See Home Value
$580,500
● House - Off Market

3518 Treasure Circle

Panama City Beach, FL 32408
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,588 Ft²
$3,366
Est. Monthly

About This Property

''CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS'' This is a cash flowing machine! Perfectly positioned in Panama City Beach's desirable South Lagoon area, this 3BR/2BA home blends coastal comfort with strong investment potential. Just minutes from Beach Access 7, the home features an open-concept layout, stainless steel appliances, wood-look tile flooring in the main living areas, and a spacious primary suite with Trey ceilings. Step outside to a large covered patio overlooking a brand new heated pool installed in 2025, perfect for relaxing or entertaining. Major updates include a new roof in 2022. Currently operating as a successful short-term rental with over $65,000 in gross revenue already in 2025 and on track to exceed that. Whether you're looking for a primary residence, second home, or income-producing beach property, this one checks the boxes.
Unit Size
1,588 Ft²
Days on Market
65 days
Land Size
0.15 acres
Price per sqft
$378
Property Type
House
Property Taxes
$419
HOA Dues
-
Year Built
2013

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Last updated: 3 months ago (ECAR #1003365)

Price History

Date / Event Date Event Price
Jul 22, 2026 Sold
Sold
Jun 23, 2026 In contract -
In contract
May 18, 2026 Listed by Legacy Premier Agency LLC $600,000
Listed by Legacy Premier Agency LLC
May 3, 2016 Sold
Sold
Feb 25, 2013 Sold
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,577
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,072
  • Gross Building Area: 2,072
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TREASURE ISLAND
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: TREASURE ISLAND LOT 6 BLK 1 ORB 3792 P 1013

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002607

Zoning

  • Zoning: BC15

Geography

  • Parcel: 31471-010-000
  • Block: 1
  • Lot: 6
  • Meridian: SEC 16 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1471
  • Longitude: -85.7524

    Address

  • Full Address: 3518 Treasure Cir
  • Address - House Number: 3518
  • Address - Street Name: Treasure
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Panama City
  • Carrier Code: C011
  • 4-Digit Zip Code: 6846
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 1,949
  • Tax Year: 2023
  • Tax Amount: $242,916
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 67
  • Final Value: 505,789
  • High Value: 624,234
  • Low Value: 387,344

    Market Valuation

  • Market Total Value: $353,970
  • Market Land Value: $154,552
  • Market Improvement Value: $199,418

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $235,129

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2016
  • Current Sale Recording Date: May 03, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016022952
  • Previous Sale Recording Date: Feb 25, 2013
  • Previous Sale Contract Date: Feb 22, 2013
  • Previous Sale Amount: $179,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Treasure Island Section One


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Frequently Asked Questions

When was property at 3518 Treasure Circle built and last sold?
The property at 3518 Treasure Circle was built in 2013 and last sold on Apr 29, 2016 for $237,000.
How much is this home worth?
The estimated value of the home located at 3518 Treasure Circle is $607,124.
What are some comparable homes to 3518 Treasure Circle?
There are currently no comparable homes to 3518 Treasure Circle.