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517 Cove Villa Street

Panama City Beach, FL 32407
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Bed 3

Bed

Bath 2

Bath

Acres0.11

Acre(Lot)

Great Primary Residence or Short-Term Rental Opportunity in Panama City Beach! This beautifully upgraded 2021 3BR/2BA home offers a split floor plan with tray ceilings in the living room and master suite. Recent updates include new LVP flooring, quartz countertops throughout, tile backsplash, new refrigerator and stove, shiplap electric fireplace, fresh paint, recessed lighting, upgraded plumbing fixtures, and door hardware. Custom wooden shelving has been added to all closets and the pantry for excellent organization and storage. The home is pre-wired for two Tesla chargers and sits on a small, low-maintenance yard with new Zoysia grass and palm trees. Additional storage is available above the garage. Short-term rentals are allowed, and most furnishings are negotiable, making this a tur nkey income-producing property. As a 2021 build, it benefits from some of the lowest insurance premiums on the beach along with a newer roof, AC, and major systems. The community features one of the lowest HOA fees in the area and includes a dog park. Located less than 1 mile from the marina with boat slips and launch, Navy base, and sports complex, this home is just 3 miles from the Gulf beaches. The nearby sports complex drives strong rental demand from traveling baseball teams and tournaments. Perfect as a personal beach home or for generating income, with a projected annual gross rental income of $42,000. This is a move-in ready gem--reach out today for more details or to schedule a showing!

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Detail Ic Property Details

Property Type : Residential

Price : $409,900

AD Id : 84709294

MLS Id : 790954

Beds : 3

Lot Size : 0.11 Acre

Year Built : 2021

Garage : 2

County : Bay

Subdivision: Lakeforest At St Lucie Wes

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 5

    Roofing Information

    Composition, Shingle, Shake
  • Interior Features

    DoubleVanity, MainLevelPrimary, SoakingTub, SeparateShower, WalkInClosets
    Roof: Composition, Shingle, Shake
    Appliances: ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2021
    Building Area Total: 1672
    Construction Materials: HardiplankType
    Patio And Porch Features: Covered, Patio, Porch
    Private Pool: No

  • Lot Information

    Lot Dimensions: 50X100X50X100 Main Square Feet: 0.11 Lot Size Acres: 0.11 Lot Size Square Feet: 4,966 Lot Description: SprinklerSystem

    Property Information

    Subdivision: Emerald Cove Villas Source Property Type: Residential MLS Area Minor: 0321 - Beach - North Central Zoning Description: Resid Single Family Property SubType: Single Family Residence Property Age: 5

  • Listing Price Information

    Listing Price: $409900
    Original Price: $419900

  • Tax Information

    Parcel Number: 27541-500-048 Tax Year: 2025 Annual Tax: $2775 Tax Legal Desc: EMERALD COVE VILLAS LOT 24 ORB 4471 P 1206

  • Garage Information

    Has Garage: Yes Garage Space: 2

    Homeowners Association Information

    Has Association: Yes
    Association Amenities: Other, SeeRemarks
    Community Features: ShortTermRentalAllowed

  • School Information

    Elementary School: Breakfast Point Junior High School: Breakfast Point Senior High School: Arnold
  • Location Information

    Direction: Heading West on Hwy 98 over the Hathaway Bridge turn right on Wildwood Road. Go to Emerald Cove and turn left. Traveling East on Hwy 98 take the Thomas Drive/ Navy Base exit. Turn left at light and then stay to right. Do not go over the bridge. At next Traffic light turn left onto Wildwood Rd. Emerald Cove is on the left. Model located at 310 Emerald Cove Street PCB FL 32407.
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ByOwner last updated this listing 06/24/2026 @ 16:15

MLS: 790954 LISTED BY: Kristy Woliver, Blue Bird Woliver Realty 850-630-1143 SOURCE: CPAR

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