BEDS3
BATHS2 full
SQUARE FEET1,588
MLS#790042
STATUSActive Under Contract
PROPERTY TYPEResidential - Single Family
SUBDIVISIONTreasure Island
Property Description
''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.
Property Features
Property Type: Residential - Single Family
Cooling: Central Air, Ceiling Fan(s)
Fenced: Yes
Garage: 2
Heating: Central, Electric
Home Style: Coastal
Lot Size: 0.15 Acres
Roof Type: Composition, Shingle
Taxes: $5,028
Year Built: 2013
Amenities
Coffered Ceiling(s)
Double Vanity
Main Level Primary
Walk-In Closet(s)
Feature Descriptions
Appliances: Electric Oven, Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 63
Exterior: Stucco
Fencing: Full, Fenced, Privacy
Lot: Paved
Lot Dimensions: 68x144
Parcel#: 31471-010-000
Patio/Porch: Covered, Patio
Pool: In Ground, Salt Water, Private
Security: Smoke Detector(s)
Swimming Pool: Yes
Utilities: Electricity Available
Room Sizes
Living Room: 15.6 X 18.2 Level - First
Dining Room: 8 X 10.7 Level - First
Primary Bedroom: 13.2 X 17.9 Level - First
Bedroom: 11 X 12 Level - First
Bedroom: 11 X 12 Level - First
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: Patronis
Listed By / Shown By
Listed By
Agency Name: Legacy Premier Agency
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimate Your Payment
Estimated Payment
$ 1,901.65 per month $1,310.86 Principal & Interest $419.00 Property Tax $171.79 Homeowner's Insurance
3518 Treasure Circle | MLS# 790042
This single family home located at 3518 Treasure Circle, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $589,000. This property was built in 2013 and has 3 bedrooms and 2 full baths with 1588 sq. ft. Treasure Circle is located in the Treasure Island subdivision. Search Treasure Island real estate on www.premierfl.com today.