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Harrison Lilly Team

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

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21523 Front Beach Rd , Panama City Beach, FL 32413
$5,700,000
Est. Payment: $31,491.68/mo
12 Bed
16 Bath
7914 Sqft
Status: Active | Days on site: 29
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Harrison Lilly Team
Owner/Operator

House Description

The opportunity you've been waiting for has arrived! This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers substantial construction, direct beach access, luxury coastal living, and incredible income-producing potential, all just a short drive from iconic 30A with no HOA restrictions! Built for longevity with concrete construction, metal studs, a tile roof, and stucco exterior, this building stands apart from typical coastal properties. It features THREE individual income-producing residences, each approximately 2,500 sq ft with 4 bedrooms and 4.5 bathrooms, with one private residence occupying each of the second, third, and fourth floors. Each unit offers two oversized Gulf-front balconies, panoramic water views, walls of glass, spacious living areas, gourmet kitchens with custom cabinetry, granite countertops, stainless appliances, and wet bars. Outside, enjoy a large, covered entertainment area, private pool, hot tub, and private beach access. Whether used as an investment with multiple income streams, a multi-generational retreat, or an entire beachfront compound, this is a truly rare opportunity on the Emerald Coast.

Highlights

Listed by Garrison D Dykes , 229-206-1088 Found Real Estate , 904-584-5161. Emerald Coast Multiple Listing Services

Property Type

Residential

Year Built

2007

County

Bay

Area

27 - Bay County

Neighborhood

Riviera Beach

Listing ID

1010501

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:12
  • ▪ Bathrooms:16
  • ▪ Full Bathrooms:12
  • ▪ 1/2 Bathrooms:4
Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • ▪ Additional:Breakfast Bar, Ceiling Raised, Elevator, Kitchen Island, Lighting Recessed, Pantry, Washer/Dryer Hookup, Wet Bar

Exterior Features

Lot:Gulf
Zoning:City, Resid Multi-Family, Resid Single Family
Others:
  • ▪ Additional:Balcony, Fenced Back Yard, Patio Covered, Patio Open
Sewer:Public Sewer
Parking Features:Carport Attached,Covered,Oversized
Principal Interest
$31,492
Taxes
$3,121

Home Price

$5,700,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$1,140,000
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:
$31,491.68

Principal

Taxes

Principal Taxes HOA Total
Monthly $31,491.68 $3,120.58 $0.00 $34,612.26
Yearly $377,900.15 $37,446.97 $0.00 $415,347.12
Total $11,337,004.43 $1,123,409.10 $0.00 $12,460,413.53

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 Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T06:31:40.000Z

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