203 George C Wallace Boulevard, Panama City Beach, FL

$1,450,000

Previous Next

5

Beds

4

Baths

2,904

Square feet

0.07

Acres

About 203 George C Wallace Boulevard

With the lake stretching beyond the backyard and glimpses of the gulf from both levels, this custom-built 2024 home creates a coastal setting that feels connected to the water from nearly every angle. Designed with equal attention to entertaining, everyday comfort and investment potential, the five-bedroom, four-bath residence pairs generous indoor living spaces with a private heated pool, outdoor summer kitchen and public beach access just 1,100 feet away. Inside, the open main living area brings the kitchen, dining and gathering spaces together with an easy flow to the outdoor areas. The designer kitchen features custom cabinetry, stainless steel appliances, and a dedicated wine bar, creating a polished centerpiece for entertaining. Custom tile work and carefully selected finishes continue throughout the home, while a seven-zone Sonos audio system extends from the interiors to the pool and outdoor living spaces. The first floor offers valuable flexibility for guests with a bedroom, full bath, and a custom bunk room well suited for larger groups. Upstairs, the primary suite opens directly to a spacious balcony overlooking the lake with views toward the gulf. A second king bedroom also enjoys balcony access and water views, while additional guest accommodations provide privacy with ensuite or conveniently located baths. A spacious second living area, complete with a queen sleeper and 75-in. television, gives owners and guests another place to gather or unwind. Outside, the heated in-ground pool anchors a private retreat designed for use well beyond the summer months. The summer kitchen makes outdoor dining and entertaining effortless, while built-in Sonos speakers and an outdoor television carry the home's entertainment features poolside. The lakefront setting adds an open-water backdrop, yet the gulf is still close at hand with public beach access less than a quarter mile away. The surrounding area is also golf-cart friendly, adding another convenient way to reach the beach and nearby destinations. Offered fully furnished, the home is positioned for immediate enjoyment as a primary residence, second home or vacation rental. Current rental projections are approximately $110,000, adding an income component to an already compelling coastal property. An estimated first-year bonus depreciation of approximately $296,380 may provide an additional consideration for qualifying investment buyers, subject to individual tax circumstances and professional tax guidance. With lake frontage, gulf views, a private pool and extensive indoor-outdoor entertainment features, this furnished home offers a distinctly versatile approach to coastal ownership.

Features of 203 George C Wallace Boulevard

MLS® # 1013472
Price $1,450,000
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 2,904
Acres 0.07
Year Built 2024
Type Residential
Sub-Type Detached Single Family
Style Beach House
Status Active

Community Information

Address 203 George C Wallace Boulevard
Area 27 - Bay County
Subdivision LAGUNA BEACH 7TH ADDN
City Panama City Beach
County Bay
State FL
Zip Code 32413

Amenities

Utilities Electric, Public Sewer, Public Water
Parking Converted Garage
View Gulf/Pass, Lake
Is Waterfront Yes
Waterfront Lake Front
Has Pool Yes
Pool Heated, In Ground

Interior

Interior Features Breakfast Bar, Kitchen Island, Recessed Lighting
Appliances Dishwasher, Freezer, Microwave, Range Hood, Refrigerator, Electric Water Heater
Heating Central
Cooling Central Air
# of Stories 2

Exterior

Exterior Features Outdoor Grill, Balcony, Private Yard, Outdoor Shower, Outdoor Kitchen
Lot Description Corner Lot, Within 1/2 Mile to Water
Windows Double Pane Windows
Roof Metal
Construction Siding CmntFbrHrdBrd
Foundation Slab

School Information

Elementary West Bay
Middle Surfside
High Arnold

Additional Information

Zoning Resid Single Family

Listing Details

OfficeScenic Sotheby's International Realty
Contact Infomarc@scenicsir.com

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?