Agent profile image in chat bubble
Agent profile image in chat header

Harrison Lilly Team

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

Agent profile image in message

7405 Beach Drive B , Panama City, FL 32408
$405,000
Est. Payment: $2,237.57/mo
3 Bed
2 Bath
1294 Sqft
0.06 Acres
Status: Active | Days on site: 185
Get Pre-Qualified
BKWS - TEJG
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Harrison Lilly Team, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
Agent profile image
Harrison Lilly Team
Owner/Operator

House Description

Opportunity meets location with this three bedroom coastal townhouse ideally positioned just steps from the shoreline in the heart of east Panama City Beach. Situated directly across from the public beach access at Rick Seltzer Park, this property offers the kind of convenience and rental appeal that today's buyers and investors are searching for. Whether you're looking for a vacation getaway, income-producing short-term rental, or full-time residence, this versatile property delivers. The interior features a bright, open layout designed for relaxed coastal living, with updated finishes that create a welcoming, low-maintenance space for owners and guests alike. Step out onto the second-floor balcony and take in views of the Gulf--perfect for morning coffee or unwinding after a day at the beach. What truly sets this property apart is the flexibility and long-term value. With no HOA, no flood insurance requirement, and no restrictions on short-term rentals, owners have the freedom to maximize income potential while keeping operating costs manageable. Notable improvements--including a new roof (2019), updated siding, Trex decking, PVC railings, and a new AC system installed in April 2023--provide peace of mind and added durability for years to come. Located just minutes from the area's top dining, shopping, and entertainment, this property combines lifestyle, convenience, and investment potential in one compelling package. Whether you're building your portfolio or securing your own place at the beach, this property offers the location, flexibility, and upside that make coastal investments worthwhile.

Highlights

Listed by The Jarrett Group , 850-279-5911 Keller Williams Success Realty , 850-249-0313. Bay County Association of REALTORS

Property Type

Condo/Townhome

Lot/Acreage
0.06

Year Built

1986

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Holiday Beach Unit 14

Listing ID

787601

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Oven, Electric Range
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Plank,Vinyl
Other:
  • ▪ Additional:Upper Level Primary

Exterior Features

Lot:Paved
Lot Dimensions:25 x 108
Zoning:Resid Single Family
Roof:Shingle
Others:
  • ▪ Additional:Covered Patio
Sewer:Public Sewer
Principal Interest
$2,238
Taxes
$348

Home Price

$405,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$81,000
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:
$2,237.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,237.57 $348.00 $0.00 $2,585.57
Yearly $26,850.80 $4,176.00 $0.00 $31,026.80
Total $805,524.00 $125,280.00 $0.00 $930,804.00

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
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: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS