119 Southfields Road 119 &Amp 121 Panama City Beach, FL 32413
Listing Courtesy of: EMERALD COAST / Corcoran Reverie Srb

  119 Southfields Road 119 &Amp 121 Panama City Beach, FL 32413

Active (2 Days)
$1,500,000 (USD)
7
BED
7
BATH
3,864
SQFT

Description

Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.

MLS #:
999290
Taxes
$9,970(2025)
Lot Size
3,920 SQFT
Type
Single-Family Home
Year Built
2004
Style
Beach House
Views
Gulf
County
Bay County

Listed By

Paul Gibney, Corcoran Reverie
Source
EMERALD COAST
Last checked Apr 1 2026 at 5:14 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
  • Half Bathroom: 1
Interior Features
  • Split Bedroom
Kitchen
  • Refrigerator
  • Smoke Detector
  • Smooth Stovetop Rnge
  • Water Heater - Elect
Subdivision
  • Southfields Section 1
Lot Information
  • Within 1/2 Mile to Water
Heating and Cooling
  • Central Air
Utility Information
  • Utilities: Public Water, Tv Cable
School Information
  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold
Stories
  • 3
Location
   
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Vendor Number:29098