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$1,590,000
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Property Description
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
Full Property Details for 119 Southfields Rd #119 & 121
General
- Sold For: $1,590,000
- Taxes: $9,970 (2025)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 787608
- Added to Site: 52 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Instant Hot Water
- Appliances: Electric Range, Electric Water Heater, Tankless Water Heater
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
Sold by EXP Realty LLC
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Schools
Schools serving 119 Southfields Rd #119 & 121
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 6.7 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 9.7 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
Date
Details
Price
Change
Source
5/08/2026
Sold
$1,590,000
6%
MLS
3/30/2026
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
119 Southfields Road #119 & 121, Panama City Beach, FL 32413 (MLS# 787608) is a Single Family property that was sold at $1,590,000 on May 08, 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.

