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119 Southfields Road #119 & 121, 
Panama City Beach, FL 32413

$1,500,000


7

Beds


7

Baths


3,864

Sq Ft


Single Family

Pending

Listed by

Paul D Gibney

Corcoran Reverie

Last updated:

April 15, 2026, 07:21 AM

MLS#

787608

Source:

FL BCMLS

About This Home

119 Southfields Road #119 & 121

Exceptional investment opportunity on the west end of Panama City Beach, located just one block from Beach Access 93. This unique offering includes two separate three-story homes positioned in an estate-style layout, centered around a private pool and shared outdoor entertaining space. The property is being sold as one parcel and includes a 1,818 sq ft home and a 2,046 sq ft home, totaling 3,864 sq ft under roof. Both homes are fully furnished and turnkey, with strong short-term rental history and consistent occupancy. Combined, the property comfortably accommodates over 22 guests, making it ideal for large groups and maximizing rental income potential. Actual rental figures available upon request. Each home features updated bathrooms, modern fixtures, and multiple living areas designed for guest comfort. The second and third floors offer Gulf views with no obstructed sightlines, a rare feature for this proximity to the beach. No HOA and short-term rentals are allowed, providing flexibility for both investors and personal use. The outdoor space is designed for entertaining, with ample room for grilling, gathering, and enjoying the private pool that separates the two residences. Positioned on the desirable west end of PCB, this property offers easy access to the beach, dining, and local attractions while maintaining a more private, residential feel.

Home Facts

Single Family

7 Baths

7 Bedrooms

Built in 2004

Price Summary

1,500,000

$388 per Sq. Ft.

MLS #:

787608

Last Updated:

April 15, 2026, 07:21 AM

Added:

17 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

6

Interior

Living Area:

3,864 Sq. Ft.


Structure

Structure

Architectural Style:

Coastal

Building Area:

3,864 Sq. Ft.

Year Built:

2004


Lot

Lot Size (Sq. Ft):

3,920


Finances & Disclosures

Finances

Price:

$1,500,000

Price per Sq. Ft:

$388 per Sq. Ft.

Source:FL BCMLS
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Corcoran Reverie is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Corcoran Reverie, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.