Emerald Coast Real Estate Search

Michael Johnson Featured Properties

$1,750,000
5 Beds 5 Baths 995769 MLS 3,217 SqFt.
NOW OFFERED AT $1,750,000 -- AN ADDITIONAL $140,000 PRICE REDUCTION! This remarkable price adjustment presents an exceptional opportunity to own one of Cypress Dunes' most scenic and elevated homes at an incredible value. The new price allows buyers the flexibility to update the bathrooms, refresh the interior with today's preferred neutral colors, and personalize the home to their own taste--all while securing one of the community's most coveted locations with extraordinary Gulf views that simply cannot be replicated. Experience coastal living at its absolute finest in this extraordinary three-story turn-key beach retreat, perfectly positioned on one of the highest elevations in Cypress Dunes, offering some of the most breathtaking Gulf views in the entire community. From brilliant sunrise skies to unforgettable sunset panoramas, the views from this home are nothing short of spectacular. Designed to fully embrace its premier setting, every level of this beautifully maintained residence captures the beauty of the Gulf, with expansive porches and elevated living spaces showcasing emerald waters, endless horizons, and soothing coastal breezes. The rare high-elevation homesite not only maximizes sweeping views but also provides an added sense of privacy, security, and distinction that is increasingly difficult to find. Whether as a primary residence, luxury second home, or investment property with outstanding rental potential, this is a rare opportunity to own one of Cypress Dunes' premier view properties at an exceptional price. Cosmetic updates can always be made--but a location and Gulf views like these are truly irreplaceable. Beyond its beauty, this property presents a compelling investment opportunity. With documented 2025 rental projections of $100,000+ (part-time short-term rentals), this home offers exceptional income potential while serving as a luxurious personal retreat. Its desirable location, three-story layout, and panoramic Gulf views make it highly attractive to vacation renters seeking a premium coastal experience. Whether you're searching for a high-performing investment, a second home, or a legacy property to enjoy for generations, this elevated Gulf-view masterpiece delivers on every level. Located in the highly sought-after community of Cypress Dunes in Santa Rosa Beach, this exceptional home seamlessly blends timeless architectural charm, thoughtful coastal design, and an unbeatable setting. Residents enjoy resort-style amenities, including a breathtaking Gulf-view infinity-edge pool, a fully equipped fitness center, and a relaxing spa tub--all designed to elevate everyday living. If you're hosting unforgettable gatherings, savoring peaceful mornings with coffee while gazing out over the Gulf, or unwinding at day's end as the sky melts into brilliant sunset hues, this property captures the very essence of refined beachside living. Here, every moment feels like a getaway, and the coastal lifestyle you've dreamed of becomes your daily reality. Opportunities to own a home with this level of elevation and view are rare--don't miss your chance to secure one of the best vantage points in Cypress Dunes!

255 Cypress Dr, Santa Rosa Beach

$1,750,000
6 Beds 6 Baths 994100 MLS 2,620 SqFt.
95 Wadleigh Way is a modern luxury coastal home located in the highly desirable Retreat at Miramar community, just a short walk or quick golf cart ride to Miramar Beach's largest public beach access. Projected annual rental income is $170,000-$180,000, and the property conveys fully furnished and professionally decorated, including a brand new 6-seat street-legal golf cart. Designed to accommodate large groups while maintaining an upscale feel, the home offers 6 bedrooms, 5.5 bathrooms, and sleeping accommodations for up to 17 guests, making it an ideal primary residence, second home, or income-producing investment. The interior features an open-concept great room with high-end finishes, generous living space, and a gourmet chef's kitchen well suited for entertaining. Multiple balconies provide inviting outdoor living areas overlooking the community clubhouse and resort-style pool. A dedicated second-floor game room with a pool table, custom wall-mounted arcade system, and large TV serves as a true entertainment hub and enhances overall livability and rental appeal. This level also includes a king suite and two custom bunk rooms, each with ensuite bathrooms. The third floor offers three spacious king suites, including one with private balcony access and a spa-style bathroom with dual vanities and a walk-in shower. Positioned directly across from the community's 90-foot heated pool and clubhouse, the home enjoys immediate access to covered lounge areas, grilling pavilion, large TVs, restrooms, outdoor showers, walking paths, and a scenic catch-and-release fishing pond. With a proven layout, premium amenities, and a prime Miramar Beach location within an established short-term rental community, this property offers an exceptional blend of lifestyle enjoyment and strong investment potential.

