119 Southfields Road Unit 119 & 121, Panama City Beach, FL 32413

$1,590,000
7
BD
7
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,590,000
List Price
$1,500,000
Closing Date
May 08, 2026
MLS#
787608
Bedrooms
7
Bathrooms
7
Full-baths
6
Half-baths
1
Acres
0.09
Lot Size
3,877
Subdivision
No Named Subdivision
Year Built
2004

Property Description

Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.

Additional Information

Waterview
Gulf
Pool
Yes
Interior Features
Instant Hot Water
Exterior Features
Covered Patio, Deck, Outdoor Shower
Lot Dimensions
irregular
Appliances
Electric Range, Electric Water Heater, Tankless Water Heater
Elementary School
West Bay
Middle School
Surfside
High School
Arnold

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Corcoran Reverie. Selling Office: EXP Realty LLC.