Price Reduction - Water Views
Address
167 Downing Street, Panama City Beach, FL
Price
$ 2,450,000
Property Attributes
- MLS#793670
- TypeSingle Family
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodGulf Vista Sec 2
- Zip32413
- Style
- Year Built2021
- Taxes$ 6826
- Price$ 2,450,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage3580
- Lot Size0.34 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Open to Owner Financing, Creative Financing or Interest Rate Buy Down Offering! Discover an exceptional Panama City Beach coastal residence offering luxury, convenience, and the freedom of NO HOA living just minutes from the Gulf. Located less than half a mile from the beach, this custom-designed 4 bedroom, 4.5 bath and 2 bonus rooms, the home offers 3,580 square feet of beautifully crafted living space with a private residential elevator, two spacious living areas, a dedicated office, and an impressive collection of upgrades throughout. Designed for the coastal lifestyle, this home provides the perfect blend of indoor comfort and outdoor potential. The expansive backyard offers endless possibilities to create your own private oasis with room for a pool, spa, outdoor kitchen, fire pit, and additional entertaining spaces. Whether enjoying quiet evenings at home or hosting family and friends, this property offers the space and flexibility. Inside, the attention to detail is immediately evident with 12-foot ceilings on the main level, 10-foot ceilings upstairs, 8-foot solid wood doors, elegant crown molding, 9-inch baseboards, plantation shutters, custom built-ins, and beautiful wood-look tile flooring throughout the main living areas. The gourmet kitchen is designed for those who love to cook and entertain, featuring premium KitchenAid appliances including a commercial refrigerator, 48-inch gas double oven range and additional upgraded appliances. The open living areas feature custom built-ins, Bose surround sound, Marantz receiver, Sony entertainment system, and an included 85-inch Samsung QLED Smart TV. The upgraded residential elevator features maple wood paneling, custom lighting, and a steel accordion interior door. The primary suite offers a private retreat with a spa-like bathroom featuring a Kohler Stargaze 72x36 freestanding tub, Delta gold fixtures, upgraded tile selections, and designer finishes. Additional bathrooms include upgraded fixtures and Kohler comfort-height elongated toilets. The outdoor space offers endless possibilities with an expansive backyard ready for a pool, spa, outdoor kitchen, and fire pit. Enjoy the low-maintenance Trex deck, outdoor sound system, TV connections, and gas/electric prewiring for future outdoor upgrades. The irrigation system is supported by a private well. Built by Koehnemann Construction, this home features enhanced structural support, high-impact steel windows and doors, high-impact sliding glass doors, custom Clopay high-impact garage doors, steel roof-to-foundation tie-downs, and a waterproof roof membrane system. Additional features include a 2025 Navien tankless gas water heater, generator prewiring, paver driveway and walkway, Emtek hardware, finished attic storage, under-stair storage, and custom cabinetry throughout. This Panama City Beach home offers what buyers are looking for: No HOA, beach access less than half a mile away, luxury upgrades, exceptional construction, and room to create the ultimate coastal backyard retreat.
| Elementary School | Middle School | High School |
|---|---|---|
| West Bay Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 8/6/2026 | Listed $2,590,000 |
| 9/8/2026 | 5$2,450,000 |
General Features
| Utilities | Cable Connected,Electricity Available,Underground Utilities |
|---|---|
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Community Features | Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Gulf Vista Sec 2 |
| Status | Active |
| Buyer Financing | Other |
| Directions | Turn into front beach road at the light right after carillon beach and drive a few miles. Take a left into S lakeview Dr and turn right into 167 Downing St. For sale sign is outside. |
| High School | Arnold |
| City | Panama City Beach |
| Zoning Description | Resid Single Family |
| MLS Area | 03 - Bay County - Beach |
| Lot Size Units | Acres |
| Lot Size Square Feet | 14810 |
| Elementary School | West Bay |
| Land Lease Y/N | false |
| Tax Annual Amount | 6826.81 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0324 - Beach - West Central |
| Standard Status | Active |
| Property Sub Type Additional | Single Family Residence |
| Occupancy Type | Tenant |
| Year Built | 2021 |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Gas Oven,Gas Range,Ice Maker,Tankless Water Heater |
| Patio/Porch Features | Balcony,Deck,Open,Porch,Screened |
| Construction Materials | HardiPlank Type |
| View | Gulf,Water |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 8 |
| Full Baths | 4 |
| Virtual Tour | https://player.vimeo.com/video/1215880799?byline=0&title=0&owner=0&name=0&logos=0&profile=0&profilepicture=0&vimeologo=0&portrait=0 |
| Garage Spaces | 2 |
| Architectural Style | Craftsman |
| Stories Count | 2 |
| Levels | Two |
| New Construction | false |
| Senior Community Y/N | false |
| Accessibility | Accessible Full Bath,Accessible Bedroom,Accessible Elevator Installed,Visitor Bathroom |
| Roof | Shingle |
Interior Features
| Total Baths | 5 |
|---|---|
| Interior Amenities | Double Vanity,Main Level Primary,Soaking Tub,Separate Shower,Tub Shower,Walk-In Closet(s) |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
| Total Stories | 2 |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Size Area | 0.34 |
| Lot Dimensions | 117x98x136x46x17x28 |
| Lot Size Acres | 0.34 |
| Building Area Total | 3580 |
| Waterfront Y/N | false |
| Exterior Amenities | Covered Patio,Deck,Porch |
| Fencing | Full,Fenced |
| Foundation Details | Slab |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 32413
Price
Taxes
Year Built
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively 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.
