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About This Home

This 5-bedroom, 3-bathroom single family at 201 Armstrong Circle in Panama City Beach, FL is listed for $629,500 ($252 per sqft). Built in 1978, the home offers 2,494 sqft of living space on a 0.17 acres lot.

Agent Description

JUST REDUCED AND SELLER IS OFFERING $5000 INCENTIVE TO BUYER AT CLOSING WITH AN ACCEPTABLE OFFER! 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 neighbo

rhood 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, 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 homeowner's insurance claims.

This is a phenomenal property with so many options! It can be a primary residence with an income producing apartment or short-term rental, 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!

Key Features

  • Built in 1978
  • 0.17 acre lot
  • Fireplace

Property Details

1 story
3 full
1978

Amenities

FireplaceA/C

Monthly Cost Estimate

$3,367/mo

20% down · 6.5% · 30 years

Principal$455
Interest$2,728
Insurance$184

Estimates only. Actual payments may vary.

Location

201 Armstrong Circle

Panama City Beach, FL 32413

GULF HIGHLANDS UNIT 2

Features & Amenities

Interior Features

Ceiling Crwn MoldingCeiling RaisedFireplaceGuest QuartersKitchen IslandLighting RecessedWasher/Dryer Hookup

Exterior Features

Pavillion/Gazebo

Property Details

Flooring

VinylCarpetTile

Construction

Brick

Pool Features

Porch

Parking

Garage

Heating

Central

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRefrigerator W/IceMkStove/Oven ElectricWasherWater Heater - Elect

Questions & Answers

This 5-bedroom, 3-bathroom single family at 201 Armstrong Circle is listed at $629,500 ($252/sqft). The estimated monthly payment is $2,728 based on 20% down at 6.5% interest.

Key features include: Built in 1978, 0.17 acre lot, Fireplace. Interior Features: Ceiling Crwn Molding, Ceiling Raised, Fireplace. Exterior Features: Pavillion/Gazebo.

This property is listed by Darcie Ducharme and can be reached at 9373071526 or darcie@carillon-beach.com.

DD

Darcie Ducharme

Agent at Carillon Realty Inc

(937) 307-1526

Listed by Carillon Realty Inc · View on Broker Site

MLS# 998309· Source: listhub· Updated 75 days ago

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.

201 Armstrong Circle, Panama City Beach, FL 32413

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