240 Oleander Drive, Panama City Beach, FL 32413

New Listing
$1,775,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 4,173 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $1,775,000 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

Luxury new construction in Laguna Beach Estates on the highly desirable West End of Panama City Beach! Located near the 30A corridor and just minutes from the beautiful beaches, dining, shopping, and entertainment PCB has to offer, 240 Oleander Drive is a standout opportunity for investors, second-home buyers, and luxury coastal buyers. Built in 2026, this 5-bedroom, 4 full bath and 1 half bath home offers approximately 4,173 sq ft H&C and is designed with short-term rental performance in mind. No HOA.Short-term rentals allowed. The spacious layout, private pool, outdoor kitchen, wet bars, and luxury finishes create an ideal setup for vacation rental guests and large groups. Interior features include marble flooring throughout, crown molding, recessed lighting, walk-in laundry room, remote-controlled ceiling fans, double-pane low-E windows, energy-efficient insulation, central HVAC on each floor, two 50-gallon water heaters, and a mini-split system in the garage. The kitchen f

Listing Details MLS# 791597

Contract Info

List Price/SqFt
425.35

Location

Area
03 – Bay County – Beach
Street #
240
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
36862-010-000
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Directions
Taking Us 98 West, continue past Pier Park, Turn left onto Oleander Dr continue to 240 Oleander Dr about two blocks from beach.
Legal Description
LAGUNA BEACH EST 7TH ADD -2.55A- 13D1 LOT 20 BLK 29 ORB 4797 P 1432

General Property Info

Sub-Type
Detached Single Family
Design
Contemporary
Apx SqFt(Htd/Cooled)
4173
SqFt Source
Builders Plans
Full Baths
4
Half Baths
Yes
Total Baths
5
# of Stories in Building
3
Year Built
2026
Pre-Const Flip
No
Construction Status
Construction Complete
New Construction
Yes
Garage Y/N
Yes
Garage Spaces
Yes
Driveway Spaces
2
Lot Dimensions
50.0 ft x 102.0 ft
Acreage
0.12
Lot Size (SqFt)
4792
Pool
Yes
Pool Type
Private
Beach Frontage
0
Covered Spaces
0
Assigned Spaces
0

Listing Info, Tax and Legal

Homestead
No
HOA Fee
No
Senior Community
No
Is Subject Leased
No
New Buyer Fee
No
Last Tax Year
2025
Brokerage Interest
Ownership Interest – Listing Broker/Salesperson has ownership interest in the property.

Remarks & Misc

Remarks
Luxury new construction in Laguna Beach Estates on the highly desirable West End of Panama City Beach! Located near the 30A corridor and just minutes from the beautiful beaches, dining, shopping, and entertainment PCB has to offer, 240 Oleander Drive is a standout opportunity for investors, second-home buyers, and luxury coastal buyers. Built in 2026, this 5-bedroom, 4 full bath and 1 half bath home offers approximately 4,173 sq ft H&C and is designed with short-term rental performance in mind. No HOA.Short-term rentals allowed. The spacious layout, private pool, outdoor kitchen, wet bars, and luxury finishes create an ideal setup for vacation rental guests and large groups. Interior features include marble flooring throughout, crown molding, recessed lighting, walk-in laundry room, remote-controlled ceiling fans, double-pane low-E windows, energy-efficient insulation, central HVAC on each floor, two 50-gallon water heaters, and a mini-split system in the garage. The kitchen features Cristalo quartz countertops, a Black Lava quartz island, undermount sink, and upgraded full-overlay white oak cabinetry with soft-close concealed hinges, full-extension soft-close drawer glides, plywood box construction, natural birch interiors, and PPG stain finish. Wet bars with wine coolers are located on both the first and second floors. Outdoor features include a custom brushed copper iron door, fully paved driveway, landscaped backyard, inground saltwater pool, outdoor kitchen with Black Pearl granite, outdoor shower, sprinkler system with separate irrigation meter, keyless side entry, and low-risk Flood Zone X. One-year builder warranty included.

Pool Features

Inground
Yes
Saltwater
Yes

More Information

Appliances

Bar Fridge
Yes
Dishwasher
Yes
ENERGY STAR Qualified Appliances
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes
Wine Refrigerator
Yes

Interior Features

Floor – Marble
Yes
Kitchen Island
Yes

Exterior

Balcony
Yes
Built-in Barbecue/Grill
Yes
Fenced Back Yard
Yes
Summer Kitchen
Yes
Sprinkler System
Yes

Furnished

Unfurnished
Yes

Living Room

First
Yes
Second
Yes

Lot Features

Landscaped
Yes
Near Beach Access
Yes

Lot Access

City Street
Yes

Parking Features

Garage Attached
Yes
Garage Door Opener
Yes
Paved
Yes

Rooms

Bedroom
Yes
Living Room
Yes
Primary Bedroom
Yes

Showing

ShowingTime
Yes

Utilities

Cable – Available
Yes
Electricity – Connected
Yes
Lift Station
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Primary Bedroom

Second
Yes

Bedroom

First
Yes

Cooling

ENERGY STAR Qualified Equipment
Yes

Heating

ENERGY STAR Qualified Equipment
Yes
Fireplace – Electric
Yes

Primary Bdrm/Primary Bath

MBath Double Vanity
Yes
MBath Separate Shwr
Yes
MBed Balcony
Yes
MBed First Floor
Yes
MBed Walk-in Closet
Yes

Property Features

Appliances: Bar Fridge; Dishwasher; ENERGY STAR Qualified Appliances; Refrigerator; Washer; Water Heater – Electric; Wine Refrigerator Primary Bedroom: Second Bedroom: First Cooling: ENERGY STAR Qualified Equipment Heating: ENERGY STAR Qualified Equipment; Fireplace – Electric Exterior: Balcony; Built-in Barbecue/Grill; Fenced Back Yard; Summer Kitchen; Sprinkler System Furnished: Unfurnished Living Room: First; Second Lot Features: Landscaped; Near Beach Access Lot Access: City Street Pool Features: Inground; Saltwater Parking Features: Garage Attached; Garage Door Opener; Paved Rooms: Bedroom; Living Room; Primary Bedroom Showing: ShowingTime Utilities: Cable – Available; Electricity – Connected; Lift Station; Public Sewer – Connected; Public Water – Connected

Room Information

Room Name Level Dimensions Length Width
Living Room First 16 x 21 16.00 21.00
Bedroom First 13 x 12 13.00 12.00
Master Bedroom Second 15 x 15 15.00 15.00
Living Room Second 18 x 20 18.00 20.00
Master Bedroom Second 15 x 17 15.00 17.00
Listing Office: Coldwell Banker Realty
Last Updated: June – 19 – 2026
Information deemed reliable but not guaranteed.