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Harrison Lilly Team

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

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16400 Castile Ave , Panama City Beach, FL 32413
$624,900
Est. Payment: $3,452.48/mo
4 Bed
3 Bath
2407 Sqft
0.45 Acres
Status: Active | Days on site: 138
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Harrison Lilly Team
Owner/Operator

House Description

UNMATCHED VALUE ON THE WEST END! This exceptional 4-bedroom, 2.5-bathroom all-brick ranch offers the absolute best price per square foot in the neighborhood. Perfectly situated on a massive 0.45-acre corner lot with NO HOA, this property is fully approved for short-term rentals (STR) and comes beautifully furnished (all main decor included)--making it the ultimate turnkey investment or move-in ready beach home! Step inside to an expansive great room that flows seamlessly into a bright, modern kitchen with updated appliances, premium finishes, and a spacious dining area. Need extra space? The large 16x16 bonus flex room provides endless versatility as a 5th bedroom option, home office, or media room. Major structural upgrades offer total peace of mind: a 2018 roof, high-impact rated windows with solar-tinted glass for maximum energy efficiency, and a climate-controlled garage with a dedicated mini-split AC-perfect for a workshop or golf cart storage. Nestled safely in preferred Flood Zone X (no flood insurance required by most lenders!), you are just a quick golf cart ride to the beach, around the corner from a rare coastal dune lake and community playground, and only 1 mile from Pier Park shopping, dining, and entertainment. This property delivers the rare acreage, square footage, and cash-flow potential that is nearly impossible to find on the West End of PCB. See it today before this incredible deal is gone! Buyer to verify all information and measurements deemed important.

Highlights

Listed by Melanie L Luke , 850-919-5931 Beachy Beach Real Estate , 850-233-4351. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.45

Year Built

1970

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Diamond Head-Lakeside

Listing ID

789884

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Oven
Air Cond:Central Air,Heat Pump
Fireplaces:
Floor:Plank,Vinyl
Other:
  • ▪ Additional:Double Vanity, Main Level Primary, Walk-In Closet(s)

Exterior Features

Lot:Sprinkler System,Paved
Lot Dimensions:103x151
Roof:Composition,Shingle
Sewer:Public Sewer
Principal Interest
$3,452
Taxes
$479

Home Price

$624,900

Loan Details

30 yrs
7.374%

Down Payment

20%
$124,980
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:
$3,452.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,452.48 $478.58 $0.00 $3,931.07
Yearly $41,429.79 $5,743.00 $0.00 $47,172.79
Total $1,242,893.70 $172,290.00 $0.00 $1,415,183.70

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: 2026-10-07T03:46:57.000Z

© 2026 Bay County Association of REALTORS