116 Lakeside Cir Unit A & B Panama City Beach, FL 32413
Estimated payment $3,189/month
Highlights
- Newly Painted Property
- Furnished
- Tile Flooring
- J.R. Arnold High School Rated A-
- Living Room
- Central Air
About This Home
Remodeled Duplex--Walk to the Beach! Just a 12-minute stroll to the turquoise waters and sugar-white sand, this beautifully updated duplex offers the perfect combination of coastal living, location, and investment potential.
Each side of the property is nearly identical, featuring 2 spacious bedrooms and 1 full bath (totaling 4 bedrooms and 2 baths across the entire building). Both units have separate electric meters and their own laundry rooms with washers and dryers.
The kitchens and bathrooms have been upgraded with granite countertops, and Unit B includes new stainless-steel appliances and new wood laminate flooring throughout. Unit A features ceramic tile in the kitchen, bath, and living room. Both units have been freshly painted. Enjoy relaxing on the front porch, or unwind in the private fenced backyards for each unit.
This duplex is packed with updates, including a new roof installed in 2021, a new water softener with Flo by Moen leak detection and auto shutoff system and all new plumbing, drain lines, and faucets throughout. The property is connected to city and water and sewer, requires no HOA dues, and is located in Flood Zone X --where flood insurance is not required. Zoned multi-family with short-term rentals allowed, it also offers flexible parking, giving you the option to keep a boat, RV, or trailer on site.
Beyond the property, you'll love being close to all that Panama City Beach has to offer. Just a 5-minute drive away, you'll find the vibrant Pier Park shopping and dining district, exciting entertainment at Dolly Parton's Pirate Voyage Dinner & Show, and plenty of recreation at Frank Brown Park with it's sports field, aquatic center, walking trails, and community events.
Located on the desirable and quiet west end, just minutes from Inlet Beach and Watersound, this property is fully furnished and move-in ready. Live in one unit and rent the other, or use both as income-producing rentals--the possibilities are endless! Schedule a showing today! Buyer to verify all information in listing.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,868
Year Built
- Built in 1972
Lot Details
- 7,405 Sq Ft Lot
- Privacy Fence
- Sprinkler System
Parking
- 4 Car Garage
Home Design
- Duplex
- Newly Painted Property
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,664 Sq Ft Home
- 1-Story Property
- Furnished
- Living Room
- Dining Room
Kitchen
- Induction Cooktop
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Hutchinson Beach Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Electric Water Heater
Community Details
- Lakeside Villas Subdivision
Listing and Financial Details
- Assessor Parcel Number 32827-082-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,382 | $318,713 | $102,672 | $216,041 |
| 2023 | $3,382 | $274,519 | $94,522 | $179,997 |
| 2022 | $2,765 | $245,886 | $85,538 | $160,348 |
| 2021 | $2,026 | $168,147 | $80,982 | $87,165 |
| 2020 | $1,932 | $159,995 | $79,249 | $80,746 |
| 2019 | $1,826 | $150,747 | $69,239 | $81,508 |
| 2018 | $1,714 | $127,646 | $0 | $0 |
| 2017 | $1,382 | $116,042 | $0 | $0 |
| 2016 | $1,371 | $116,417 | $0 | $0 |
| 2015 | $1,418 | $116,856 | $0 | $0 |
| 2014 | $1,434 | $118,393 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $545,000 | +49.3% | $328 / Sq Ft | |
| 06/28/2023 06/28/23 | Sold | $365,000 | -7.6% | $219 / Sq Ft | View Prior Sale |
| 06/08/2023 06/08/23 | Pending | -- | -- | -- | |
| 06/03/2023 06/03/23 | Price Changed | $395,000 | -1.0% | $237 / Sq Ft | |
| 05/27/2023 05/27/23 | For Sale | $399,000 | 0.0% | $240 / Sq Ft | |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- | |
| 05/05/2023 05/05/23 | For Sale | $399,000 | 0.0% | $240 / Sq Ft | |
| 04/17/2023 04/17/23 | Pending | -- | -- | -- | |
| 03/26/2023 03/26/23 | Price Changed | $399,000 | -6.1% | $240 / Sq Ft | |
| 03/22/2023 03/22/23 | For Sale | $425,000 | 0.0% | $255 / Sq Ft | |
| 03/14/2023 03/14/23 | Pending | -- | -- | -- | |
| 03/08/2023 03/08/23 | For Sale | $425,000 | -- | $255 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $299,900 | South Oak Ttl Llc Santa Rosa | |
| Interfamily Deed Transfer | $31,100 | Lawyers Title Ins | |
| Quit Claim Deed | $33,400 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $82,000 | Diamond Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,925 | New Conventional | |
| Previous Owner | $110,000 | Unknown | |
| Previous Owner | $76,000 | No Value Available | |
| Previous Owner | $65,600 | No Value Available |
Source: Emerald Coast Association of REALTORS®
MLS Number: 984810
APN: 32827-082-000
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