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Harrison Lilly

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

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154 Gulf Dr , Panama City Beach, FL 32408
$399,000
Est. Payment: $2,023.65/mo
2 Bed
2 Bath
972 Sqft
Status: pending | Days on site: 117
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Welcome to your slice of paradise in the highly sought-after gated community of Venture Out in Panama City Beach! This beautifully maintained 2-bedroom, 2-bath home offers the perfect blend of comfort, functionality, and coastal charm--with additional space that could easily serve as a bunk room, making it ideal for maximizing rental potential or accommodating extra guests. Step inside to a bright and open living area filled with natural light, featuring durable vinyl plank flooring and a relaxed, beachy vibe throughout. The spacious living room flows seamlessly into the dining area and kitchen, creating an inviting space for entertaining family and friends. The kitchen is well-appointed with ample cabinetry, generous counter space, and a convenient breakfast bar--perfect for casual dining. Just off the main living area, you'll find two comfortable bedrooms, including a primary suite. The additional flex space offers great potential for a bunk room, office, or extra sleeping area. Enjoy the Florida lifestyle outdoors with a welcoming exterior space and room for parking--plus the convenience of a golf cart-friendly community, making it easy to cruise down to the beach or around the resort. Venture Out amenities include: • Private beach access to the Gulf of Mexico (just a short golf cart ride away) • 300' of Gulf frontage & 1,000' on Grand Lagoon • Two swimming pools (one heated seasonally) • Tennis, pickleball & basketball courts • Fishing pier, boat launch & marina • Playground & picnic areas • 24/7 gated security Whether you're looking for a vacation home, investment property, or full-time residence, this home checks all the boxes. Venture Out continues to grow in popularity, making this a fantastic opportunity to own in one of Panama City Beach's most desirable golf cart communities. Don't miss your chance to own in paradise--schedule your showing today!

Highlights

Listed by Kelli Sims , 850-294-8379 Sims Resort Realty, Inc , 850-238-8360. Bay County Association of REALTORS

Property Type

Residential

HOA Fee

321 Monthly

Year Built

1991

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Venture Out Travel Trail

Listing ID

788357

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • Additional:Main Level Primary

Exterior Features

Lot Dimensions:30x60
Roof:Composition,Shingle
Sewer:Public Sewer
Principal Interest
$2,024
Taxes
$254
HOA
$321

Home Price

$399,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$79,800
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:
$2,023.65

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,023.65 $254.36 $321.00 $2,599.02
Yearly $24,283.83 $3,052.35 $3,852.00 $31,188.18
Total $728,514.98 $91,570.50 $115,560.00 $935,645.48

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