4120 Nancee Drive, Panama City, FL 32408

$2,150,000
Property Type: Residential Bedrooms: 7 Baths: 4 Square Footage: 3,451 Lot Size (sq. ft.): 3,746 Status: Active
Current Price: $2,150,000 List Date: 3/23/2026 Last Modified: 5/26/2026

Overview

Description

EXCEPTIONAL VALUE ALERT – PRICE IMPROVEMENT OF $150,000! Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental

Listing Details MLS# 787257

Contract Info

List Price/SqFt
623.01

Location

Area
03 – Bay County – Beach
Street #
4120
Street Name
Nancee
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Holiday Beach On The Gulf
Community/Resort
None
Waterfront
No
Parcel ID
30551-110-000
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Directions
From the Hathaway Bridge Head west on US-98 W. Use the right 3 lanes to turn slightly right to stay on US-98 W; Use the left 2 lanes to turn slightly left onto FL-30 W/Front Beach Rd; Turn left onto Joan Ave; Use any lane to turn left onto C R 392/Thomas Dr; Turn right onto Nancee Dr
Legal Description
8 4S 15W -1.11- 58D2 M&B KWN AS LOT 17 OF HOLIDAY BEACH ON GULF UNREC ORB 4555 P 737

General Property Info

Sub-Type
Detached Single Family
Design
Beach House
Apx SqFt(Htd/Cooled)
3451
SqFt Source
Prop App Site
Full Baths
4
Total Baths
4
Year Built
2010
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Driveway Spaces
5
Lot Dimensions
50×75
Acreage
0.09
Lot Size (SqFt)
3746
Pool
Yes
Pool Type
Private

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
530
HOA Frequency
Annually
HOA Annual Amount
530
New Buyer Fee
No
Last Taxes
15009
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes

Remarks & Misc

Remarks
EXCEPTIONAL VALUE ALERT – PRICE IMPROVEMENT OF $150,000! Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental versatility. Spacious indoor and outdoor living areas provide ample room for entertaining and relaxing after a day at the beach. Outdoor highlights include a PRIVATE HEATED POOL, expansive balconies with Gulf views, covered patio spaces, and ample parking with a 2-car garage plus 5 additional driveway parking spaces. Low annual HOA dues add to the appeal of this exceptional coastal property. Whether you're searching for a primary residence, second home, or income-producing beach investment, this turnkey property offers space, location, and exceptional value in the heart of Panama City Beach.

Pool Features

Inground
Yes

More Information

Appliances

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

Construction/Siding

Roof – Dimensional Shg
Yes
Siding – Hardie Board
Yes

Exterior

Balcony
Yes
Deck Open
Yes
Fenced Back Yard
Yes
Patio Open
Yes
Porch Covered
Yes

Association Fees Include

Beach
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Furnished

Furnished
Yes

Parking Features

Driveway
Yes
Garage Attached
Yes

Present Zoning

Resid Single Family
Yes

Association Amenities

Beach
Yes

Rooms

Balcony
Yes
Bedroom
Yes
Laundry
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

Electricity – Connected
Yes
Internet – Broadband Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Gulf
Yes

Sale Type

As Is
Yes

Master Bedroom

Third
Yes

Bedroom

First
Yes
Third
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Security Features

Smoke Detector(s)
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Master Bedroom: Third Bedroom: First; Third Cooling: Central Air Heating: Central Exterior: Balcony; Deck Open; Fenced Back Yard; Patio Open; Porch Covered Association Fees Include: Beach Financing: Cash; Conventional; FHA; VA Furnished: Furnished Pool Features: Inground Security Features: Smoke Detector(s) Parking Features: Driveway; Garage Attached Association Amenities: Beach Rooms: Balcony; Bedroom; Laundry; Living Room; Master Bedroom Sale Type: As Is Utilities: Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterview: Gulf Present Zoning: Resid Single Family

Room Information

Room Name Level Dimensions Length Width
Master Bedroom Third 20.4 x 12.1 20.40 12.10
Bedroom First 13.6 x 11.8 13.60 11.80
Bedroom First 11.7 x 12.2 11.70 12.20
Bedroom Third 12.4 x 12.2 12.40 12.20
Living Room 21 x 15 21.00 15.00
Balcony 20 x 8 20.00 8.00
Laundry 6 x 6 6.00 6.00
Listing Office: Coastal Living Realty & Associates
Last Updated: May – 26 – 2026
Information deemed reliable but not guaranteed.