21311 Caribbean LN, Panama City Beach, FL 32413
21311 Caribbean LN, Panama City Beach, FL 32413
21311 Caribbean LN, Panama City Beach, FL 32413
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$715,000
Est. payment /mo
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3 Beds
2 Baths
1,475 SqFt
New

21311 Caribbean LN Panama City Beach, FL 32413

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Key Details

Property Type Single Family Home

Sub Type Detached Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,475 sqft

Price per Sqft $484

Subdivision Riviera Beach

MLS Listing ID 1015294

Style Beach House

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 2014

Annual Tax Amount $6,625

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 110 x 50

Property Sub-Type Detached Single Family

Source Emerald Coast Association of REALTORS®

Land Area 1475

Property Description

Toasted Coconut is a fully turnkey 3 bed, 2 bath Riviera Beach rental with a track record most investment properties can't match. It's an Airbnb Guest Favorite in the top 5% of eligible listings, with a 4.96 rating across 121 reviews and perfect 5.0 scores for cleanliness, accuracy, check-in, communication and value. The host is a Superhost. Gross rental revenue was $67,226 in 2024 and $68,433 in 2025, and the owners project about $70,000 for 2026. It sells fully furnished and fully equipped, sleeps 10, and is ready to keep earning from day one. A buyer can take over the operation without buying furniture, renovating or building a booking history from scratch.
The location drives those numbers. Riviera Beach sits on the west end of Panama City Beach, about 10 minutes from both Pier Park and Scenic 30A. Guests are a short walk or a one-minute golf cart ride from the white sand at Gulf beach access #86, with Conservation Park's 24 miles of trails a short drive away. There's no HOA, so no association fees and no HOA rental restrictions.
The owners have run this home well and reinvested in it every year. Since 2023 they've added a new Rheem two-stage heat pump HVAC system with corrosion protection and a 10-year parts warranty, a new 50-gallon water heater, a new Maytag washer and dryer, all-new furnishings and a full interior refresh covering lighting, fixtures, paint, trim, faucets and hardware. The HVAC is serviced twice a year and the septic is regularly maintained. The home was built in 2014 to Florida Building Code wind-mitigation standards and has a metal roof, which helps on insurance and on peace of mind.
Inside, the kitchen, dining and living areas open into one space under a tray ceiling. The kitchen has granite counters, stainless appliances, a large breakfast bar and a pantry. The primary suite sits at the back of the home for privacy, with its own tray ceiling, a walk-in closet, a tile shower and a double vanity. The second bedroom has plenty of room, and the bunk room sleeps four.
Out back, the fenced yard is the space guests mention most in their reviews. It has a covered patio, a hot tub that conveys, a fire pit and a gas grill. A covered front porch, a single-car garage, extra parking and a Nest doorbell and camera system round it out.
The hard part is already done: the home is furnished, upgraded, highly rated and has three full years of revenue history. All that's left is to pick up the keys and keep the bookings coming.

Location

State FL

County Bay

Community Short Term Rental - Allowed

Area 27 - Bay County

Zoning Resid Single Family

Direction From Panama City Beach Pkwy (Hwy 98), turn south onto Le Grand Dr. Follow Le Grand Dr, turn right onto Caribbean Ln, and the property is the third home on the left.

Rooms

Primary Bedroom Level Main

Master Bedroom true

Kitchen true

Interior

Interior Features Breakfast Bar, Ceiling Tray/Cofferd, Kitchen Island, Lighting Recessed, Owner's Closet, Pantry, Pull Down Stairs, Wallpaper, Walls Paneled, Washer/Dryer Hookup

Heating Heat Pump Air To Air

Cooling Ceiling Fans, Central Air

Flooring Floor Tile

Furnishings Furnished - All

Window Features Window Treatment All

Appliance Dishwasher, Dryer, Freezer, Microwave, Refrigerator W/IceMk, Security System, Smoke Detector, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect

Laundry true

Exterior

Exterior Feature Rain Gutter, BBQ Pit/Grill, Columns, Fenced Back Yard, Hot Tub, Sprinkler System, Covered Patio, Open Porch, Fenced Backyard, Privacy Fence, BBQ / Grill, Hot Tub, Sprinkler System, Rain Gutters, Columns

Garage Spaces 1.0

Fence Fenced Privacy

Community Features Short Term Rental - Allowed

Utilities Available Electric, Public Water

Roof Type Metal

Street Surface Paved

Porch Patio Covered, Porch Open

Road Frontage City Street

Garage Yes

Building

Lot Description Level, Survey Available, Within 1/2 Mile to Water

Faces From Panama City Beach Pkwy (Hwy 98), turn south onto Le Grand Dr. Follow Le Grand Dr, turn right onto Caribbean Ln, and the property is the third home on the left.

Story 1

Sewer Septic Tank

Architectural Style Beach House

New Construction No

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Pets Allowed No

Tax ID 35482-010-000

Special Listing Condition Accept Backup Offers


 Emerald Coast MLS - IDX
Listed by Peter McLellan Premier Agent Network Inc

Nearby Locations

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Jeff House

Jeff House

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+1(434) 981-2585

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21311 Caribbean LN