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About This Home

This 4-bedroom, 3-bathroom single family at 16400 Castile Avenue in Panama City Beach, FL is listed for $639,000 ($265 per sqft). Built in 1970, the home offers 2,407 sqft of living space on a 0.45 acres lot.

Agent Description

UNMATCHED VALUE ON THE WEST END! This exceptional 4-bedroom, 2.5-bathroom all-brick ranch offers the absolute best price per square foot in the neighborhood. Perfectly situated on a massive 0.45-acre corner lot with NO HOA, this property is fully approved for short-term rentals (STR) and comes beautifully furnished (all main decor included)--making it the ultimate turnkey investment or move-in ready beach home!

Step inside to an expansive great room that flows seamlessly into a bright, modern kitchen with updated appliances, premium finishes, and a spacious dining area. Need extra space? The large 16x16 bonus flex room provides endless versatility as a 5th bedroom option, home office, or media room.

Major structural upgrades offer total peace of mind: a 2018 roof, high-impact rated windows with solar-tinted glass for maximum energy efficiency, and a climate-controlled garage with a dedicated mini-split AC-perfect for a workshop or golf cart storage.

Nestled safely in preferred Flood Zone X (no flood insurance required by most lenders!), you are just a quick golf cart ride to the beach, around the corner from a rare coastal dune lake and community playground, and only 1 mile from Pier Park shopping, dining, and entertainment.

This property delivers the rare acreage, square footage, and cash-flow potential that is nearly impossible to find on the West End of PCB. See it today before this incredible deal is gone! Buyer to verify all information and measurements deemed important.

Key Features

  • Built in 1970
  • 0.45 acre lot

Property Details

1 story
2 full, 1 half
1970

Amenities

SolarA/C

Monthly Cost Estimate

$3,418/mo

20% down · 6.5% · 30 years

Principal$462
Interest$2,769
Insurance$186

Estimates only. Actual payments may vary.

Location

16400 Castile Avenue

Panama City Beach, FL 32413

Diamond Head-Lakeside

Features & Amenities

Interior Features

DoubleVanityMainLevelPrimaryWalkInClosets

Property Details

Construction

Brick

Pool Features

Patio

Heating

Central

Cooling

Heat PumpCentral Air

Appliances

ElectricOven

Questions & Answers

This 4-bedroom, 3-bathroom single family at 16400 Castile Avenue is listed at $639,000 ($265/sqft). The estimated monthly payment is $2,769 based on 20% down at 6.5% interest.

Key features include: Built in 1970, 0.45 acre lot. Interior Features: DoubleVanity, MainLevelPrimary, WalkInClosets.

This property is listed by Melanie L Luke and can be reached at 8509195931 or Melanieluke@beachybeach.com.

ML

Melanie L Luke

Agent at Beachy Beach Real Estate

(850) 919-5931

Listed by Beachy Beach Real Estate · View on Broker Site

MLS# 789884· Source: listhub· Updated 42 days ago

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16400 Castile Avenue, Panama City Beach, FL 32413

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