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13011 Oleander Drive
Panama City Beach, FL 32407

$2,700,000 - Status: Active

Beds: 4

Baths: 4 full

SQFT (H&C): 2,283

MLS# 787261

Oceanfront Gulf-front 4BR/4BA + flex room home with proven rental history and exceptional versatility. Offering over a decade of consistent VRBO performance, this property presents a strong income-producing opportunity with additional upside potential. Designed for both comfort and functionality, the layout includes a 2BR/2BA main residence plus two private guest suites with full baths connected by a breezeway, ideal for multi-generational living or maximizing rental occupancy. Enjoy panoramic Gulf views from the sunroom and main living areas, complemented by an open-concept layout perfect for entertaining. The home features an updated kitchen, remodeled primary bath, and is being sold fully furnished for a true turnkey experience. Outdoor living includes a spacious back porch, jacuzzi, BBQ area, and direct beach access, creating an ideal setting for both personal use and guest enjoyment. Recent improvements include roof, HVAC systems, and impact windows and doors, offering added durability and peace of mind. Located on a private drive with a 35-ft seawall for enhanced protection. A rare opportunity to own a beachfront property that combines lifestyle, income, and long-term potential in Panama City Beach.

Property Features

MLS#: 787261

Zip: 32407

Subdivision: Bahama Beach

Development: 0318 - Beach - Central South

Property Type: Residential - Single Family

Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified E

Days on Site: 85

Fenced: Yes

Heating: Central, Electric, ENERGY STAR Qualified Equipment, H

Home Style: Coastal

Lot Size: 0.17 acres

Roof Type: Shingle

Taxes: $17,902

Year Built: 1940

SQFT (H&C): 2,283

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker

Community Features: Short Term Rental Allowed

Door Features: Storm Door(s)

Exterior: HardiPlank Type, Stucco, Wood Frame

Exterior Features: Deck, Patio

Fencing: Full, Fenced

Lot Description: Paved

Lot Dimensions: 60x120

Parcel#: 34323-000-000

Parking: Gated, No Garage

Parking Notes: Gated, No Garage

Patio/Porch: Deck, Patio

Security: Fire Alarm

Sewer: Public Sewer

Special View Info: Gulf

Utilities: Cable Connected, Electricity Available

Waterfront: Gulf

Window: Storm Window(s)

Room Sizes

Primary Bedroom: 18 X 29 Level - First

Kitchen: 18 X 15 Level - First

Bonus Room: 18 X 12 Level - First

Florida Room: 17 X 20 Level - First

Bedroom: 18 X 15 Level - First

Bedroom: 18 X 17 Level - First

Florida Room: 18 X 39 Level - First

Local Schools

High School: Arnold

Middle School: Surfside

Elementary School: Hutchison Beach

13011 Oleander Drive | MLS# 787261

This single family home located at 13011 Oleander Drive, Panama City Beach, FL 32407 is currently listed for sale with an asking price of $2,700,000. This property was built in 1940 and has 4 bedrooms and 4 full baths with 2283 sq. ft. Oleander Drive is located in the Bahama Beach subdivision. Search Bahama Beach real estate on ksmith.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: LUXE Properties

Shown By

Agent Name: Karen Smith
Agent Phone: (850) 527-5651
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/16/2026. The listing information on this page last changed on 06/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/16/2026 8:18:26 PM EST) or Emerald Coast MLS (last updated Tue 06/16/2026 8:16:09 PM EST) or Central Panhandle Association of Realtors (last updated Tue 06/16/2026 8:36:55 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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13011 Oleander DrivePanama City Beach, FL 32407