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203 George C Wallace Boulevard, Panama City Beach, FL 32413

$1,450,000
  • 203 George C Wallace Boulevard, Panama City Beach, FL 32413 Main Photo

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New to the Market Active
BEDS5 BATHS4 full SQUARE FEET2,904 MLS#1013472
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONLAGUNA BEACH 7TH ADDN NEIGHBORHOOD27 - Bay County

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.

203 George C Wallace Boulevard | MLS# 1013472

This single family home located at 203 George C Wallace Boulevard, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $1,450,000. This property was built in 2024 and has 5 bedrooms and 4 full baths with 2904 sq. ft. George C Wallace Boulevard is located in the LAGUNA BEACH 7TH ADDN subdivision. Search LAGUNA BEACH 7TH ADDN real estate on online.fusion2b.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Beach House
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $7,304
Year Built: 2024

Feature Descriptions

Appliances: Dishwasher, Freezer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Wine Refrigerator, Water Heater - Elect
Days on Site: 2
Exterior: Siding CmntFbrHrdBrd
Exterior: Balcony, BBQ Pit/Grill, Fenced Back Yard, Shower, Summer Kitchen
Fencing: Fenced Lot-All
Financing Terms: Conventional
Flooring: Floor Tile
Foundation: Slab
Interior: Breakfast Bar, Kitchen Island, Lighting Recessed
Lot: Corner, Within 1/2 Mile to Water
Lot Dimensions: 50 x 65
Parcel Number: 38173-010-000
Parking: Converted Garage
Patio/Porch: Patio Open, Porch, Porch Open
Pool Features: Pool - Heated, Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Road Surface: Paved
Rooms Total: 13
Sewer: Public Sewer
Special View Info: Lake, Gulf
Sub Type: Detached Single Family
Utilities: Electric, Public Water
Waterfront: Lake
Window: Double Pane Windows

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

Listed By / Shown By

Listed By

Agency Name: Scenic Sotheby's International Realty

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Emerald Coast MLS

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Estimated Payment

$ 4,258.65 per month $3,227.07 Principal & Interest $608.67 Property Tax $422.92 Homeowner's Insurance

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