119 Southfields Road 119 &Amp 121 Panama City Beach, FL 32413
Listing Courtesy of: CENTRAL PANHANDLE / Corcoran Reverie / Paul Gibney

  119 Southfields Road 119 &Amp 121 Panama City Beach, FL 32413

Active (1 Days)
$1,500,000 (USD)
7
BED
7
BATH
3,864
SQFT

Description

Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space.

The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request.

Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach.

No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences.

Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.

MLS #:
787608
Taxes
$9,970(2025)
Lot Size
3,877 SQFT
Type
Single-Family Home
Year Built
2004
Style
Coastal
Views
Gulf
County
Bay County
Community
No Named Subdivision

Listed By

Paul Gibney, Corcoran Reverie
Source
CENTRAL PANHANDLE
Last checked Mar 31 2026 at 10:01 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
  • Half Bathroom: 1
Interior Features
  • Electric Range
  • Electric Water Heater
  • Tankless Water Heater
  • Instant Hot Water
Subdivision
  • No Named Subdivision
Lot Information
  • Paved
Heating and Cooling
  • Electric
  • Central
  • Ceiling Fan(s)
  • Central Air
Pool Information
  • Private
  • In Ground
Flooring
  • Luxury Vinyl Plank
Utility Information
  • Utilities: Underground Utilities, Cable Connected
  • Sewer: Public Sewer
School Information
  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold
Parking
  • Additional Parking
Location
   
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Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 3/31/26 15:01