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21806 Webb Street, Panama City Beach, FL 32413

Hollywood Beach · Bay County

Key Facts

5Beds
5Baths
2,884Sq Ft
2015Year Built
0.31Lot (acres)
2Garage
2Stories

Description

Welcome to a one-of-a-kind beach retreat located on the highly sought after west end of Panama City Beach, south of Highway 98. Now priced over $200,000 below the previous list, this unique coastal estate delivers exceptional value and versatility. Whether you're searching for a full time residence, a second home, or a high performing vacation rental, this property offers a rare opportunity just a short walk from the sugar white sands and turquoise waters of the Gulf. Thoughtfully designed for comfort, space, and income potential, the property includes a spacious main home, a detached carriage house, a private saltwater pool, and even a citrus garden oasis tucked beneath mature oak trees. The main home spans 2,184 square feet and features 4 bedrooms and 4 full bathrooms, including two primary suites (one on each level), each with spa like en suites and generous walk in closets. The open concept layout flows seamlessly from a sun drenched living room into a chef's kitchen outfitted with solid wood cabinetry, granite countertops, stainless steel appliances, and a large breakfast bar. A dedicated dining area offers plenty of room for entertaining. Upstairs, enjoy a bonus living area with a wet bar that opens to an oversized 350 square foot covered balcony, complete with Gulf views and a built in porch swing, perfect for your morning coffee or sunset lounging. Quality finishes like porcelain tile and wood floors run throughout, adding timeless appeal. Outside, your private saltwater pool with tanning shelf invites you to relax or entertain in style. The surrounding deck has been recently resurfaced, and a covered grilling station makes it ideal for poolside gatherings. An outdoor shower provides convenience after a day at the beach or by the pool. Tucked behind the pool, the 660 square foot Carriage House includes a full kitchen, living and dining areas, 1 bedroom, and 1 full bath, perfect for guests, extended family, or short term rental income. It sits above a large two car garage with private bays and additional storage. (Golf cart not included, but negotiable.) A hidden gem of the property is the lush citrus garden, which produces lemons, limes, tangerines, blood oranges, grapefruits, and more. Shaded seating areas beneath the trees create peaceful corners to unwind year round. This is a rare offering in one of Panama City Beach's most desirable pockets, brimming with amenities, income potential, and priced to move. With seller financing available and terms that can be tailored for long term investment success, this retreat is a win for both lifestyle buyers and investors. Schedule your private showing today, opportunities like this don't last long.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Style

Coastal

Year Built

2015

Stories

2

Living Area

2,884 sq ft

Lot Size

0.31 acres

Lot Dimensions

55x243.31

Garage Spaces

2

Days on Market

263

MLS® Listing#

776228

Property Features

Exterior:
Balcony, Outdoor Shower
Appliances:
Bar Fridge, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Cooling:
Central Air, Ceiling Fan(s), Multi Units
Heating:
Central, Electric
Pool:
Gunite, In Ground, Salt Water, Community, Private
Parking:
Additional Parking, Circular Driveway, Garage, Garage Door Opener
Patio:
Covered, Patio, Porch
Fencing:
Partial
Lot Features:
Paved
Construction:
HardiPlank Type
Roof:
Metal
Security:
Secured Garage/Parking
Other Structures:
Guest House
Community:
Pool
Sewer:
Public Sewer

Rooms

  • 12 x 14Second
  • Bedroom11 x 12Second
  • Bedroom11 x 12Second
  • Bonus Room10 x 15Second
  • Dining Room10 x 8First
  • Kitchen10 x 15First
  • Living Room15 x 12First

Schools

Elementary:
West Bay
Middle:
Surfside
High:
Arnold

HOA & Tax

HOA:
None
Annual Tax:
$8,607 (2024)
Parcel #:
35396-020-000

Directions

1. Begin your journey by heading west on Hwy 98, also known as Panama City Beach Parkway. 2. Continue driving for approximately 5 miles, passing Hwy 79 along the way. 3. Once you've gone past Hwy 79, make a left turn onto Kelly Street. 4. Proceed on Kelly Street until you reach Webb Street. 5. Take a left turn onto Webb Street. 6. The property is on the left hand side of Webb Street

Affordability Calculator

$350,000

Estimated monthly payment

$9,314/mo

Principal $1,400,000 · Est. interest $1,953,125 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$471,591
Median Listing Price
116
Median Days on Market
1,410
Median Sq Ft
$354
Median Price / Sq Ft
31,816
Active Listings
  • This home’s price is 271% above the area median.
  • Its price per sq ft is 71% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

  • 21806 Webb Street, Panama City Beach, FL 32413

Nearby Schools

  • Ohana Institute

    School · 3.7 mi away

  • PCB Academy

    School · 4.6 mi away

  • West Bay Elementary School

    Elementary · 6.3 mi away

  • Surfside Middle School

    Secondary · 7.1 mi away

  • Hutchison Beach Elementary School

    Elementary · 8.1 mi away

  • Surfside Kids Academy

    School · 8.6 mi away

  • Arnold Pre K

    Secondary · 8.9 mi away

  • JR Arnold High School

    Secondary · 9.3 mi away

  • Dune Lakes Elementary School

    Elementary · 9.5 mi away

  • Breakfast Point Academy

    School · 9.6 mi away

  • Primary Prep School

    Elementary · 10.4 mi away

  • St Bernadette Early Childhood Development Center

    School · 10.8 mi away

  • Seaside Neighborhood School

    Elementary · 11.7 mi away

  • Twisted Fork Culinary Classroom

    School · 11.8 mi away

  • Emerald Coast Middle School

    Secondary · 11.8 mi away

  • Learning Tree II-Child Development Center

    School · 12.3 mi away

  • Stacey's Fun in the Sun Preschool 2 Inc.

    School · 12.3 mi away

  • The Preschool at Point Washington

    School · 12.3 mi away

  • Bay Elementary School

    Elementary · 12.4 mi away

  • South Walton Montessori Academy

    Elementary · 12.4 mi away

Commute Calculator

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EXIT Agents in Panama City Beach

Listing Courtesy: Real Broker LLC - 8554500442

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX 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. Information deemed reliable but not guaranteed. Copyright ©2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CentralPanhandleAssociationOfRealtors. MLS® Listing#776228. © 2026EXIT Realty®. All rights reserved.