Features & Amenities

Interior

  • Other Interior Features

    Double Vanity, Soaking Tub, Smart Thermostat, Walk-In Closet(s)

  • Total Bedrooms

    4

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s), Zoned

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central, Electric, Fireplace(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Stucco, Frame

  • Parking

    Garage, Garage Door Opener

  • Patio and Porch Features

    Patio

  • Pool

    Yes

  • Pool Features

    Fenced, In Ground, Private

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Cul-De-Sac, Paved

  • Lot Size(acres)

    0.38

  • Lot Size(square feet)

    16,553

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $575,000

  • Tax Amount

    $5,235

  • Zoning

    Resid Single Family

  • Sq. Footage

    2,940

  • Price/SqFt

    $195

HOA

  • Association

    No

School District

  • Elementary School

    Northside

  • Middle School

    Mowat

  • High School

    Mosley

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Northside

Middle School

Mowat

High School

Mosley

Listing Courtesy of Garrett S Aune , Beachy Beach Real Estate

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Dee Anderson

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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS

METICULOSULY Cared For, and one of the LOWEST PRICED per sq/ft 4-bedroom homes with a pool in all of Panama City!!!

With all the incredible updates, it's hard to believe that this price is real. But rest assured... these original owners have spared absolutely no expense in ensuring this custom-built home is ready to create amazing lifelong memories for its next loving family. 

From the moment you step inside, you find yourself instantly greeted with soaring ceilings, endless natural light, and a feeling of ''home''  that you simply don't find in most places. 

From the newly updated tile flooring, to the completely remodeled bathrooms, to the fresh paint and updated fixtures throughout... this thoughtfully designed home offers everything you could dream of - and so much more. And the master bedroom is truly a sight to behold!!!  You simply will not find a larger room with limitless space when it comes to winding down in the evenings.  

And if you are in Florida because of the impeccable weather, then the backyard is a peaceful oasis unlike any other home in the area. Perfectly landscaped and offering incredible privacy, you will entertain worry free for years to come with a refreshing in-ground saltwater pool (featuring a brand new liner and freshly painted pool deck) and an all-new aluminum hardtop gazebo! 

The exterior has an all-new roof, the attic has been updated with spray foam, and the entire home has been freshly painted with an incredibly durable ''rubberized'' stucco paint - meaning that you will enjoy low utility bills and carefree homeownership for years to come!

Perfectly situated on a peaceful cul-de-sac in the highly desirable Northshore community, this pristine home is within a few minutes to everything you might need, all while being nestled into one of the most established yet peaceful areas of town. 

Please go take a look at all the other homes available... Don't just look at the pictures, actually go and see how each of them ''feel.'' Then, please come be our guest. Simply walking in the door, you will know in your heart that this one truly is special in every way possible.

Welcome Home!

913 Mallory Drive

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MOTIVATED SELLERS!! BRING ALL OFFERS. HUGE PRICE REDUCTION!!! UPGRDES! UPGRADES! UPGRADES! Welcome to this STUNNING, thoughtfully designed, BETTER THAN NEW home in one of Panama City's most sought-after communities.

This beautifully UPGRADED residence combines modern luxury with everyday functionality. It has FABULOUS tile flooring, enhanced lighting fixtures, designer ceiling fans throughout, upgraded front porch lighting, custom blinds, and a spacious screened-in porch perfect for enjoying Florida's year-round outdoor living.

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Lake Merial is known for its breathtaking 300-acre spring-fed lake, ideal for kayaking, paddleboarding, and fishing, along with scenic walking trails, green spaces, and a vibrant calendar of community events. From festive holiday celebrations to food truck nights and golf cart-friendly streets, this neighborhood offers a lifestyle that is both relaxed and engaging!! Call your favorite Realtor to see this one, it is PERFECT!! All measurements to be verified by the buyer.
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Investors Take Notice... this is the ABSOLUTE LOWEST PRICED and one of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach!!!

This unbelievable condo has been loved by the same family for 27 years, and now that they are starting a new chapter in life, they are offering it up at a once in a lifetime price!

Let's look at the facts...

Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. 

VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond.  Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable... 

LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. 

Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property. 

For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's and the all new and Wildly Popular Tootsie's Honkytonk (with big name country music stars performing regularly)! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away! Yep... talk about KILLER location!!!

AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf-front rental destinations in the entire area. 

Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one.

In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! 

PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit!

The average 3 bedroom in Sugar Beach brings in over $60k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 10% - which is unheard of nowadays.

And with over $90k invested in updates over the last few years, it simply doesn't get any better than this! Updates include: All new kitchen cabinets and counter tops, HVAC, water heater, electrical panel, shower inserts, LVP flooring in bedrooms, couch and loveseat, and all new hurricane sliding doors and windows. 

Welcome to Paradise!!!
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Now, here's where the opportunity becomes truly compelling: this condo is priced $75,000 below market value, giving you the rare chance to create a fully customized beachfront retreat tailored to your exact taste. Instead of settling for someone else's design choices, you can transform this already exceptional space into a modern coastal showpiece--while instantly building equity.

