3518 Treasure Circle, Panama City Beach

$600,000

3 Beds
2 Baths
1,588 Sqft
.15 Acre
0 Garage

''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' This is a cash flowing machine! Perfectly positioned in Panama City Beach's desirable South Lagoon area, this 3BR/2BA home blends coastal comfort with strong investment potential. Just minutes from Beach Access 7, the home features an open-concept layout, stainless steel appliances, wood-look tile flooring in the main living areas, and a spacious primary suite with Trey ceilings. Step outside to a large covered patio overlooking a brand new heated pool installed in 2025, perfect for relaxing or entertaining. Major updates include a new roof in 2022. Currently operating as a successful short-term rental with over $65,000 in gross revenue already in 2025 and on track to exceed that. Whether you're looking for a primary residence, second home, or income-producing beach property, this one checks the boxes.

Essential Information
MLS® #1003365
Price$600,000
Sold Price$580,500
Date Sold$2026-07-22
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,588
Acres0.15
Year Built2013
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address3518 Treasure Circle
Area27 - Bay County
SubdivisionTREASURE ISLAND
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
UtilitiesElectric, Septic Tank
ParkingGarage
Interior
HeatingCentral
CoolingCentral Air
# of Stories1
Interior Features

Breakfast Bar, Pantry, Washer/Dryer Hookup

Appliances

Dishwasher, Microwave, Refrigerator

Exterior
Exterior FeaturesPrivate Yard
WindowsWindow Treatments
RoofComposite Shngl
ConstructionStucco
School Information
ElementaryPatronis
MiddleSurfside
HighArnold
Additional Information
Days on Website150
ZoningResid Single Family
Listing Details
OfficeLegacy Premier Agency LLC
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 15th, 2026 at 5:37pm CDT.