BEDS4
BATHS2 full
SQUARE FEET2,144
MLS#787831
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGulf Vista
Property Description
Situated in the Gulf Vista community on the west end of Panama City Beach, this fully occupied duplex offers immediate rental income along with unique future potential. Set on approximately a quarter-acre lot, with over half of the property still available for expansion, additional units, or enhanced outdoor living, this is an opportunity that goes beyond a typical duplex investment. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded experience that's increasingly hard to find. Each unit offers a functional two-bed, one-bath layout, with updates completed in 2021, new windows in 2018. New hot water heater installed in 21106 in 2025. In 2026, Unit 21104 was further improved with new carpet, fresh interior paint, an updated bathroom, and updated kitchen flooring, along with washer, dishwasher, range, and hood, featuring white appliances. Unit 21104 includes stainless steel appliances, washer and dryer, interior paint, a remodeled bathroom, water heater, carpet, and a rocked backyard with an 8'x10' storage shed. Positioned on the west end of Panama City Beach, this property enjoys convenient access to the dining, shopping, and charm of Scenic Highway 30A, while still being just a short drive to Pier Park to the east--offering the best of both lifestyles. With vacation rentals restricted per deed, this property is well-suited for stable, long-term rental income while still benefiting from a highly desirable coastal location.
Property Features
Property Type: Multi Unit - Multiple
Fenced: Yes
Heating: Electric
Home Style: Duplex
Lot Size: 0.26 Acres
Roof Type: Composition, Shingle
Stories: 2.0
Taxes: $5,603
Year Built: 1994
Amenities
Interior Steps
Rain Gutters
Feature Descriptions
Appliances: Electric Oven, Electric Range, Electric Water Heater
Days on Site: 60
Exterior: Vinyl Siding, Wood Frame
Fencing: Fenced
Lot: Paved
Lot Dimensions: 140x80
Parcel#: 35370-730-000
Utilities: Electricity Available, High Speed Internet Available
Room Sizes
Bedroom: 12 X 11 Level - Second
Bedroom: 12 X 11 Level - Second
Kitchen: 16 X 11 Level - First
Living Room: 16 X 15 Level - First
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: West Bay
Listed By / Shown By
Listed By
Agency Name: The Premier Property Group
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
Estimate Your Payment
Estimated Payment
$ 2,191.22 per month $1,524.51 Principal & Interest $466.92 Property Tax $199.79 Homeowner's InsuranceChange Payment Information
21104 S Lakeview Drive | MLS# 787831
This multi-family property located at 21104 S Lakeview Drive, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $685,000. Search Panama City Beach real estate on www.realtymark.net today.