95 Wadleigh Way, Miramar Beach

$1,750,000
3 Beds 2 Baths 932565 MLS 1,810 SqFt.
Price reduced on 11 July 2026. Sellers are motivated. Bring offers! On Business Highway 331 in Freeport, Florida. City of Freeport is recognized as one of the fastest growing cities in the State of Florida. Property consists of 15+ acres with approximately 750 feet of highway frontage of Business Highway 331. Zoned R-3 High Density Residential plus a flood zone rating of X will accommodate up to several units per acre for future development as per City of Freeport land use guidelines. City water, city sewer and power are available. Three schools, Freeport Elementary, Freeport Middle School and Freeport High School are located within 2 miles of this property. New middle school being built in Hammock Bay is less than 4 miles away. This property features a 2500 square foot custom home that has been meticulo maintained by the same family since it was constructed in 1973. Large open yard and grounds are ideal for large family gatherings, children and pets. Recent upgrades to the house include a complete renovation to the kitchen which includes new cabinets//countertops, flooring and appliances. Open floor plan includes a large family room, separate dining room, three bedrooms, 2 bathrooms and a large back porch/deck. New paint and flooring in most rooms. Roof is less than 10 years old, HVAC is less than 5 years old, hot water heater is approximately 5 years old. There are two large sheds that can accommodate multiple cars, boats, tractors and equipment. This unique house and acreage is located just 20 minutes from the Beaches of South Walton, 30 minutes from Eglin Air Force Base and only 15 minutes from Interstate 10 and DeFuniak Springs, Florida. Freeport Industrial Park with multiple businesses is located approximately 1/2 mile from this property. There are multiple parks and boat launch facilities for your recreational pleasures within minutes of this location.

14034 331 Business, Freeport

$1,750,000
4 Beds 5 Baths 777746 MLS
Imagine waking up to the sound of waves crashing just steps from your door, sipping coffee on your private balcony as dolphins play in the surf, and ending your evenings with breathtaking sunsets over the Gulf. This is the lifestyle awaiting you in this rare 3-story Gulf-front townhome that truly feels more like a private beach home. Experience true Gulf-front living with over 2,200 square feet, 4 spacious bedrooms, and 4.5 baths, designed for both relaxation and entertaining. The main level features an open concept with high ceilings, crown molding, and freshly updated LVP flooring. A well-appointed kitchen with granite countertops, stainless steel appliances, and plenty of cabinetry flows easily into the dining and living areas, where double sliding doors open to an expansive Gulf-front deck. A wet bar with wine cooler adds the perfect touch for entertaining. On the second and third floors, you'll find two Gulf-front master suites—each with private balconies and spa-like baths featuring large tubs, separate showers, and new vanities. An additional oversized en-suite bedroom provides space and comfort for family and guests. Every upgrade has been thoughtfully handled, including hurricane glass film protection on doors and windows, new Trex decking, fresh exterior paint, and updated HVAC systems. The exterior has undergone extensive replacement and waterproofing, ensuring durability and peace of mind. Step outside to enjoy the private Gulf-front pool shared by just five units, or take your own stairs down to the white sand beach. Perfectly located in the heart of Panama City Beach, you'll be just minutes from the best shopping and dining at Pier Park, family attractions like Top Golf and Pirates Voyage Dinner & Show, and only 15 minutes from the airport. This property is ideal as a luxury residence or a strong vacation rental investment. With 2 assigned parking spaces, 3 additional overflow spots, excellent rental history, and solid financials, this is a turnkey opportunity you won't want to miss. This condo is made to provide ample space and sleeping for large families! All engineering inspections have been completed as per new condo rules!! This rare opportunity combines low-density living with breathtaking Gulf views and modern updates throughout. Schedule your private showing today and start living the Gulf-front lifestyle you've always dreamed of!

