Check Availability
$1,599,000
● House - For Sale

4123 Nancee Drive

Panama City Beach, FL 32408
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,643 Ft²
$9,020
Est. Monthly
$33
HOA / Fees

About This Property

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 decor, 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 decor, generous accommodations, spectacular Gulf views, and exceptional beach access, Castle by the Sea is ready to make a lasting impression.
Unit Size
3,643 Ft²
Days on Market
14 days
Land Size
0.08 acres
Price per sqft
$439
Property Type
House
Property Taxes
$1,135
HOA Dues
$33
Year Built
1998

Listed By

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Last updated: 14 days ago ( #795574)

Price History

Date / Event Date Event Price
Sep 18, 2026 Listed by EXP Realty LLC $1,599,000
Listed by EXP Realty LLC
Apr 27, 2024 No longer available -
No longer available
Mar 7, 2024 Price Decreased $1,399,999
↓ $100K (6.7%)
Price Decreased
Jan 19, 2024 Listed by Keller Williams Success Realty $1,500,000
Listed by Keller Williams Success Realty
Would you like to own your very own Castle by the Sea? **RARE FIND** private beach access & incredible ocean views from each level of the home, multiple balconies and a rooftop with endless ocean view! No crossing public roads to reach the beach from this home- just steps away from the ocean. There are very few homes like this in the panhandle and nothing close for the price. 4 bedroom, 3 bath with an additional loft area! This house has 2 full kitchens, making it perfect for entertaining! Short-term rentals are allowed. Close to dining, shopping, and all that PCB has to offer, and tucked away on a private beach access street without thru traffic. Walking distance to Gypsea Crepes, Finn's Island Style Grub, and Liza's Kitchen-just to name a few. Your beach oasis awaits you, don't miss out! The manager has listed the unit size as 3643 square feet.
Dec 23, 2023 No longer available -
No longer available
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Property Highlights

Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Electric Cooktop, Ice Maker
Rooms: 4
Exterior Details
Square Footage: 3643
Square Footage Source: $0
Security Features: Smoke Detector(s)
Architectural Style: Mediterranean
Year Built: 1998
Building Area Total: 3643
Construction Materials: Stucco
Patio and Porch Features: Deck, Patio, Balcony
Lot Features: Cul-De-Sac
Lot Size Area: 0.08
Lot Size Units: Acres
Lot Size Acres: 0.08
Lot Size Square Feet: 3485
Lot Size Dimensions: 50.0 ft x 75.0 ft
Financial Details
Tax Annual Amount: $13,617
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s)
Location Details
HOA/Condo/Coop Amenities: Beach Rights
HOA Fee: $400
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,746
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,063
  • Gross Building Area: 4,063
  • Building Area: 3,643
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,643
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOLIDAY BEACH ON GULF
  • Land Acres: 0000000086
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 01
  • Legal Description 1: 8 4S 15W -1.7- 58D2 M&B KWN AS LOT 8 OF HOLIDAY BEACH ON GULF UNREC ORB 1821 P 585 ORB 4389 P 1002

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 002605

Zoning

  • Zoning: BC23

Geography

  • Parcel: 30551-070-000
  • Lot: 8
  • Meridian: SEC 08 TWN 04S RNG 15W
  • Municipality: FIRE BEACH MOSQUITO
  • Latitude: 30.1559
  • Longitude: -85.7735

    Address

  • Full Address: 4123 Nancee Dr
  • Address - House Number: 4123
  • Address - Street Name: Nancee
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Panama City
  • Carrier Code: C088
  • 4-Digit Zip Code: 6112
  • Zip Code: 32408

Valuation

    Tax

  • Total Area: 4,055
  • Tax Year: 2023
  • Tax Amount: $879,768
  • Tax Rate Code Area: 056

    Appraisal Valuation

  • Standard Deviation: 0.0983
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 91
  • Final Value: 1,517,716
  • High Value: 1,665,748
  • Low Value: 1,369,685

    Market Valuation

  • Market Total Value: $839,830
  • Market Land Value: $160,520
  • Market Improvement Value: $679,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $591,613

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 12, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021026535
  • Previous Sale Recording Date: Aug 08, 2002
  • Previous Sale Contract Date: Aug 06, 2002
  • Previous Sale Amount: $560,000
  • 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

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Frequently Asked Questions

When was property at 4123 Nancee Drive built and last sold?
The property at 4123 Nancee Drive was built in 1998 and last sold on Mar 30, 2021 for $625,000.
How much is this home worth?
The estimated value of the home located at 4123 Nancee Drive is $1,575,663.
What are some comparable homes to 4123 Nancee Drive?
There are currently no comparable homes to 4123 Nancee Drive.