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Listing Courtesy Of: Scenic Sotheby's International Realty, Vogel Group

Local Realty Services Provided By: Keller Williams Success Realty

Overview

What It'll Cost

Neighborhood

Similar Homes

$1,795,000

327 Derondo & 326 Tanaga Street, Panama City Beach, FL 32413

6 Beds

5 Baths

sq ft

$1,795,000

327 Derondo & 326 Tanaga Street, Panama City Beach, FL 32413

Estimation provided by Keller Williams Realty Inc.

6 Beds

5 Baths

sq ft

Active

For Sale

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Property Description

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Two spacious homes with connecting yards enjoy a shared pool, playground and a putting green on a double-size lot in Panama City Beach. It's the ultimate versatile space with huge appeal to groups, wedding parties or multi-generational families looking for a sizable vacation rental with some privacy and independence. Both homes are newly updated, furnished and turnkey. They offer the potential for renting each house separately, or as one massive complex with six bedrooms and 4.5 baths to accommodate 20+ guests. Bedrooms are all on the first floor and include bunks that families will love. The Derondo house has a king bed and triple bunks, a queen ensuite, and a bedroom with king-over-king beds. The living area has a sleeper sofa and a large couch. The Tanaga house has three bedrooms including a full-over-full bunks, a king bedroom with triple bunk beds, and a queen bedroom with porch access. A pull-out sofa and a large couch provide further sleep options. Renovations include all new plumbing, updated kitchens, bathrooms, and new tile. Outdoors, the incredible recreation area has updates including resurfacing the pool, adding an outdoor kitchen, and a new playground with swings and slides. Extra improvements include a shaded covered eating area and a mini putting green, providing fun for all ages. A curtained gazebo boasts luxury day beds for relaxing while keeping a watchful eye on the kids in the pool. When you need to escape, an indoor game room has a full-sized pool table. Both homes have new kitchens with stainless steel appliances and quartz countertops. One has a functional breakfast bar ideal for feeding youngsters while adults can throw steaks on the barbecue and enjoy alfresco dining beneath the outdoor chandelier. Two separate sitting rooms allow everyone to spread out and find their own space. Sectional sofa seating provides ample space for snuggling close and watching TV as a family before retiring to bed. The complex includes a fully equipped laundry and has ample parking for multiple vehicles. Located south of Highway 98, this unusual offering is just a five-minute walk to the beach and is close to golf courses, supermarkets, and restaurants. It is offered with rentals already on the books that will transfer to the new owner.

Property Details

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Overview

Property Type

Detached Single Family

Property Size

sq ft

Year Built

1984

Days on Site

45 Days

HVAC

Central, Ceiling Fan(s)

Parking

Kelly Flanagan at Keller Williams Success Realty

Kelly Flanagan

Keller Williams Success Realty

SL3395533

(678) 898-1665

(850) 249-0313

kellyflanagan@kw.com

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Purchase Price: $1,795,000

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Price & Tax History

Date

Event

Price

03/10/2025

Price Decrease

$1,795,000

(-2.97%)

02/07/2025

Listed

$1,850,000

(+330.23%)

08/28/2023

Sold

$430,000

(+244%)

10/26/2012

Sold

$125,000

(+66.67%)

08/14/2000

Sold

$75,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$2,748

(+48.91%)

$253,371

Land 186,565 + Additions 66,806

2021

$1,845

(-0.07%)

$150,526

Land 91,000 + Additions 59,526

2020

$1,846

(+4.72%)

$151,230

Land 89,250 + Additions 61,980

2019

$1,763

(+10.3%)

$132,593

No Breakdown Available

2018

$1,599

(+9.42%)

$120,539

No Breakdown Available

2017

$1,461

$109,581

Land 40,028 + Additions 69,553

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.