240 Oleander Drive, Panama City Beach, FL 32413
Local realty services provided by:Better Homes and Gardens Real Estate Historic
240 Oleander Drive,Panama City Beach, FL 32413
$1,775,000
- 5 Beds
- 5 Baths
- 4,173 sq. ft.
- Single family
- Pending
Listed by: marina grigoryan
Office: coldwell banker realty
MLS#:791597
Source:FL_BCMLS
Price summary
- Price:$1,775,000
- Price per sq. ft.:$425.35
About this home
Luxury new construction in Laguna Beach Estates on the highly desirable West End of Panama City Beach! Located near the 30A corridor and just minutes from the beautiful beaches, dining, shopping, and entertainment PCB has to offer, 240 Oleander Drive is a standout opportunity for investors, second-home buyers, and luxury coastal buyers.
Built in 2026, this 5-bedroom, 4 full bath and 1 half bath home offers approximately 4,173 sq ft H&C and is designed with short-term rental performance in mind. No HOA.Short-term rentals allowed. The spacious layout, private pool, outdoor kitchen, wet bars, and luxury finishes create an ideal setup for vacation rental guests and large groups.
Interior features include marble flooring throughout, crown molding, recessed lighting, walk-in laundry room, remote-controlled ceiling fans, double-pane low-E windows, energy-efficient insulation, central HVAC on each floor, two 50-gallon water heaters, and a mini-split system in the garage.
The kitchen features Cristalo quartz countertops, a Black Lava quartz island, undermount sink, and upgraded full-overlay white oak cabinetry with soft-close concealed hinges, full-extension soft-close drawer glides, plywood box construction, natural birch interiors, and PPG stain finish. Wet bars with wine coolers are located on both the first and second floors.
Outdoor features include a custom brushed copper iron door, fully paved driveway, landscaped backyard, inground saltwater pool, outdoor kitchen with Black Pearl granite, outdoor shower, sprinkler system with separate irrigation meter, keyless side entry, and low-risk Flood Zone X. One-year builder warranty included.
Rental projections conservative $168,500- to optimized $240,000.
Short-term rentals allowed / STR eligible, subject to buyer obtaining required City of PCB Vacation Rental Certificate, DBPR license, BTR, TDT registration, and fire/life safety approval...
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Home facts
- Year built:2026
- Subdivision & Development:Laguna Beach Estates 7th Add
- Listing ID #:791597
- Added:94 day(s) ago
- Updated:September 22, 2026 at 07:43 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:5
- Kitchen Description:Bar Fridge, Electric Water Heater
- Living area:4,173 sq. ft.
Structure and exterior
- Year built:2026
- Building area:4,173 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Contemporary
- Exterior Features:Balcony
- Levels:3 Story
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:West Bay
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,775,000
- Price per sq. ft.:$425.35
Features and amenities
- Amenities:BarFridge, ElectricWaterHeater
- Pool features:InGround, Private, Salt Water
Parking
- Parking description:Garage, Paved
- Garage:Yes
- Garage spaces:1
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