screened-in pool–an amenity that sets this property apart in an area where homes with pools are rare and highly sought after. The garage has been thoughtfully converted into a fourth bedroom while still providing a separate storage area and can easily be converted back to a garage if desired. Whether you're looking to expand your investment portfolio or own your own piece of paradise with outstanding income potential, this property checks all the boxes. Schedule your private showing today and discover why this is one of the West End's standout vacation rental opportunities.

Dining Room

First
Yes

More Information

Pool Features

Inground
Yes
Screened In
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range – Electric
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Breakfast Bar
Yes
Converted Garage
Yes
Floor – Tile
Yes
Lock Out Closet
Yes
Pantry
Yes
Window – Treatment All
Yes

Construction/Siding

Roof – Dimensional Shg
Yes
Siding – Stucco
Yes

Exterior

Fenced Privacy
Yes
Patio Covered
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Furnished
Yes

Interior

Floor – Carpet
Yes

Living Room

First
Yes

Lot Features

Within 1/2 Mile to Water
Yes

Lot Access

County Road
Yes
Paved Road
Yes

Parking Features

Driveway
Yes

Rooms

Bedroom
Yes
Dining Room
Yes
Living Room
Yes
Primary Bedroom
Yes

Utilities

Electricity – Connected
Yes

Primary Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Primary Bdrm/Primary Bath

MBed Walk-in Closet
Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo
Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range – Electric; Washer; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Fenced Privacy; Patio Covered Financing: Cash; Conventional; FHA; VA Furnished: Furnished Interior: Floor – Carpet Living Room: First Lot Features: Within 1/2 Mile to Water Lot Access: County Road; Paved Road Dining Room: First Pool Features: Inground; Screened In Parking Features: Driveway Rooms: Bedroom; Dining Room; Living Room; Primary Bedroom Utilities: Electricity – Connected

Room Information

Room Name Level Dimensions Length Width
Living Room First 18.7 x 18.5 18.70 18.50
Dining Room First 13 x 19 13.00 19.00
Primary Bedroom First 12.5 x 19.9 12.50 19.90
Bedroom First 13 x 11.9 13.00 11.90
Bedroom First 13 x 11.9 13.00 11.90
Listing Office: Beachy Beach Real Estate
Last Updated: July – 22 – 2026
Information deemed reliable but not guaranteed.