Watercrest is widely regarded as one of the premier Gulf-front communities on Panama City Beach, and inventory in this building--especially in this stack and layout--is extremely limited.

Whether you're seeking a luxury personal escape, a high-demand rental investment, or both, this property delivers location, layout, views, and upside in one compelling package.

Opportunities like this don't wait--and neither should you. Secure your place on the beach and turn this exceptional value into your own one-of-a-kind coastal masterpiece!
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# 105 Grand Lagoon Shores

**PROVEN VACATION RENTAL • $114,560 ON THE BOOKS FOR 2026 • PRIVATE HEATED POOL • 3,015 SQ FT • 4 BEDROOMS • 3 BATHROOMS • NO HOA**

Welcome to **105 Grand Lagoon Shores**, a spacious and income-producing Panama City Beach pool home offering **4 bedrooms, 3 full bathrooms, and 3,015 square feet of living space**. With a **private heated pool, 2-car garage, generous lot, no HOA, and short-term rental potential**, this property offers incredible flexibility as a vacation rental investment, second home, or spacious primary residence.

### PROVEN RENTAL PERFORMANCE

Investors, take note! This property generated **$101,958 in gross rental revenue in 2025** and currently has approximately **$114,560 in rental revenue on the books for 2026**.

The established rental history, private pool, large floor plan, and ability to accommodate larger groups create a compelling opportunity for buyers looking for an established Panama City Beach vacation rental.

Inside, the expansive single-story layout provides plenty of room to spread out, with **four bedrooms and three full bathrooms** offering flexibility for families and guests. The home's kitchen, bathrooms, flooring, and finishes also present an opportunity for the next owner to update and personalize the property over time.

Step outside to your own **private heated pool and spacious outdoor living area**--an amenity guests and owners alike can enjoy throughout much of the year. A **2-car garage**, ample living space, and the freedom of **NO HOA** add even more versatility.

Whether you're searching for an income-producing vacation rental, a second home near the beach, or a large primary residence with a private pool, **105 Grand Lagoon Shores combines space, rental performance, location, and opportunity in one property.**

### SUBSTANTIAL SELLER INCENTIVES AVAILABLE

The seller understands that the home is ready for its next chapter and is offering buyers meaningful assistance with an acceptable offer.

**Seller is offering up to a $30,000 credit at closing toward a NEW ROOF, PLUS up to $10,000 in additional buyer concessions with an acceptable offer!**

The additional buyer concession may be applied toward **allowable closing costs, prepaid expenses, an interest-rate buy-down, or other approved buyer expenses**, subject to applicable financing and lender requirements.

That's **up to $40,000 in potential seller assistance** designed to help the next owner address a major property improvement while preserving more of their own cash for closing, updating, and making the home their own.

**3,015 SQ FT • 4 BEDROOMS • 3 BATHROOMS • PRIVATE HEATED POOL • 2-CAR GARAGE • NO HOA • STR POTENTIAL • PROVEN RENTAL HISTORY • UP TO $30K NEW ROOF CREDIT • UP TO $10K BUYER CONCESSIONS**

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Welcome to Bay Point, one of Panama City Beach's most sought after gated communities! Enjoy the exceptional Bay Point lifestyle with the Nicklaus Golf Course, Point South Marina, Hilton Bayside Resort, dining, tennis courts, playground and more. Just outside the community are the beautiful beaches of Panama City Beach, St. Andrews State Park, shopping, restaurants and multiple marinas.

This spacious home offers an open floor plan with generous living and dining areas, along with a large formal living room featuring a wood-burning fireplace. Oak hardwood floors add character to the living and dining areas, with tile in the kitchen, laundry room, sunroom and bathrooms, and new carpet in the bedrooms.The spacious kitchen provides abundant cabinetry and plenty of room for future updates.

Outside, the home features a private inground pool, generous outdoor living space, a large carport and ample driveway parking.

This property is in need of repairs and updating and is being offered as an opportunity for the next owner to renovate and make it their own. With its spacious floor plan, private pool and desirable Bay Point location, this home has tremendous potential. Bring your vision and transform this property into a beautiful Bay Point home.
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New on site 3 days ago
Back on the market with a Motivated Seller this 4 Bedroom 3 Bath single story beach house with RV or Boat trailer parking is located South of Grand Lagoon in Panama City Beach, walk/Golf cart to the beach and easy access to boat ramps! 

Inside, you'll find a well-maintained interior with an updated kitchen, upgraded lighting, and a flexible layout featuring a game room--perfect for guests or maximizing rental income. Outside, enjoy a privacy-fenced backyard built for BBQs and relaxing, plus a front-yard pergola that gives you that laid-back beach vibe.

Investor? This is a turnkey property. Primary/2nd home Buyer? Skip the HOA headaches and enjoy space, convenience, and Panama City Beach living.

