240 Oleander Drive, Panama City Beach, FL 32413

$1,775,000
5
BD
5
BA

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List Price
$1,775,000
MLS#
791597
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
5
Bathrooms
5
Lot Size
4,792
Neighborhood
Beach - West Central

Property 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 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. Rental projections conservative $168,500- to optimized $240,000. Short-term rentals allowed / STR eligible, subject to buyer obtaining required City of PCB Vacation Rental Certificate, DBPR license, BTR, TDT registration, and fire/life safety approval

Additional Information

Acres
0.12
Appliances
Bar Fridge, ENERGY STAR Qualified Appliances, Electric Water Heater
Elementary School
West Bay
Exterior Features
Barbecue, Outdoor Kitchen
High School
Arnold
Interior Features
Balcony, Double Vanity, Main Level Primary, Separate Shower, Upper Level Primary, Walk-In Closet(s)
Lot Dimensions
50.0 ft x 102.0 ft
Lot Features
Sprinkler System
Middle School
Surfside
Neighborhood
Beach - West Central
Project Facilities
Barbecue, Short Term Rental Allowed
Stories
3
Subdivision
Laguna Beach Estates 7th Add
Year Built
2026

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Realty.