Sand Castles Villa Real Estate, Homes, Condos for Sale in Panama City Beach, FL

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. What if I told you that you could own a beach getaway for under $150,000 that's less than a one-minute walk to the sugar-white sand? The numbers don't lie! This is one of the best ROI opportunities in the area. Many 2-bedroom properties selling for four times the price don't generate this level of annual rental income. Brand-new HVAC installed in July 2026! For a full video tour, search ''For Sale Sand Castles Villa 15'' on YouTube. Welcome to Sand Castles Villa in beautiful Panama City Beach! This well-maintained, fully furnished, turnkey studio is rental-ready and perfect for investors or anyone looking for an affordable beach retreat. Just steps from the Gulf, you'll love the unbeatable location, convenience, and coastal charm. The unit produced $25,491 in gross rental income last year and already has strong future bookings, making it an excellent income-producing property with even more upside. Enjoy the Florida sunshine, walk to the beach in under a minute, and start earning rental income from day one. It's hard to find a better beachside value under $150,000 in Panama City Beach. Even better: With a full-price offer, the seller will pay all special assessments at closing, totaling $24,172. This includes the current $7,000 assessment plus the annual $1,908 assessment for the next nine years. Those funds are being invested back into the community, meaning you'll enjoy the benefits of the improvements, increased rental appeal, and long-term appreciation without paying a penny for the assessments. A true win-win opportunity for both investors and beach lovers alike!

4114 Holiday Drive Unit 15, Panama City Beach

$215,000

2 Beds ⋅ 2 Baths ⋅ 748511 MLS

Super Cute 2 Bedroom 1.5 Bathrooms TOP FLOOR END UNIT (only 3 floors) just steps away from the sandy white beaches! This great east side location is right off Thomas Dr. The unit is offered furnished as viewed with a few exceptions for personal items. This beachy condo has been customized to be made into two bedrooms with a full bathroom downstairs and a half bath upstairs. This unit is beachy and cute as a button! Enjoy Gulf views from the front deck and sunset views in the evening! This unit offers an excellent entry level opportunity to get steps away from the sandy white beaches without busting the budget. It has been mostly used as a second home. Come view this wonderful condo today!

4114 Holiday Drive Unit 19, Panama City Beach

$170,000

1 Baths ⋅ 744821 MLS

Sandcastle Villas Unit 15 is a beautifully maintained ground level unit just half a block from public beach access 13 and 14. The unit is being sold as a furnished, turnkey short-term rental complete with the on-site private pool. This unit performs very well as a short-term rental, rental history and rental projections are available upon request.

4114 Holiday Drive Unit 15, Panama City Beach

$197,000

1 Baths ⋅ 745873 MLS

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' MOTIVATED SELLER! Sandcastle Villa #16, is a delightfully charming studio condo located just 1/2 block from the beach. The close proximity to the beach makes this complex a sought after find because of the short steps it takes to get to beach access 13 or 14. Located on the 1st floor for convenience, upon entering this unit, one experiences the 'beachy feel' of a getaway vacation with the beautiful décor the unit holds. The unit features a newer water heater, a brand new luxury remodeled shower, a washer and dryer, 'beachy' furnishings, and a full size kitchen with kitchenware. The laundry room is located right outside the front door in the utility room which also provides for some extra storage. Known for its strong short-term rentals in this complex, this complex allows for short-term rentals, long-term rentals, or owner/residence occupancy. Please ask for the short term rental projection sheet from the agent, as provided by a very reputable short term rental company. The grounds feature a private fenced in pool and outdoor shower as well as 1 private parking spot. Overflow parking is available. This complex is great as an investment property or can be used as a getaway vacation location for anyone. Come sit on your balcony, relax, swim in the pool, and take in the sun at the beach and just enjoy all that Panama City Beach has to offer. Not far from restaurants, shopping, and family fun!

4114 Holiday Drive Unit 16, Panama City Beach

$150,000

1 Baths ⋅ 761301 MLS

Sand Castle Villa Unit 8 is a fully stocked and fully furnished efficiency condo that is turnkey and ready for any owner. This condo unit has a high short term rental income as it is a STR, as does this complex. Ask agent for more details. With creative marketing you can stay fully booked year round! The peace and tranquility of this property and of this condominium makes for unforgettable memories that can be made at the beach. Located just 150 steps from the white sugary sands and the warm gulf waters easy access to the beach is at your doorstep. Beach access 13 and 14. The beautiful decor in this unit features tile floors throughout, beautiful furnishings with a luxury bed, a smart TV, stainless steel appliances, serene neutral colors, and a fully stocked kitchen. All furnishings and kitchenware are included in the sale as seen in the pictures and the video tour. Sleeps 4. This complex is known for its strong short term rentals, long term rentals, or owner/resident occupancy. A private fenced in pool and an outdoor shower are located on site. Right outside the door of your unit is the private laundry room with a washer and dryer and extra storage area for your beach toys! One parking space is included and overflow parking is also on site. Sit on your balcony and enjoy the warmth of the weather in this smaller complex that is peaceful and very personable. Close to restaurants and just a short drive to Pier Park and other PCB entertainment. Ask agent for more details!

4114 Holiday Drive Unit 8, Panama City Beach

$215,000

2 Beds ⋅ 2 Baths ⋅ 748511 MLS

Super Cute 2 Bedroom 1.5 Bathrooms TOP FLOOR END UNIT (only 3 floors) just steps away from the sandy white beaches! This great east side location is right off Thomas Dr. The unit is offered furnished as viewed with a few exceptions for personal items. This beachy condo has been customized to be made into two bedrooms with a full bathroom downstairs and a half bath upstairs. This unit is beachy and cute as a button! Enjoy Gulf views from the front deck and sunset views in the evening! This unit offers an excellent entry level opportunity to get steps away from the sandy white beaches without busting the budget. It has been mostly used as a second home. Come view this wonderful condo today!

4114 Holiday Drive Unit 19, Panama City Beach

$197,000

1 Baths ⋅ 745873 MLS

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' MOTIVATED SELLER!Sandcastle Villa #16, is a delightfully charming studio condo located just 1/2 block from the beach. The close proximity to the beach makes this complex a sought after find because of the short steps it takes to get to beach access 13 or 14. Located on the 1st floor for convenience, upon entering this unit, one experiences the 'beachy feel' of a getaway vacation with the beautiful decor the unit holds. The unit features a newer water heater, a brand new luxury remodeled shower, a washer and dryer, 'beachy' furnishings, and a full size kitchen with kitchenware. The laundry room is located right outside the front door in the utility room which also provides for some extra storage. Known for its strong short-term rentals in this complex, this complex allows for short-term rentals, long-term rentals, or owner/residence occupancy. Please ask for the short term rental projection sheet from the agent, as provided by a very reputable short term rental company. The grounds feature a private fenced in pool and outdoor shower as well as 1 private parking spot. Overflow parking is available. This complex is great as an investment property or can be used as a getaway vacation location for anyone. Come sit on your balcony, relax, swim in the pool, and take in the sun at the beach and just enjoy all that Panama City Beach has to offer. Not far from restaurants, shopping, and family fun!

4114 Holiday Drive Unit 16, Panama City Beach

$170,000

1 Baths ⋅ 744821 MLS

Sandcastle Villas Unit 15 is a beautifully maintained ground level unit just half a block from public beach access 13 and 14. The unit is being sold as a furnished, turnkey short-term rental complete with the on-site private pool. This unit performs very well as a short-term rental, rental history and rental projections are available upon request.

4114 Holiday Drive Unit 15, Panama City Beach

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