Live the Gulf Life on Florida’s Emerald Coast

Duplex

209 Oleander Drive

Panama City Beach, FL 32413

MLS#: 1014881

$1,199,000

Status: Active
Listing number: 1014881
Listing provided by: Keller Williams Realty SRB
Listing agent phone: None
Last update: 4 days ago
On site: 5 days ago
Browse Properties
LAGUNA BEACH ESTATES 7TH ADDN - Residential

Property

Beds

4

Full Baths

3

1/2 Baths

1

Year Built

1964

Sq.Footage

2,798

COASTAL LIVING MEETS INCOME POTENTIAL IN LAGUNA BEACH! With projected annual rental income of $85,000 from the existing residences, 209 Oleander Drive offers an exceptional opportunity to enjoy the beach while putting your investment to work. The owner currently occupies the main home, leaving substantial income potential to unlock by renting both residences. Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment. Remodeled in 2017, the main residence features bright, inviting living spaces, an open, functional flow, and a private outdoor area perfect for unwinding after the beach or entertaining guests. The separate carriage house/ADU, built in 2023, adds immediate rental appeal and includes a two-car garage with its own entrance. Depending on your vision and needs, the carriage house garage could readily lend itself to finishing as another unit. This added opportunity could potentially bring total annual rental income up as well! A separate 30x30 insulated workshop with plumbing already in place provides exceptional space for hobbies, vehicles, beach gear, or recreational storage. Both residences include full appliance packages, tankless water heaters, walk-in showers, and smoke detectors. City water and sewer, one shared water/sewer bill, and two separate electric meters add everyday convenience. Whether you envision a full-time coastal home with rental income, a beach getaway that helps support itself, or a dedicated investment property, 209 Oleander Drive delivers a compelling combination of location, versatility, and income potential--with room to grow. Schedule your private showing and discover the possibilities.

Features & Amenities

Interior

  • Other Interior Features

    Crown Molding, Pantry

  • Total Bedrooms

    4

  • Bathrooms

    3

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Heat Pump, Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Block

  • Other Exterior Features

    Balcony, Private Yard, Outdoor Shower

  • Parking

    Oversized, Detached, Garage, Attached

  • Patio and Porch Features

    Patio, Covered, Enclosed

  • Pool

    No

Area & Lot

  • Lot Features

    Interior Lot

  • Property Type

    Residential

  • Property Sub Type

    Duplex

  • Architectural Style

    Duplex

Price

  • Sales Price

    $1,199,000

  • Tax Amount

    $4,972.47

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    2,798

  • Price/SqFt

    $428

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Mike Herring, Keller Williams Realty SRB

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Steve Roque

REALTOR®

Steve Roque

Call Steve today to schedule a private showing.

(858) 451-6541

stphil145@gmail.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
COASTAL LIVING MEETS INCOME POTENTIAL IN LAGUNA BEACH! With projected annual rental income of $85,000 from the existing residences, 209 Oleander Drive offers an exceptional opportunity to enjoy the beach while putting your investment to work. The owner currently occupies the main home, leaving substantial income potential to unlock by renting both residences. Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment. Remodeled in 2017, the main residence features bright, inviting living spaces, an open, functional flow, and a private outdoor area perfect for unwinding after the beach or entertaining guests. The separate carriage house/ADU, built in 2023, adds immediate rental appeal and includes a two-car garage with its own entrance. Depending on your vision and needs, the carriage house garage could readily lend itself to finishing as another unit. This added opportunity could potentially bring total annual rental income up as well! A separate 30x30 insulated workshop with plumbing already in place provides exceptional space for hobbies, vehicles, beach gear, or recreational storage. Both residences include full appliance packages, tankless water heaters, walk-in showers, and smoke detectors. City water and sewer, one shared water/sewer bill, and two separate electric meters add everyday convenience. Whether you envision a full-time coastal home with rental income, a beach getaway that helps support itself, or a dedicated investment property, 209 Oleander Drive delivers a compelling combination of location, versatility, and income potential--with room to grow. Schedule your private showing and discover the possibilities.

209 Oleander Drive

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

New on site today
STEPS TO A PUBLIC BEACH & 3.5 miles from SCENIC HIGHWAY 30A, this fully furnished, turnkey four-bedroom, three and a 1/2-bath home is a rare find -- featuring two master suites (one upstairs, one downstairs) for flexible living. Enjoy your own PRIVATE POOL, a garage with room for a golf cart, and NO HOA -- freedom and convenience in one package. With an outstanding rental history and established snowbird/vacation renters in place, this property generates income from day one, making it perfect for investors or anyone seeking full-time beach living without delay. Bright, comfortable, and ideally positioned for beach days, dining, and the 30A lifestyle!
#797617

Panama City Beach

219 Palm Beach Drive

4 Beds

3 Baths

2,129 Sq.Ft.