17657 Front Beach Road Unit B, Panama City Beach

$1,750,000
5 Beds 5 Baths 776228 MLS
Welcome to a one-of-a-kind beach retreat located on the highly sought after west end of Panama City Beach, south of Highway 98. Now priced over $200,000 below the previous list, this unique coastal estate delivers exceptional value and versatility. Whether you're searching for a full time residence, a second home, or a high performing vacation rental, this property offers a rare opportunity just a short walk from the sugar white sands and turquoise waters of the Gulf. Thoughtfully designed for comfort, space, and income potential, the property includes a spacious main home, a detached carriage house, a private saltwater pool, and even a citrus garden oasis tucked beneath mature oak trees. The main home spans 2,184 square feet and features 4 bedrooms and 4 full bathrooms, including two primary suites (one on each level), each with spa like en suites and generous walk in closets. The open concept layout flows seamlessly from a sun drenched living room into a chef's kitchen outfitted with solid wood cabinetry, granite countertops, stainless steel appliances, and a large breakfast bar. A dedicated dining area offers plenty of room for entertaining. Upstairs, enjoy a bonus living area with a wet bar that opens to an oversized 350 square foot covered balcony, complete with Gulf views and a built in porch swing, perfect for your morning coffee or sunset lounging. Quality finishes like porcelain tile and wood floors run throughout, adding timeless appeal. Outside, your private saltwater pool with tanning shelf invites you to relax or entertain in style. The surrounding deck has been recently resurfaced, and a covered grilling station makes it ideal for poolside gatherings. An outdoor shower provides convenience after a day at the beach or by the pool. Tucked behind the pool, the 660 square foot Carriage House includes a full kitchen, living and dining areas, 1 bedroom, and 1 full bath, perfect for guests, extended family, or short term rental income. It sits above a large two car garage with private bays and additional storage. (Golf cart not included, but negotiable.) A hidden gem of the property is the lush citrus garden, which produces lemons, limes, tangerines, blood oranges, grapefruits, and more. Shaded seating areas beneath the trees create peaceful corners to unwind year round. This is a rare offering in one of Panama City Beach's most desirable pockets, brimming with amenities, income potential, and priced to move. With seller financing available and terms that can be tailored for long term investment success, this retreat is a win for both lifestyle buyers and investors. Schedule your private showing today, opportunities like this don't last long.

21806 Webb Street, Panama City Beach

$1,749,000
6 Beds 6 Baths 792563 MLS
One of just two attached townhomes on Front Beach Road in Panama City Beach, this newly built three-story residence is offered fully furnished and turnkey, living entirely on its own -- a private entrance, a private fenced pool, and dedicated paver parking. It stands directly across Front Beach Road from the sugar-white sand and emerald Gulf, with two public beach accesses only a short walk away. Gulf views open from the main living level and the top-floor primary suite, and a private elevator serves all three floors. The living level is anchored by a designer kitchen -- white shaker cabinetry, a quartz waterfall peninsula, premium stainless appliances, and a statement tile backsplash -- flowing into a generous dining area and a Gulf-view balcony made for sunset. One floor down, a dedicated game room with a pool table, air hockey, foosball, and a wet bar opens to the backyard, where a private pool and paver sun deck sit alongside an outdoor kitchen and grill. Upstairs, the third-floor primary is a private retreat: a king suite with its own Gulf-view balcony, a spa-inspired bath in marble-look tile, a dual vanity, and a walk-in closet. Bedrooms on every level -- several with two beds, plus a children's bunk room -- welcome large groups with ease. Just minutes from M.B. Miller Pier, Pier Park, and Topgolf -- a standout primary home, second residence, or Gulf-view investment in Panama City Beach. Set over three floors with nine-foot ceilings and wide-plank wood-look flooring, the layout keeps a full level of living between the entry and the bedrooms above. On the ground floor, the recreation room opens to the fenced backyard and is served by a full bath, while a guest bedroom with ensuite bath, a spacious home office, and a second laundry room finish the level. The middle floor gathers the open kitchen, dining, and living, with two more bedrooms and a powder bath positioned for guests. The uppermost floor belongs to the primary suite, alongside two additional bedrooms, a full laundry room, and a wet bar just outside the suite. By the pool, lounge seating and alfresco dining complete the fenced deck, and dedicated parking holds four vehicles.

