About This Home

This 4-bedroom, 3-bathroom single family at 118 E Lakeshore Drive in Panama City Beach, FL is listed for $649,000 ($308 per sqft). Built in 1967, the home offers 2,107 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1967
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
3 full
1967

Amenities

A/C
Listing Description

Just steps from the white-sand beaches and sparkling Gulf of Mexico, this charming beach cottage offers a relaxed coastal lifestyle with the added versatility of a separate guest cottage. Conveniently located near a local grocery store and the beach, this delightful property combines classic coastal character with thoughtful spaces for family, guests, or rental potential.

The main house features a lovely oversized partially covered balcony, perfect for enjoying the coastal breeze and outdoor entertaining. Inside, two separate living areas provide plenty of room to gather or unwind, while charming pine accents on the walls, ceilings, and stairs create a warm beach-cottage atmosphere.

The kitchen features tile flooring, stainless steel appliances, and a fun blue-and-white tile backsplash accented with a crab mosaic above the stove. Quaint sitting alcoves with built-in benches add character throughout the home. Durable terrazzo flooring throughtout the first floor provides a timeless, easy care finish.

The master bedroom offers the cozy ambiance of a fireplace and comfortable carpeting. The bathrooms showcase tiled walls and floors, and charming shiplap stairs add another touch of coastal character. A separate guest cottage tucked behind the main house offers wonderful flexibility and could be ideal for guests, extended family, or rental income.

Its covered porch provides the perfect spot for morning coffee or an evening cocktail. Inside, the cottage features white shiplap walls in the living area, white tile kitchen walls, and pine wood flooring. The bedroom features warm wood-paneled walls, and the bathroom includes a shower.

With its beach cottage charm, separate guest accommodations, inviting outdoor spaces, and enviable location less than one block from the Gulf, this property offers a wonderful opportunity to enjoy the laid-back coastal lifestyle while providing exceptional flexibility for guests or investment use.

Monthly Cost Estimate

$3,471/mo

20% down · 6.5% · 30 years

Principal$469
Interest$2,812
Insurance$189

Estimates only. Actual payments may vary.

Location

118 E Lakeshore Drive

Panama City Beach, FL 32413

LAGUNA BEACH

Features & Amenities

Exterior Features

Balcony

Property Details

Construction

Frame

Heating

Central

Cooling

Central Air

Appliances

DishwasherMicrowaveRefrigeratorStove/Oven Electric

Questions & Answers

This 4-bedroom, 3-bathroom single family at 118 E Lakeshore Drive is listed at $649,000 ($308/sqft). The estimated monthly payment is $3,471 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 0.17 acre lot, 2 stories. Exterior Features: Balcony.

This property is listed by Clayton F Bonjean and can be reached at (850) 585-1284.

CB

Clayton F Bonjean

License 671253

Agent at Mainsail Realty Company

(850) 585-1284
Agent website

Listed by Mainsail Realty Company · Broker phone: (850) 585-1284 · View on Broker Site · Broker website

MLS# 1013418· Source: Emerald Coast Association of Realtors· 10 days on PropertySimple

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

118 E Lakeshore Drive, Panama City Beach, FL 32413

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