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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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16200 Habanero Ave , Panama City Beach, FL 32413
$586,000
Est. Payment: $3,237.57/mo
4 Bed
2 Bath
1984 Sqft
0.26 Acres
Status: Active | Days on site: 107
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Harrison Lilly Team
Owner/Operator

House Description

The only thing hotter than a habanero pepper is this fully renovated home on Habanero Avenue! Located in one of the few areas near Pier Park where short-term rentals are permitted, this property offers incredible flexibility as a vacation rental, full-time residence, or second home. Opportunities like this are incredibly rare. Located in one of the few areas near Pier Park where short-term rentals are permitted, this beautifully renovated property offers unmatched flexibility whether you're searching for a high-performing vacation rental, a full-time residence, or the perfect second home. The choice is yours. Inside, you'll find a stylish, modern renovation with an exceptionally spacious floor plan that offers room for everyone to spread out and enjoy. Every detail has been thoughtfully updated, creating a move-in-ready home that blends comfort, functionality, and coastal charm. Location is where this property truly shines. Just minutes from the sugar-white sands of Panama City Beach, you'll enjoy easy access to everything that makes the area one of Florida's most desirable destinations. Pier Park, with its endless dining, shopping, entertainment, and nightlife options, is right around the corner. Even better, a convenient trail located beside the property provides direct access to Pier Park, making it easy to golf cart, bike, or walk to your favorite restaurants and attractions. You'll also be just moments from Topgolf, Dolly Parton's Pirates Voyage Dinner & Show, Frank Brown Park, and countless local hotspots. Whether you're looking for an investment opportunity with income potential, a beach retreat for family getaways, or a place to call home year-round, this property checks every box. Fully renovated, incredibly spacious, close to the beach, and situated in one of the most convenient locations in Panama City Beach, this is a home you don't want to miss.

Highlights

Listed by The Wheeler Sauls Collective , 850-527-2275 Salty Marlin Realty LLC , 850-615-2406. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.26

Year Built

1972

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Diamond Head-Lakeside

Listing ID

791643

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Range
Air Cond:Central Air
Fireplaces:
Floor:Plank,Vinyl
Other:
  • ▪ Additional:Double Vanity, Main Level Primary, Walk-In Closet(s), Entrance Foyer

Exterior Features

Lot:Paved
Lot Dimensions:97.0 ft x 120.0 ft
Zoning:Resid Single Family
Roof:Shingle
Sewer:Public Sewer
Parking Features:RV Access/Parking
Principal Interest
$3,238
Taxes
$276

Home Price

$586,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$117,200
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,237.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,237.57 $275.89 $0.00 $3,513.46
Yearly $38,850.79 $3,310.73 $0.00 $42,161.52
Total $1,165,523.61 $99,321.90 $0.00 $1,264,845.51

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:26:25.000Z

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