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Harrison Lilly Team

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

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704 Gulf View Dr , Panama City Beach, FL 32413
$498,800
Est. Payment: $2,755.80/mo
3 Bed
2 Bath
1104 Sqft
0.36 Acres
Status: Active | Days on site: 50
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SAVVY - B11880
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Harrison Lilly Team
Owner/Operator

House Description

RARE 16,000 SQ FT DOUBLE/TRIPLE CORNER LOT WITH DUAL ACCESS & DEVELOPMENT POTENTIAL This prime corner property has about 16,000 square feet (0.37 acres) and includes dual access. Parking space for an RV, boat, and trailer | A workshop or a pole barn | A guest house or a mother-in-law suite | A swimming pool, an outdoor kitchen, and a resort-style backyard | A private compound or a multi-unit development for buyers who want room to expand. If a zoning change were made to R-2, the property could be used for duplexes, cottages, or as a high-yield vacation-rental compound for investors and developers. This 3-bedroom, 2-bathroom house, which has been extensively remodelled, is available ready to move into and comes fully furnished with a stylish coastal decoration, so that people who wish to occupy it immediately or use it to generate rental income can do so. In the meantime, they will be able to carry out their plans for the land. In 2026 the countertops were replaced with quartz, a farmhouse sink was installed, a Bosch dishwasher was fitted, PVC plumbing was used and spray-foam insulation was added. The key infrastructure consists of a new roof from 2023 and an HVAC system from 2022. The exterior and grounds include a gabled porch, updated trim and siding, a deck, a patio, full fencing, and a detached garage. Ready in terms of insurance: has already undergone the wind mitigation inspection and is now insured with Citizens, which gives the buyers an extra sense of peace of mind. A few minutes from Lake Powell, Florida's largest coastal dune lake, and with public boat ramp access. It is about five minutes' drive to 30A, Inlet Beach, and world-class Gulf access. You can enjoy living in a golf-cart community while having room to store all your beach and water toys. For buyers in the West End it is uncommon to come across opportunities that offer such utility, have flexible land use, and provide immediate cash flow. Situated right next to Rosemary Beach, this property has luxury vinyl plank (LVP) waterproof flooring in all areas, a feature that is attractive to buyers looking for easy maintenance and a pleasant arrangement. The principal living space includes comfortable seating. The open-plan design continues smoothly into the dining area and the well-stocked kitchen, which is equipped with a big central island, stainless steel appliances, cabinetry, and a open pantry, combining both style and functionality. If you're looking for a house to use as a primary residence or as a second home, then this property provides an excellent chance for buyers to experience the best aspects of living in Panama City Beach. Since it's only a short drive from the sugar-white sand and emerald waters of the Gulf, the home is also close to Pier Park, various restaurants, and entertainment facilities. Thanks to the absence of an HOA, this property presents a wonderful opportunity to enjoy the Emerald Coast way of life. Property sold AS-IS--buyer to verify all measurements, zoning, and development details with local county authorities.

Highlights

Listed by Moe Mossa , 888-490-1268 Savvy Avenue LLC , 888-490-1268. Bay County Association of REALTORS

Property Type

Manufactured Home

Lot/Acreage
0.36

Year Built

1991

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Lake Powell Estates

Listing ID

793791

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Oven, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Walk-In Closet(s)

Exterior Features

Lot Dimensions:107.0 ft x 150.0 ft
Roof:Composition,Shingle
Others:
  • ▪ Additional:Covered Patio
Parking Features:RV Access/Parking
Principal Interest
$2,756
Taxes
$173

Home Price

$498,800

Loan Details

30 yrs
7.374%

Down Payment

20%
$99,760
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Monthly Price:
$2,755.80

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,755.80 $172.62 $0.00 $2,928.42
Yearly $33,069.58 $2,071.49 $0.00 $35,141.07
Total $992,087.34 $62,144.70 $0.00 $1,054,232.04

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: 2026-10-07T08:07:44.000Z

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