7405 Beach Dr Unit B Panama City, FL 32408
Lower Grand Lagoon AreaEstimated payment $2,624/month
Highlights
- Deck
- Covered Patio or Porch
- Living Room
- No HOA
- Balcony
- Central Air
About This Home
Opportunity meets location with this three bedroom coastal townhouse ideally positioned just steps from the shoreline in the heart of east Panama City Beach. Situated directly across from the public beach access at Rick Seltzer Park, this property offers the kind of convenience and rental appeal that today's buyers and investors are searching for.
Whether you're looking for a vacation getaway, income-producing short-term rental, or full-time residence, this versatile property delivers. The interior features a bright, open layout designed for relaxed coastal living, with updated finishes that create a welcoming, low-maintenance space for owners and guests alike. Step out onto the second-floor balcony and take in views of the Gulf--perfect for morning coffee or unwinding after a day at the beach.
What truly sets this property apart is the flexibility and long-term value. With no HOA, no flood insurance requirement, and no restrictions on short-term rentals, owners have the freedom to maximize income potential while keeping operating costs manageable.
Notable improvements--including a new roof (2019), updated siding, Trex decking, PVC railings, and a new AC system installed in April 2023--provide peace of mind and added durability for years to come.
Located just minutes from the area's top dining, shopping, and entertainment, this property combines lifestyle, convenience, and investment potential in one compelling package.
Whether you're building your portfolio or securing your own place at the beach, this property offers the location, flexibility, and upside that make coastal investments worthwhile.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,176
Year Built
- Built in 1986
Lot Details
- 2,657 Sq Ft Lot
- Lot Dimensions are 25 x 108
- Fenced
Home Design
- Shingle Roof
- Vinyl Siding
- HardiePlank Type
- Stucco
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Living Room
- Dining Room
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
Community Details
- No Home Owners Association
- Holiday Beach Unit 14 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $3,957 | $336,458 | $85,690 | $250,768 |
| 2024 | $2,522 | $318,721 | $82,222 | $236,499 |
| 2023 | $2,522 | $133,038 | $76,000 | $206,318 |
| 2022 | $2,129 | $120,944 | $0 | $0 |
| 2021 | $1,359 | $109,949 | $40,517 | $69,432 |
| 2020 | $1,259 | $100,190 | $30,257 | $69,933 |
| 2019 | $1,152 | $90,282 | $24,985 | $65,297 |
| 2018 | $1,180 | $91,099 | $0 | $0 |
| 2017 | $1,171 | $89,772 | $0 | $0 |
| 2016 | $1,196 | $90,085 | $0 | $0 |
| 2015 | $1,156 | $84,556 | $0 | $0 |
| 2014 | $1,167 | $85,469 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | Price Changed | $415,000 | -2.4% | $321 / Sq Ft |
| 03/30/2026 03/30/26 | For Sale | $425,000 | 0.0% | $328 / Sq Ft |
| 07/05/2022 07/05/22 | Off Market | $1,000 | -- | -- |
| 07/05/2022 07/05/22 | Off Market | $1,450 | -- | -- |
| 06/23/2020 06/23/20 | Rented | $1,450 | -3.3% | -- |
| 06/23/2020 06/23/20 | Under Contract | -- | -- | -- |
| 04/08/2020 04/08/20 | For Rent | $1,500 | +50.0% | -- |
| 06/27/2014 06/27/14 | Rented | $1,000 | 0.0% | -- |
| 05/23/2014 05/23/14 | Under Contract | -- | -- | -- |
| 05/01/2014 05/01/14 | For Rent | $1,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | None Listed On Document | |
| Quit Claim Deed | -- | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional | |
| Previous Owner | $51,000 | Purchase Money Mortgage |
Source: Central Panhandle Association of REALTORS®
MLS Number: 787601
APN: 30808-200-110
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.
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