The opportunity you've been waiting for has arrived! This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers substantial construction, direct beach access, luxury coastal living, and incredible income-producing potential, all just a short drive from iconic 30A with no HOA restrictions! Built for longevity with concrete construction, metal studs, a tile roof, and stucco exterior, this building stands apart from typical coastal properties. It features THREE individual income-producing residences, each approximately 2,500 sq ft with 4 bedrooms and 4.5 bathrooms, with one private residence occupying each of the second, third, and fourth floors. Each unit offers two oversized Gulf-front balconies, panoramic water views, walls of glass, spacious living areas, gourmet kitchens with custom cabinetry, granite countertops, stainless appliances, and wet bars. Outside, enjoy a large, covered entertainment area, private pool, hot tub, and private beach access. Whether used as an investment with multiple income streams, a multi-generational retreat, or an entire beachfront compound, this is a truly rare opportunity on the Emerald Coast.
Riviera Beach, located between Palm Beach Inlet and Lake Worth Lagoon, is a waterfront and residential Riviera Beach neighborhood with a working marina edge and barrier-island views. The neighborhood’s character concentrates around the Riviera Beach Marina Village waterfront, where charter docks, casual seafood counters, and ferry queues set a salt-air rhythm. The Riviera Beach Marina Village and Peanut Island ferry landing act as local anchors for boat days and shoreline walks. Low-rise condos and mid-century blocks mix with newer marina-facing buildings, keeping the streetscape coastal and practical. Parks and seawalls frame daily routines with open water on multiple sides.
Provided by Walk Score and Local Logic
Market insights
21523 Front Beach Rd · $5,700,000
DAYS ON MARKET
8 days
The average home goes pending in 80 days.
SALE-TO-LIST
96.4%
Most homes are selling 4% below list price.
LIST PRICE
$5,700,000
Median list price in this area is $385,000. (93% lower than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Furnished
Breakfast bar
Vaulted ceilings
Kitchen island
Recessed lighting
Pantry
Washer/dryer hookup
Wet bar
Elevator
Double-pane windows
Window treatments
Bedrooms
12 bedrooms
Master bedrooms on the first floor with walk-in closets, balcony, tile bathrooms and whirlpool
Bathrooms
16 bathrooms total (12 full, 4 half)
Kitchen
Cooktop
Dishwasher
Disposal
Microwave
Range hood
Refrigerator
Laundry & utility
Washer
Dryer
Washer/dryer hookup
Electric water heater
Flooring
Tile
Heating & cooling
Central heating
Central air
High-efficiency central AC
Ceiling fans
Exterior features
Balconies
Private yard
Covered and open patios
In-ground pool
Gulf view
Waterfront property (Gulf)
Home design
Triplex
Built in 2007
Parking
6 assigned spaces
2 carport spaces (attached, covered, oversized)
6 driveway spaces
Security
Smoke detectors
Construction
Concrete, frame, stucco and steel frame construction
Slate roof
Utilities
Electric service
Public water
Public sewer
HOA & community
Community features include beach access, deed access, elevators, pool, waterfront, and short-term rental allowed
Electricity and solar
View estimated energy costs and solar savings for this home
The opportunity you've been waiting for has arrived. This extraordinary Gulf-front property on the desirable West End of Panama City Beach offers a rare combination of substantial construction, direct beach access, luxury coastal living, and proven income-producing potential, all just a short drive from iconic 30A no HOA restrictions! Built with longevity in mind, this impressive beachfront building features concrete construction, metal studs, a tile roof, and stucco exterior, providing a level of stability and quality that sets it apart from typical coastal properties. The building consists of three individual income-producing residences, each offering approximately 2,500 square feet with 4 bedrooms and 4.5 bathrooms. One private residence occupies each of the second, third, and fourth floors, creating an exceptional opportunity to own an entire Gulf-front building with three separate luxury rental units and multiple income streams. Each residence features two oversized Gulf-front balconies with panoramic views of the emerald waters, sugar-white sand, and unforgettable sunsets. Walls of glass fill the interiors with natural light while showcasing uninterrupted Gulf views throughout the living spaces. Inside, each residence is thoughtfully designed for both luxury and functionality. Gourmet kitchens feature custom wood cabinetry, extensive granite countertops, premium stainless-steel appliances, generous preparation space, and elegant wet bars with dedicated wine storage. The outdoor amenities make this property equally impressive. A large, covered entertainment area provides plenty of space for guests to gather and relax while enjoying the private pool and hot tub. From there, private beach access leads directly to the Gulf of America, creating the complete beachfront experience for owners and rental guests alike. Whether you're looking for a high-quality Gulf-front investment with three individual income-producing residences, a multi-generational coastal retreat, or the rare opportunity to own an entire beachfront building, this property delivers. With its concrete construction, metal studs, direct Gulf frontage, resort-style amenities, West End Panama City Beach location, and convenient access to 30A, opportunities like this are exceptionally difficult to find.
