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Harrison Lilly

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

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21104 S Lakeview Dr , Panama City Beach, FL 32413
$685,000
Est. Payment: $3,474.19/mo
4 Bed
2 Bath
2144 Sqft
Status: active | Days on site: 90
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Investment opportunity in the desirable Gulf Vista community on the west end of Panama City Beach! This fully occupied duplex offers immediate rental income and exceptional future potential. Situated on a large lot with room to expand, add additional improvements, or create enhanced outdoor living spaces, this property offers flexibility that goes beyond a typical duplex investment. Ideal for an owner-occupant looking to offset expenses by living in one unit while generating income from the other, this property presents a rare opportunity in a highly sought-after coastal location. One standout feature of this location is its proximity to the secluded beach access at the south end of Lakeview Drive--an undeveloped stretch of coastline with no homes built directly on the beach, offering a more natural, quiet, and uncrowded beach experience that is increasingly hard to find. BOTH UNITS NOW FEATURE FRESH INTERIOR PAINT AND BRAND NEW CARPET. Each unit features a functional two-bedroom, one-bath layout with numerous updates over the years, including new windows in 2018 and renovations completed in 2021. Unit 21106 received a new water heater in 2025. In 2026, Unit 21104 was further improved with an updated bathroom, new kitchen flooring, and updated appliances, including a washer, dishwasher, range, and hood. Positioned on the west end of Panama City Beach, this property offers convenient access to the dining, shopping, and charm of Scenic Highway 30A while remaining just a short drive to Pier Park to the east--truly offering the best of both lifestyles.

Highlights

Listed by Alexandra Maddox , 850-238-6168 The Premier Property Group , 850-213-5000. Bay County Association of REALTORS

Property Type

Condo/Townhome

Year Built

1994

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Gulf Vista

Listing ID

787831

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Oven, Electric Range, Electric Water Heater
Other:
  • Additional:Interior Steps, Tub Shower

Exterior Features

Lot:Paved
Lot Dimensions:140x80
Zoning:Resid Multi-Family
Roof:Composition,Shingle
Others:
  • Additional:Rain Gutters
Principal Interest
$3,474
Taxes
$467

Home Price

$685,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$137,000
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:
$3,474.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,474.19 $466.92 $0.00 $3,941.11
Yearly $41,690.29 $5,603.00 $0.00 $47,293.29
Total $1,250,708.67 $168,090.00 $0.00 $1,418,798.67

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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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: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS