Miramar Beach 1st Real Estate

Welcome to Miramar Beach 1st, a picturesque subdivision nestled in the heart of Panama City Beach, Florida, within Bay County. This enchanting community embodies the quintessential Florida lifestyle, offering residents a blend of serene coastal living and vibrant local culture.

Miramar Beach 1st is characterized by its charming residential streets lined with beautifully designed homes, many of which showcase stunning views of the Gulf of Mexico. With its close proximity to pristine sandy beaches, residents can enjoy sun-soaked days filled with swimming, beachcombing, and water sports. The area is perfect for families, retirees, and anyone looking to embrace the laid-back beach lifestyle.

One of the highlights of living in Miramar Beach 1st is the abundance of recreational activities available right at your doorstep. Enjoy biking along the scenic coastline, exploring nearby parks, or indulging in the local dining scene, which features everything from fresh seafood to cozy cafes. The community is also conveniently located near shopping centers, entertainment venues, and golf courses, ensuring that there's always something to do.

For those who appreciate nature, the nearby St. Andrews State Park offers breathtaking landscapes and diverse wildlife, perfect for hiking, fishing, and picnicking. Whether you’re looking to invest in a vacation home or seeking a permanent residence, Miramar Beach 1st promises a lifestyle filled with sun, sand, and community spirit. Experience the charm and warmth of this beautiful subdivision, where your dream coastal living awaits!

Newest Listings in Miramar Beach 1st

$799,900

3 Beds ⋅ 2 Baths ⋅ 791996 MLS

ATTENTION 1031 EXCHANGE BUYERS, INVESTORS, DEVELOPERS, & DESIGN ENTHUSIASTS: This is not just a beach lot--it is an active, cash-flowing asset with massive structural equity and huge development upside. Located less than 400 feet from the sand in Panama City Beach proper (Miramar Heights) with protected, elevated Gulf views, this rare 0.24-acre double lot offers an immediate return on investment alongside future development flexibility. THE CASH FLOW & INVESTMENT: • Turnkey Revenue: Proven 4-year rental history averaging $3,425/month in gross income. • Immediate Income: Current reliable tenants are already in place, making this an ideal, seamless vehicle for 1031 exchange placement from day one. • The Layout: Set up as a highly functional, income-producing configuration featuring a 2BR/1BA main home plus a completely separate, private-entrance studio apartment with its own kitchen and full bath. THE ARCHITECTURAL VALUE: Forget cookie-cutter beach builds. The existing structure is a rare, mid-century modernist jewel built in the classic California Eichler style. It features stunning original terrazzo floors, striking tongue-and-groove cathedral wood ceilings, and timeless stucco construction. A preservationist's dream beach retreat or a luxury hybrid rental space with unparalleled character. THE DEVELOPER / ASSEMBLAGE OPPORTUNITY: Zoned R-1c and situated entirely in a preferred Flood Zone X (no flood insurance required by Lender!). Because the structure sits on an oversized double lot, there is an opportunity to be subdivided into two premium buildable lots with Gulf views. Crucially, this property is surrounded on all sides by vacant lots, creating a rare and highly lucrative potential assemblage play for an investor looking to capture a massive, continuous footprint on the quiet west end of PCB. Whether you choose to collect the steady $3,400+/month check, restore a mid-century modernist masterpiece with a resort-style pool yard, or leverage the surrounding vacant parcels for a major development play, the ceiling on this property is incredibly high. Sold as-is. Do not disturb tenants. Buyers to verify all dimensions and zoning specs.

253 Deermont Street, Panama City Beach

Listing courtesy of Think Real Estate.

$375,000

791895 MLS

ONE BLOCK FROM THE BEACH!! Who WOULDNT want to build a custom home one block from the beach!? Grab your piece of Paradise before its gone! This blank lot is ready for someones non rental dream home! Live in a neighborhood with no rentals and permanent neighbors who love the area as much as you do! At .17 acre it is a sizeable lot for Beach property. The lot is available next door as well. Put together and it will be one third of an acre! The dreams that can be built there are countless! Come develop your own piece of Paradise!

S Vestavia Street, Panama City Beach

Listing courtesy of Keller Williams Realty Emerald.

$360,000

791894 MLS

Lynn Street, Panama City Beach

Listing courtesy of Keller Williams Realty Emerald.

$725,000

2 Beds ⋅ 2 Baths ⋅ 788178 MLS

Charming beachside home located just one block from Panama City Beach. The home features an updated kitchen with stainless steel appliances, modern countertops, and quality finishes, along with updated bathrooms showcasing elegant tile work. A versatile flex room provides the option for a third bedroom, home office, or additional living space. The exterior offers a large fenced backyard with well-maintained grass, providing ample space for outdoor activities and room for a pool. Additional features include an outdoor shower, landscape lighting, a storage shed with covered seating area, attached garage, and additional covered parking. Enjoy a Gulf view from the property and take advantage of the prime location near Pier Park, local dining, shopping, and entertainment, with convenient access to the 30A area. Recent updates include a new roof installed in July 2024 with a 10-year, 130 MPH warranty, and an A/C unit approximately 6 years old. This property presents an excellent opportunity for a primary residence, second home, or investment property in a highly desirable beachside location.

17850 Lynn Street, Panama City Beach

Listing courtesy of EXP Realty LLC.

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