Property Attributes
- MLS#793916
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodEl Centro Beach
- Zip32413
- Style
- Year Built1967
- Taxes$ 7276
- Price$ 995,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3354
- Lot Size0.22 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
This massive single-family estate, currently operating as the high-performing ''Mighty Paradise'' (with $170K+ in rental history) offers an incredible investment opportunity just two blocks from the beach and one mile from Pier Park. Designed for maximum occupancy and versatility, the property features a sprawling layout that sleeps up to 24 guests, making it a favorite for large groups and reunions. Renovations include a fully remodeled kitchen, fresh interior paint, and a resurfaced 16x32 heated saltwater pool, ensuring a turnkey experience for the next owner. Beyond the main living areas, the property distinguishes itself with a dedicated game room equipped with billiards, foosball, and air hockey, plus a private hot tub for ultimate relaxation. Uniquely designed with separate guest quarters that include a second full kitchen and private patio, this estate offers rare flexibility for multi-generational families or groups seeking privacy. With no HOA and a proven history of rental success, this is a standout asset in the PCB market.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 8/12/2026 | Listed $995,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | El Centro Beach |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Buyer Financing | Other |
| Directions | Heading south on Arnold Rd, turn left on Innocente, the property will be on your left. |
| High School | Arnold |
| City | Panama City Beach |
| Zoning Description | Resid Single Family |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 9583 |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 7276.63 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0320 - Beach - Middle Central |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Tenant |
| Year Built | 1967 |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Cooktop,Electric Oven,Electric Range |
| Construction Materials | Block,Stucco |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 6 |
| Full Baths | 4 |
| Virtual Tour | https://www.zillow.com/view-imx/cd78760a-0416-4a3a-89db-9171cc7db866?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Architectural Style | Other |
| Pool Features | Fenced,In Ground,Private |
| Security Features | Smoke Detector(s) |
| New Construction | false |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Tub Shower |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 6 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
Exterior Features
| Lot Features | Sprinkler System |
|---|---|
| Lot Size Area | 0.22 |
| Lot Dimensions | 80.0 ft x 120.0 ft |
| Lot Size Acres | 0.22 |
| Road Frontage Type | City Street |
| Building Area Total | 3354 |
| Waterfront Y/N | false |
| Road Responsibility | Public Maintained Road |
| Fencing | Fenced |
| Private Pool | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
In The Neighborhood
Panama City Beach
$ 1,144,900
- Type
- Single Family
- Size
- 2,541 SqFt
- Rooms
- 4 Beds + 2 Baths
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.