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$465,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Turnkey Beach Investment Property - New Construction, No HOA, Fully Furnished & Rental-Ready! Discover the perfect income-generating vacation home or short-term rental investment in Panama City Beach, Florida! 4011 Crescent Drive is a newly built, fully furnished, and turnkey property, ready to welcome guests and start generating revenue from day one-with no HOA restrictions. Prime Location - Walk to the Beach! Situated in the highly desirable East Panama City Beach area, this 3-bedroom, 2-bathroom home offers exceptional convenience: No HOA - No rental restrictions! 2 blocks to Beach Access 12 3 minutes to Dolphin Boat Ramp & Schooners Beachfront Restaurant 4 minutes to St. Andrews State Park & Publix 7 minutes to Hathaway Bridge 20 minutes to Pier Park for shopping, dining, and entertainment Modern & Move-In Ready Designed for comfort, style, and functionality, this home features: Granite countertops & high-end finishes throughout Luxury solid flooring for durability and easy maintenance Open-concept living and dining areas perfect for entertaining Bright, spacious interiors ideal for both full-time residents and vacationers Outdoor & Lifestyle Features No HOA - Full ownership flexibility Golf cart-friendly neighborhood with quick beach access Generous driveway parking with space for boats, trailers, or multiple vehicles Nearby boat ramp (0.1 miles away) for easy access to open water Fully Equipped & Rental-Ready Modern kitchen stocked with appliances, cookware, and dishware In-unit washer & dryer for added convenience Low-maintenance Hardie Board siding & durable metal roof built for coastal living Spacious Accommodations - Sleeps 8 Comfortably Primary Bedroom: King bed + private ensuite Bedroom 2: Queen bed Bedroom 3: Two Twin-over-Twin bunk beds High-Income Investment Opportunity - No HOA! With no HOA restrictions and strong demand for short-term rentals, this home is a turnkey investment offering excellent Airbnb and VRBO rental potential. Whether you're an investor or seeking a personal coastal retreat, this property delivers both luxury and profitability. 📽 Property video available upon request! Don't miss this rare opportunity to own a fully furnished, high-performing vacation rental just steps from the Gulf of Mexico. Contact us today to schedule a private showing!
Full Property Details
Full Property Details for 4011 Crescent Dr
General
- Sold For: $465,000
- Taxes: $3,229 (2024)
- Status: Closed
- Type: Single Family
- Source: Bay_County
- MLS ID: 768695
- Added to Site: 248 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Oven, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Other, See Remarks
Parking
- Parking Features: Paved
Location
- County: Bay
- Subdivision: Crescent Beach Unit 1
- Driving Directions: Thomas Dr. to Crescent. North on Crescent to Beach.
School Information
- Elementary School: Patronis
- 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
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, Sewer Available
Structural Information
- Architectural Style: Coastal
- Windows: Double Pane Windows
- Stories/Levels: 1
- Sq. Ft. Source: Appraiser
- Year Built: 2023
Lot Features
- Property View: Other
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 2,962
- Lot Size: .07
- Lot Dimensions: 30 x 100
- Lot Features: Paved
- Zoning: County, Resid Single Family
Financial Considerations
- Tax Amount: $3,229
- Tax Year: 2024
Disclosures and Reports
- Legal Description: Commence at the Northerly Comer of Lot 3, Block 18, Corrected Plat of Crescent Beach Unit No. 1, a subdivision as per map or plat thereof recorded in Plat Book 8, Page 50, of the Public Records of Bay County, Florida; thence runS 42°45'50'' W along the Northwesterly line of said Lot 3 and Lot 2 in said Block 18 for 24.00 feet to the Point of Beginning; thence continue S 42°45'01'' W. along said
- Property ID: 30903-010-000
Listed by eXp Realty, LLC
Sold by Dalton Wade Inc
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Schools
Schools serving 4011 Crescent Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.4 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.7 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4011 Crescent Dr
Date
Details
Price
Change
Source
12/30/2025
Sold
$465,000
-4.12%
MLS
4/04/2025
Price Reduced
$485,000
-2.81%
MLS
2/12/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4011 Crescent Drive, Panama City, FL 32408 (MLS# 768695) is a Single Family property that was sold at $465,000 on December 30, 2025. Want to learn more about 4011 Crescent Drive? Do you have questions about finding other Single Family real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