The interior is in great condition, and the location is incredible! Walk to the beach from this 4BR/3BA with a game-room, updated kitchen, lighting and more, lounge and BBQ outside in your privacy fenced back yard, relax in your front yard under the pergola and park your boat or RV in your large driveway. Looking for an investment property and to capture that bonus depreciation this year? Been dreaming of buying a home in Panama City Beach? Ready for stress free living/investing and want room to park your toys without paying a fortune?
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New on site 4 days ago
Rare waterfront freedom meets elevated design on the tranquil waters of Deer Point Lake. Positioned on 4917 High Point Dr, this exceptional estate spans a RARE DOUBLE LOT boasting 160 feet of direct shoreline. The four-bedroom residence has been completely remodeled with a refined rustic modern aesthetic--seamlessly blending rich organic textures, architectural warmth, and clean contemporary finishes. Light-filled living areas maximize water views, creating a effortless transition between upscale indoor living and the peaceful lakefront setting outdoors.

4 Spacious Bedrooms: Remodeled layout offering ample room for family, guests, or a dedicated home office. Rustic Modern Aesthetic: Updated with warm wood tones, clean lines, designer fixtures, and natural finishes. Deer Point Lake Waterfront: 160 feet of shoreline on Panama City's premiere freshwater reservoir--ideal for boating, fishing, and kayaking. Double-Lot Potential: Unique capability to keep a massive private compound or build and sell a second residence. Massive Pole Barn: High-clearance storage for oversized boats, lake toys, RVs, or workshop space.

The expansive grounds offer unmatched versatility and long-term value. Beyond the main four-bedroom home, the property features a massive pole barn built for boat storage, RV parking, a workshop, or a custom recreational setup. The double-lot designation gives future owners the rare flexibility to maintain an ultra-private waterfront sanctuary, expand the compound, or build and sell a second independent home. Whether enjoyed as a private freshwater retreat or leveraged for its unique development potential, this Deer Point Lake offering is a standout along the Panama City waterfront.
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Panama City

4917 High Point Drive

4 Beds

2 Baths

1,876 Sq.Ft.

$560,000

MLS#: 794702

New on site 4 days ago
Rare waterfront freedom meets elevated design on the peaceful shores of Deerpoint Lake. Situated at 4917 High Point Dr, this exceptional estate spans a rare double lot featuring 160 feet of direct shoreline. The four-bedroom residence has been completely transformed with a refined rustic modern aesthetic--seamlessly pairing rich organic textures, architectural warmth, and clean contemporary finishes. Sun-drenched living areas frame stunning water views, offering an effortless flow designed for both quiet everyday relaxation and high-end entertaining.

The expansive grounds deliver unprecedented versatility and long-term value. In addition to the main four-bedroom home, the property showcases a massive pole barn built to accommodate oversized boat storage, RV parking, a custom workshop, or a recreational compound.

Crucially, the unique double-lot footprint provides rare strategic potential: keep the entire footprint as an ultra-private waterfront domain, expand your compound, or build and sell a second independent residence for capital gain. Whether you are searching for a private freshwater retreat, a multi-structure sanctuary, or a smart real estate investment with built-in development flexibility on Deerpoint Lake, this Panama City offering stands in a class of its own.
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4917 High Point Drive

4 Beds

2 Baths

1,876 Sq.Ft.

$560,000

MLS#: 1010789

Welcome to this beautifully maintained custom-built home in the gated Cedar Creek community, where quality construction, thoughtful details, and exceptional outdoor living come together on a spacious 1.08-acre fully landscaped lot. The home is in excellent condition and features higher-end finishes, generously sized bedrooms and living areas, and abundant storage throughout, including a large garage.

Outdoor living is a standout feature, with expansive covered front and rear porches providing comfortable spaces for relaxing, entertaining, and enjoying the beautifully landscaped surroundings. The property also includes a dedicated irrigation well and irrigation system for convenient landscape maintenance.

For those needing additional storage or workspace, the approximately 1,250-square-foot enclosed pole barn/shop is equipped with water and electricity and was approved by the neighborhood Architectural Review Committee. The structure offers versatile space for storing boats, RVs, vehicles, equipment, or other recreational items. Additional dedicated parking provides even more flexibility for vehicles, guests, or equipment.

Cedar Creek offers a welcoming community atmosphere with a large neighborhood pool and clubhouse available for residents to enjoy. The community is also known for its natural setting and abundant wildlife, with deer, rabbits, and other wildlife frequently seen roaming throughout the neighborhood. The convenient location of this home provides easy access to these amenities while maintaining a sense of space and privacy.

A pre-listing home inspection has already been completed, providing additional peace of mind. A private appraisal has been completed and a valuation of $650k (attached in documents). With its combination of a well-maintained custom home, expansive acreage, substantial storage, versatile shop space, community amenities, and abundant natural surroundings, this property offers a rare opportunity to enjoy both comfort and functionality in the gated Cedar Creek community.
#794692

Panama City

4138 Cedar Creek Drive

3 Beds

2 Baths

2,382 Sq.Ft.

$649,900

MLS#: 794692

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