Property Attributes
- MLS#793916
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodEl Centro Beach
- Zip32413
- Style
- Year Built1967
- Taxes$ 7276
- Price$ 995,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3354
- Lot Size0.22 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
This massive single-family estate, currently operating as the high-performing ''Mighty Paradise'' (with $170K+ in rental history) offers an incredible investment opportunity just two blocks from the beach and one mile from Pier Park. Designed for maximum occupancy and versatility, the property features a sprawling layout that sleeps up to 24 guests, making it a favorite for large groups and reunions. Renovations include a fully remodeled kitchen, fresh interior paint, and a resurfaced 16x32 heated saltwater pool, ensuring a turnkey experience for the next owner. Beyond the main living areas, the property distinguishes itself with a dedicated game room equipped with billiards, foosball, and air hockey, plus a private hot tub for ultimate relaxation. Uniquely designed with separate guest quarters that include a second full kitchen and private patio, this estate offers rare flexibility for multi-generational families or groups seeking privacy. With no HOA and a proven history of rental success, this is a standout asset in the PCB market.
| Elementary School | Middle School | High School |
|---|---|---|
| Hutchison Beach Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 8/12/2026 | Listed $995,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | El Centro Beach |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Buyer Financing | Other |
| Directions | Heading south on Arnold Rd, turn left on Innocente, the property will be on your left. |
| High School | Arnold |
| City | Panama City Beach |
| Zoning Description | Resid Single Family |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 9583 |
| Elementary School | Hutchison Beach |
| Tax Annual Amount | 7276.63 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0320 - Beach - Middle Central |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Tenant |
| Year Built | 1967 |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Cooktop,Electric Oven,Electric Range |
| Construction Materials | Block,Stucco |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 6 |
| Full Baths | 4 |
| Virtual Tour | https://www.zillow.com/view-imx/cd78760a-0416-4a3a-89db-9171cc7db866?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Architectural Style | Other |
| Pool Features | Fenced,In Ground,Private |
| Security Features | Smoke Detector(s) |
| New Construction | false |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Tub Shower |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 6 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
Exterior Features
| Lot Features | Sprinkler System |
|---|---|
| Lot Size Area | 0.22 |
| Lot Dimensions | 80.0 ft x 120.0 ft |
| Lot Size Acres | 0.22 |
| Road Frontage Type | City Street |
| Building Area Total | 3354 |
| Waterfront Y/N | false |
| Road Responsibility | Public Maintained Road |
| Fencing | Fenced |
| Private Pool | true |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
In The Neighborhood
Panama City Beach
$ 585,000
- Type
- Single Family
- Size
- 1,484 SqFt
- Rooms
- 4 Beds + 2 Baths
Panama City
$ 478,000
- Type
- Single Family
- Size
- 1,400 SqFt
- Rooms
- 4 Beds + 3 Baths
Panama City Beach
$ 550,000
- Type
- Single Family
- Size
- 1,776 SqFt
- Rooms
- 3 Beds + 3 Baths
Panama City Beach
$ 1,144,900
- Type
- Single Family
- Size
- 2,541 SqFt
- Rooms
- 4 Beds + 2 Baths
Panama City Beach
$ 569,000
- Type
- Single Family
- Size
- 1,817 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Panama City Beach
$ 559,000
- Type
- Single Family
- Size
- 1,817 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Panama City
$ 799,000
- Type
- Single Family
- Size
- 1,488 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 399,000
- Type
- Single Family
- Size
- 1,080 SqFt
- Rooms
- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The 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.