512 Dement Cir APT E, Panama City Beach, FL, 32407
About This Home
Discover the perfect blend of luxury living and income potential in this stunning 5-bedroom, 4.5-bath townhome, just steps from pristine Panama City Beach access points. Featuring coastal finishes, 9-foot ceilings, and a peak-a-boo Gulf-view, this fully furnished townhome is a great fit for your family and investment needs. Why it stands out: The first-floor bedroom with kitchenette unlocks potential for an anytime personal use retreat or include it in bookings to maximize rental income. The spa-inspired master suite, well equipped kitchen, and additional bedrooms make it roomy for big families and larger vacation groups alike. Plus, the attached garage and community pool add value for use, fun, and investment returns. Walk to the beach, shops, and restaurants. Enjoy world-class sunset views from your balconies. Unwind in the hot tub. Whether your goal is a second home, primary residence, or vacation rental investment, this unit is a great fit. Live the Lifestyle. Walk to great local dining options and entertainment: start your evening at local favorites like Firefly, Hunt and Gather, C-Level or Angelo's, then unwind at lively hotspots like the newly built Tootsies (Where Spinnaker used to be), Pineapple Willies, or the Arcade and Bowling Alley at Laketown. Need a day trip or a break from the salt? Ripley's Believe It or Not, Wonder Works, and Shipwreck Island water park are minutes away, making this the ultimate base for family vacations and getaways.. The potential first-floor lock-out suite with kitchenette, and flexible bedrooms with bunks, large family room with balcony layout caters perfectly to vacation rental demands. Community pool, private hot tub, and garage (ideal for car, golf cart storage or small boat, jet ski) add tangible appeal. With Panama City Beach ranking among the highest-demand vacation rental markets, this property hits the mark.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Roof: Metal
- Construction materials: HardiPlank Type
Type & Style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Oven,Electric Range,Electric Water Heater
Bedroom
- Level: Third
- Dimensions: 11 x 8.5
Bedroom
- Level: Third
- Dimensions: 11 x 8.5
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Family Room
- Level: Second
- Dimensions: 25.5 x 14.5
Features
- Double Vanity,Sitting Area in Primary,Soaking Tub,Separate Shower,Upper Level Primary,Walk-In Closet(s)
Garage
- Level: First
- Dimensions: 22 x 11
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air,Ceiling Fan(s)
Interior Area
- Total structure area: 2,394
- Total interior livable area: 2,394 sqft
Master Bedroom
- Level: Second
- Dimensions: 13 x 10.5
Master Bedroom
- Level: Third
- Dimensions: 14 x 11.5
Other
- Level: First
- Dimensions: 13 x 12
Other
- Features: Balcony
- Level: Third
- Dimensions: 5 x 4
Other
- Features: Balcony
- Level: Second
- Dimensions: 14.5 x 4
Property
Details
- Parcel number: 34957050000
- Attached to another structure: Yes
- Zoning description: Resid Single Family
Features
- Levels: Three Or More
- Stories: 3
- Pool features: In Ground,Community
- Patio & porch: Patio,Balcony
- Exterior features: Patio
Lot
- Lot size: 1,178 sqft
- Lot size dimensions: 19.0 ft x 62.0 ft
Parking
- Total spaces: 1
- Parking features: Paved
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Coastal Flooding
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,539 | $42,468 |
| Home Insurance * | $252 | $3,024 |
| Property Taxes | $817 | $9,804 |
| Electricity | $240 | $2,891 |
| Total | $4,848 | $58,176 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-22 | Listed for sale | $699,900 |
| 2024-08-03 | Listing removed | -- |
| 2023-08-07 | Price change | $904,000 |
| 2023-07-19 | Price change | $929,000 |
| 2023-06-14 | Price change | $975,000 |
| 2023-05-27 | Listed for sale | $995,000 |
| 2022-07-08 | Sold | $1,050,000 |
| 2022-06-29 | Pending sale | $1,100,000 |
| 2022-06-02 | Listed for sale | $1,100,000 |
| 2021-05-21 | Sold | $500,000 |
View on Zillow