Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
3 Baths
2,107 sqft

$649,000

118 E Lakeshore Drive, Panama City Beach FL, 32413

Price per sqft$308.02
Built in1967
Property size2,107 sqft
Property typeResidential

Overview

Active

Listed Oct 6, 2026

Updated 18h ago

Just steps from the white-sand beaches and sparkling Gulf of Mexico, this charming beach cottage offers a relaxed coastal lifestyle with the added versatility of a separate guest cottage. Conveniently located near a local grocery store and the beach, this delightful property combines classic coastal character with thoughtful spaces for family, guests, or rental potential. The main house features a lovely oversized partially covered balcony, perfect for enjoying the coastal breeze and outdoor entertaining. Inside, two separate living areas provide plenty of room to gather or unwind, while charming pine accents on the walls, ceilings, and stairs create a warm beach-cottage atmosphere. The kitchen features tile flooring, stainless steel appliances, and a fun blue-and-white tile backsplash accented with a crab mosaic above the stove. Quaint sitting alcoves with built-in benches add character throughout the home. Durable terrazzo flooring throughtout the first floor provides a timeless, easy care finish. The master bedroom offers the cozy ambiance of a fireplace and comfortable carpeting. The bathrooms showcase tiled walls and floors, and charming shiplap stairs add another touch of coastal character. A separate guest cottage tucked behind the main house offers wonderful flexibility and could be ideal for guests, extended family, or rental income. Its covered porch provides the perfect spot for morning coffee or an evening cocktail. Inside, the cottage features white shiplap walls in the living area, white tile kitchen walls, and pine wood flooring. The bedroom features warm wood-paneled walls, and the bathroom includes a shower. With its beach cottage charm, separate guest accommodations, inviting outdoor spaces, and enviable location less than one block from the Gulf, this property offers a wonderful opportunity to enjoy the laid-back coastal lifestyle while providing exceptional flexibility for guests or investment use.

$4,318/mo

Est. mortgage payment based on a $649,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1013418

Interior Features

Bedrooms
4
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$1,885
Tax Frequency
Annually
MLS provider logo

Courtesy of Mainsail Realty Company, 
Listing Contact: 850-585-1284 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Randy Carroll  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 Emerald Coast Association of REALTORS. All rights reserved.

Data last updated 3:52 AM UTC, 10/7/2026

Powered by Luxury Presence