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201 Armstrong Circle

Panama City Beach, FL 32413
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Bed 5

Bed

Bath 3

Bath

Acres0.17

Acre(Lot)

JUST REDUCED AND SELLER IS OFFERING $5000 INCENTIVE TO BUYER AT CLOSING WITH AN ACCEPTABLE OFFER! Spacious Panama City Beach Home with Private Entrance Mother-In-Law Suite/Apartment - just minutes to the Beach and the new Tallahassee Memorial Hospital! Centrally located in the heart of Panama City Beach, this inviting home offers flexible living space, thoughtful updates, and outdoor features designed for everyday enjoyment. Just 1/8 mile to the beach, five minutes to the new hospital, ten minutes to Pier Park and just 20 minutes to the International Airport, the home is also nestled in a neighborhood known for its great location to shopping, dining, neighbors, nearby park, and festive seasonal decorations that make it especially enjoyable for families. A standout feature is the pri vate attached mother-in-law suite/apartment with its own separate entrance, offering a bedroom, private bathroom, huge walk-in closet, and additional living/bonus space. This layout provides excellent flexibility for extended family, guests, a private workspace, or a quiet retreat. A centrally located home office, craft room/bonus room adds even more versatility. The main home features an open floor plan with granite countertops, updated cabinetry, Luxury Vinyl Plank and tile flooring, all completed during the 2017 renovation. Additional updates include new garage doors and a metal roof replaced in 2017. Important system updates include two separate AC units (front and back zones), with duct work added to the mother-in-law suite/apartment. Units were replaced in 2017 and 2018. Interior updates in 2017 also included tubs, tile, carpet, and the mother-in-law suite/apartment bathroom. Outdoor features add even more appeal with a pergola-covered area perfect for relaxing or entertaining, added backyard sidewalks, a widened driveway, and a privacy fence installed in 2022. The property also includes a two-car garage and wiring already installed for security cameras (just add your own hard drive). This home has been well loved and well lived in, filled with years of family memories. Even more reassuring for buyers in the area, the property has experienced no flooding and no homeowners insurance claims. This is a phenomenal property with so many options! It can be a primary residence with an income producing apartment or short term rental, especially with the new hospital so close and the bonus room/office space could allow you to work from home! There are endless possibilities! Don't miss this opportunity!

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Detail Ic Property Details

Property Type : Residential

Price : $629,500

AD Id : 76253470

MLS Id : 786986

Beds : 5

Lot Size : 0.17 Acre

Year Built : 1978

Garage : 2

County : Bay

Subdivision: Lake Island

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Rooms Total: 6

    Roofing Information

    Metal
  • Interior Features

    Roof: Metal
    Appliances: ElectricOven, ElectricWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Fireplaces Has Cooling: Yes Cooling: CentralAir, CeilingFans

  • Building Information

    Year Built: 1978
    Building Area Total: 2494
    Construction Materials: Brick
    Stories: 1
    Patio And Porch Features: Patio, Covered, Porch
    Private Pool: No
  • Exterior Features

    Exterior Features: Patio

  • Lot Information

    Lot Dimensions: 61x120 Main Square Feet: 0.17 Lot Size Acres: 0.17 Lot Size Square Feet: 7,320 Lot Description: Paved

    Property Information

    Subdivision: Gulf Highlands Unit-2 Source Property Type: Residential MLS Area Minor: 0322 - Beach - North West Zoning Description: Resid Single Family Property SubType: Single Family Residence Levels: One Property Age: 48

  • Listing Price Information

    Listing Price: $629500
    Original Price: $650000

  • Tax Information

    Parcel Number: 33077-000-000 Tax Year: 2025 Annual Tax: $2498 Tax Legal Desc: GULF HIGHLANDS UNIT # 2 LOT 3 BLK 2 ORB 3837 P 2003 P 180

  • Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: West Bay Junior High School: Surfside Senior High School: Arnold
  • Utility Information

    CableConnected, HighSpeedInternetAvailable
  • Location Information

    Direction: Traveling west on Panama City Beach Parkway, take a right onto Armstrong Circle. The house will be on your left.
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ByOwner last updated this listing 06/08/2026 @ 19:16

MLS: 786986 LISTED BY: Darcie Ducharme, Carillon Realty Inc 850-234-5600 SOURCE: CPAR

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