704 Gulf View Drive, Panama City Beach

$498,600

3 Beds
2 Baths
1,104 Sqft
.37 Acre
1 Garage

RARE 16,000 SQ FT DOUBLE/TRIPLE CORNER LOT WITH DUAL ACCESS & DEVELOPMENT POTENTIAL
This prime corner property has about 16,000 square feet (0.37 acres) and includes dual access.
Parking space for an RV, boat, and trailer | A workshop or a pole barn | A guest house or a mother-in-law suite | A swimming pool, an outdoor kitchen, and a resort-style backyard | A private compound or a multi-unit development for buyers who want room to expand.
If a zoning change were made to R-2, the property could be used for duplexes, cottages, or as a high-yield vacation-rental compound for investors and developers.
This 3-bedroom, 2-bathroom house, which has been extensively remodelled, is available ready to move into and comes fully furnished with a stylish coastal decoration, so that people who wish to occupy it immediately or use it to generate rental income can do so. In the meantime, they will be able to carry out their plans for the land.
In 2026 the countertops were replaced with quartz, a farmhouse sink was installed, a Bosch dishwasher was fitted, PVC plumbing was used and spray-foam insulation was added.
The key infrastructure consists of a new roof from 2023 and an HVAC system from 2022.
The exterior and grounds include a gabled porch, updated trim and siding, a deck, a patio, full fencing, and a detached garage.
Ready in terms of insurance: has already undergone the wind mitigation inspection and is now insured with Citizens, which gives the buyers an extra sense of peace of mind. A few minutes from Lake Powell, Florida's largest coastal dune lake, and with public boat ramp access. It is about five minutes' drive to 30A, Inlet Beach, and world-class Gulf access. You can enjoy living in a golf-cart community while having room to store all your beach and water toys.
For buyers in the West End it is uncommon to come across opportunities that offer such utility, have flexible land use, and provide immediate cash flow.
Situated right next to Rosemary Beach, this property has luxury vinyl plank (LVP) waterproof flooring in all areas, a feature that is attractive to buyers looking for easy maintenance and a pleasant arrangement. The principal living space includes comfortable seating. The open-plan design continues smoothly into the dining area and the well-stocked kitchen, which is equipped with a big central island, stainless steel appliances, cabinetry, and a open pantry, combining both style and functionality.
If you're looking for a house to use as a primary residence or as a second home, then this property provides an excellent chance for buyers to experience the best aspects of living in Panama City Beach. Since it's only a short drive from the sugar-white sand and emerald waters of the Gulf, the home is also close to Pier Park, various restaurants, and entertainment facilities. Thanks to the absence of an HOA, this property presents a wonderful opportunity to enjoy the Emerald Coast way of life.
Property sold AS-IS--buyer to verify all measurements, zoning, and development details with local county authorities.

Essential Information
MLS® #1009524
Price$498,600
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,104
Acres0.37
Year Built1991
TypeResidential
Sub-TypeMobile Home
StyleMobile Home
StatusActive
Community Information
Address704 Gulf View Drive
Area27 - Bay County
SubdivisionLake Powell Estates
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
# of Garages1
Utilities

Electric, Public Sewer, Public Water, Septic Tank

Parking

Boat, RV Access/Parking, Garage

Interior
Interior FeaturesKitchen Island
CoolingCentral Air, Ceiling Fan(s)
# of Stories1
Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
RoofComposite Shngl, Shake
ConstructionFrame
School Information
ElementaryHutchinson Beach
MiddleSurfside
HighArnold
Additional Information
ZoningMobile Home
Listing Details
OfficeSavvy Avenue LLC
Property History
Price Reduced from $498,800 to $498,600
Price Reduced from $499,000 to $498,800
Price Reduced from $599,000 to $499,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on October 15th, 2026 at 8:52pm CDT.