$6,055

closing credit¹

3923 Ocean View Dr Panama City, FL 32408

$509,900
3 beds
2 full
2,462 sqft
0.2 acres
$207 / sqft
House

Property details

About 3923 Ocean View Dr

Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size2,462 sqft
Lot size0.16 Acres
Year built1975
ParkingAttached, Driveway, Garage, Garage Door Opener
MLS #760055
Attached garage1 space

Summary

  • MLS Number: 760055
  • MLS Name: BCAR
  • Office Name: Seltzer Real Estate, LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© 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: 1/18/2025, 11:55:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$509,900

3923 Ocean View Dr

$6,055

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Patronis Elementary School

Public District KG-5

1.1 mi

7400 Patronis Dr

5

Hutchison Beach Elementary School

Public District KG-5

4.3 mi

12900 Hutchison Blvd

3

Lucille Moore Elementary School

Public District PK-5

4.5 mi

1900 Michigan Ave

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 $73,465. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

18%
<35k
44%
35k-100k
36%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

59%
Single, No Kids
8%
Single, with Kids
24%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
47%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Continuing Education CoursesContinuing Education Courses
  • SoccerSoccer
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21
  • Chico'sChico's

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • VolkswagenVolkswagen
  • MazdaMazda
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 3923 Ocean View Dr

This home is located at 3923 Ocean View Dr in Panama City, FL and zip code 32408 in the Silver Sands neighborhood. This 2,462 square foot home, which was built in 1975, sits on a 0.16 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 8, 2024 and is currently priced at $509,900.

Panama City, FL housing market in December 2024 saw over 11 listings sold above listed price, more than 39 sold at listed price and over 146 sold below. The inventory of homes for sale in Panama City, FL between November and December 2024 decreased by 1.4%. The median list price of listings available in December 2024 was $339,456, while the average time on the real estate market was 79 days.

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

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