325,27&29 Hibiscus Drive, Panama City Beach, FL 32413

$799,000
Property Type: Residential Bedrooms: 8 Baths: 6 Square Footage: 1,040 Lot Size (sq. ft.): 16,500 Status: Active
Current Price: $799,000 List Date: 1/23/2026 Last Modified: 1/23/2026

Description

Rare investment opportunity — own half a block in one purchase. 325, 327 & 329 Hibiscus Dr feature three separate homes on individual lots with separate parcel IDs, electric, and water meters, located on a quiet dead-end street. Ideal for investors or owner-occupants looking to live in one and rent the others for optimal financing. Strong long-term rental income with significant upside as short-term rentals, with projected returns up to $90K annually. Properties are fully updated and turn-key, offering a shared swimming pool with lounge area, ample parking, and RV hookups with space to park and service an RV. Property details: • 325 Hibiscus Dr – Fully remodeled, Hardie board siding, 2BR/2BA, covered front porch, remodeled shed • 327 Hibiscus Dr – 3BR/2BA • 329 Hibiscus Dr – 3BR/2BA with carport Multiple income strategies, rare scale, and location advantage—a truly unique portfolio opportunity.

More Information MLS# 784060

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 2325 Last Tax Year: 2025 Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 768.27 Status: Active List Date: 2026-01-22 List Price: $799,000 Current Price: $799,000

Location

Sub Area: 0324 – Beach – West Central Community/Resort: Laguna Beach Waterfront: No Elementary School: West Bay Middle School: Surfside High School: Arnold Directions: West on Back Beach Road past Hwy. 79. Left on Oleander, Right on Alta Vista, Right on Hibiscus. Property on Left. Area: 03 – Bay County – Beach Street #: 325,27&29 Street Name: Hibiscus Street Suffix: Drive State: FL Zip Code: 32413 County: Bay Subdivision: Laguna Beach Estates Parcel ID: 36965-010-000 Legal Description: LAGUNA BEACH ESTATES 7TH ADD LOT 12 BLK 35 ORB 4502 P 145

General Property Info

Acreage: 0.38 Design: Double Wide Lot Size (SqFt): 16500 Apx SqFt(Htd/Cooled): 1040 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Source: Prop App Site Lot Dimensions: 150 x 110 New Construction: No Garage Y/N: No Driveway Spaces: 12 Pool: Yes Pool Type: Private Sub-Type: Mobile/Manufactured Bedrooms: 8 Full Baths: 6 Total Baths: 6 Year Built: 1999

Remarks & Misc

Remarks: Rare investment opportunity — own half a block in one purchase. 325, 327 & 329 Hibiscus Dr feature three separate homes on individual lots with separate parcel IDs, electric, and water meters, located on a quiet dead-end street. Ideal for investors or owner-occupants looking to live in one and rent the others for optimal financing. Strong long-term rental income with significant upside as short-term rentals, with projected returns up to $90K annually. Properties are fully updated and turn-key, offering a shared swimming pool with lounge area, ample parking, and RV hookups with space to park and service an RV. Property details: • 325 Hibiscus Dr – Fully remodeled, Hardie board siding, 2BR/2BA, covered front porch, remodeled shed • 327 Hibiscus Dr – 3BR/2BA • 329 Hibiscus Dr – 3BR/2BA with carport Multiple income strategies, rare scale, and location advantage—a truly unique portfolio opportunity.

Master Bathroom

First: 1

Pool Features

Inground: 1

Exterior

Porch Covered: 1

Other Structures

Shed(s): 1 Workshop: 1

Furnished

Unfurnished: 1

Parking Features

Additional Parking: 1 Carport Attached: 1 Driveway: 1 Parking Lot: 1 RV Access/Parking: 1

Rooms

Bedroom: 1 Full Bathroom: 1 Master Bathroom: 1 Master Bedroom: 1

Utilities

Public Water – Connected: 1 Septic Tank: 1

Full Bathroom

First: 1

Master Bedroom

First: 1

Bedroom

First: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Heat Pump: 1

Heating

Heat Pump: 1

Property Features

Full Bathroom: First Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Heat Pump Heating: Heat Pump Exterior: Porch Covered Furnished: Unfurnished Master Bathroom: First Pool Features: Inground Parking Features: Additional Parking; Carport Attached; Driveway; Parking Lot; RV Access/Parking Other Structures: Shed(s); Workshop Rooms: Bedroom; Full Bathroom; Master Bathroom; Master Bedroom Utilities: Public Water – Connected; Septic Tank

Room Information

Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12 Bedroom Level: First Dimensions: 12 x 10 Length: 12.00 Width: 10.00 Dimensions: 12 x 10 Full Bathroom Level: First Dimensions: 5 x 8 Length: 5.00 Width: 8.00 Dimensions: 5 x 8 Full Bathroom Level: First Dimensions: 8 x 5 Length: 8.00 Width: 5.00 Dimensions: 8 x 5 Bedroom Level: First Dimensions: 11 x 12 Length: 11.00 Width: 12.00 Dimensions: 11 x 12 Master Bedroom Level: First Dimensions: 9 x 12 Length: 9.00 Width: 12.00 Dimensions: 9 x 12 Bedroom Level: First Dimensions: 11 x 13 Length: 11.00 Width: 13.00 Dimensions: 11 x 13 Master Bathroom Level: First Dimensions: 14 x 11 Length: 14.00 Width: 11.00 Dimensions: 14 x 11
Listing Office: Sand Seeker Realty LLC
Last Updated: January – 23 – 2026
Information deemed reliable but not guaranteed.