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$439,000 Just Listed
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Property Description
Welcome to this charming 2 bedroom, 2 bath beach home located in the highly desirable gated community of Venture Out Resort in Panama City Beach. Perfectly positioned right across from the beach access, you're just steps away from the sugar-white sands and emerald waters of the Gulf of Mexico. This well-maintained home offers vaulted ceilings, neutral coastal tones, and durable tile flooring throughout -- ideal for easy beach living. The spacious living and dining areas flow seamlessly, creating an inviting space for relaxing or entertaining after a day at the beach. The kitchen features granite countertops, abundant cabinetry, stainless steel appliances, and ample prep space, making it functional for both full-time living and vacation rentals. A standout feature of this home is the extra-large closet space, which offers incredible flexibility and could easily be utilized as a bunk room, additional sleeping area, or bonus storage -- adding valuable rental potential. Located inside Venture Out, a gated, golf-cart-friendly resort community offering: Private beach access directly across the street Two swimming pools (one seasonally heated) Tennis, pickleball & basketball courts Shuffleboard Playground & picnic areas Private marina, boat ramp & fishing pier 24/7 security Whether you're looking for a primary residence, second home, or income-producing vacation rental, this prime beachside location makes it a standout opportunity. Conveniently located just minutes from the World's Most Beautiful Beaches, as well as shopping, dining, and entertainment, this fully updated and furnished home is a rare opportunity in one of Panama City Beach's most sought-after communities. Don't miss your chance to own in Venture Out!
Full Property Details
Full Property Details for 5 Dolphin Ln
General
- Price: $439,000
- Taxes: $4,290 (2025)
- Status: Active
- Type: Single Family
- Source: Bay_County
- MLS ID: 786020
- Updated: 3/18/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Other, See Remarks, Dock, Gated, Gazebo, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Community
- Security/Safety: Security Service
Exterior
- Porch/Patio/Deck: Open, Porch
Location
- County: Bay
- Subdivision: Venture Out Travel Trail
- Driving Directions: SOUTH ON THOMAS DR., PASS CAPT. ANDERSON'S TURN LEFT AT NEXT TRAFFIC LIGHT TOWARD ST. ANDREWS STATE PARK, VENTURE OUT WILL BE BEFORE THE PARK ENTRANCE ON THE LEFT.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: Coastal
- Construction: Vinyl Siding
- Roof: Shake
- Sq. Ft. Source: Appraiser
- Year Built: 1994
Lot Features
- Lot Dimensions: 30 x 60
Water Features
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $4,290
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: VENTURE OUT TRAVEL TRAIL LOT 5 BLK 4 ORB 296 P 27 . . ORB 3957 P 1071
- Property ID: 31442-011-000
Listed by Sims Resort Realty, Inc
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Schools
Schools serving 5 Dolphin Ln
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2.5 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 6.3 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 5 Dolphin Ln
Date
Details
Price
Change
Source
2/28/2026
Listed
$439,000
68.85%
MLS
11/22/2017
Sold
$260,000
—
Public Record
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 5 Dolphin Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,250
-1%
$345,702
—
2024
$4,306
3%
$347,173
1%
2023
$4,191
29%
$342,966
28%
2021
$3,246
-8%
$267,321
-14%
2022
$3,525
9%
$309,365
56%
2021
$3,246
67%
$198,479
3%
2019
$1,941
-1%
$192,247
—
2018
$1,968
7%
$191,842
34%
2017
$1,838
-2%
$142,643
-1%
2016
$1,883
1%
$143,593
4%
2015
$1,866
5%
$138,326
5%
2014
$1,771
5%
$131,296
-7%
2013
$1,694
—
$141,609
—
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 5 Dolphin Ln
5 Dolphin Lane, Panama City, FL 32408 (MLS# 786020) is a Single Family property with 2 bedrooms and 2 full bathrooms. 5 Dolphin Lane is currently listed for $439,000 and was received on March 18, 2026. Want to learn more about 5 Dolphin Lane? 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.

