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124 Coral Drive

Panama City Beach, FL 32413
  • $239,000
  • STATUS: Active Under Contract
  • ON SITE: 4 Days
  • MLS #: 788017
Under Contract
$239,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,191
    SQFT
  • $201
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1980
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

*UNDER CONTRACT - SELLER ACCEPTING BACKUP OFFERS* Investor Special in Prime Panama City Beach Location - Endless Potential! Welcome to 124 Coral Drive in Panama City Beach, a rare opportunity to transform a property with incredible potential in one of the most desirable areas of the Gulf Coast. Whether you're an investor, renovator, or buyer looking to create your dream beach retreat, this property offers the perfect canvas in an unbeatable location. Situated just minutes from the white sugar-sand beaches of the Gulf of Mexico, this home is also conveniently located near Pier Park, Panama City Beach's premier destination for shopping, dining, and entertainment, including the exciting Pirates Voyage Dinner & Show, Topgolf, restaurants, boutiques, and year-round attractions. This 3-bedroom, 2-bath home with a 1-car garage offers a spacious layout ready for your vision and updates. The property features a screened porch perfect for enjoying coastal breezes, a fully fenced backyard, and a large 12 x 24 storage building/workshop that provides excellent additional storage or workspace. The home needs significant updating and renovation, including new flooring and kitchen and bathroom updates, and is priced accordingly--making it an outstanding opportunity for those looking to add value, renovate, and maximize investment potential. With its prime Panama City Beach location, proximity to the beach, Pier Park, and major attractions, this property could be transformed into a fantastic primary residence, vacation home, or income-producing investment property. Opportunities like this in Panama City Beach don't last long--bring your vision and unlock the potential of this coastal investment!

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Success Realty. Data last updated: 2026-04-12T00:04:01.067.
www.gulfcoast-sales.com/homes/174913915
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124 Coral Drive Panama City Beach, FL 32413

  • Price: $239,000
  • Status: Active Under Contract
  • On Site: 4 Days
  • MLS #: 788017
3
Beds
2
Baths
0
½ Baths
0.22
Acres
1,191
SQFT
$201
$/SQFT
1980
Built
Neighborhood:
No Named Subdivision
County:
Bay
Area:
Bay County-Beach
Elementary School:
West Bay
Middle School:
Surfside
High School:
Arnold
Property Description
*UNDER CONTRACT - SELLER ACCEPTING BACKUP OFFERS* Investor Special in Prime Panama City Beach Location - Endless Potential! Welcome to 124 Coral Drive in Panama City Beach, a rare opportunity to transform a property with incredible potential in one of the most desirable areas of the Gulf Coast. Whether you're an investor, renovator, or buyer looking to create your dream beach retreat, this property offers the perfect canvas in an unbeatable location. Situated just minutes from the white sugar-sand beaches of the Gulf of Mexico, this home is also conveniently located near Pier Park, Panama City Beach's premier destination for shopping, dining, and entertainment, including the exciting Pirates Voyage Dinner & Show, Topgolf, restaurants, boutiques, and year-round attractions. This 3-bedroom, 2-bath home with a 1-car garage offers a spacious layout ready for your vision and updates. The property features a screened porch perfect for enjoying coastal breezes, a fully fenced backyard, and a large 12 x 24 storage building/workshop that provides excellent additional storage or workspace. The home needs significant updating and renovation, including new flooring and kitchen and bathroom updates, and is priced accordingly--making it an outstanding opportunity for those looking to add value, renovate, and maximize investment potential. With its prime Panama City Beach location, proximity to the beach, Pier Park, and major attractions, this property could be transformed into a fantastic primary residence, vacation home, or income-producing investment property. Opportunities like this in Panama City Beach don't last long--bring your vision and unlock the potential of this coastal investment!
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Brick Exterior Features Porch Fencing Full Fenced Garage YN Yes Other Structures Shed(s) Patio And Porch Features Porch Screened Roof Asphalt Stories 1

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes Rooms Bedroom (First Level) Living Room (First Level) Primary Bedroom (First Level) Units Furnished None

Property Features

Association YN No Community Features Short Term Rental Allowed Disclosures Accepting Backup Offers Listing Service Full Service Lot Size Dimensions 0 X 0 Irr New Construction YN No Occupant Type Occupied Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 1210 Tax Year 2025 Waterfront YN No Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Epique Realty Inc: 888-893-3537. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Success Realty. Data last updated: 2026-04-12T00:04:01.067.
 
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Keller Williams Success Realty
22606 Panama City Beach Parkway
Panama City Beach FL, 32413