149/150 Cain Road, Panama City Beach

$949,000

4 Beds
4 Baths
2,304 Sqft
.05 Acre
0 Garage

Rare opportunity to own both sides of a beautifully updated duplex in West Panama City Beach with picturesque views of Lake Powell, one of Florida's largest and most pristine coastal dune lakes. Located in the Pirates Cove community, this exceptional property boasts exclusive access to the Gulf via a private dock and boat launch, offering a refined coastal lifestyle ideal for boating, fishing, paddle boarding, and kayaking. Enjoy direct water access from your own backyard, while being just minutes from the sugar-white sands of the Gulf, the boutiques and dining along Scenic Highway 30A, and the natural beauty of Camp Helen State Park. (149 CAIN ROAD AND 150 CAIN ROAD BEING SOLD TOGETHER PARCEL IDS: 35257-060-000 AND 35257-050-000) Pirates Cove also features two community pools, and the elevated coastal design of this home provides spacious covered parking beneath the home, accommodating multiple vehicles, a boat, and offering flexibility for storage and outdoor gear.
The interiors feature a bright, open-concept layout with a relaxed coastal aesthetic and thoughtful updates throughout. Expansive living and dining areas are filled with natural light, creating an open and inviting space ideal for entertaining. Updated kitchens showcase granite countertops, stainless steel appliances, gray shaker cabinetry, and generous bar seating, seamlessly connecting to the living and dining spaces.

Both units are tastefully updated, turn-key furnished, and supported by a strong rental history, making this an exceptional investment opportunity, multi-family retreat, or private coastal getaway.

Essential Information
MLS® #991318
Price$949,000
Bedrooms4
Bathrooms4.00
Full Baths4
Square Footage2,304
Acres0.05
Year Built1985
TypeResidential
Sub-TypeTownhouse
StyleFlorida Cottage
StatusActive
Community Information
Address149/150 Cain Road
Area27 - Bay County
SubdivisionPIRATES COVE
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ViewLake
Utilities

Electric, Public Sewer, Public Water

Parking

Boat, Attached Carport, Oversized, Carport, Covered

Interior
AppliancesElectric Water Heater
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
# of Stories2
Interior Features

Breakfast Bar, Owner's Closet, Pantry, Washer/Dryer Hookup

Exterior
Lot DescriptionWithin 1/2 Mile to Water
WindowsWindow Treatments
RoofComposite Shngl, Shake
Exterior Features

Outdoor Grill, Balcony, Boat Launch, Outdoor Shower

Construction

Frame, Trim Wood, Siding CmntFbrHrdBrd

School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
ZoningResid Single Family
Office

The Premier Property Group Seacrest Office

Property History
Price Reduced from $975,000 to $949,000
LISTING MAP

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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 April 22nd, 2026 at 1:37pm CDT.