INVESTORS ALERT - MOTIVATED SELLER!
Priced over $50K less than the last recent sale.
Here is an incredible opportunity to own buy right with instant equity. This luxury vacation home is in the desirable West end of Panama City Beach. Not only is this large townhome just a stone's throw from the white sugar sand of the World's Most Beautiful Beaches, but it is also an easy walk or golf cart ride to Pier Park, Frank Brown Park, and countless restaurants and businesses! This super-spacious property is a perfect short-term vacation rental for your investment portfolio. As a full-time vacation rental, there is a six-figure potential for annual income! The proximity to Frank Brown Park opens a demand year-round with sports events, concerts, and more! Guests can also relax and enjoy a private pool shared by just ten units. Upon arrival, the parking is covered and directly outside your front door. The ground level is easily accessible with no stairs, and it can also lock out as a private studio suite complete with a kitchen. The second level features 10' ceilings, a gorgeous kitchen with new appliances, and a spacious living area for your guest to relax in the comfort of this best beach getaway, bedroom suite, and balcony with Gulf views. The third floor is a luxurious and enormous suite with a large living area, private bath, and balcony with stunning Gulf views. This beautiful home has been updated and is completely move-in ready, complete with all furnishings, fixtures, and everything you need, from towels and linens to all-new memory foam beds, TVs, and more.
Sold for $496,000 on 08/09/24
$496,000
240 S Arnold Rd #3B, Panama City Beach, FL 32413
3beds
1,944sqft
Townhouse
Built in 2007
-- sqft lot
$489,000 Zestimate®
$255/sqft
$3,776 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 12:38am
Listed by:
Hope Abbott, PA 850-596-7653,
Keller Williams Realty Emerald
Bought with:
Caitlyn P Tajon, SL3435634
Counts Real Estate Group Inc
Source: CPAR,MLS#: 759065
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: Third
- Dimensions: 26 x 16
Bedroom
- Level: Second
- Dimensions: 12 x 12
Other
- Level: Third
- Dimensions: 7 x 9
Other
- Level: Second
- Dimensions: 7 x 9
Other
- Level: First
- Dimensions: 7 x 9
Other
- Level: Second
- Dimensions: 5 x 8
Other
- Level: Third
- Dimensions: 6 x 8
Other
- Level: First
- Dimensions: 17 x 6
Living room
- Level: Second
- Dimensions: 16 x 13
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Multi Units
Appliances
- Included: Electric Range
Interior area
- Total structure area: 1,944
- Total interior livable area: 1,944 sqft
Property
Parking
- Parking features: Additional Parking
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck, Balcony, Covered, Patio, Porch
- Exterior features: Deck, Patio
- Pool features: In Ground, Community
- Fencing: Partial
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
Lot
- Features: Paved
Details
- Parcel number: 33422030007
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, Water Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Pool, Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: El Centro Beach
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$489,000
2% more+$9,780
With Zillow Showcase(estimated)$498,780