Skip To Content

3923 Ocean View Drive

Panama City, FL 32408
  • $498,000
  • STATUS: Active
  • ON SITE: 205 Days
  • MLS #: 760055
Price Reduced
UPDATED: 136 min ago
$498,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,462
    SQFT
  • $202
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1975
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Welcome 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!

Monthly Payment Calculator



© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Abbott Martin Group | eXp Realty. Data last updated: 2025-02-08T00:04:01.223.
www.floridagulfcoastsales.com/homes/152688066
Print Image

3923 Ocean View Drive Panama City, FL 32408

  • Price: $498,000
  • Status: Active
  • On Site: 205 Days
  • Updated: 136 min ago
  • MLS #: 760055
3
Beds
2
Baths
0
½ Baths
0.16
Acres
2,462
SQFT
$202
$/SQFT
1975
Built
Neighborhood:
Silver Sands Unit 2
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
Welcome 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!
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Construction Materials Brick Wood Siding Exterior Features Balcony Foundation Details Slab Garage YN Yes Patio And Porch Features Balcony Road Frontage Type County Road Road Surface Type Paved Roof Composition Shingle

Interior Features

Appliances Electric Cooktop Electric Oven Electric Water Heater Microwave Refrigerator Cooling Central Air Electric Cooling YN Yes Entry Level 1 Furnished Unfurnished Heating Central Electric Heating YN Yes Interior Features High Ceilings Vaulted Ceiling(s) Parking Features Attached Driveway Garage Garage Door Opener Rooms Full Bath (First Level) Bedroom (Second Level) Bedroom (Second Level) Primary Bedroom (First Level) Full Bath (Second Level) Bedroom (First Level) Bedroom (First Level) Primary Bedroom (Second Level)

Property Features

Association YN No Community Features Short Term Rental Allowed Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional Lot Size Dimensions 50x139 Occupant Type Occupied Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Sewer Septic Tank Special Listing Conditions Listed As- Is Tax Annual Amount 3439 Tax Year 2023 Utilities Septic Available Waterfront YN No Zoning Description Other - See Remarks Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Seltzer Real Estate, LLC: (850) 235-0578. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Abbott Martin Group | eXp Realty. Data last updated: 2025-02-08T00:04:01.223.
 
https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_760055-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_760055-2.jpg https://bt-photos.global.ssl.fastly.net/panamacity/1280_boomver_1_760055-2.jpg
Logo
Abbott Martin Group | eXp Realty
1109 N. 9th Ave
Pensacola FL, 32501