3908 Ocean View Dr

Panama City, FL 32408

$1,295,000
Price
8
Beds
3,420 Sq. Ft.
$379 / Sq. Ft.
3,420
Sq. Ft.
$379
per Sq. Ft.

Description

Investors Spectacular and Modern ''Miami style'' Quadplex with Top-of-the-line finishes...4 Units (2Bed/1Bath each) in Panama City Beach currently producing $96k per year! Only a few steps from Beach access in the best side of town. perfect for Short-term rentals to increase the current income even more! The nicest Beachfront restaurants, Beach clubs, Shopping, Parks, convenience stores, and much more! Brand new everything: New impact windows/doors, new A/C units, Calacatta Tile flooring, Kitchen...Investors Spectacular and Modern ''Miami style'' Quadplex with Top-of-the-line finishes...4 Units (2Bed/1Bath each) in Panama City Beach currently producing $96k per year! Only a few steps from Beach access in the best side of town. perfect for Short-term rentals to increase the current income even more! The nicest Beachfront restaurants, Beach clubs, Shopping, Parks, convenience stores, and much more! Brand new everything: New impact windows/doors, new A/C units, Calacatta Tile flooring, Kitchen cabinets, White Quartz countertops, recessed lighting, gorgeous showers, Stainless steel appliances, freshly painted, washer/dryer inside the units! Very easy to show, call now...it won't last!
  1. Listed by Milton Vergara • Red Real Estate Associates, LL

Property Details for 3908 Ocean View Drive

Waterfront
No
Parking Features
Assigned
Subdivision Name
[No Recorded Subdiv]
Zoning Description
Resid Multi-Family
LISTING UPDATED: 06/09/2025 11:36 AM

Property Details for 3908 Ocean View Drive

StatusActive
MLS #773337
Days on Market38
Taxes$4,542 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Quadruplex
Year Built1982
Lot Size0.18 AC / 7,840 SF
CountyBay County

Location

Listing Courtesy of Red Real Estate Associates, LL
Add your commute

Building Information for 3908 Ocean View Drive

Stories2Residences4Year Built1982Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$7,164 per month

30 year fixed, 6.845% Interest

Principal and Interest

$6,785

Property Taxes

$379

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3908 Ocean View Drive

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: GPS
  • Postal Code: 32408
  • Latitude: 30.162931
  • Longitude: -85.778927
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30196-580-000
  • Association: No
  • Tax Annual Amount: $4,542.00
  • Tax Legal Description: SILVER SANDS UNIT 2 LOT 18 & TRI PRCL BLK F DESC AS COM AT THE SE COR OF LOT 18 TH RUN N68 DEG W 11.66' FOR POB TH CONT N68 DEG W FOR 59.43' N21 DEG E 100' TH RUN E 33.47' TH S 44.25' S14 DEG W 21.01' S11 DEG W 51.64' TO POB ORB 4721 P 702
  • Tax Year: 2024
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.18
  • Lot Size Dimensions: 100 x 77.97
  • Lot Size Square Feet: 7797.0
  • Living Area: 3420.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1982
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Patio
  • Fencing: Fenced
  • Pool Features: None
  • Community Features: Short Term Rental Allowed
  • Door Features: Storm Doors
  • Construction Materials: Stucco
  • Foundation Details: Slab
  • Patio And Porch Features: Open, Porch
  • Roof: Composition, Shingle
Interior Features
  • Stories Total: 2
  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 8
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Partially
  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Washer
  • Interior Features: Kitchen Island, Recessed Lighting
  • Window Features: Storm Windows
Room Information
Room 1
  • Room Area: 100.0
  • Room Dimensions: 10 x 10
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 4
Rental
Rental Information
  • Occupant Type: Occupied

Property History for 3908 Ocean View Drive

DateEvent & SourcePriceAppreciation
Jun 9, 2025

Price Change

CPAR #773337

$1,295,000—
May 12, 2025

Listed (Active)

CPAR #773337

$1,299,000—
Mar 14, 2014

Sold (Public Record)

Public Record #413206452

$213,000

+21.1% / yr

Mar 14, 2014

Sold

CPAR #615583

$213,000—
Mar 3, 2014

Pending

CPAR #615583

—
Dec 19, 2013

Listed (Active)

CPAR #615583

$239,000—
Nov 15, 2011

Sold (Public Record)

Public Record #320349512

$136,500

+10.1% / yr

Nov 17, 2009

Sold

CPAR #398462

$112,500—
Nov 12, 2009

Pending

CPAR #398462

—
Nov 10, 2009

Sold (Public Record)

Public Record #279115824

$112,500—
Sep 1, 2009

Listed (Active)

CPAR #398462

$159,900—
Jun 15, 2009

Expired

CPAR #390739

$235,000—
Jan 18, 2009

Listed (Active)

CPAR #390739

$235,000—
Sep 7, 2000

Expired

CPAR #177416

$159,000—
Mar 6, 2000

Listed (Active)

CPAR #177416

$159,000—
Dec 21, 1999

Sold

CPAR #94730

$149,900—
Jan 4, 1999

Pending

CPAR #94730

—
Jul 14, 1998

Listed (Active)

CPAR #94730

$134,900—
DateEvent & SourcePrice
06/09/2025

Price Change

CPAR #773337

$1,295,000
05/12/2025

Listed (Active)

CPAR #773337

$1,299,000
03/14/2014

Sold (Public Record)

Public Record #413206452

$213,000

+21.1% / yr

03/14/2014

Sold

CPAR #615583

$213,000
03/03/2014

Pending

CPAR #615583

—
12/19/2013

Listed (Active)

CPAR #615583

$239,000
11/15/2011

Sold (Public Record)

Public Record #320349512

$136,500

+10.1% / yr

11/17/2009

Sold

CPAR #398462

$112,500
11/12/2009

Pending

CPAR #398462

—
11/10/2009

Sold (Public Record)

Public Record #279115824

$112,500
09/01/2009

Listed (Active)

CPAR #398462

$159,900
06/15/2009

Expired

CPAR #390739

$235,000
01/18/2009

Listed (Active)

CPAR #390739

$235,000
09/07/2000

Expired

CPAR #177416

$159,000
03/06/2000

Listed (Active)

CPAR #177416

$159,000
12/21/1999

Sold

CPAR #94730

$149,900
01/04/1999

Pending

CPAR #94730

—
07/14/1998

Listed (Active)

CPAR #94730

$134,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3908 Ocean View Drive

Taxable ValueLand$188,860Additions$241,281Total$430,141
Tax Record2024$4,542 ($379 / month)
Home Facts
Total Finished SqFt3,420 SqFtAbove Grade Finished SqFt3,420 SqFtStories2Lot Size7,797 SqFtStyleQuadraplexYear Built1982Year Renovated2002ZoningBC17CountyBAYAPN30196-580-000

Schools near 3908 Ocean View Drive

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 3
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3908 Ocean View Drive is a multi-family home for sale in Panama City, FL 32408. This property was listed for sale on May 12, 2025 by Red Real Estate Associates, LL, it's currently listed at $1,295,000. It has been on the market for a total of 38 days and was last sold on March 14, 2014. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 3908 Ocean View Drive is a 8-bed, 4-bath, 3,420 sqft multi-family home built in 1982.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Red Real Estate Associates, LL

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.