Address
201 Armstrong Circle, Panama City Beach, FL
Price
$ 575,500
Property Attributes
  • MLS#786986
  • TypeSingle Family
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • Area03 - Bay County - Beach
  • NeighborhoodGulf Highlands Unit-2
  • Zip32413
  • Style
  • Year Built1978
  • Taxes$ 2498
  • Price$ 575,500
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2494
  • Lot Size0.17 Acres
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Spacious Panama City Beach Home with Private Entrance Mother-In-Law Suite/Apartment - just minutes to the Beach and the new Tallahassee Memorial Hospital! Centrally located in the heart of Panama City Beach, this inviting home offers flexible living space, thoughtful updates, and outdoor features designed for everyday enjoyment. Just 1/8 mile to the beach, five minutes to the new hospital, ten minutes to Pier Park and just 20 minutes to the International Airport, the home is also nestled in a neighborhood known for its great location to shopping, dining, neighbors, nearby park, and festive seasonal decorations that make it especially enjoyable for families. A standout feature is the private attached mother-in-law suite/apartment with its own separate entrance, offering a bedroom, private bathroom, huge walk-in closet, and additional living/bonus space. This layout provides excellent flexibility for extended family, guests, a private workspace, or a quiet retreat. A centrally located home office, craft room/bonus room adds even more versatility. The main home features an open floor plan with granite countertops, updated cabinetry, Luxury Vinyl Plank and tile flooring, all completed during the 2017 renovation. Additional updates include new garage doors and a metal roof replaced in 2017. Important system updates include two separate AC units (front and back zones), with duct work added to the mother-in-law suite/apartment. Units were replaced in 2017 and 2018. Interior updates in 2017 also included tubs, tile, carpet, and the mother-in-law suite/apartment bathroom. Outdoor features add even more appeal with a pergola-covered area perfect for relaxing or entertaining, added backyard sidewalks, a widened driveway, and a privacy fence installed in 2022. The property also includes a two-car garage and wiring already installed for security cameras (just add your own hard drive). This home has been well loved and well lived in, filled with years of family memories. Even more reassuring for buyers in the area, the property has experienced no flooding and no homeowners insurance claims. This is a phenomenal property with so many options! It can be a primary residence with an income producing apartment, especially with the new hospital so close and the bonus room/office space could allow you to work from home! There are endless possibilities! Don't miss this opportunity!

Elementary School Middle School High School
West Bay Elementary School Surfside Middle School Arnold High School
Price History
3/18/2026 Listed $650,000
5/5/2026 3$629,500
8/27/2026 9$575,500

General Features

Sewer Public Sewer
Utilities Cable Connected,High Speed Internet Available
Property Subtype Single Family Residence
Tax Year 2025
Community Features Short Term Rental Allowed
County Bay
Property Type Residential
HOA false
Subdivision Name Gulf Highlands Unit-2
Special Listing Conditions Listed As-Is
Status Active
Directions Traveling west on Panama City Beach Parkway, take a right onto Armstrong Circle. The house will be on your left.
High School Arnold
City Panama City Beach
Zoning Description Resid Single Family
MLS Area 03 - Bay County - Beach
Lot Size Units Acres
Lot Size Square Feet 7320
Elementary School West Bay
Tax Annual Amount 2498
Middle/Junior High School Surfside
MLS Area Minor 0322 - Beach - North West
Standard Status Active
Property Sub Type Additional Single Family Residence
Other Structures Pergola
Occupancy Type Occupied
Year Built 1978
Heating Central,Fireplace(s)
Cooling Central Air,Ceiling Fan(s)
Appliances Electric Oven,Electric Water Heater
Patio/Porch Features Patio,Covered,Porch
Construction Materials Brick
Attached Garage false
Garage Y/N true
Total Rooms 6
Full Baths 3
Garage Spaces 2
Architectural Style Coastal
Stories Count 1
Levels One
New Construction false
Roof Metal

Interior Features

Total Baths 3
Interior Amenities Main Level Primary,Tub Shower
Furnished Units None
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 5
LivingAreaSource Listing Agent
Total Stories 1

Exterior Features

Lot Features Paved
Lot Size Area 0.17
Lot Dimensions 61x120
Lot Size Acres 0.17
Building Area Total 2494
Waterfront Y/N false
Exterior Amenities Patio
Fencing Privacy

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 32413

Price
AVG $890K
$580K
Taxes
AVG $5,926
$2,498
Year Built
AVG 2010
1978

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