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$1,795,000
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Property Description
Welcome to 121 Belaire Drive, a furnished 4-bedroom, 3-bath beach home in the highly sought-after Santa Monica area on the desirable west end of Panama City Beach. Built in 2018 and offering approximately 2,320 square feet, this property combines modern construction, Gulf views, and short-term rental flexibility in a location just minutes from the beach. With no HOA and short-term rentals permitted, the home presents an appealing opportunity for full-time living, a second home, or an investment property. The open floor plan is designed for comfortable coastal living and effortless entertaining. Interior bamboo flooring adds warmth and durability throughout the main living areas, while the spacious layout provides room for family and guests. Offered fully furnished and including a golf cart, this home is ready to enjoy from day one. The primary suite serves as a private retreat featuring an en-suite bathroom with a double vanity and a glass-enclosed tiled shower. A private door from the suite opens to the deck, where Gulf views provide a relaxing backdrop to morning coffee or evening sunsets. Additional bedrooms and bathrooms offer flexibility for guests and rental accommodations. Home was built to help reduce maintenance concerns and enhance long-term value, including two new air-conditioning units and a tankless water heater. The exterior was freshly painted in January, and an elevator provides convenient access between levels, adding functionality throughout the home. Outdoor living is a standout feature. Situated on an elevated 80-by-110-foot lot, the property offers ample room to add a pool while still maintaining outdoor gathering space. Bamboo decking creates an inviting setting for entertaining, and the outdoor shower provides a convenient place to rinse off after a day at the beach. Parking and storage are abundant with a 2-car garage, additional storage space, and a driveway accommodating up to four vehicles. Located on the west end of Panama City Beach near beaches, dining, shopping, and entertainment, this property offers the rare combination of Gulf views, modern construction, no HOA restrictions, short-term rental potential, and turnkey furnished convenience.
Full Property Details
Full Property Details for 121 Belaire Dr
General
- Price: $1,795,000
- Taxes: $9,107 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 790923
- Updated: 6/14/2026
- Added to Site: 48 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Balcony, Double Vanity, Interior Steps, Upper Level Primary, Walk-In Closet(s)
- Appliances: Convection Oven, Gas Range, Ice Maker, Tankless Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Covered Patio, Outdoor Shower
- Porch/Patio/Deck: Balcony, Deck
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Garage, Garage Door Opener, Paved
Location
- County: Bay
- Subdivision: Santa Monica Beach
- Driving Directions: From the West, Hwy 98/Panama City Beach Pkwy to right on Front Beach Road to Left on Belaire Drive, house on the left. From East, Panama City Beach Pkwy to left on Oleander and right on Belaire
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), Multi Units
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Coastal
- Construction: HardiPlank Type, Wood Frame
- Roof: Metal
- Sq. Ft. Source: Plans
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Size: .2
- Lot Dimensions: 80 x 110
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Single Family
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $9,107
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SANTA MONICA BEACH LOT 3 BLK 2 ORB 3768 P 841
- Property ID: 37173-000-000
Listed by Rev Realty Florida, LLC
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Schools
Schools serving 121 Belaire Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
West Bay Elementary School 14813 School Dr, Panama City Beach, FL 32413 | K-5 | 5.7 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 8.2 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 121 Belaire Dr
Date
Details
Price
Change
Source
6/06/2026
Listed
$1,795,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121 Belaire Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,350
—
$703,122
-3%
2024
$8,350
8%
$724,754
9%
2023
$7,762
18%
$664,398
8%
2021
$6,599
-2%
$617,087
-2%
2022
$6,713
2%
$630,486
40%
2021
$6,599
264%
$451,175
224%
2019
$1,814
9%
$139,436
12%
2018
$1,667
17%
$124,475
10%
2017
$1,426
11%
$113,159
13%
2016
$1,285
-1%
$100,102
2%
2015
$1,295
15%
$98,141
15%
2014
$1,125
13%
$85,340
—
2013
$997
—
$85,340
—
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
Estimate the Cost for 121 Belaire Dr
121 Belaire Drive, Panama City Beach, FL 32413 (MLS# 790923) is a Single Family property with 4 bedrooms and 3 full bathrooms. 121 Belaire Drive is currently listed for $1,795,000 and was received on June 06, 2026. Want to learn more about 121 Belaire Drive? 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.

