$2,700,000

13011 Oleander Drive, Panama City Beach, FL 32407

6 beds |
4 baths |
2,283 sqft

Single-Family Home
Built in 1940
7,405sqft lot
—— car garage
$1,183/sqft
Listed 9 days ago

Property Description

Incredible Gulf-front, 4BR/4BA + flex room beach home with proven rental income and a versatile multi-generational / split floorplan layout. This unique property offers the perfect setup for large families or investors, featuring a 2BR/2BA main house plus two private guest suites with full baths connected by breezeway, allowing privacy while keeping everyone together. Enjoy breathtaking Gulf views from the sunroom and main living areas, with a spacious entertainment layout that includes a fully updated kitchen, outdoor BBQ area, jacuzzi, and large back porch with direct beach access -- ideal for vacation living or short-term rental guests. Recent updates include roof, HVAC systems, and remodeled primary bath, making this property move-in ready. Situated on a private drive with a 35-ft deep seawall for added protection, offering both security and peace of mind on the Gulf. Property has over 10 years of strong VRBO rental history, making it an excellent opportunity for investors seeking income-producing beachfront property or buyers looking for a turnkey second home. Rare combination of privacy, income potential, flexible layout, and true Gulf-front living.

Listing Status:: Active
Date Added:: March 23, 2026
Data Last Updated:: April 2, 2026 at 4:16AM
Listing Office:: LUXE Properties : 305-438-7764
MLS ID:: 787261

Appliances: Electric CooktopElectric OvenElectric Water HeaterIce Maker
Flooring: Luxury Vinyl Plank
A/C: Central AirCeiling Fan(s)ENERGY STAR Qualified EquipmentHeat PumpMulti Units
Heating: CentralElectricENERGY STAR Qualified EquipmentHeat Pump

General: DeckPatio
Style: Coastal
Other Structures: DeckPatio
Parking: GatedNo Garage

Roofing: Shingle
Windows: Storm Window(s)
General: HardiPlank TypeStuccoWood Frame

Road/Access: City Street
Originating MLS: CPAR_CPAR
County: Bay

Zoning: BAHAMA BEACH LOT 2 BLK 5 ORB 3814 P 75634323-000-000
View: GulfView
Fencing: FullFenced

Utilities: Cable ConnectedElectricity Available
Sewer: Public Sewer

Source: CPAR_CPAR

This listing courtesy of LUXE Properties

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hutchison Beach Elementary School

12900 Hutchison Blvd, Panama City Beach, FL, 32407

Grades KG-5

0.33 miles away

Surfside Middle School

300 Nautilus St, Panama City Beach, FL, 32413

Grades 6-8

1.13 miles away

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

1.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.