

124 Coral Drive, Panama City Beach, FL, 32413
Bedroom
3 Rooms
Bathroom
2 Baths
Square Foot
1191 Ft
Lot Size
0.22 Acres
Investor Special in Prime Panama City Beach Location - Endless Potential! Welcome to 124 Coral Drive in Panama City Beach, a rare opportunity to transform a property with incredible potential in one of the most desirable areas of the Gulf Coast. Whether you're an investor, renovator, or buyer looking to create your dream beach retreat, this property offers the perfect canvas in an unbeatable location. Situated just minutes from the white sugar-sand beaches of the Gulf of Mexico, this home is also conveniently located near Pier Park, Panama City Beach's premier destination for shopping, dining, and entertainment, including the exciting Pirates Voyage Dinner & Show, Topgolf, restaurants, boutiques, and year-round attractions. This 3-bedroom, 2-bath home with a 1-car garage offers a spacious layout ready for your vision and updates. The property features a screened porch perfect for enjoying coastal breezes, a fully fenced backyard, and a large 12 x 24 storage building/workshop that provides excellent additional storage or workspace. The home needs significant updating and renovation, including new flooring and kitchen and bathroom updates, and is priced accordingly--making it an outstanding opportunity for those looking to add value, renovate, and maximize investment potential. With its prime Panama City Beach location, proximity to the beach, Pier Park, and major attractions, this property could be transformed into a fantastic primary residence, vacation home, or income-producing investment property. Opportunities like this in Panama City Beach don't last long--bring your vision and unlock the potential of this coastal investment!
Contact Agent
Panama City Beach Expert Agent
Additional Listing Details:
1 day on HouseJet
Last Refresh: 03/13/2026 09:00:04 AM UTC
MLS #: 786638
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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