120K PRICE REDUCTION! SEASON BOOKINGS FILLING UP! Gulf-View Investment Property with Multiple Rental Units & Prime Redevelopment Potential
Discover a rare investment opportunity on Front Beach Road. This expansive 50' x 235' lot offers breathtaking Gulf views, direct public beach access, and multiple income-producing rental units--ideal for investors, short-term rental operators, or anyone envisioning a future beachfront estate.
The property features a beautifully renovated beach cottage with 4 bedrooms and 3 baths, sleeping up to 18 guests--perfect as a high-performing vacation rental or comfortable primary residence. In addition, an updated duplex provides two separate 2-bed/2-bath units, each with covered parking, offering excellent rental flexibility and steady income.
Located on the highly desirable and less congested West End of Panama City Beach, this property sits near Kiska Beach, 30A, and Pier Park.
This offering includes both buildings, and the lot may be split and sold separately. Don't miss this exceptional opportunity to own a versatile Gulf-view investment with outstanding potential.ILLING UP!
For sale
Price cut: $120K (3/8)
$1,880,000
21924 Front Beach Rd, Panama City Beach, FL 32413
8beds
4,066sqft
Est.:
Single Family Residence
Built in 1965
0.29 Acres Lot
$1,754,000 Zestimate®
$462/sqft
$-- HOA
What's special
- 123 days |
- 784 |
- 30 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 10:59am
Listed by:
Opey W Russ 850-699-1996,
Gulf Life Real Estate Inc,
Shawn T Prouse 402-955-9058,
Berkshire Hathaway HomeServices Beach Properties of Florida
Source: CPAR,MLS#: 781805
Originating MLS: Central Panhandle Association of REALTORS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 7
- Full bathrooms: 7
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Sunroom
Primary bedroom
- Level: First
- Dimensions: 13.9 x 13
Bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 13 x 11
Primary bathroom
- Level: First
- Dimensions: 9.4 x 16.1
Dining room
- Level: First
- Dimensions: 16.6 x 13
Other
- Level: First
- Dimensions: 9 x 6
Other
- Level: First
- Dimensions: 7.7 x 6
Kitchen
- Level: First
- Dimensions: 10.7 x 13
Living room
- Level: First
- Dimensions: 19.6 x 13
Sunroom
- Level: First
- Dimensions: 22.6 x 11.3
Heating
- Central
Cooling
- Central Air, Multi Units
Appliances
- Included: Electric Range
Interior area
- Total structure area: 4,066
- Total interior livable area: 4,066 sqft
Property
Features
- Patio & porch: Covered, Patio
- Exterior features: Patio
- Has private pool: Yes
- Pool features: Gunite, Gas Heat, In Ground, Private
- Fencing: Full,Fenced,Privacy
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Size: 0.29 Acres
- Dimensions: 50 x 235
Details
- Parcel number: 36009000000
- Zoning description: City, Resid Multi-Family, Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stucco, Vinyl Siding
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available
Community & HOA
Community
- Features: Short Term Rental Allowed
- Subdivision: Kiska Beach 1st Add
HOA
- Has HOA: No
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $462/sqft
- Date on market: 12/29/2025
- Cumulative days on market: 353 days
- Electric utility on property: Yes
Estimated market value
$1,754,000
$1.67M - $1.84M
$5,060/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2026 | Price change | $1,880,000-6%$462/sqft |
Source: | ||
| 12/29/2025 | Listed for sale | $2,000,000$492/sqft |
Source: | ||
| 12/16/2025 | Pending sale | $2,000,000$492/sqft |
Source: | ||
| 11/18/2025 | Price change | $2,000,000-13%$492/sqft |
Source: | ||
| 3/29/2025 | Listed for sale | $2,300,000-2.1%$566/sqft |
Source: | ||
| 11/1/2024 | Listing removed | $2,350,000$578/sqft |
Source: | ||
| 6/27/2024 | Contingent | $2,350,000$578/sqft |
Source: | ||
| 6/10/2024 | Listed for sale | $2,350,000+81.5%$578/sqft |
Source: | ||
| 9/12/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/22/2023 | Listed for rent | $5,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/7/2021 | Sold | $1,295,000$318/sqft |
Source: | ||
| 5/19/2021 | Contingent | $1,295,000$318/sqft |
Source: | ||
| 5/19/2021 | Listed for sale | $1,295,000$318/sqft |
Source: | ||
| 4/21/2021 | Listing removed | -- |
Source: | ||
| 3/5/2021 | Listed for sale | $1,295,000+58.9%$318/sqft |
Source: | ||
| 4/29/2019 | Sold | $815,000-8.9%$200/sqft |
Source: | ||
| 3/20/2019 | Listed for sale | $895,000$220/sqft |
Source: Panama City Beach Properties, INC #664173 Report a problem | ||
| 1/7/2019 | Listing removed | $895,000$220/sqft |
Source: Beachy Beach Inc #664173 Report a problem | ||
| 10/2/2018 | Listed for sale | $895,000$220/sqft |
Source: Beachy Beach Inc #664173 Report a problem | ||
| 9/7/2018 | Pending sale | $895,000$220/sqft |
Source: Beachy Beach Inc #664173 Report a problem | ||
| 3/7/2018 | Price change | $895,000-10.1%$220/sqft |
Source: Beachy Beach Inc #664173 Report a problem | ||
| 10/16/2017 | Listed for sale | $995,000$245/sqft |
Source: Beachy Beach Inc #664173 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$11,223/mo
Principal & interest
$9233
Property taxes
$1990
More affordability tools
Climate risks
Neighborhood: 32413
Nearby schools
GreatSchools rating
- 6/10West Bay Elementary SchoolGrades: K-5Distance: 6.4 mi
- 7/10Surfside Middle SchoolGrades: 6-8Distance: 7.2 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 9.3 mi
Schools provided by the listing agent
- Elementary: West Bay
- Middle: Surfside
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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