13310 Front Beach Road, Panama City

$1,749,000
3 Beds 3 Baths 792012 MLS
Welcome to the coastal life! Come experience some of the best waterfront views in all of Bay Point! Situated on a premier waterfront homesite with approximately 149 feet on one of the widest sections of the canal, this beautiful property offers panoramic water views. This is the perfect setting for the ultimate coastal lifestyle, where you can keep your boat at your backdoor and be ready to go fishing and boating at a moment's notice. Enjoy the large waterfront deck and sparkling pool, where you'll spend countless hours relaxing, entertaining, and taking in the incredible canal views. This spacious home features over 3,300 square feet, 3 bedrooms, and 3 full baths all on one level for easy living. The expansive primary suite is a private waterfront retreat with a sitting area, oversized walk-in closet, and en-suite bath. Each of the two additional bedrooms offers its own private bath, providing comfort and privacy for family and guests. The open-concept floor plan is ideal for entertaining, featuring views from literally almost everywhere, tons of natural light, generous living spaces and entertainment spaces as well as a built-in bar, making this home perfect for hosting and enjoying family and friends. Located within the prestigious gated community of Bay Point, residents enjoy world-class amenities including the Jack Nicklaus Championship Golf Course, a full-service marina, on-site restaurant and bar, and 24-hour gated security. You are ideally located and convenient to St Andrew's State Park, white sandy beaches, grocery, shops and restaurants and more. This is a rare opportunity to own a home on a premier waterfront homesite in Bay Point. Call today and make this your next home!

1522 Trout Lane, Panama City

$1,749,000
4 Beds 4 Baths 1003167 MLS 2,648 SqFt.
Discover the essence of elevated coastal living in the heart of Blue Mountain Beach, one of 30A's most coveted communities known for its rare high elevations, sugar-white sand beaches, and laid-back luxury lifestyle. Perfectly positioned just moments from the Gulf, this exceptional new build blends timeless coastal architecture with refined modern comfort, offering an ideal retreat for full-time living, second-home enjoyment, or investment potential. Thoughtfully designed with spacious interiors, abundant natural light, and seamless indoor-outdoor living, the home captures the relaxed sophistication that defines the 30A lifestyle. Expansive gathering spaces, well-appointed bedrooms, and inviting outdoor areas create the perfect setting for entertaining family and friends after long days on the beach. Enjoy close proximity to Blue Mountain's beloved local restaurants, boutique shopping, biking and walking trails, and nearby beach accesses along Scenic Highway 30A. Whether spending mornings on the Gulf, afternoons by the pool, or evenings enjoying spectacular coastal sunsets, this property offers an extraordinary opportunity to experience one of the most desirable beach communities on Florida's Emerald Coast. A rare offering in Blue Mountain Beach where natural beauty, coastal charm, and luxury living come together effortlessly. This home was built with more than just beautiful finishes. Behind the walls and throughout the design are features that improve durability, comfort, efficiency, storm protection, storage, and long-term livability. From hurricane impact glass and foam insulation to custom carpentry, commercial-grade appliances, and natural gas upgrades, the home offers a level of construction quality that may not be obvious at first glance -- but will be appreciated every day.

59 Ashley Ln, Santa Rosa Beach

$1,749,000
4 Beds 4 Baths 997693 MLS 3,323 SqFt.
Experience the perfect blend of luxury coastal living and resort lifestyle in this beautifully updated Sandestin Golf & Beach Resort home. Now offered at a newly adjusted price, this is a rare opportunity in Sandestin Golf & Beach Resort, featuring over 3,300 square feet in the highly sought-after Baytowne Circle East neighborhood. This turnkey, fully updated residence (2021 renovation) blends elegant design, modern finishes, and a flexible floor plan ideal for full-time living or a coastal retreat. A dramatic entry with marble-inspired porcelain flooring, architectural columns, and grand glass doors sets the tone for the home. The chef's kitchen opens seamlessly to the spacious living area with quartz countertops, custom cabinetry, stainless steel appliances, and an oversized island. The great room features soaring ceilings, expansive windows, recessed lighting, and a striking stone fireplace. The private primary suite offers patio access and a spa-inspired bath with dual quartz vanities, soaking tub, frameless glass shower, and custom walk-in closet. Additional guest accommodations and a designer powder room provide comfort and privacy for family and visitors. Originally designed as a four-bedroom home, the fourth bedroom is currently configured as a flexible office and laundry room, easily adaptable as a home office, bunk room, or traditional bedroom. This move-in ready home delivers exceptional value in one of the most desirable resort communities.

