508 Le Grand Drive, Panama City Beach

$469,000

2 Beds
2 Baths
1,407 Sqft
0 Acre
0 Garage

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.

SHORT TERM RENTAL ALLOWED!
INVESTORS DREAM.
Sleeps Like a 5-Bedroom! Rental Powerhouse or Dream Beach Retreat

This unique coastal gem offers a 2-bedroom + bunk layout plus two detached bunkhouses, creating the functionality and sleeping capacity of a 5-bedroom home. Whether you're looking for a high-performing rental investment or your own personal beach haven, this property delivers versatility, charm, and undeniable appeal.

Step inside to a stunning chef's kitchen, outfitted with a premium Bertazzoni gas range, granite countertops, and an oversized granite island perfect for entertaining. The seamless flow into the spacious living area and beyond creates an atmosphere where friends and family can gather. One of the home's standout features is the expansive screened porch, leading to a shaded back deck built with nature in mind. Mature landscaping has been lovingly preserved, with the deck artfully designed around native foliage and centered by a tranquil koi pond.

Two detached bunkhouses add incredible flexibility ideal for guests, kids, or even as a unique snack bar (one includes a serving window!). These additional spaces enhance both the rental potential and the everyday enjoyment of this property.

Every element of this home has been curated for comfort, character, and connection. It's more than just a house it's a warm, welcoming sanctuary ready for your next chapter by the beach.

Essential Information
MLS® #981165
Price$469,000
Sold Price$455,000
Date Sold$2025-12-17
Bedrooms2
Bathrooms2.00
Full Baths2
Square Footage1,407
Year Built2002
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address508 Le Grand Drive
Area27 - Bay County
SubdivisionRIVIERA BEACH
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Utilities

Electric, Gas - Natural, Public Water, Septic Tank

Interior
HeatingCentral, Gas - Natural
CoolingCentral Air
# of Stories1
Interior Features

Crown Molding, Vaulted Ceiling(s), Pantry, Split Bedroom

Appliances

Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Washer, Gas Water Heater

Exterior
Lot DescriptionWithin 1/2 Mile to Water
WindowsWindow Treatments
Exterior Features

Private Yard, Outdoor Shower, Sprinkler System

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
Days on Website455
ZoningResid Single Family
Listing Details
OfficeKeller Williams Realty SRB
Property History
Price Increased from $449,000 to $469,000
LISTING MAP

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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 14th, 2026 at 6:37pm CDT.