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$1,775,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 1 Partial Bath
  • Updated 10 hours ago
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Luxury new construction in Laguna Beach Estates on the highly desirable West End of Panama City Beach! Located near the 30A corridor and just minutes from the beautiful beaches, dining, shopping, and entertainment PCB has to offer, 240 Oleander Drive is a standout opportunity for investors, second-home buyers, and luxury coastal buyers. Built in 2026, this 5-bedroom, 4 full bath and 1 half bath home offers approximately 4,173 sq ft H&C and is designed with short-term rental performance in mind. No HOA.Short-term rentals allowed. The spacious layout, private pool, outdoor kitchen, wet bars, and luxury finishes create an ideal setup for vacation rental guests and large groups. Interior features include marble flooring throughout, crown molding, recessed lighting, walk-in laundry room, remote-controlled ceiling fans, double-pane low-E windows, energy-efficient insulation, central HVAC on each floor, two 50-gallon water heaters, and a mini-split system in the garage. The kitchen features Cristalo quartz countertops, a Black Lava quartz island, undermount sink, and upgraded full-overlay white oak cabinetry with soft-close concealed hinges, full-extension soft-close drawer glides, plywood box construction, natural birch interiors, and PPG stain finish. Wet bars with wine coolers are located on both the first and second floors. Outdoor features include a custom brushed copper iron door, fully paved driveway, landscaped backyard, inground saltwater pool, outdoor kitchen with Black Pearl granite, outdoor shower, sprinkler system with separate irrigation meter, keyless side entry, and low-risk Flood Zone X. One-year builder warranty included.

Full Property Details for 240 Oleander Dr

General

  • Price: $1,775,000
  • Taxes: (2025)
  • Status: Active
  • Type: Single Family
  • Source: Bay_County
  • MLS ID: 791597
  • Updated: Today (6/19/2026)
  • Added to Site: Today

Interior

  • Number of Rooms: 5
  • Interior Features: Balcony, Double Vanity, Main Level Primary, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Electric
  • Appliances: Bar Fridge, ENERGY STAR Qualified Appliances, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: In Ground, Salt Water, Private

Exterior

  • Exterior Features: Barbecue, Outdoor Kitchen
  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Garage, Garage Door Opener, Paved

Location

  • County: Bay
  • Subdivision: Laguna Beach Estates 7th Add
  • Driving Directions: Taking Us 98 West, continue past Pier Park, Turn left onto Oleander Dr continue to 240 Oleander Dr about two blocks from beach.

School Information

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

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: ENERGY STAR Qualified Equipment
  • Heating Type: ENERGY STAR Qualified Equipment, Fireplace(s)

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Contemporary
  • Stories/Levels: 3
  • Sq. Ft. Source: Plans
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 4,792
  • Lot Size: .12
  • Lot Dimensions: 50.0 ft x 102.0 ft
  • Frontage: City Street
  • Lot Features: Sprinkler System
  • Fencing (Description): Fenced

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LAGUNA BEACH EST 7TH ADD -2.55A- 13D1 LOT 20 BLK 29 ORB 4797 P 1432
  • Property ID: 36862-010-000
Buyer's Brokerage Compensation: Contact Listing Agent
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— 240 Oleander Dr —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 240 Oleander Dr

School District:Bay County School District
NameGradesDistance
West Bay Elementary School
14813 School Dr, Panama City Beach, FL 32413
K-55.4 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-85.8 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-127.8 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 240 Oleander Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,775,000
545.45%
MLS
4/24/2024
Sold
$275,000
—
Public Record
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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 240 Oleander Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,717
11%
$221,000
-10%
2024
$2,445
7%
$245,896
8%
2023
$2,291
49%
$227,356
73%
2021
$1,535
-17%
$131,412
-30%
2022
$1,859
21%
$187,098
52%
2021
$1,535
18%
$123,304
26%
2019
$1,300
8%
$97,771
10%
2018
$1,207
14%
$88,883
10%
2017
$1,058
-1%
$80,803
—
2016
$1,074
-2%
$80,587
1%
2015
$1,094
—
$79,870
-1%
2014
$1,098
11%
$80,276
-2%
2013
$992
—
$81,560
—
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.

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240 Oleander Drive, Panama City Beach, FL 32413 (MLS# 791597) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 240 Oleander Drive is currently listed for $1,775,000 and was received on June 19, 2026. This property is listed by Marina Grigoryan from our Panama City Beach - Thomas Dr. Office.Want to learn more about 240 Oleander 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.

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