216 Palm Beach Drive, Panama City Beach

$575,000

3 Beds
2 Baths
1,191 Sqft
0 Acre
0 Garage

Welcome to 216 Palm Beach Dr., a beautifully updated coastal cottage-style home ideally located on the highly sought-after west end of Panama City Beach. Offering the perfect blend of charm, flexibility, and investment potential, this property features no HOA and allows for short-term rentals, making it an exceptional opportunity for a primary residence, second home, or income-producing retreat. Embrace the coastal lifestyle with beach access #95 just a short 2-minute walk away, providing effortless access to the sugar-white sands and emerald Gulf waters. Outdoor enthusiasts will appreciate being only a 4-minute drive to Lake Powell's public boat launch and Camp Helen State Park, known for its rare coastal dune lake, scenic beauty, and nature trails. From the moment you arrive, the home's crisp exterior, inviting covered front porch, and relaxed beachside appeal set the tone for easy living. Inside, the layout offers a bright and welcoming atmosphere with an open feel, ideal for both everyday living and hosting guests. The spacious homesite provides plenty of room to enjoy the outdoors, entertain, or simply unwind in your own private setting. Convenience is key, with shopping, dining, and entertainment just minutes away, including a nearby center anchored by Publix, along with all the charm and attractions of 30A. This home has undergone extensive recent improvements, offering peace of mind and long-term value, including:

Foundation piers installed (2024, warranted)
New metal roof (2024, warranted)
New HVAC system (2025, warranted)
New gutters with gutter guards (2026, warranted)
Refinished tubs with new valves and faucets (2026)
Fresh exterior paint (2026)

With major systems already upgraded and a prime location just steps from the beach, 216 Palm Beach Dr is a rare find that truly checks all the boxes. Whether you're seeking a personal coastal escape or a high-performing rental investment, this property delivers both lifestyle and opportunity.

Essential Information
MLS® #999743
Price$575,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,191
Year Built1972
TypeResidential
Sub-TypeDetached Single Family
StyleFlorida Cottage
StatusActive
Community Information
Address216 Palm Beach Drive
Area27 - Bay County
SubdivisionINLET BEACH HEIGHTS
CityPanama City Beach
CountyBay
StateFL
Zip Code32413
Amenities
ParkingOther
Utilities

Electric, Public Water, Septic Tank

Interior
Interior FeaturesBreakfast Bar
HeatingCentral
CoolingCentral Air
# of Stories1
Appliances

Dishwasher, Microwave, Refrigerator, Electric Water Heater

Exterior
Exterior FeaturesColumns
Lot DescriptionWithin 1/2 Mile to Water
School Information
ElementaryWest Bay
MiddleSurfside
HighArnold
Additional Information
ZoningResid Single Family
Listing Details
OfficeColdwell Banker Realty
Property History
Price Reduced from $585,000 to $575,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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 14th, 2026 at 11:07pm CDT.