Address
4123 Nancee Drive, Panama City Beach, FL
Price
$ 1,599,000
Property Attributes
  • MLS#795574
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodHoliday Beach On The Gulf
  • Zip32408
  • Style
  • Year Built1998
  • Taxes$ 13617
  • Price$ 1,599,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3643
  • Lot Size0.08 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Who doesn't want to stay in a castle by the sea? This professionally designed short-term rental is already generating over $175,000 annually in 2025-- with room to grow -- and delivers exactly the kind of unforgettable coastal experience that keeps guests coming back. Beautifully refreshed with stylish furnishings, vibrant accents, and thoughtfully curated décor, this fully furnished beach home sits just steps from sugar-white sand and emerald Gulf waters. This spacious three-story residence offers 4 bedrooms, 3 bathrooms, approximately 3,643 square feet, plus a bonus loft -- ideal for entertaining and hosting large groups. Newly styled interiors showcase a sophisticated coastal aesthetic with inviting living spaces, pops of color, contemporary finishes, and two full kitchens for added convenience. Take in breathtaking Gulf views from multiple balconies and the rooftop terrace, or unwind in the outdoor entertaining area with a covered lounge, dining space, and room for games and gatherings. Private beach access means reaching the sand without crossing a public road. Tucked at the end of a quiet, no-through-traffic street, the property balances privacy with convenience, minutes from popular restaurants, shopping, and entertainment. Short-term rentals are permitted, making this a rare opportunity for investors seeking a beautifully furnished, income-producing vacation rental -- or buyers wanting a stunning personal coastal escape. With designer-inspired décor, generous accommodations, spectacular Gulf views, and exceptional beach access, Castle by the Sea is ready to make a lasting impression.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
9/18/2026 Listed $1,599,000

General Features

Utilities Cable Connected,Electricity Available
Property Subtype Single Family Residence
Tax Year 2025
Community Features Barbecue,Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Holiday Beach On The Gulf
Special Listing Conditions Listed As-Is
Status Active
Directions From Thomas Drive, head south on Nancee Drive. Continue to the end of the street; the property will be on the left.
High School Arnold
City Panama City Beach
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 3485
Elementary School Patronis
Tax Annual Amount 13617.4
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional Single Family Residence
Association Amenities Beach Rights
Occupancy Type Tenant
Year Built 1998
Cooling Central Air,Ceiling Fan(s)
Appliances Electric Cooktop,Ice Maker
Patio/Porch Features Balcony,Deck,Patio
Construction Materials Stucco
Attached Garage false
Garage Y/N true
Total Rooms 4
Full Baths 3
Garage Spaces 2
Architectural Style Mediterranean
HOA Fee 400
Assoc Fee Paid Per Annually
Security Features Smoke Detector(s)
New Construction false
Roof Metal

Interior Features

Total Baths 3
Furnished Units All Units
Air Conditioning Y/N true
Total Bedrooms 4
LivingAreaSource Appraiser

Exterior Features

Lot Features Cul-De-Sac
Lot Size Area 0.08
Lot Dimensions 50.0 ft x 75.0 ft
Lot Size Acres 0.08
Road Frontage Type City Street
Building Area Total 3643
Waterfront Y/N false
Exterior Amenities Barbecue,Deck,Patio,Outdoor Shower
Road Responsibility Public Maintained Road
Fencing Partial

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 32408

Price
AVG $930K
$1.6M
Taxes
AVG $6,499
$13,617
Year Built
AVG 2001
1998

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