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Harrison Lilly

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

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512 Dement Cir E , Panama City Beach, FL 32407
$699,900
Est. Payment: $3,549.76/mo
5 Bed
5 Bath
2394 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Discover the perfect blend of luxury living and income potential in this stunning 5-bedroom, 4.5-bath townhome, just steps from pristine Panama City Beach access points. Featuring coastal finishes, 9-foot ceilings, and a peak-a-boo Gulf-view, this fully furnished townhome is a great fit for your family and investment needs. Why it stands out: The first-floor bedroom with kitchenette unlocks potential for an anytime personal use retreat or include it in bookings to maximize rental income. The spa-inspired master suite, well equipped kitchen, and additional bedrooms make it roomy for big families and larger vacation groups alike. Plus, the attached garage and community pool add value for use, fun, and investment returns. Walk to the beach, shops, and restaurants. Enjoy world-class sunset views from your balconies. Unwind in the hot tub. Whether your goal is a second home, primary residence, or vacation rental investment, this unit is a great fit. Live the Lifestyle. Walk to great local dining options and entertainment: start your evening at local favorites like Firefly, Hunt and Gather, C-Level or Angelo's, then unwind at lively hotspots like the newly built Tootsies (Where Spinnaker used to be), Pineapple Willies, or the Arcade and Bowling Alley at Laketown. Need a day trip or a break from the salt? Ripley's Believe It or Not, Wonder Works, and Shipwreck Island water park are minutes away, making this the ultimate base for family vacations and getaways.. The potential first-floor lock-out suite with kitchenette, and flexible bedrooms with bunks, large family room with balcony layout caters perfectly to vacation rental demands. Community pool, private hot tub, and garage (ideal for car, golf cart storage or small boat, jet ski) add tangible appeal. With Panama City Beach ranking among the highest-demand vacation rental markets, this property hits the mark.

Highlights

Listed by Joel Reed , 850-814-7377 Homes Land & Shore Inc. , 850-814-7377. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

Year Built

2007

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Long Beach 3rd

Listing ID

792984

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Electric Oven, Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Double Vanity, Sitting Area in Primary, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Exterior Features

Lot Dimensions:19.0 ft x 62.0 ft
Zoning:Resid Single Family
Roof:Metal
Others:
  • Additional:Patio
Sewer:Public Sewer
Parking Features:Paved
Principal Interest
$3,550
Taxes
$446
HOA
$0

Home Price

$699,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$139,980
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:
$3,549.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,549.76 $446.19 $0.00 $3,995.95
Yearly $42,597.13 $5,354.24 $0.00 $47,951.36
Total $1,277,913.87 $160,627.05 $0.00 $1,438,540.92

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