Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,500,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 7 Beds
  • 6 Full Baths
  • 1 Partial Bath
  • Updated 5 days ago
See This Home
Save This Home
See This Home
Save This Home
Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.

Full Property Details for 119 Southfields Rd #119 & 121

General

  • Price: $1,500,000
  • Taxes: $9,970 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 787608
  • Updated: 3/30/2026
  • Added to Site: 6 day(s) ago

Interior

  • Number of Rooms: 13
  • Interior Features: Instant Hot Water
  • Appliances: Electric Range, Electric Water Heater, Tankless Water Heater
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Private
  • Security/Safety: Carbon Monoxide Detector(s), Other, Security Lights, Smoke Detector(s)

Exterior

  • Exterior Features: Covered Patio, Deck, Outdoor Shower
  • Porch/Patio/Deck: Balcony, Deck, Open, Porch

Parking

  • Parking Features: Additional Parking

Location

  • County: Bay
  • Subdivision: No Named Subdivision
  • Driving Directions: From the west end of Panama City Beach, head east on Front Beach Road. Turn left onto Southfields Road. Take the first left into the driveway and follow it to the end. The property will be on the righ

School Information

  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, Underground Utilities

Structural Information

  • Architectural Style: Coastal
  • Construction: HardiPlank Type, Stucco, Vinyl Siding
  • Sq. Ft. Source: Appraiser
  • Year Built: 2004

Additional Structures

  • Other Structures: Guest House

Lot Features

  • Property View: Gulf
  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,877
  • Lot Size: .09
  • Lot Dimensions: irregular
  • Lot Features: Paved
  • Zoning: Resid Single Family
  • Fencing (Description): Full, Fenced, Privacy

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $9,970
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: 5 3S 17W -2.61- BEG 162.8' E & 215.17' S OF NW COR OF E1/2 OF GOVT LOT 3 TH SELY 55.19' S 39.86' FOR POB TH S 74.18', N67W 31.97' TH N 62.10', E 29.75' TO POB A/K/A 119 SOUTHFIELDS RD *************AND************** 5 3S 17W BEG 162.8' E & 215.17' S O F NW COR OF E1/2 OF GOVT LOT 3 FOR POB TH S73E 55.19' S 22.03' W 52.72' N 37.67' TO POB ORB 3827 P 1285 TOG/W ESMT
  • Property ID: 36071-061-000

Listed by Corcoran Reverie

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 119 Southfields Rd #119 & 121 —

  • Corcoran Reverie

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 119 Southfields Rd #119 & 121

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-56.7 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.6 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-129.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 119 Southfields Rd #119 & 121 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/30/2026
Listed
$1,500,000
233.33%
MLS
8/26/2016
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 119 Southfields Rd #119 & 121

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,890
6%
$821,440
2%
2024
$9,368
7%
$803,473
8%
2023
$8,742
31%
$742,317
33%
2021
$6,669
-8%
$558,719
-14%
2022
$7,244
9%
$646,606
28%
2021
$6,669
19%
$504,090
13%
2019
$5,585
7%
$446,781
9%
2018
$5,223
6%
$410,906
7%
2017
$4,940
19%
$385,620
21%
2016
$4,160
-4%
$317,864
-2%
2015
$4,317
-2%
$324,044
-2%
2014
$4,385
12%
$329,628
-1%
2013
$3,918
—
$332,114
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 119 Southfields Rd #119 & 121

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Corcoran Reverie

Similar Properties near 119 Southfields Rd #119 & 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

21403 Sunset Ave, Panama City Beach, FL 32413 - Photo 1
$1,399,000

21403 Sunset Ave  Panama City Beach, FL 32413

  • Single Family
  • Active
  • Updated 10 days ago
  • 6
    Beds
  • 5
    Total Baths
322 Cicero St, Panama City Beach, FL 32407 - Photo 1
$1,299,000

