203 George C Wallace BLVD, Panama City Beach, FL 32413
203 George C Wallace BLVD, Panama City Beach, FL 32413
203 George C Wallace BLVD, Panama City Beach, FL 32413
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$1,450,000
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5 Beds
4 Baths
2,904 SqFt
New

203 George C Wallace BLVD Panama City Beach, FL 32413

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,904 sqft

Price per Sqft $499

Subdivision Laguna Beach 8Th Add

MLS Listing ID 796347

Style Coastal

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 2024

Annual Tax Amount $7,304

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Single Family Residence

Property Description

With the lake stretching beyond the backyard and glimpses of the gulf from both levels, this custom-built 2024 home creates a coastal setting that feels connected to the water from nearly every angle. Designed with equal attention to entertaining, everyday comfort and investment potential, the five-bedroom, four-bath residence pairs generous indoor living spaces with a private heated pool, outdoor summer kitchen and public beach access just 1,100 feet away.

Inside, the open main living area brings the kitchen, dining and gathering spaces together with an easy flow to the outdoor areas. The designer kitchen features custom cabinetry, stainless steel appliances, and a dedicated wine bar, creating a polished centerpiece for entertaining. Custom tile work and carefully selected finishes continue throughout the home, while a seven-zone Sonos audio system extends from the interiors to the pool and outdoor living spaces. The first floor offers valuable flexibility for guests with a bedroom, full bath, and a custom bunk room well suited for larger groups.

Upstairs, the primary suite opens directly to a spacious balcony overlooking the lake with views toward the gulf. A second king bedroom also enjoys balcony access and water views, while additional guest accommodations provide privacy with ensuite or conveniently located baths. A spacious second living area, complete with a queen sleeper and 75-in. television, gives owners and guests another place to gather or unwind.

Outside, the heated in-ground pool anchors a private retreat designed for use well beyond the summer months. The summer kitchen makes outdoor dining and entertaining effortless, while built-in Sonos speakers and an outdoor television carry the home's entertainment features poolside. The lakefront setting adds an open-water backdrop, yet the gulf is still close at hand with public beach access less than a quarter mile away. The surrounding area is also golf-cart friendly, adding another convenient way to reach the beach and nearby destinations.

Offered fully furnished, the home is positioned for immediate enjoyment as a primary residence, second home or vacation rental. Current rental projections are approximately $110,000, adding an income component to an already compelling coastal property. An estimated first-year bonus depreciation of approximately $296,380 may provide an additional consideration for qualifying investment buyers, subject to individual tax circumstances and professional tax guidance.

With lake frontage, gulf views, a private pool and extensive indoor-outdoor entertainment features, this furnished home offers a distinctly versatile approach to coastal ownership.

Location

State FL

County Bay

Community Barbecue, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Balcony, Double Vanity, Interior Steps, Upper Level Primary, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Plank, Vinyl

Fireplace No

Appliance Electric Range, Electric Water Heater, Wine Cooler

Exterior

Exterior Feature Barbecue, Covered Patio, Outdoor Shower

Fence Fenced

Pool Gas Heat, In Ground, Salt Water, Private

Community Features Barbecue, Short Term Rental Allowed

Waterfront Description Lake,Lake Front

View Y/N Yes

Water Access Desc Lake,Lake Front

View Gulf, Lake, Water

Roof Type Metal

Porch Deck, Balcony, Covered, Patio

Private Pool Yes

Building

Story 2

Entry Level Two

Foundation Slab

Sewer Public Sewer

Architectural Style Coastal

Level or Stories Two

New Construction No

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 38173-010-000

Special Listing Condition Listed As-Is


Listed by Scenic Sotheby's International Realty

NEARBY SCHOOL & BUSINESS

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Randall Fisher

Randall Fisher

Broker BDBK644509

+1(850) 249-2050

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203 George C Wallace BLVD