tomo logo

$10,950,000

Beds
7
Baths
8.0
sq ft
5,624

386 Beachside Dr, Panama City Beach, FL 32413

386 Beachside Dr

Panama City Beach, FL 32413

  • 10 days on market
Beautiful landscaping, incredible views and the finest building materials create this spectacular beach home on a 50 foot Gulf of Mexico lot in the gated beachfront community of Carillon Beach. The construction of the home is solid concrete with finishes, inside and out, of beautiful solid natural stone, onyx and granite. The elegant white Italian marble fountain and greenery welcome you to the home's entrance. The three-story main house has an inviting covered entry on the first floor and on the inside, a half bath, elevator, and stunning circular stairway adorned with hand wrought metalwork draw you in. The oversize garage, golf cart garage, bicycle storage, outdoor furniture storage, and supply storage room are all a part of the first floor. The garage and all storage areas are all conditioned space. There are approved DEP plans to add two additional bedrooms on the first floor, if desired. The second floor consists of a guest bedroom and bath, covered outdoor grilling area, kitchen with bar area, oversized island with seating, Wolf gas 4-burner range with grill, SubZero refrigerator/freezer, icemaker, and two sinks. The dining area, adjacent to the kitchen has a large table. The living room completes the open plan concept with fireplace and full Gulf of Mexico views that open out to a massive covered porch with gas and glass fireplace. Continuing up the spiral staircase to the third floor is an open study area with private outdoor porch and two en suite guest bedrooms. There is a nicely located and large laundry room with 4 cleaning/drying units and closets for hanging/drying clothes. For convenience, it opens to the custom master closet. The master suite encompasses the entire width of the upper floor, overlooking the glorious Gulf views from Panama City Beach to Destin. A large shower unit and free standing solid copper footed bath along with large double sink and storage area complete the master bathroom. This area also has a lovely private, outdoor covered porch.The guest house is accessible from the ground floor or from the overhead walkway on the second floor that leads from the main house to the guest quarters. The first floor of the guest house has a guest bedroom, a bunk area, and two full baths. Upstairs is a large open plan great room with full bath and kitchen with Subzero refrigerator/freezer, Kitchenaide microwave and two burner gas cooktop. A well planned island with seating completes this space.Step out onto the private beach walkover and you're on the beach. Community pool and Lake Carillon are across the street. This is a dream home!

Details

Property type

Single Family Residence

Est. home value

$8,006,178

Lot size

0.33 acres

Price per sq ft

$1,948

Year built

2016

Annual property taxes

$23,779

Monthly HOA fee

$429.21

Price History

02/14/2025
CentralPanhandle

CentralPanhandle #768831

Listed
$10,950,000
-8.37%
09/25/2024
CentralPanhandle

CentralPanhandle #754640

Removed
$11,950,000
03/22/2024
CentralPanhandle

CentralPanhandle #754640

Listed
$11,950,000

Schools & Community

Elementary school: 

West Bay

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Gated, Fitness Center, Fishing, Playground, Park, Tennis Court(s), Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

General Electric Capital Corp

Loan start date

July 2009

Original loan amount

$1,000,000

Est. remaining balance

Not provided

Interest rate

5.59%

Loan type

Not Provided

Seller

Monir Lou Sobh and Georgia L Sobh

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/24/2025 at 7:50 PM

Listing updated: 02/17/2025 at 11:59 AM

Listed by: Frances W Bright, Carillon Realty Inc Phone #: (850) 234-5600

MLS: CentralPanhandle #768831

CentralPanhandle logo