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124 Coral Drive
Panama City Beach, FL 32413

$239,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,191
MLS Icon MLS# 788017

Investor Special in Prime Panama City Beach Location - Endless Potential! Welcome to 124 Coral Drive in Panama City Beach, a rare opportunity to transform a property with incredible potential in one of the most desirable areas of the Gulf Coast. Whether you're an investor, renovator, or buyer looking to create your dream beach retreat, this property offers the perfect canvas in an unbeatable location. Situated just minutes from the white sugar-sand beaches of the Gulf of Mexico, this home is also conveniently located near Pier Park, Panama City Beach's premier destination for shopping, dining, and entertainment, including the exciting Pirates Voyage Dinner & Show, Topgolf, restaurants, boutiques, and year-round attractions. This 3-bedroom, 2-bath home with a 1-car garage offers a spacious layout ready for your vision and updates. The property features a screened porch perfect for enjoying coastal breezes, a fully fenced backyard, and a large 12 x 24 storage building/workshop that provides excellent additional storage or workspace. The home needs significant updating and renovation, including new flooring and kitchen and bathroom updates, and is priced accordingly--making it an outstanding opportunity for those looking to add value, renovate, and maximize investment potential. With its prime Panama City Beach location, proximity to the beach, Pier Park, and major attractions, this property could be transformed into a fantastic primary residence, vacation home, or income-producing investment property. Opportunities like this in Panama City Beach don't last long--bring your vision and unlock the potential of this coastal investment!

Property Features

MLS#: 788017
Zip: 32413
Subdivision:
Development: 0322 - Beach - North West
Property Type: Residential - Single Family
Cooling: Central Air
Days on Site: 1
Fenced: Yes
Garage: 1
Heating: Central
Home Style: Ranch
Lot Size: 0.22 acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $1,210
Year Built: 1980
SQFT (H&C): 1,191

Feature Descriptions

Community Features: Short Term Rental Allowed
Exterior: Brick
Exterior Features: Porch
Fencing: Full, Fenced
Parcel#: 33196-000-000
Patio/Porch: Porch, Screened
Sewer: Public Sewer

Room Sizes

Bedroom: 12 X 10 Level - First
Living Room: 20 X 12 Level - First
Primary Bedroom: 12 X 13 Level - First

Local Schools

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

124 Coral Drive | MLS# 788017

This single family home located at 124 Coral Drive , Panama City Beach, FL 32413 is currently listed for sale with an asking price of $239,000. This property was built in 1980 and has 3 bedrooms and 2 full baths with 1191 sq. ft. Search Panama City Beach real estate on the-beninateam.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Epique Realty Inc

Shown By

Agent Name: Lauren and Nick Beninate
Agent Phone: (706) 615-5336
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 04/09/2026. The listing information on this page last changed on 04/09/2026. 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 Thu 04/09/2026 8:23:09 AM EST) or Emerald Coast MLS (last updated Thu 04/09/2026 8:15:28 AM EST) or Central Panhandle Association of Realtors (last updated Thu 04/09/2026 1:17:22 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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