3923 Ocean View Dr Panama City, FL 32408
3
Beds
2
Baths
2,462
Sq Ft
6,926
Sq Ft Lot
Highlights
- Contemporary Architecture
- Vaulted Ceiling
- Balcony
- J.R. Arnold High School Rated A-
- No HOA
- 1 Car Attached Garage
About This Home
As of August 2025Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,439
Year Built
- Built in 1975
Lot Details
- 6,926 Sq Ft Lot
- Lot Dimensions are 50x139
- Property fronts a county road
- Zoning described as Other - See Remarks,Resid Single Family
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2,462 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Silver Sands Unit 2 Subdivision
Similar Homes in Panama City, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Sold | $375,000 | -11.8% | $152 / Sq Ft |
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $425,000 | -10.5% | $173 / Sq Ft |
| 04/30/2025 04/30/25 | Price Changed | $475,000 | -4.6% | $193 / Sq Ft |
| 02/05/2025 02/05/25 | Price Changed | $498,000 | -2.3% | $202 / Sq Ft |
| 11/15/2024 11/15/24 | Price Changed | $509,900 | -2.9% | $207 / Sq Ft |
| 08/08/2024 08/08/24 | Price Changed | $524,900 | -4.5% | $213 / Sq Ft |
| 07/17/2024 07/17/24 | For Sale | $549,900 | -- | $223 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $3,439 | $276,364 | -- | -- |
| 2023 | $3,439 | $251,240 | $137,350 | $160,897 |
| 2022 | $2,682 | $228,400 | $82,400 | $146,000 |
| 2021 | $2,632 | $216,133 | $76,014 | $140,119 |
| 2020 | $2,431 | $196,583 | $67,104 | $129,479 |
| 2019 | $2,318 | $184,888 | $54,487 | $130,401 |
| 2018 | $2,231 | $175,046 | $0 | $0 |
| 2017 | $2,051 | $159,539 | $0 | $0 |
| 2016 | $2,090 | $159,688 | $0 | $0 |
| 2015 | $2,151 | $159,940 | $0 | $0 |
| 2014 | $2,159 | $160,759 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Zack Seltzer
Seltzer Real Estate, LLC
(850) 787-2035
17 in this area
159 Total Sales
-
Buyer's Agent in 2025
Brenton Hitchcock
Hitchcock Real Estate LLC
(850) 481-0095
12 in this area
102 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 760055
APN: 30196-710-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Nearby Homes
- 3908 Ocean View Dr
- 3919 Ocean View B Dr
- 3922 Ocean View Dr
- 7612 Sunset Ave
- 7930 S Lagoon Dr
- 7900 S Lagoon Dr
- 7911 Beach Dr
- 7820 Beach Dr
- 7910 S Lagoon Dr
- 4109 Choctaw St
- 4118 Utes St
- 4120 Utes St
- 7428 Thomas Dr
- 7420 Sunset Ave Unit A&B
- 7505 Thomas Dr Unit 113E
- 7420 Thomas Dr
- 8001 Surf Dr Unit B5
- 8001 Surf Dr Unit A4
- 7835 Surf Dr
- 7404 Sunset Ave