$1,299,000

MLS#: 797617

New on site 1 day ago
LUXURY BEACHFRONT LIVING, WITH A RENOVATION THAT RAISES THE BAR AT EDGEWATER! Finding a three-bedroom beachfront condo is one thing. Finding one with this level of renovation, design, and views is another. This extensively renovated 3-bedroom, 3-bathroom condo brings together upscale finishes and an exceptional beachfront setting. The wraparound balcony extends around the unit, capturing panoramic views of the Gulf, with direct balcony access from both primary bedrooms. Inside, the Venetian plaster feature wall creates a striking focal point in the living room, while the entry makes its own impression with designer wallpaper, rich cherry wood accents, and decorative molding. The kitchen features stunning Calacatta Verde quartz countertops with distinctive green veining, a new backsplash, updated detailing, and new appliances. All three bedrooms have individually designed accent walls, each coordinated with its own completely renovated bathroom featuring quartz countertops and beautifully finished walk-in showers. Brand-new LVP flooring and fresh interior paint complete the transformation. Beyond the exceptional interior, Edgewater offers direct beach access and resort amenities including multiple pools, golf, tennis, pickleball, fitness facilities, and on-site dining. Whether you're looking for a luxury beachfront getaway, second home, or vacation rental investment, this Tower II condo offers a combination of design, views, and resort living that is hard to match.
#797588

Panama City Beach

11619 Front Beach Road 201

3 Beds

3 Baths

1,847 Sq.Ft.

$1,000,000

MLS#: 797588

New on site 2 days ago
1.1 Acres Incredible Forever Views. Modern home with outstanding finishes and Wolff Appliances (stove and fridge) If space, nature and great forever bay views are your thing welcome to your home paradise. What is the point living in the most beautiful community in the state if you are not going to enjoy breathtaking views all the time to help you forget about the mortgage payment. This home is arbitrarily the BEST built home in River Camps, meticulously crafted construction sits on a 1.1-acre lot with stunning views of West Bay. Furniture, golf cart and day swing on the grand back porch for additional 25k just pack a suitcase and move in. Furniture, golf cart and grand porch swing RiverCamps has a boat launch with direct water access to Crooked Creek, West Bay, and the Gulf of Mexico-offering unmatched access to some of the area's most scenic waterways. Boat to Uncle Ernie's Restaurant and Shell Island in 15-30 minutes! if you have a speedboat Enjoy kayaking, paddleboarding, fishing, or simply enjoy water views from your living room. This gated, luxury community also has a wildlife sanctuary that sprawls 1,500 acres. Residents can enjoy miles of trails that wind through the community, bird watching, camping, and pickle ball. A brand new community pool is finished.
#1002578

Panama City Beach

7507 Loons Call Lane

3 Beds

3 Baths

2,502 Sq.Ft.

$1,089,000

MLS#: 1002578

This modern 4 bedroom, 3.5 bathroom home offer just over 2,000 square feet of stylish living space. Located just a 5 minute walk from the beach, this property features a private heated pool, turf backyard and a grill area perfect for outdoor entertaining. Built in 2024, this newer build is a turn-key vacation rental.
#783801

Panama City Beach

228 George C Wallace Boulevard

4 Beds

3 Baths

2,013 Sq.Ft.

$1,325,000

MLS#: 783801

Welcome to 116 Crane Street, a custom Gulf-view home located just two blocks from the emerald waters and private beach access of Panama City Beach, Florida. Set on a 0.23-acre lot, this spacious 4-bedroom residence offers 3,053 square feet of thoughtfully designed living space. The upper level features two generously sized bedrooms, each with its own en suite bath, along with an open-concept kitchen and living area that showcases large skylights and beautiful Gulf views. The lower level offers two additional bedrooms with en suite baths, a large second living area, and a kitchenette, creating excellent flexibility for guests, extended family, or multigenerational living. With the ability to lock off each floor separately, the home also presents strong potential for a mother-in-law suite or income-producing setup. Additional highlights include an 18x19 garage with an oversized door ideal for boat or camper storage. Outdoors, the property transforms into a tropical retreat with a heated pool, oversized pool deck, patio, and tiki bar, perfect for entertaining and relaxing. A permitted 16x20 insulated building adds even more versatility and may be used for storage, a workshop, or future conversion potential. There is also ample parking for cars, boats, trailers, and campers. ABOUT THE AREA: Bid-A-Wee Beach is a distinctive residential community in Panama City Beach, Florida, known for its private beach access and laid-back atmosphere. It offers residents and guests a quieter, more secluded coastal experience than many public beach areas nearby. The neighborhood features a mix of charming beach cottages, vacation homes, and upscale beachfront properties, giving it a relaxed yet appealing coastal feel. Its family-friendly setting makes it attractive for people looking for a peaceful beach retreat. Beyond the shoreline, Bid-A-Wee Beach is also conveniently close to Panama City Beach's restaurants, shopping, attractions, and outdoor activities. Visitors can enjoy nearby state parks, fishing, water sports, golf, or simply unwind along the Gulf's white sand beaches. Overall, Bid-A-Wee Beach combines natural beauty, privacy, and convenience, making it a desirable spot for anyone wanting a more exclusive Panama City Beach experience. Private showings available by appointment only.
#794738

Panama City Beach

116 Crane Street

4 Beds

4 Baths

3,053 Sq.Ft.

