203 George C Wallace BLVD, Panama City Beach, FL 32413
203 George C Wallace BLVD, Panama City Beach, FL 32413
203 George C Wallace BLVD, Panama City Beach, FL 32413
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$1,450,000
Est. payment /mo
5 Beds
4 Baths
2,904 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,904 sqft

Price per Sqft $499

Subdivision Laguna Beach 7Th Addn

MLS Listing ID 1013472

Style Beach House

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 2024

Annual Tax Amount $7,304

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 50 x 65

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 2904

Property Description

With the lake stretching beyond the backyard and glimpses of the gulf from both levels, this custom-built 2024 home creates a coastal setting that feels connected to the water from nearly every angle. Designed with equal attention to entertaining, everyday comfort and investment potential, the five-bedroom, four-bath residence pairs generous indoor living spaces with a private heated pool, outdoor summer kitchen and public beach access just 1,100 feet away.

Inside, the open main living area brings the kitchen, dining and gathering spaces together with an easy flow to the outdoor areas. The designer kitchen features custom cabinetry, stainless steel appliances, and a dedicated wine bar, creating a polished centerpiece for entertaining. Custom tile work and carefully selected finishes continue throughout the home, while a seven-zone Sonos audio system extends from the interiors to the pool and outdoor living spaces. The first floor offers valuable flexibility for guests with a bedroom, full bath, and a custom bunk room well suited for larger groups.

Upstairs, the primary suite opens directly to a spacious balcony overlooking the lake with views toward the gulf. A second king bedroom also enjoys balcony access and water views, while additional guest accommodations provide privacy with ensuite or conveniently located baths. A spacious second living area, complete with a queen sleeper and 75-in. television, gives owners and guests another place to gather or unwind. Outside, the heated in-ground pool anchors a private retreat designed for use well beyond the summer months. The summer kitchen makes outdoor dining and entertaining effortless, while built-in Sonos speakers and an outdoor television carry the home's entertainment features poolside. The lakefront setting adds an open-water backdrop, yet the gulf is still close at hand with public beach access less than a quarter mile away. The surrounding area is also golf-cart friendly, adding another convenient way to reach the beach and nearby destinations.

Offered fully furnished, the home is positioned for immediate enjoyment as a primary residence, second home or vacation rental. Current rental projections are approximately $110,000, adding an income component to an already compelling coastal property. An estimated first-year bonus depreciation of approximately $296,380 may provide an additional consideration for qualifying investment buyers, subject to individual tax circumstances and professional tax guidance.

With lake frontage, gulf views, a private pool and extensive indoor-outdoor entertainment features, this furnished home offers a distinctly versatile approach to coastal ownership.

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Single Family

Direction From Inlet Beach, head east on Highway 98 (Panama City Beach Parkway). Turn right onto George C. Wallace Boulevard. The home is the last blue house on the right.

Rooms

Primary Bedroom Level Upper

Master Bedroom true

Kitchen true

Interior

Interior Features Breakfast Bar, Kitchen Island, Lighting Recessed

Heating Central

Cooling Central Air

Flooring Floor Tile

Furnishings Furnished - All

Window Features Double Pane Windows

Appliance Dishwasher, Freezer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Wine Refrigerator, Water Heater - Elect

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Fenced Back Yard, Shower, Summer Kitchen, In-Ground Pool, Heated Pool, Open Patio, Porch, Open Porch, Fenced Lot (All), Fenced Backyard, Summer Kitchen, BBQ / Grill, Outdoor Shower, Balcony

Parking Features Converted Garage

Fence Fenced Lot-All

Pool Pool - Heated, Pool - In-Ground, Pool Type

Utilities Available Electric, Public Water

Waterfront Description Lake

View Lake, Gulf

Roof Type Metal

Street Surface Paved

Porch Patio Open, Porch, Porch Open

Garage No

Building

Lot Description Corner, Within 1/2 Mile to Water

Faces From Inlet Beach, head east on Highway 98 (Panama City Beach Parkway). Turn right onto George C. Wallace Boulevard. The home is the last blue house on the right.

Story 2

Foundation Slab

Sewer Public Sewer

Architectural Style Beach House

New Construction No

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 38173-010-000


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 Emerald Coast MLS - IDX
Listed by Marc A Miller Scenic Sotheby's International Realty

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Meagan Elder

Meagan Elder

+1(850) 612-1625

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