1415 E Baytowne Cir Unit 32550, Miramar Beach

$1,739,000
3 Beds 4 Baths 993052 MLS 3,566 SqFt.
**Seller Financing options available** Tucked behind the gates of Cypress Breeze Plantation and backing to a peaceful preserve, this exceptional coastal residence offers the rare combination of privacy, luxury, and convenience just minutes from Scenic Highway 30A and the Gulf of Mexico. Situated on one of the community's largest homesites, this beautifully updated home spans approximately 3,566 square feet and was thoughtfully designed for both full-time living and effortless second-home ownership. From the moment you enter, the home showcases elevated finishes, generous natural light, and a sophisticated coastal aesthetic that feels refined yet comfortable. The recently renovated chef's kitchen serves as the centerpiece of the home, featuring premium appliances, custom cabinetry, expansive workspace, and seamless flow into the main living and entertaining areas. Multiple indoor and outdoor gathering spaces create an ideal environment for hosting family and guests while still offering quiet retreats throughout the property. An elevator provides easy access between levels, making the home ideal for multigenerational living or long-term comfort. The oversized garage offers substantial storage for vehicles, beach gear, golf carts, and recreational equipment. This property delivers a sense of serenity and space rarely found in the area. The setting feels private and secluded while still being moments from world-class beaches, dining, shopping, and entertainment. Whether you are seeking a primary residence, luxury second home, or coastal retreat, 53 Cypress Breeze North offers an opportunity to enjoy the 30A lifestyle without sacrificing privacy, comfort, or convenience.

53 N Cypress Breeze Blvd, Santa Rosa Beach

$1,725,000
4 Beds 4 Baths 995743 MLS 3,593 SqFt.
Set within the gated enclave of Destiny West, this exceptional three-story lakefront residence offers a rare blend of refined coastal elegance, thoughtful design, and captivating water views. Ideally suited as a primary residence, second home oasis, or tranquil vacation rental, the property delivers an elevated lifestyle just moments from the sugar-white beaches of Destin. Upon entry, floor-to-ceiling windows immediately frame serene lake views and flood the open-concept living, dining, and kitchen spaces with natural light. Rich hardwood flooring, custom millwork, and chandeliers establish a sophisticated yet inviting atmosphere throughout. The gourmet kitchen is beautifully appointed with granite countertops, custom cabinetry with ample storage, premium appliances including a gas stove top & wine fridge, and a butler's pantry perfect for both everyday living and entertaining. The adjacent living area, anchored by a gas fireplace and enhanced with motorized window treatments, opens seamlessly to the outdoor living spaces for airy evenings. A first-floor bedroom with ensuite bath and walk-in shower offers flexibility for guests or multigenerational living. The second-floor features the primary suite, a private retreat, featuring a spacious wrap-around balcony overlooking the lake, a fire pit for evening relaxation, a spa-inspired bathroom, and a generously sized walk-in closet with custom built-ins. The second guest suite with ensuite bath, walk-in closet, and private balcony is also located on the second-floor. The third level provides a versatile escape with a king bedroom, ensuite bath, and kitchenette ideal as a guest suite, home office, or recreational space. Outdoors, the lakefront terrace is a true showpiece, complete with a fire pit, grill, Green Egg smoker, and panoramic water views an ideal setting for sunset gatherings or hosting. Inquire for private pool plans and renderings, offering the opportunity to further enhance both lifestyle and rental performance. The home also features new, durable Polywood outdoor furnishings, a home generator system for added peace of mind, and a garage outfitted with built-ins plus an additional storage room. Destiny West residents enjoy lushly landscaped grounds, a large seasonally heated pool, hot tub, fitness center, tennis court, and an impressive clubhouse. Quarterly landscaping services are included, allowing for effortless ownership. The home is conveniently located near James Lee Park, the Crab Trap, and pedestrian- and golf-cart-friendly Scenic Highway 98, placing beaches, dining, shopping, and grocery stores just minutes away. This established vacation rental currently generates nearly $90K(2025) annually as-is with $35K already on the books for 2026, and the potential to increase income to an estimated $115K-$138K annually with the addition of a private pool. Meticulously maintained and ideally positioned, this lakefront offering represents a rare opportunity to own a premier property in one of Destin's most sought-after gated communities.

