CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS If you've been searching for the perfect home that gives you the feeling of being on vacation every time you return, consider 1203 Yale Ave. Located just four miles from Panama City Beach, this property offers four bedrooms and three bathrooms, with two masters in the main house, an inground pool, hot tub, outdoor kitchen, outdoor shower, and a separate Airbnb or mother-in-law suite. Enjoy lower energy bills with fully paid-for solar panels, no HOA, a termite bond, and no flood insurance required. As you drive up to the home, you will notice that the main house is surrounded by stunning landscaping and is meticulously designed with native mature plants and a sprinkler system for easy care. Pull up the circle drive, park under your oversized attached covered parking area, and step through the front door to be greeted with 15' high cathedral ceilings into the open concept home with a split bedroom floor plan. Walk through the spacious living area to the right and find a dining area with wet bar and plenty of extra cabinet space, perfect for entertaining guests or having a separate coffee bar. Continue through the kitchen to find two-tone cabinets, granite countertops, a farmhouse sink, stainless steel appliances, and the refrigerator with customizable door panels surrounding a mobile island with a butcher block countertop, giving this kitchen a touch of grace and an upscale modern farmhouse style. Walk back from the kitchen to the right, pass the breakfast bar for two, and find the office area with a poolside view. Continue through the barn doors to the 1st master bedroom suite. Walk past a storage closet to a bathroom with a floor-to-celling shower tastefully designed with subway tiles and double sinks on a custom vanity. Continue to the left to find a huge master bedroom with plenty of room for oversized furniture and a seating area. The master bedroom has a walk-in closet. The master suite side of this home can be closed off by the sliding barn door, making it ideal for privacy while having a large family and entertaining guests. Walk back through the open-concept living area and look up to find two attic access doors for plenty of additional storage. Continue to the other side of the home to find a bathroom, the laundry area behind custom barn doors, two other sizable bedrooms, and a fourth bedroom, which is the Second Master with its own full-size bathroom. Enter the backyard to find yourself in your fenced-in private backyard paradise well lit, gorgeously landscaped with an inground pool, a hot tub, an outdoor kitchen, and a bar nestled under a canopy to enjoy your backyard paradise. The backyard also includes an outdoor shower and a 10 x 20 workshop. Across the pool, you will find a 300 sq ft Airbnb or mother-in-law suite with room for two, a full custom kitchen, a queen-sized bed, washer and dryer hookups, a separate full-sized bathroom, and its own mini split air conditioning unit. The actual income for this property is over $20,000 a year, with the potential to make much more. Please see the rental projections for more information on average rental rates. The backyard also has a separate entrance with a gate to accommodate the Airbnb unit. Don't wait; make an appointment today to view this unique property. The central location is ideal for anyone who would like to live near the beach but still enjoys living in an area with only the locals. Additionally, this property is located only three miles from Downtown St. Andrews and Downtown Panama City. It is close to many shops, restaurants, parks, hospitals, both Navy and Air Force Bases, and much more. Call today for more information or to set up a showing.
Sold for $575,000 on 10/15/24
$575,000
1203 Yale Ave, Panama City, FL 32405
5beds
2,402sqft
Single Family Residence
Built in 2021
0.33 Acres Lot
$564,700 Zestimate®
$239/sqft
$2,886 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 01:22pm
Listed by:
Melany Hathcock 850-628-0253,
CENTURY 21 Ryan Realty Inc
Bought with:
Non Member
NON-MEMBER OFFICE
Source: CPAR,MLS#: 761724
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Level: First
- Area: 379.25
- Dimensions: 18.5 x 20.5
Primary bedroom
- Level: First
- Area: 118.75
- Dimensions: 9.5 x 12.5
Bedroom
- Level: First
- Area: 125
- Dimensions: 10 x 12.5
Bedroom
- Level: First
- Area: 156
- Dimensions: 13 x 12
Primary bathroom
- Level: First
- Area: 28.56
- Dimensions: 5.1 x 5.6
Primary bathroom
- Level: First
- Area: 71.5
- Dimensions: 13 x 5.5
Dining room
- Level: First
- Area: 158.75
- Dimensions: 12.5 x 12.7
Other
- Level: First
- Area: 300
- Dimensions: 10 x 30
Kitchen
- Level: First
- Area: 301.02
- Dimensions: 17.4 x 17.3
Living room
- Level: First
- Area: 527
- Dimensions: 15.5 x 34
Workshop
- Level: First
- Area: 200
- Dimensions: 10 x 20
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Refrigerator, Trash Compactor
Features
- Additional Living Quarters, Wet Bar, Breakfast Bar, Cathedral Ceiling(s), High Ceilings, In-Law Floorplan, Kitchen Island, Recessed Lighting, Split Bedrooms, Workshop
Interior area
- Total interior livable area: 2,401 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Has carport: Yes
- Covered spaces: 2
- Details: Driveway Spaces:8.00
Features
- Exterior features: Covered Patio, Fire Pit, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Patio
- Pool features: Fenced, In Ground, Pool
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Fenced
Lot
- Size: 0.33 Acres
- Dimensions: 120 x 120
- Features: Corner Lot
Details
- Additional structures: Guest House
- Parcel number: 13462000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- HardiPlank Type
- Foundation: Slab
Condition
- Year built: 2021
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City
- Subdivision: Forest Park 2nd Add
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Other,VA Loan