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21104 S Lakeview Drive

Panama City Beach, FL 32413
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Bed 4

Bed

Bath 2

Bath

Situated in the Gulf Vista community on the west end of Panama City Beach, this fully occupied duplex offers immediate rental income along with unique future potential. Set on approximately a quarter-acre lot, with over half of the property still available for expansion, additional units, or enhanced outdoor living, this is an opportunity that goes beyond a typical duplex investment. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded experience that's increasingly hard to find. Each unit offers a functional two-bed, one-bath layout, with updates completed in 2021, new windows in 2018. New hot wat er heater installed in 21106 in 2025. In 2026, Unit 21104 was further improved with new carpet, fresh interior paint, an updated bathroom, and updated kitchen flooring, along with washer, dishwasher, range, and hood, featuring white appliances. Unit 21104 includes stainless steel appliances, washer and dryer, interior paint, a remodeled bathroom, water heater, carpet, and a rocked backyard with an 8'x10' storage shed. Positioned on the west end of Panama City Beach, this property enjoys convenient access to the dining, shopping, and charm of Scenic Highway 30A, while still being just a short drive to Pier Park to the east--offering the best of both lifestyles. With vacation rentals restricted per deed, this property is well-suited for stable, long-term rental income while still benefiting from a highly desirable coastal location.

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Detail Ic Property Details

Property Type : Residential

Price : $685,000

AD Id : 76742993

MLS Id : 787831

Beds : 4

Year Built : 1994

County : Bay

Subdivision: 2nd Addn To Royal Oaks

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 4

    Roofing Information

    Composition, Shingle
  • Interior Features

    InteriorSteps
    Roof: Composition, Shingle
    Appliances: ElectricOven, ElectricRange, ElectricWaterHeater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric

  • Building Information

    Year Built: 1994
    Building Area Total: 2144
    Construction Materials: VinylSiding, WoodFrame
    Stories: 2
    Private Pool: No
  • Exterior Features

    Exterior Features: RainGutters

  • Lot Information

    Lot Dimensions: 140x80 Lot Description: Paved

    Property Information

    Subdivision: Gulf Vista Source Property Type: Residential MLS Area Minor: 0325 - Beach - West South Zoning Description: Resid Multi-Family Property SubType: Duplex Levels: Two Property Age: 32

  • Listing Price Information

    Listing Price: $685000

  • Tax Information

    Parcel Number: 35370-730-000 Tax Year: 2025 Annual Tax: $5603 Tax Legal Desc: GULF VISTA SEC 3 13B4 LOT 15 BLK E ORB 4398 P 776

  • School Information

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

    ElectricityAvailable, HighSpeedInternetAvailable
  • Location Information

    Direction: From front beach road, turn north onto Downing street. At the Y, stay left to s lakeview. Property will be on the left. From Hwy 98 turn south onto Downing street until it meets S Lakeview, then turn right. Home will be on the left.
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ByOwner last updated this listing 06/21/2026 @ 02:23

MLS: 787831 LISTED BY: Alexandra Maddox, The Premier Property Group 850-213-5000 SOURCE: CPAR

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