$750,000

UNDER CONTRACT WITH A HOME-SALE CONTINGENCY 3 day kickout. MOTIVATED SELLER Amazing Price plus 45k toward Buying rate down along with Price reduced to incredible 750k This small secure gated neighborhood is full of Million dollar plus homes. A rare opportunity for buyers who may have previously considered… Read More this home outside their price range. The property appraised for over $1,000,000 in 2024, and the seller is now highly motivated due to the carrying costs associated with the property. Seller is willing to consider creative terms that may include a significant price adjustment, contribution toward allowable buyer closing costs, or an interest-rate buydown depending upon offer structure and lender approval. Qualified buyers: this is worth a second look. This large Mediterranean-style residence presents a rare value-add opportunity in Trieste, one of Panama City Beach's most private and upscale gated communities, ideally located between Pier Park, the Gulf of Mexico, and St. Andrews Bay. Offering 3,265 heated and cooled square feet and 4,248 square feet under roof, the home features four or five bedrooms with . The previous owners used the downstairs fifth-bedroom space as an office, but its generous walk-in closet makes it well suited for use as an additional bedroom. Built by Koehnemann Construction as a 2007 Parade of Homes entry, the residence showcases architectural character that is difficult to duplicate today. Timeless details include 10- to 12-foot ceilings, a dramatic two-story great room with a fireplace, solid wood plantation shutters on most all windows, spacious living areas, multiple porches, and an open upstairs family room overlooking the great room below. The generously sized kitchen features granite countertops, custom hand-rubbed stained cabinetry, stainless-steel appliances, gas cooking, and a large walk-in pantry. The huge downstairs primary suite offers privacy and convenience, along with an elegant trayed ceiling. Ready for its next chapter, the home is move-in ready while offering an exciting opportunity to gradually add personal style and create additional equity. The primary opportunities include interior and exterior paint, updated flooring, and personalized design selections. Trieste has demonstrated strong luxury resale value, with previous sales ranging from approximately $304 to $505 per square foot, and renovated homes in the community have supported substantially higher values. A standout feature is the home's hurricane protection. Metal storm shutters lower over three entry areas, protecting the front and rear entrances as well as the balcony doors. This provides added peace of mind and offer much lower Insurance cost. Additional features include natural gas, three-phase electric service, Extra large walk-in attic storage, multiple porches, stainless-steel appliances, and a versatile floor plan designed for both comfortable everyday living and entertaining. The rear porch also includes a powder room just inside door that could serve as a convenient pool bath should the next owner choose to add a pool. Currently Backyard is Brick pavers and artificial turf or grass great for a putting green or small pets. Room for a pool. For the buyer, investor, or luxury renovation specialist seeking privacy, prestige, a premier location, and the opportunity to create a customized residence with substantial upside, this is one of the most compelling opportunities currently available in Trieste and the Panama City Beach market. Read Less

Courtesy of LPT Realty LLC 877-366-2213

Listing Snapshot

Days Online

Last Updated

Sep 6, 2026

Property Type

SingleFamilyResidence

Beds

Full Baths

Partial Baths

Lot Size

0.31 Acres

Year Built

2007

MLS Number

790004

Additional Details

Appliances & Equipment

EnergyStarQualifiedAppliances, GasCooktop

Building

Built in 2007, 2 stories, Levels: Two, Construction Materials: Stucco

Community

StorageFacilities, Gated

Cooling

AtticFan, CentralAir, CeilingFans, EnergyStarQualifiedEquipment

Energy Saving

Energy Efficiency: Appliances

Exterior Features

Patio/Porch Features: Deck, Balcony, Deck, OutdoorShower

Fence

Fenced

Foundation

Slab

Garage

2 spaces

Heating

Central, EnergyStarQualifiedEquipment, Fireplaces

Home Owner's Association

Association Fee: $1,600, Fee Frequency: Annually, Fee Includes: AssociationManagement, LegalAccounting, SeeRemarks, Amenities: Gated

Interior Features

DoubleVanity, InteriorSteps, JettedTub, MainLevelPrimary, SittingAreaInPrimary, SoakingTub, SeparateShower, WalkInClosets, Loft, Storage

Lot

0.3 acres, Dimensions: 112X110X128X110, SprinklerSystem, Paved

Property

Lake

Roof

Tile

Security Features

SecurityGate, GatedCommunity

Sewer

PublicSewer

Taxes

Parcel Number: 32731-235-000, Annual Amount: $5,999, Legal Description: TRIESTE PH 2 15 3S 16W 37A LOT 35 ORB 3522 P 1705, Year: 2025, Zoning description: Resid Single Family

Utilities

ElectricityAvailable, PhoneConnected, UndergroundUtilities

Windows

DoublePaneWindows

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301 Trieste Boulevard

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