This beach retreat has been crafted to provide ultimate relaxation with a quaint seaside charm. This home can be a lucrative investment property with rental projections at $73K and cash on cash return projections at 4.5% annually. Outfitted with luxury furnishings, coastal finishes & a brand new heated pool, this property sits on a valuable lot. Just a short walk or golf cart ride to the beach, this home can easily host 10-12 guests. With an ideal blend of indoor & outdoor living, every detail in this home has been crafted for a perfect vacation. The property has a big front yard with a beautiful oak tree. In the backyard, guests are treated to a large heated private pool & unforgettable sundeck. Located in a neighborhood with no HOA fees, this home is set up to enjoy all that the area has to offer with low operating expenses. The home conveys fully-furnished and ready for its new owner. Reach out to review the rental projection, estimated expenses & the net income projection. Make this dream beach property yours today!
For sale
Price cut: $1K (7/14)
$874,000
21516 Dolphin Ave, Panama City Beach, FL 32413
3beds
1,643sqft
Est.:
Single Family Residence
Built in 1995
5,500 Square Feet Lot
$-- Zestimate®
$532/sqft
$-- HOA
What's special
Large heated private poolValuable lotBrand new heated poolUnforgettable sundeck
- 359 days
- on Zillow |
- 386 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 08:36am
Listed by:
The Dixon Team 850-468-0215,
30A Homes Sales
Source: ECAOR,MLS#: 957735
Originating MLS: Emerald Coast

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Bedroom
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Cooktop, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Electric Range, Washer, Electric Water Heater
Features
- Renovated, Bedroom, Dining Room, Kitchen, Living Room, Master Bedroom
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,643
- Total interior livable area: 1,643 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Stories: 1
- Exterior features: Renovated
- Has private pool: Yes
- Pool features: Private, Heated, In Ground
- Waterfront features: Beach
Lot
- Size: 5,500 Square Feet
- Dimensions: 50 x 110
- Features: Within 1/2 Mile to Water
Details
- Parcel number: 35589000000
- Zoning description: Resid Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Beach House
- Property subtype: Single Family Residence
Materials
- Stucco
Condition
- Construction Complete
- Year built: 1995
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Cable Connected
Community & HOA
Community
- Subdivision: Riviera Beach
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $532/sqft
- Tax assessed value: $363,560
- Annual tax amount: $4,508
- Date on market: 8/26/2024
- Electric utility on property: Yes
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