$1,445,000

116 Riviera Dr Panama City Beach, FL 32413

$10,000
Closing credit¹
5 beds
4 full, 1 partial
2,705 sqft
0.05 acres
$534 / sqft
House

Property details

About 116 Riviera Dr

Welcome to your dream beach retreat! This spacious and beautifully appointed 5-bedroom, 4.5-bathroom home offers the perfect blend of comfort, style, and location. Built in 2020, the home spans three levels of thoughtfully designed living space, ideal for large families, or investment potential. Enjoy breathtaking Gulf and lake views from multiple balconies, where you can relax with a morning coffee or unwind at sunset. With three master bedrooms, everyone enjoys a private, restful retreat. The home also includes multiple living areas: a bright, open-concept main level with a large, modern kitchen perfect for entertaining, and additional living spaces on the first and third floors, each equipped with a kitchenette for added convenience. Step outside your back door and youre only a few feet from the community poolperfect for an afternoon dip or lounging under the sun. And with beach access just 100 yards away at Access 86, your toes can be in the sand within minutes. From the sleek, modern furniture and décor to the generous layout and luxury finishes, this home truly has it all. Whether youre looking for a permanent residence, vacation getaway, or an income-generating rental, this gem checks every box. Dont miss this rare opportunity to own a piece of paradise!

Highlights

Home typeSingle Family Residence
StatusActive
CoolingCentral Air
Size2,705 sqft
Lot size0.05 Acres
Year built2020
MLS #974766
Attached garage2 spaces
ViewLake, Gulf

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Interior: Ceiling Crown Molding, Raised Ceiling
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • View: Lake, Gulf
  • Exterior: Balcony, BBQ Pit/Grill
  • Architectural Style: Beach House
  • Cooling: Central Air
  • List Price: $1,445,000
  • Price/SqFt: $534
  • HOA Amount: $250 Monthly
  • Annual Tax Amount: $11,005
  • Tax Year: 2023
  • Lot: Within 1/2 Mile to Water
  • Directions: If traveling East on front beach road, turn left onto Riviera Drive and 116 Riviera will be the last house on the right in the Riviera Beach Development.
  • Year Built: 2020
  • Stories: 3
  • Living Area: 2,705 SqFt
  • Lot Size: 0.05 Acres
  • MLS Number: 974766
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: EXP Realty LLC
  • Office Email: fl.admin@exprealty.net
  • Listing Agent: Rush Valentine

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 9:40:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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116 Riviera Dr, Panama City Beach, FL 32413 - drone / aerial view featuring a water view and a residential view

$1,445,000

116 Riviera Dr

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Dec 22, 2020
Home Sold
$967,500
Jul 17, 2018
Home Sold
$109,900

Tax history

YearAssessmentProperty Tax
2023$958,925$11,005
2022$739,250$8,590
2021$713,632$8,590
2020$65,383$925
2018$44,073$588
2017$40,066$504

History based on county public records data.

Nearby schools

5

West Bay Elementary School

Public District KG-5

6.1 mi

14813 School Dr

7

Hutchison Beach Elementary School

Public District KG-5

7.8 mi

12900 Hutchison Blvd

7

Patronis Elementary School

Public District KG-5

12.6 mi

7400 Patronis Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,286. Residents of Panama City Beach, FL typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

34%
<35k
39%
35k-100k
18%
100k-200k
9%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

46%
Single, No Kids
8%
Single, with Kids
34%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Dollar GeneralDollar General
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • BuickBuick
  • RamRam
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Classic CountryClassic Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 116 Riviera Dr

The listing price of 116 Riviera Dr property is $1,445,000.

The property 116 Riviera Dr is a house located in Panama City Beach, Florida, 32413.

Active Listing: 116 Riviera Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 116 Riviera Dr are: West Bay Elementary School (GreatSchools Rating 5/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Patronis Elementary School (GreatSchools Rating 7/10), Surfside Middle School (GreatSchools Rating 6/10), Breakfast Point Academy (GreatSchools Rating 6/10), Emerald Coast Middle School (GreatSchools Rating 6/10), J.R. Arnold High School (GreatSchools Rating 5/10), Seaside Neighborhood School (GreatSchools Rating 10/10), South Walton High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $11,005 (source: MLS/based on county public records data).

The last sale was on December 22, 2020 for $967,500 (source: MLS/tax record).

The property at 116 Riviera Dr has 5 bedrooms and 4 full and 1 half bathrooms.

The property 116 Riviera Dr is 2,705 SqFt (source: MLS/tax record).

The year of construction for 116 Riviera Dr is 2020.

This home is located at 116 Riviera Dr in Panama City Beach, FL and zip code 32413 in the Riviera Beach neighborhood. This 2,705 square foot home, which was built in 2020, sits on a 0.05 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 25, 2025 and is currently priced at $1,445,000.

Panama City Beach, FL housing market in May 2025 saw over 2 listings sold above listed price, more than 25 sold at listed price and over 111 sold below. In May 2025 in Panama City Beach, FL there were 6.2% more homes for sale than in April. While the average time on the market in May 2025 was 95 days, the median list price was $440,000.

From Rocket Homes Real Estate and based on county public records data.

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