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Harrison Lilly

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

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4120 Nancee Dr , Panama City, FL 32408
$2,050,000
Est. Payment: $10,396.13/mo
7 Bed
4 Bath
3451 Sqft
Status: active | Days on site: 140
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

EXCEPTIONAL VALUE ALERT - PRICE IMPROVEMENT OF $200,000! Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental versatility. Spacious indoor and outdoor living areas provide ample room for entertaining and relaxing after a day at the beach. Outdoor highlights include a PRIVATE HEATED POOL, expansive balconies with Gulf views, covered patio spaces, and ample parking with a 2-car garage plus 5 additional driveway parking spaces. Low annual HOA dues add to the appeal of this exceptional coastal property. Whether you're searching for a primary residence, second home, or income-producing beach investment, this turnkey property offers space, location, and exceptional value in the heart of Panama City Beach.

Highlights

Listed by Makaila Parson , 470-449-9562 and James D Payton , 859-699-4290 Coastal Living Realty & Associates , 404-401-2444. Bay County Association of REALTORS

Property Type

Residential

Lot/Acreage
0.09

HOA Fee

530 Annually

Year Built

2010

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Holiday Beach On The Gulf

Listing ID

787257

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Electric Range, Electric Water Heater
Air Cond:Central Air
Fireplaces:

Exterior Features

Lot Dimensions:50x75
Zoning:Resid Single Family
Roof:Shingle
Others:
  • Additional:Deck, Patio
Sewer:Public Sewer
Principal Interest
$10,396
Taxes
$1,251
HOA
$530

Home Price

$2,050,000

Loan Details

30 yrs
6.528%

Down Payment

20%
$410,000
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:
$10,396.13

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $10,396.13 $1,250.75 $530.00 $12,176.88
Yearly $124,753.60 $15,009.00 $6,360.00 $146,122.60
Total $3,742,608.00 $450,270.00 $190,800.00 $4,383,678.00

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, 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