119 Southfields Road 119 & 121, Panama City Beach

$1,500,000

7 Beds
7 Baths
3,864 Sqft
.09 Acre
0 Garage

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.

Essential Information
MLS® #999290
Price$1,500,000
Sold Price$1,590,000
Date Sold$2026-05-08
Bedrooms7
Bathrooms7.00
Full Baths6
Half Baths1
Square Footage3,864
Acres0.09
Year Built2004
TypeResidential
Sub-TypeDetached Single Family
StyleBeach House
StatusSold
Community Information
Address119 Southfields Road 119 & 121
Area27 - Bay County
SubdivisionSouthfields Section 1
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ViewGulf
Has PoolYes
PoolIn Ground
Utilities

Public Sewer, Public Water, TV Cable

Interior
Interior FeaturesSplit Bedroom
CoolingCentral Air
# of Stories3
Appliances

Refrigerator, Electric Water Heater

Exterior
Exterior FeaturesBalcony
Lot DescriptionWithin 1/2 Mile to Water
WindowsWindow Treatments
RoofMetal
Construction

Stucco, Trim Vinyl, Siding CmntFbrHrdBrd

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
Days on Website200
Zoning

Resid Multi-Family, Resid Single Family

Listing Details
OfficeCorcoran Reverie SRB
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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 16th, 2026 at 10:22am CDT.