149/150 Cain Rd, Panama City Beach, FL, 32413
About This Home
Rare opportunity to own both sides of a beautifully updated duplex in West Panama City Beach with picturesque views of Lake Powell, one of Florida's largest and most pristine coastal dune lakes. Located in the Pirates Cove community, this exceptional property boasts exclusive access to the Gulf via a private dock and boat launch, offering a refined coastal lifestyle ideal for boating, fishing, paddle boarding, and kayaking. Enjoy direct water access from your own backyard, while being just minutes from the sugar-white sands of the Gulf, the boutiques and dining along Scenic Highway 30A, and the natural beauty of Camp Helen State Park. (149 CAIN ROAD AND 150 CAIN ROAD BEING SOLD TOGETHER PARCEL IDS: 35257-060-000 AND 35257-050-000) Pirates Cove also features two community pools, and the elevated coastal design of this home provides spacious covered parking beneath the home, accommodating multiple vehicles, a boat, and offering flexibility for storage and outdoor gear. The interiors feature a bright, open-concept layout with a relaxed coastal aesthetic and thoughtful updates throughout. Expansive living and dining areas are filled with natural light, creating an open and inviting space ideal for entertaining. Updated kitchens showcase granite countertops, stainless steel appliances, gray shaker cabinetry, and generous bar seating, seamlessly connecting to the living and dining spaces. Both units are tastefully updated, turn-key furnished, and supported by a strong rental history, making this an exceptional investment opportunity, multi-family retreat, or private coastal getaway.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1985
Materials
- Roof: Composition,Shingle
- Construction materials: HardiPlank Type,Wood Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Bedroom
- Level: Second
- Dimensions: 15 x 12
Bedroom
- Level: Second
- Dimensions: 13.5 x 14
Bedroom
- Level: Second
- Dimensions: 15 x 12
Bedroom
- Level: Second
- Dimensions: 13.5 x 14
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Double Pane Windows
- Flooring: Luxury Vinyl Plank
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 2,304
- Total interior livable area: 2,304 sqft
Kitchen
- Level: Second
- Dimensions: 11.5 x 12
Living Room
- Level: Second
- Dimensions: 14 x 22
Property
Details
- Parcel number: 35257060000
- Attached to another structure: Yes
- Zoning description: Resid Single Family
Features
- Levels: Three Or More
- Stories: 3
- Pool features: In Ground,Community
- Patio & porch: Balcony,Deck
- Exterior features: Boat Ramp,Covered Patio,Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Boat Dock/Slip
Lot
- Lot size: 4,500 sqft
- Features: Paved
- Lot size dimensions: 45 x 100
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
- Lightning
- Cold Wave
- 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 | $4,798 | $57,576 |
| Home Insurance * | $1,112 | $13,344 |
| Property Taxes | $466 | $5,592 |
| Electricity | $231 | $2,782 |
| Total | $6,607 | $79,284 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-10 | Price change | $949,000 |
| 2025-12-16 | Listed for sale | $975,000 |
For Sale by Agent
View on Zillow