209 Oleander Drive Panama City Beach, FL 32413

PRICED AT $1,199,000

Listing Details

  • $1,199,000
  • MLS# 1014881
  • Type Multi Unit - Multiple
  • Status Active
  • 4 Bedrooms
  • 3 full 1 partial Bathrooms
  • 2,798 Square Feet
  • 1964 Year Built

Description

COASTAL LIVING MEETS INCOME POTENTIAL IN LAGUNA BEACH! With projected annual rental income of $85,000 from the existing residences, 209 Oleander Drive offers an exceptional opportunity to enjoy the beach while putting your investment to work. The owner currently occupies the main home, leaving substantial income potential to unlock by renting both residences.Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment.Remodeled in 2017, the main residence features bright, inviting...read more

Features

  • Cooktop
  • Dishwasher
  • Dryer
  • Microwave
  • Range Hood
  • Refrigerator
  • Security System
  • Smoke Detector
  • Stove/Oven Electric
  • Washer
  • Water Heater - Tnkls
  • Central Air
  • Floor Vinyl
  • Heat Pump Air To Air, Central
  • $4,972 Taxes
  • Built in 1964
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/13/2026. The listing information on this page last changed on 11/13/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 11/13/2026 12:00:19 AM EST) or Pensacola MLS (last updated Thu 11/12/2026 11:53:11 PM EST) or Baldwin County MLS (last updated Thu 11/12/2026 11:51:14 PM EST) or Emerald Coast MLS (last updated Thu 11/12/2026 11:55:20 PM EST) or Navarre Area Board Of Realtors (last updated Thu 11/12/2026 11:51:13 PM EST) or Commercial Exchange (Levin Rinke) (last updated Thu 11/12/2026 7:19:08 PM EST). Real estate listings held by brokerage firms other than Levin Rinke Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Security System, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Tnkls
  • Cooling: Central Air
  • Days on Site: 8
  • Exterior: Block, Siding CmntFbrHrdBrd
  • Exterior: Balcony, Fenced Back Yard, Hurricane Shutters, Shower
  • Fenced: Yes
  • Financing Terms: Conventional, VA
  • Flooring: Floor Vinyl
  • Garage: 4 car attached
  • Heating: Heat Pump Air To Air, Central
  • Home Style: Duplex
  • Interior: Ceiling Crwn Molding, Fireplace, Pantry, Washer/Dryer Hookup
  • Lot Description: Interior, Within 1/2 Mile to Water
  • Parcel Number: 36813-000-000
  • Parking: Garage Detached, Oversized
  • Patio/Porch: Patio Covered, Patio Enclosed
  • Property Condition: Renovated, Construction Complete
  • Road Frontage: City Street
  • Road Surface: Paved
  • Rooms Total: 13
  • Security: yes
  • Sewer: Public Sewer
  • Sub Type: Duplex - All Units
  • Taxes: $4,972
  • Utilities: Electric, Public Water, TV Cable, Underground
  • Window: Window Treatment All
  • Year Built: 1964