87 Vista Blfs, Destin

$1,718,462
4 Beds 5 Baths 1001852 MLS 3,020 SqFt.
*The new price reflects a builder discount of over $100,000. Offering over 3,000 square feet of living space, this four-bedroom, four-and-a-half-bath residence with a three-car garage is nestled on a private, wooded home site within the Preserve Collection at Arborview Park in Watersound Origins. Estimated completion: August 2026. The home blends refined architectural details, premium finishes, and exceptional indoor-outdoor living. he foyer opens into an expansive main living area where engineered hardwood flooring, 10-foot ceilings, and bronze 16-foot sliding glass doors create a seamless connection between the great room, dining area, and screened outdoor living space. A 42-inch gas fireplace with a Dekton surround and shiplap accent wall anchors the living room, while natural light fills the open floor plan. The kitchen features stacked glass cabinetry, a large walk-in pantry, and premium Premata stone countertops with mitered edges and a matching full-height backsplash. The professional appliance package includes a paneled 36-inch Sub-Zero refrigerator, 36-inch Wolf dual-fuel range with custom wood vent hood, Wolf microwave drawer, and Cove dishwasher. A nearby dry bar is equally impressive with stacked glass cabinetry, a paneled Sub-Zero beverage refrigerator, and a Scotsman nugget ice maker. Privately tucked away on the first floor, the primary suite offers direct access to the screened porch through glass French doors, creating a peaceful connection to the outdoor living spaces. The spa-inspired bath features dual vanities with upgraded Premata stone countertops, a freestanding soaking tub, spacious walk-in shower with marble tile flooring, separate water closet, and an expansive walk-in closet with custom MDF shelving. An additional storage room tucked beneath the staircase is conveniently accessed through the primary closet. A secondary bedroom with an ensuite bath and walk-in closet is also located on the first floor, providing flexibility for guests or multi-generational living. Upstairs, a spacious sitting room creates an additional gathering space between two private guest suites. Bedroom three includes an ensuite bath, generous closet, and a cozy nook ideal for reading or quiet relaxation, while bedroom four features an ensuite bath with dual vanities and an oversized L-shaped walk-in closet. The outdoor living spaces are equally inviting. The 26-by-13.5-foot screened porch showcases brick flooring, a shiplap ceiling, two ceiling fans, and a 42-inch ventless gas fireplace with a weathered barnwood mantel. Just beyond, the saltwater pool and spa are complemented by upgraded tile, premium plaster finishes, generous decking, and a fully equipped outdoor kitchen featuring an Alfresco grill, vent hood, granite countertops, and NatureKast cabinetry. Privacy fencing and the oversized wooded homesite create an exceptional backdrop for outdoor enjoyment. Additional highlights include a three-car garage with epoxy flooring, acrylic utility sink, and side-yard access, 1¾-inch solid wood shaker interior doors, crown molding throughout the main living areas, impact-rated bronze windows and doors, two dehumidifiers, tankless gas water heater, pre-plumbing for a water softener, and generator pre-wire with installed gas line. Located within the Preserve Collection at Arborview Park, residents enjoy larger homesites, access to the Origins Golf Course, Village Commons, miles of walking and biking trails, and all of the amenities that make Watersound Origins one of Northwest Florida's premier communities. Pricing subject to change as the home progresses and selections are added or removed.

88 Hutton Cv Unit Lot 56, Watersound

$1,700,000
10 Beds 8 Baths 1006980 MLS 4,856 SqFt.
ATTENTION!! 3 SEPARATE STRUCTURES, 2 SEPARATE PARCELS, 1 AWESOME PRICE!! Zoned for short term and long term rental. Waterfront on Massalina Bayou! Main House: Amazing 3-bedroom 2-bath with den/office *new construction*. Gorgeous views from covered porches on both floors. First floor has open kitchen with Forno Italian stainless appliances, large Island, gas stove, double door refrigerator w/ice maker and wine cooler. Living/dining walk out large sliding doors to covered porch, outdoor Thor stainless summer kitchen and pool/bayou views. Master bedroom and master bath with large custom shower, double vanity sink and walk in closet. Second floor open family room, den/office, large sliding doors to walk to walk out to covered porch overlooking pool/bayou. Two additional bedrooms and one bath. So much to offer with beautifully designed tile flooring throughout, tankless water heater and extra storage. 401 Massalina Drive is under a lease for 5 months with potential for 2 month extension. $3600 per month and includes utilities and pool service. 405 Massalina Drive: Carriage House plus Quadplex/Fourplex: $7100 per month or $85,200 per year in rental income from the carriage house and quadplex/fourplex. Perfect for a DSCR loan where your rental income pays for your mortgage, plus you get a dock and a place to park your boat on deep water. This is the most versatile quadplex/fourplex plus carriage house (comes fully furnished) in Panama City. Here is the rental income breakdown: Carriage house = $1750 per month; Apartment 1 (Civil Contractor) = $1450 per month; Apartment 2 (Realtor) = $1450 per month; Apartment 3 (Property Maintenance Man) = $1,000 per month (reduced because he takes care of the lawn and pool - you could charge $1450); Apartment 4 (Josh) = $1450 per month; Total income = $7100 per month or $85,200 per year. New custom landscaping and pool to relax and enjoy. Beautiful decking, shared dock with fish cleaning station. Location is easy to access to newly renovated downtown entertainment with shopping, dining, concerts and ongoing festivities.

