3 Beds
2 Baths
1,296 SqFt
3 Beds
2 Baths
1,296 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $1,388
Subdivision Gulf Lagoon Beach
MLS Listing ID 786283
Style Coastal
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1982
Annual Tax Amount $8,599
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Property Description
Welcome to The Palapa House, a Gulf-front residence positioned directly on the sugar-white sands of the Gulf of America, with deeded ownership extending to the water's edge. Fewer than 7% of Gulf-front parcels in Panama City Beach offer this level of private beachfront ownership, making opportunities like this exceptionally rare.
Originally designed by the architects of Regency Towers, the home is positioned farther onto the beach than neighboring properties, ensuring unobstructed panoramic Gulf views to the east and west.
Step from your back door onto your private stretch of beach or relax beneath the city-approved private Palapa, made possible by the extended property lines reaching the water's edge. The palapa's thatched roof was replaced in Fall 2025.
The upstairs Gulf-front balcony is accessed from the main family room and offers sweeping sunrise & sunset views. On the lower level, a beachside deck is accessible from the second bedroom and opens directly to the sand. A private boardwalk extends from the front porch to the beach, and an exterior shower on the rear boardwalk provides convenient sand removal after leaving the beach.
Major improvements include a new GAF roof system with new roof decking and fascia board, backed by a 15-year wind and material warranty installed in July 2025. A new Siemens 200-amp circuit breaker panel with corrosion-resistant copper wiring was installed in 2025. The exterior was upgraded with Tyvek vapor barrier, Hardie plank siding and trim, and fully painted with Sherwin-Williams exterior paint.
All decks were stained with Super Deck marine stain and all windows were freshly caulked. The home passed a professional 4-point and wind inspection in 2025, resulting in a 17% reduction in homeowners insurance premium.
The interior and exterior have been freshly painted and luxury vinyl plank flooring runs throughout the home. Additional upgrades include new ceiling fans, updated bathroom light fixtures, new smart TVs with upgraded WiFi, new locks and security features, new kitchen accessories, and solar film installed on all windows to improve energy efficiency during extreme weather conditions.
The living room features a 3-D glass electric fireplace with optional heat and color-changing flame. New lighting and updated family room, dining room, and bedroom furniture and accessories enhance the home's coastal design.
The kitchen and baths were previously remodeled, and the home is offered beautifully furnished. Appliances include electric range, microwave, dishwasher, refrigerator, washer and dryer.
This three-bedroom home comfortably sleeps 11, including Twin XL bunks, a newer queen mattress in the downstairs bunk room, and a queen sleeper sofa. The primary bedroom is located on the second floor for privacy and separation.
Exterior features include mature palm trees, an 8x40 privacy fence, covered porch areas, private driveway parking, and two beach decks with custom cable rails. High-end Sunbrella outdoor furniture was added in April 2021.
The property consistently rents more than 200 days per year with documented rental income available upon request. Daily and weekly rental structure is already in place. Flood insurance remains favorable due to grandfathered mapping status.
Located near St. Andrew State Park, Shell Island, marinas, waterfront dining, and public boat access, this is Gulf-front ownership at its rarest. Private, deeded, income-producing, and architecturally positioned for unobstructed views.
This is not simply a beach house.
It is a generational Gulf-front asset.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Ductless, Electric, Fireplace(s)
Cooling Central Air, Ceiling Fan(s), Ductless
Flooring Luxury Vinyl Plank
Fireplaces Type Electric
Fireplace Yes
Appliance Electric Range, Electric Water Heater
Exterior
Exterior Feature Covered Patio, Outdoor Shower
Fence Partial
Community Features Short Term Rental Allowed
Utilities Available Cable Connected, High Speed Internet Available
Waterfront Description Gulf,Shoreline - Sand
View Y/N Yes
Water Access Desc Gulf,Shoreline - Sand
View Gulf
Roof Type Shingle
Porch Deck, Balcony
Private Pool No
Building
Lot Description Paved
Story 2
Entry Level Two
Foundation Pillar/Post/Pier
Sewer Public Sewer
Architectural Style Coastal
Level or Stories Two
Additional Building Other
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 30571-010-000
Security Features Carbon Monoxide Detector(s),Security Lights,Smoke Detector(s)
Special Listing Condition Listed As-Is
Nearby Locations
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