209 Oleander Drive, Panama City Beach, FL 32413
Local realty services provided by:Better Homes and Gardens Real Estate Historic
209 Oleander Drive,Panama City Beach, FL 32413
$1,400,000
- 4 Beds
- 4 Baths
- 2,798 sq. ft.
- Multi-family
- Active
Listed by: chris m shelton
Office: beachy beach real estate
MLS#:785643
Source:FL_BCMLS
Price summary
- Price:$1,400,000
- Price per sq. ft.:$500.36
About this home
Laguna Beach Two Homes. Two Opportunities on L-Shaped Lot. Ideal for primary residence, second home, or short-term rental for both homes.
Welcome to 209 Oleander Drive, a prime opportunity in the heart of Panama City Beach--perfect for both personal use and investment. Located just minutes from the sugar-white sands and emerald waters of the Gulf. This home offers easy access to beaches, dining, shopping, and entertainment.
The Main House, remodeled in 2017 has bright living spaces, and an easy flow make it welcoming for guests and owners alike. Outside, enjoy a private area perfect for relaxing after a beach day or hosting visitors.
The main house has 2 Bedrooms. 2 Full Baths. Dining Room, Kitchen, Living Room, new plumbing and wiring, 2025 HVAC with UV Light, Heat Pump. Screen In Patio, Large Outdoor Deck, Fenced Backed Yard. Touchless Faucet. Hurricane Panels. Outdoor Shower. Sprinkler System. Kitchen on first floor. 8 x 12 Storage Shed. 30 x 30 Insulated Workshop. Ozone Hot Tub, no chlorine needed. Slab on Grade. Concrete Block House with Harding Siding/Trim. The Garage can hold 2 cars and a golf cart. Driveway can hold 6 cars.
The property also includes a Carriage House with a two-car garage built in 2023. Over the past two years, the sellers have generated approximately $23,000 per year in short-term rental income (estimated), making this an attractive option for buyers seeking a property with established rental performance. Its desirable location and proximity to popular PCB attractions support continued short-term rental demand. Slab on Stem Wall. Wood Framing. Harding Siding/Trim. Balcony. Paved Patio. Furniture Negotiable. Vinyl Plank throughout. Smart Thermostat. All Window Treatments. Hurricane windows. High Impact Window and Doors. Kitchen on 2nd Floor. Great room, Master, 2nd Bedroom, Bathroom with separate water closet. Stackable Washer and Dryer in Carriage House. Master Bed 15 x13. Second Bedroom 14 x 10. Bathroom 8 x 10. Main Room 18 x 33. Downstairs Studio 22 x 11. Laundry/Utility Room 11 x 11. Garage 33 x 22. 2 Car Garage and 4 Parking Places in Driveway. 527Steps to Sand.
Both Homes include Full appliance package, Tankless Water Heater, walk in shower and Smoke Detectors. Water/Sewer is one bill for both homes, Two electric meters.
Whether you're looking for a beach getaway, income-producing property, or a combination of both, 209 Oleander Drive offers flexibility, location, and proven rental potential.
Schedule your showing today and explore the possibilities of beach living and investment in Panama City Beach. More Pictures to Follow.
Contact an agent
Home facts
- Year built:1964
- Listing ID #:785643
- Added:1 day(s) ago
- Updated:February 25, 2026 at 01:41 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Living area:2,798 sq. ft.
Heating and cooling
- Cooling:CentralAir, Ductless
- Heating:Central, Heat Pump
Structure and exterior
- Roof:Metal
- Year built:1964
- Building area:2,798 sq. ft.
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:West Bay
Utilities
- Sewer:Sewer Available
Finances and disclosures
- Price:$1,400,000
- Price per sq. ft.:$500.36
- Tax amount:$4,972 (2025)
New listings near 209 Oleander Drive
$649,000Active2 beds 2 baths1,152 sq. ft.9450 S Thomas Drive #209C, Panama City, FL 32408
MLS# 778673Listed by: CENTURY 21 RYAN REALTY INC- New
$610,000Active3 beds 2 baths1,785 sq. ft.21612 Sunset Avenue, Panama City Beach, FL 32413
MLS# 785773Listed by: ROBERT SLACK, LLC - New
$135,000Active-- beds 1 baths330 sq. ft.14401 Front Beach Road #427, Panama City Beach, FL 32413
MLS# 785791Listed by: ANCHOR REALTY FLORIDA - New
$644,900Active2 beds 2 baths1,135 sq. ft.11807 Front Beach Road #2003, Panama City Beach, FL 32407
MLS# 785799Listed by: COUNTS REAL ESTATE GROUP INC - New
$295,000Active1 beds 1 baths650 sq. ft.7904 Surf Drive # 12, Panama City Beach, FL 32408
MLS# 996134Listed by: THE PREMIER PROPERTY GROUP SEACREST OFFICE - New
$1,695,000Active3 beds 4 baths3,419 sq. ft.2821 Annette Avenue, Panama City Beach, FL 32408
MLS# 996155Listed by: BEACH HOUSE SALES AND DEVELOPMENT - New
$13,750,000Active6 beds 7 baths5,040 sq. ft.384 Beachside Drive, Panama City Beach, FL 32413
MLS# 996157Listed by: SANDELS BY THE SEA LLC - New
$570,000Active2 beds 2 baths1,135 sq. ft.11807 Front Beach Road #1-608, Panama City Beach, FL 32407
MLS# 785751Listed by: LIFES A BEACH REAL ESTATE, LLC - New
$1,295,000Active4 beds 3 baths3,171 sq. ft.3601 Dragon's Ridge Road, Panama City Beach, FL 32408
MLS# 996127Listed by: CHRISTIES INTERNATIONAL REAL ESTATE EMERALD COAST