CPARMLS #793258
Aug 18, 2026
Listing Removed
—
May 5, 2026
Listed
$5,990,000
$757/sq ft
ECAR #1008670
Aug 6, 2026
Relisted
—
May 5, 2026
Listed
$5,990,000
$757/sq ft
TURBOTENANT #3
Aug 7, 2026
Rental Removed
$4,870
$1/sq ft
Jul 7, 2026
Listed for Rent
$4,870
$1/sq ft
May 12, 2026
Rental Removed
$4,870
$1/sq ft
Apr 29, 2026
Listed for Rent
$4,870
$1/sq ft
TURBOTENANT #1
Apr 28, 2026
Rental Removed
$4,870
$1/sq ft
Apr 11, 2026
Listed for Rent
$4,870
$1/sq ft
Jan 5, 2026
Rental Removed
$4,870
$1/sq ft
Dec 5, 2025
Listed for Rent
$4,870
$1/sq ft
Sep 15, 2025
Rental Removed
$4,870
$1/sq ft
Aug 15, 2025
Listed for Rent
$4,870
$1/sq ft
Jul 22, 2025
Rental Removed
$4,870
$1/sq ft
Jun 21, 2025
Listed for Rent
$4,870
$1/sq ft
Mar 15, 2025
Rental Removed
$4,870
$1/sq ft
Feb 12, 2025
Price Changed
$4,870
$1/sq ft
Dec 12, 2024
Listed for Rent
$3,970
$1/sq ft
Nov 28, 2024
Rental Removed
$3,970
$1/sq ft
Aug 28, 2024
Listed for Rent
$3,970
$1/sq ft
RENTALBEAST #2
Mar 18, 2025
Rental Removed
$4,870
$1/sq ft
Mar 15, 2025
Listed for Rent
$4,870
$1/sq ft
CPARMLS #185491
Dec 14, 2021
Listing Removed
—
Jul 8, 1999
Listed
$235,000
$30/sq ft
Public Records
Sep 9, 2002
Sold
$700,000
$88/sq ft
CPARMLS #155289
Aug 14, 2000
Sold
$250,000
$32/sq ft
Jul 12, 2000
Listed
$261,000
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$37,447 (+0.2%)
$873,000 + $2,169,727
$3,042,727
2024
$37,379 (+33.0%)
$873,000 + $2,165,404
$3,038,404
2023
$28,111 (+42.8%)
2022
$19,684 (+4.8%)
2021
$18,783 (+23.4%)
2020
$15,216 (+3.3%)
$281,106 + $966,396
$1,247,502
2019
$14,728 (+4.7%)
2018
$14,074 (+16.4%)
2017
$12,093 (−1.6%)
$169,071 + $780,998
$950,069
2016
$12,286 (−2.7%)
$150,738 + $796,990
$947,728
2015
$12,628
$142,590 + $805,162
$947,752
2014
$12,618
Public record
Public record
Permits
Beds
4
Baths
5
Stories
3
Lot width
30 ft.
Lot depth
135 ft.
Lot size
4,008 Sq. Ft.
Year renovated
2017
Finished Sq. Ft.
7,914
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,914
Year built
2007
Style
Multi-Family (2-4 Unit)
County
Bay County
APN
35412010000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
Jun 22, 2007 • Final
Commercial building
New construction
Jun 4, 2007 • Final
Swimming pool
Pool and hot tub
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
4/10 Flood Factor
Estimated 18-28% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.77% chance of being in a wildfire in next 30 years
10/10 Heat Factor
7 days above 105° expected this year, 22 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Panama City Beach, FL • 32413
Average low and high temperatures (°F)
59
43
65
52
71
57
77
63
80
71
86
76
88
79
87
77
85
74
80
65
73
59
64
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
78/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 21523 Front Beach Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More
Tour for free, no strings attached
Make a winning offer with the help of a local agent