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3910 Wasp Street, Panama City Beach, FL 32408

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For Sale
Sale Pending

$1,199,990

4 beds • 3 baths • 1 half baths • 2,594 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • 2007
    Year built

  • $462.60
    Price per square foot

  • Electric
    Fireplace Description

Explore this Property

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to this incredible ONE-OF-A-KIND, SHORT-TERM RENTAL OASIS with a custom ISLAND STYLE POOL!This incredible turn-key, fully furnished short-term rental is a rare find -- boasting 5-star reviews, no HOA or deed restrictions, and bookings nearly filled in 2025!A ONE-OF-A-KIND PROPERTY:Set on an oversized parcel combining two expansive lots, this property is a standout in the high-demand South Lagoon investor market. The showpiece of the estate is a custom-designed, island-style pool shaped like a giant fish, complete with a Jacuzzi, swim-up bar, water slide, and an outdoor tiki bar and grill. By night, the LED-lit pool transforms into a light and water show -- an unforgettable space for guests and owners alike.SPACIOUS & STYLISH LIVING:The three-story, 4-bedroom, 3.5-bath home offers spacious, modern living areas and a seamless flow between indoor and outdoor entertaining. The ground-floor heated and cooled game room is a guest favorite, featuring a pool table, TV, games, and more -- ensuring repeat business and happy visitors year after year.INCOME & INVESTMENT POTENTIAL:This property consistently generates $100,000-$200,000 in gross annual rental income, with even greater potential depending on personal use and booking availability. With no HOA restrictions, you're free to make this your private high-yielding rental retreat! ADDED PERKS: Behind the pool is a gated area with separate road access -- perfect for storing an RV, boat, jet skis -- OR -- Building a separate 1-2 Bedroom Rental to generate even more Income! Its prime location places you minutes from boat ramps, Shell Island, St. Andrews State Park, the Gulf of Mexico, and all the local attractions, dining, and entertainment Panama City Beach is famous for.Don't Miss This Rare Opportunity!Schedule your private showing today and experience this South Lagoon paradise.
MLS# 767130

Listed By CENTURY 21 Ryan Realty

Property Features

  • Appliances
    Dishwasher, Dryer, Garbage Disposal, Microwave, Range / Oven, Refrigerator, Washer
  • Community Type
    Gated
  • Cooling
    Central A/C
  • Exterior
    Sprinkler System
  • Exterior Description
    Vinyl Siding
  • Exterior Living Space
    Patio
  • Fireplace Description
    Electric
  • Garage Description
    Carport
  • General
    Ceiling Fan(s)
  • Heating - Fuel Type
    Other
  • Heating Type
    Other
  • Lot Size
    0.28 Acres
  • Roof
    Metal Roof
  • Style
    Other Style

Map and Directions

Directions to 3910 Wasp Street, Panama City Beach, FL 32408

Home seller Meet the Agent,
Shelly Callaway

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Shelly Callaway

of CENTURY 21 Ryan Realty

(850) 532-9332
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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