13223 Oleander Drive

Panama City Beach, FL, 32407

$11,597,000

$1,220 per ft²
$11,597,000
$1,220 per ft²
Active
Active
 - For Sale
beds
18 Beds
baths
18 Baths
carpenters-square
9,500 ft²
property_type
Residential
calendar
Built 2015
RENTAL PROJECTIONS OVER $1M ANNUALLY There are beach escapes and then there are grand gulf-front getaways and this 16-bed, 18-bath property is in a league of its own. With the ability to sleep up to 62 people, this home is an established rental powerhouse ideal for an investor looking for a long-term investment in gulf-front property. Complete custom from top to bottom, this unique property blends coastal and rustic decor and has high-end finishes including hand-rubbed cypress flooring throughout, Carrara showers, corrugated metal walls, and a generous gulf-front deck with chaise loungers, rocking chairs and a large walkover path to the gulf. All furniture, decor and artwork in the home was custom selected for this property. Sleeping accommodations are present on all four floors, accessible via private elevator, with king and queen bedrooms and six different bunk rooms. The kitchen boasts double refrigerators (with an extra refrigerator on the first floor), stainless appliances, mirrored cabinets, crystal hardware and marble countertops. Banquette-style seating is plentiful. A large space on the first floor is ideal for events or weddings. The owner's suite offers an en suite bath with pedestal tub. The home is outfitted with a sprinkler system, insulated concrete form walls for low electric bills, industrial staircases indoors and out, two A/C units and an oversized driveway for ample parking. Oleander Drive is one of the only private drives on Front Beach Road that isn't a part of a townhome or condo complex.
MLS® ID:
896718
Listed:
4/24/22
Updated:
10/6/22

Interior Features

Kitchen Appliances
Cooktop, Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer
Total Bedrooms
18
Full Bathrooms
18
Interior Features
Breakfast Bar, Elevator, Floor Hardwood, Furnished - All
Cooling
Ceiling Fan(s)

Exterior/Building Features

Lot Size
7,405 ft² lot
Exterior Features
Deck Covered, Deck Open, Fenced Privacy, Shower
Architectural Style
Other
Lot Details
Bulkhead/Seawall, Survey Available, Within 1/2 Mile to Water

School Information

High School
Arnold
Middle/Jr High
Surfside
Elementary School
Hutchinson Beach

Other Property Details

Area Name
27 - Bay County
HOA Amenities
Beach, Elevators, Waterfront
Garage
No
Parking
N
View
Y
County
Bay
Utilities
Public Sewer, Public Water
Pool
No
Total Stories
4
Zoning
Resid Multi-Family

Property History

Date
Event
Price
Value
10/3/22
Price Change
$11,597,000
0%
9/28/22
Price Change
$11,598,000
0%
9/19/22
Price Change
$11,599,000
0%

Courtesy of Scenic Sotheby's International Realty, Lane Warren,
Listing Contact:  

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Data last updated 1:11 AM UTC, 10/6/22

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