322 Cicero St  Panama City Beach, FL 32407

  • Single Family
  • Active
  • 6
    Beds
  • 5
    Total Baths
  • 4,223
    Sq. Ft.
6324 Sunset Ave, Panama City Beach, FL 32408 - Photo 1
$1,299,900

6324 Sunset Ave  Panama City Beach, FL 32408

  • Single Family
  • Active
  • 7
    Beds
  • 5
    Total Baths
22500 Front Beach Rd, Panama City Beach, FL 32413 - Photo 1
$1,400,000

22500 Front Beach Rd  Panama City Beach, FL 32413

  • Single Family
  • Active
  • 5
    Beds
  • 6
    Total Baths

Just Listed near 119 Southfields Rd #119 & 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

305 Peachtree Cir, Santa Rosa Beach, FL 32459 - Photo 1 Just Listed
$439,000

305 Peachtree Cir  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 19 hours ago
  • 3
    Beds
  • 3
    Total Baths
25 Indian Woman Rd, Santa Rosa Beach, FL 32459 - Photo 1 Just Listed
$459,000

25 Indian Woman Rd  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
191 Water Oaks Loop, Santa Rosa Beach, FL 32459 - Photo 1 Just Listed
$489,000

191 Water Oaks Loop  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
1398 N County Hwy 393, Santa Rosa Beach, FL 32459 - Photo 1 Just Listed
$459,000

1398 N County Hwy 393  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths

Price Reduced near 119 Southfields Rd #119 & 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

350 Tradewinds Dr, Santa Rosa Beach, FL 32459 - Photo 1 Price Reduced
-$15,000 (-2.08%)
$705,000

350 Tradewinds Dr  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,516
    Sq. Ft.
Listed by Beycome of Florida LLC
119 Gustaf Dr, Santa Rosa Beach, FL 32459 - Photo 1 Price Reduced
-$10,000 (-1.94%)
$505,000

119 Gustaf Dr  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
150 Calm Gulf Dr, Santa Rosa Beach, FL 32459 - Photo 1 Price Reduced
-$4,000 (-2.27%)
$171,999

150 Calm Gulf Dr  Santa Rosa Beach, FL 32459

  • Lots/Land
  • Active
  • Updated 3 days ago
  • 0.32
    Acres
Listed by New Alliance Group Realty
294 Gulfview Cir, Santa Rosa Beach, FL 32459 - Photo 1 Price Reduced
-$26,000 (-1.96%)
$1,299,000

294 Gulfview Cir  Santa Rosa Beach, FL 32459

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths

Recent Sales near 119 Southfields Rd #119 & 121

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

803 Lake Powell Dr, Panama City Beach, FL 32413 - Photo 1 Sold
$1,450,000

803 Lake Powell Dr  Panama City Beach, FL 32413

  • Single Family
  • Closed
  • Updated 4 days ago
  • 4
    Beds
  • 4
    Total Baths
130 Parkshore Dr, Panama City Beach, FL 32413 - Photo 1 Sold
$1,415,000

130 Parkshore Dr  Panama City Beach, FL 32413

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
22103 Marsh Rabbit, Panama City Beach, FL 32413 - Photo 1 Sold
$1,425,000

22103 Marsh Rabbit  Panama City Beach, FL 32413

  • Single Family
  • Closed
  • Updated 5 days ago
  • 5
    Beds
  • 4
    Total Baths
20303 Panama City Beach Pkwy, Panama City Beach, FL 32413 - Photo 1 Sold
$1,300,000

20303 Panama City Beach Pkwy  Panama City Beach, FL 32413

  • Retail
  • Closed

119 Southfields Road #119 & 121, Panama City Beach, FL 32413 (MLS# 787608) is a Single Family property with 7 bedrooms, 6 full bathrooms and 1 partial bathroom. 119 Southfields Road #119 & 121 is currently listed for $1,500,000 and was received on March 30, 2026. Want to learn more about 119 Southfields Road #119 & 121? Do you have questions about finding other Single Family real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

Tour this property