401 & 405 Massalina Dr, Panama City

$1,700,000
10 Beds 8 Baths 792227 MLS
ATTENTION!! 3 SEPARATE STRUCTURES, 2 SEPARATE PARCELS, 1 AWESOME PRICE!! Zoned for short term and long term rental. Waterfront on Massalina Bayou! Main House: Amazing 3-bedroom 2-bath with den/office *new construction*. Gorgeous views from covered porches on both floors. First floor has open kitchen with Forno Italian stainless appliances, large Island, gas stove, double door refrigerator w/ice maker and wine cooler. Living/dining walk out large sliding doors to covered porch, outdoor Thor stainless summer kitchen and pool/bayou views. Master bedroom and master bath with large custom shower, double vanity sink and walk in closet. Second floor open family room, den/office, large sliding doors to walk to walk out to covered porch overlooking pool/bayou. Two additional bedrooms and one bath. So much to offer with beautifully designed tile flooring throughout, tankless water heater and extra storage. 401 Massalina Drive is under a lease for 5 months with potential for 2 month extension. $3600 per month and includes utilities and pool service. 405 Massalina Drive: Carriage House plus Quadplex/Fourplex: $7100 per month or $85,200 per year in rental income from the carriage house and quadplex/fourplex. Perfect for a DSCR loan where your rental income pays for your mortgage, plus you get a dock and a place to park your boat on deep water. This is the most versatile quadplex/fourplex plus carriage house (comes fully furnished) in Panama City. Here is the rental income breakdown: Carriage house = $1750 per month; Apartment 1 (Civil Contractor) = $1450 per month; Apartment 2 (Realtor) = $1450 per month; Apartment 3 (Property Maintenance Man) = $1,000 per month (reduced because he takes care of the lawn and pool - you could charge $1450); Apartment 4 (Josh) = $1450 per month; Total income = $7100 per month or $85,200 per year. New custom landscaping and pool to relax and enjoy. Beautiful decking, shared dock with fish cleaning station. Location is easy to access to newly renovated downtown entertainment with shopping, dining, concerts and ongoing festivities.

401 & 405 Massalina Drive, Panama City

$1,700,000
3 Beds 3 Baths 993167 MLS 2,970 SqFt.
Discover an exceptional opportunity to own a beautifully designed coastal retreat in the highly desirable Seacrest area of Florida's Emerald Coast. Serenity at Treetop combines modern luxury, thoughtful design, and unbeatable location, making it a perfect primary residence, vacation home, or investment property. Step inside this spacious 5-bedroom, 4.5-bathroom home and experience the effortless flow of open-concept living. The heart of the home features a bright, fully equipped kitchen with stainless steel appliances, a generous island with breakfast bar seating, and abundant storage — ideal for both everyday living and entertaining guests. The adjacent living and dining areas offer plenty of room for family gatherings and relaxed coastal living. Designed with both comfort and style in mind, the interior blends contemporary finishes with warm coastal charm. The primary suite provides a serene retreat with a luxurious ensuite, while additional bedrooms offer flexible sleeping arrangements and privacy for family or guests. A upstairs recreation room adds extra space for fun and relaxation with a shuffleboard table and media setup. Outdoor living is effortless with multiple spaces to enjoy the temperate Gulf Coast climate  including a covered deck with comfortable seating and outdoor TV, an upper balcony with breezy views, and a welcoming front porch that all set the tone for seaside living. Situated in a community with a pool and just a short ride to pristine Gulf beaches, bike paths, dining, and shopping along Scenic Highway 30A, this property puts the best of coastal living right at your doorstep. With modern amenities, ample parking, and a golf cart included for neighborhood use, Serenity at Treetop represents a rare blend of comfort, convenience, and lifestyle on Florida's Emerald Coast.

245 Redbud Ln, Inlet Beach

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