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
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
NEARBY SCHOOL & BUSINESS
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