167 Downing Street, Panama City Beach, FL 32413
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
167 Downing Street,Panama City Beach, FL 32413
$2,989,000
- 4 Beds
- 5 Baths
- 3,580 sq. ft.
- Single family
- Active
Listed by: susan a west
Office: berkshire hathaway homeservices
MLS#:994619
Source:FL_ECAR
Price summary
- Price:$2,989,000
- Price per sq. ft.:$834.92
About this home
PRICE IMPROVEMENT - Reduced by over $500,000! This exceptional luxury beach home presents a rare opportunity to own a custom-built residence in the highly sought-after West End of Panama City Beach. This stunning Coastal masterpiece was completed in 2021 by acclaimed builder Rick Koehnemann of Koehnemann Construction. Offering 4 bedrooms, 4.5 bathrooms, with designed living spaces on each floor. This extraordinary property blends craftsmanship, modern luxury, and exceptional short-term rental potential. This home was designed for Comfort, Relaxation & Entertaining! Just a few houses from the beach on an oversized lot, the property provides a spacious outdoor yard with room to design your own swimming pool. A fully fenced backyard with privacy fencing and beautiful, mature landscaping creates a sense of comfort and seclusion. A back gate leads to a short walk over the dunes to the undeveloped natural beach--where sand, sea oats, and the beautiful Emerald waters of the Gulf, makes it feel like your own private stretch of coastline. This home provides you with an Open-concept main level with sliding glass doors that open onto a covered screened patio for seamless indoor/outdoor living. The Primary suite is on the main level, plus an additional bedroom and ensuite provides flexibility and convenience. The indoor elevator adds access to all levels. Second floor features its own living space with a family room, open office area, two guest bedrooms, and a bunk room--perfect for large gatherings, multi-family vacations, or rental flexibility. Bedrooms and the family room access the expansive covered balcony with seasonal Gulf views and refreshing Gulf breezes. The upstairs bunk room with twin beds gives more flexibility for guests which is perfect for hosting large families or groups. Premium Features & Upgrades are, " Double crown molding throughout main living areas and the Primary bedroom, Single crown molding in guest bedrooms, 9 Inch baseboards throughout, 8 ft tall solid wood doors throughout the home, and 4 Inch Plantation Shutters throughout. " Soaring 12-foot ceilings on the lower level and 10-foot ceilings upstairs. Surround sound system in Living room. Garage Attic space completely covered in 1'' plywood for added storage. " Tankless hot water heater for efficiency and convenience. Trex deck with railing for ease in maintenance " The house is wired for a whole-house generator and a future swimming pool installation. Tons of Storage! " Gulf Vista is a non-HOA Neighborhood with underground utilities, preserving both reliability and beauty. " The Outdoor shower is ideal for rinsing off after beach days. This home is a short drive to 30A, Rosemary Beach, premier restaurants and shopping. Pier Park is a destination with a variety of restaurants, shopping, an IMAX theater, and attractions including Dolly Parton's Pirates Voyage Dinner Show and Topgolf. This thoughtfully designed Luxury Custom built home offers the best of both worlds: a serene coastal retreat for your family and a high-demand short-term rental opportunity in one of Florida's most coveted beach destinations, Panama City Beach, FL ....
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Home facts
- Year built:2021
- Listing ID #:994619
- Added:304 day(s) ago
- Updated:July 11, 2026 at 06:33 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:9
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Refrigerator/Icemaker, Stove/Oven Gas
- Living area:3,580 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2021
- Building area:3,580 sq. ft.
- Lot area:0.34 Acres
- Lot Features:Cleared, Level
- Architectural Style:Craftsman Style
- Exterior Features:Balcony, Fenced Area, Shower, Sprinkler System, Yard Building
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:West Bay
Utilities
- Water:Public Water
Finances and disclosures
- Price:$2,989,000
- Price per sq. ft.:$834.92
- Tax amount:$7,111 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Refrigerator w/Ice Maker, Stove/Oven Gas, Washer
- Laundry features:Dryer, Washer
- Amenities:Breakfast Bar, Built-In Bookcases, Elevator, Handicap Provisions, Kitchen Island, Pantry
Parking
- Garage:Yes
- Garage spaces:2
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