167 Downing St Panama City Beach, FL 32413
Estimated payment $20,708/month
Total Views
523
4
Beds
4.5
Baths
3,580
Sq Ft
$1,032
Price per Sq Ft
Highlights
- 0.34 Acre Lot
- Craftsman Architecture
- Attic
- J.R. Arnold High School Rated A-
- Cathedral Ceiling
- No HOA
About This Home
Luxury Coastal Retreat Home for Sale in Panama City Beach, FL.Experience the ultimate beach lifestyle in this stunning custom-built home on Panama City Beach's quiet and desirable West End. Completed in 2021 by acclaimed builder Rick Koehnemann of Koehnemann Construction, this 4-bedroom, 4 1/2 bathroom home combines timeless craftsmanship with modern amenities, offering both luxury living and exceptional rental potential. This home was designed for Comfort, Relaxation & Entertaining!Just a few houses from the beach on an oversized lot, the property provides abundant outdoor space with room to design your own swimming pool. A fully fenced backyard with privacy fencing and beautiful, mature landscaping creates a sense of comfort and seclusion. A back gate leads to a short walk over the dunes to the undeveloped natural beach--where sand, sea oats, and the beautiful Emerald waters of the Gulf, makes it feel like your own private stretch of coastline.This home offers an Open-concept main level with sliding glass doors that flow onto a covered screened patio for seamless indoor/outdoor living.The Primary suite is on the main level, plus an additional bedroom provides flexibility and convenience.The indoor elevator adds access to all levels.Second floor features its own living space with a family room, open office area, two guest bedrooms, and a bunk room--perfect for large gatherings, multi-family vacations, or rental flexibility. Bedrooms and the family room access the expansive covered balcony with seasonal Gulf views and refreshing sea breezes.The upstairs bunk room with twin beds gives more flexibility for guests which is perfect for hosting large families or groups.Premium Features & Upgrades are,Double crown molding throughout main living areas and the Primary bedroom, Single crown molding in guest bedrooms, 9 Inch baseboards throughout, 8 ft tall solid wood doors throughout the home, and 4 Inch Plantation Shutters throughout.Soaring 12-foot ceilings on the lower level and 10-foot ceilings upstairs. Surround sound system in Living room. Garage Attic space completely covered in 1'' plywood for added storage. Tankless hot water heater for efficiency and convenience. Trex deck with railing for ease in maintenanceThe house is wired for a whole-house generator and a future swimming pool installation. Tons of Storage!Gulf Vista is a non-HOA Neighborhood with underground utilities, preserving both reliability and beauty.The Outdoor shower is ideal for rinsing off after beach days. This home is a short drive to 30A, Rosemary Beach, premier restaurants and shopping. Pier Park is a destination with a variety of restaurants, shopping, an IMAX theater, and exciting new attractions including Dolly Parton's Pirates Voyage Dinner Show and Topgolf. This thoughtfully designed Luxury Custom built home offers the best of both worlds: a serene coastal retreat for your family and a high-demand short-term rental opportunity in one of Florida's most coveted beach destinations, Panama City Beach, FL .
Listing Agent
Berkshire Hathaway HomeServices Beach Properties of Florida License #293314983 Listed on: 08/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,900
Year Built
- Built in 2021
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 117x98x136x46x46x17x28
- Property fronts a county road
- Fenced
- Landscaped
- Sprinkler System
Parking
- 2 Car Attached Garage
- Driveway
Home Design
- Craftsman Architecture
- Slab Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 3,580 Sq Ft Home
- 2-Story Property
- Bookcases
- Crown Molding
- Cathedral Ceiling
- Recessed Lighting
- Plantation Shutters
- Family Room
- Living Room
- Dining Room
- Home Office
- Screened Porch
- Pull Down Stairs to Attic
Kitchen
- Breakfast Bar
- Double Oven
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
Laundry
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Accessible Full Bathroom
- Visitor Bathroom
Outdoor Features
- Balcony
- Screened Patio
Schools
- West Bay Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Gulf Vista Sec 2 Subdivision
Map
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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 | $6,804 | $597,415 | -- | -- |
| 2023 | $6,804 | $580,015 | $0 | $0 |
| 2022 | $6,113 | $563,121 | $168,750 | $394,371 |
| 2021 | $1,497 | $100,937 | $0 | $0 |
| 2020 | $1,300 | $122,500 | $122,500 | $0 |
| 2019 | $1,154 | $104,606 | $104,606 | $0 |
| 2018 | $949 | $75,835 | $0 | $0 |
| 2017 | $960 | $76,209 | $0 | $0 |
| 2016 | $1,078 | $84,000 | $0 | $0 |
| 2015 | $1,203 | $91,156 | $0 | $0 |
| 2014 | $1,250 | $94,857 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $3,695,000 | +3321.3% | $1,032 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $108,000 | -- | -- |
| 06/28/2013 06/28/13 | Sold | $108,000 | -9.2% | -- |
| 06/03/2013 06/03/13 | Pending | -- | -- | -- |
| 05/01/2013 05/01/13 | For Sale | $119,000 | -- | -- |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $108,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $390,000 | Construction |
Source: Public Records
Similar Homes in Panama City Beach, FL
Source: Central Panhandle Association of REALTORS®
MLS Number: 777709
APN: 35370-512-000
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