$1,395,000

MLS#: 794738

New on site 4 days ago
This modern 4-bedroom, 3.5-bathroom home offers just over 2,000 square feet of stylish living space. Located just a 5-minute walk from the beach, this property features a private heated pool, turf backyard and a grill area perfect for outdoor entertaining. Built in 2024, this newer build is a turn-key vacation rental.
#992646

Panama City Beach

228 George C Wallace Boulevard

4 Beds

3 Baths

2,013 Sq.Ft.

$1,325,000

MLS#: 992646

COASTAL LIVING MEETS INCOME POTENTIAL IN LAGUNA BEACH! With projected annual rental income of $85,000 from the existing residences, 209 Oleander Drive offers an exceptional opportunity to enjoy the beach while putting your investment to work. The owner currently occupies the main home, leaving substantial income potential to unlock by renting both residences. Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment. Remodeled in 2017, the main residence features bright, inviting living spaces, an open, functional flow, and a private outdoor area perfect for unwinding after the beach or entertaining guests. The separate carriage house/ADU, built in 2023, adds immediate rental appeal and includes a two-car garage with its own entrance. Depending on your vision and needs, the carriage house garage could readily lend itself to finishing as another unit. This added opportunity could potentially bring total annual rental income up as well! A separate 30x30 insulated workshop with plumbing already in place provides exceptional space for hobbies, vehicles, beach gear, or recreational storage. Both residences include full appliance packages, tankless water heaters, walk-in showers, and smoke detectors. City water and sewer, one shared water/sewer bill, and two separate electric meters add everyday convenience. Whether you envision a full-time coastal home with rental income, a beach getaway that helps support itself, or a dedicated investment property, 209 Oleander Drive delivers a compelling combination of location, versatility, and income potential--with room to grow. Schedule your private showing and discover the possibilities.
#1014874

Panama City Beach

209 Oleander Drive

4 Beds

3 Baths

2,798 Sq.Ft.

$1,119,000

MLS#: 1014874

Mediterranean charm meets luxury coastal living in the beautiful gated community of Tierra Verde! Situated on an expansive double lot, this stunning custom-built 3-bedroom, 3-bathroom home offers a heated pool, detached studio guest house, and an incredible combination of indoor and outdoor living spaces. **The home is also offered fully furnished with an accepted offer, making it even easier to start enjoying the Florida lifestyle!** From the moment you arrive, you'll appreciate the home's distinctive Mediterranean architecture, beautiful curb appeal, and attention to detail. Inside, an open and inviting floor plan showcases quality craftsmanship throughout, including elegant tray and coffered ceilings, recessed lighting, crown molding, plantation shutters, and beautiful architectural accents that give this home its own unique character. At the heart of the home is a gorgeous chef's kitchen designed for those who love to cook and entertain! Custom cabinetry, a spacious island, six-burner gas cooktop, statement wood range hood, stainless steel appliances, built-in oven and microwave, and travertine tile backsplash are just a few of the standout features. The oversized island also offers an ice maker, warming station, dishwasher, and farmhouse-style sink. A separate wet bar with a wine cooler makes hosting family and friends even more enjoyable! The spacious living room features a beautiful stone-accented fireplace. Too many details to list, call today for a private showing!
#1014840

Panama City Beach

101 Tierra Verde Trail

4 Beds

4 Baths

3,416 Sq.Ft.

$975,000

MLS#: 1014840

COASTAL LIVING MEETS INCOME POTENTIAL IN LAGUNA BEACH! With projected annual rental income of $85,000 from the existing residences, 209 Oleander Drive offers an exceptional opportunity to enjoy the beach while putting your investment to work. The owner currently occupies the main home, leaving substantial income potential to unlock by renting both residences. Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment. Remodeled in 2017, the main residence features bright, inviting living spaces, an open, functional flow, and a private outdoor area perfect for unwinding after the beach or entertaining guests. The separate carriage house/ADU, built in 2023, adds immediate rental appeal and includes a two-car garage with its own entrance. Depending on your vision and needs, the carriage house garage could readily lend itself to finishing as another unit. This added opportunity could potentially bring total annual rental income up as well! A separate 30x30 insulated workshop with plumbing already in place provides exceptional space for hobbies, vehicles, beach gear, or recreational storage. Both residences include full appliance packages, tankless water heaters, walk-in showers, and smoke detectors. City water and sewer, one shared water/sewer bill, and two separate electric meters add everyday convenience. Whether you envision a full-time coastal home with rental income, a beach getaway that helps support itself, or a dedicated investment property, 209 Oleander Drive delivers a compelling combination of location, versatility, and income potential--with room to grow. Schedule your private showing and discover the possibilities.
#797404

Panama City Beach

209 Oleander Drive

4 Beds

3 Baths

2,798 Sq.Ft.

$1,199,000

MLS#: 797404

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Gulf Life Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service