21311 Caribbean Lane, Panama City Beach, FL, 32413

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$715,000
1 Day On Site

21311 Caribbean Lane
Panama City Beach, FL 32413

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
1,475
SqFt
$485
/SqFt
2014
Built
Subdivision:
RIVIERA BEACH
County:
Bay
Listing courtesy of Peter McLellan of Premier Agent Network Inc

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21311 Caribbean Lane21311 Caribbean Lane21311 Caribbean Lane21311 Caribbean Lane
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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.

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Listing Snapshot
Price 
$715,000
Days On Site 
1 Day
Bedrooms 
3
Inside Area (SqFt) 
1,475 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.13 Acres
Year Built 
2014
MLS Number 
1015294
Status 
Active
Property Tax 
$6,625.58
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
an hour agoStatus changed to Active
an hour agoListing updated with changes from the MLS
yesterdayListing first seen on site
General Features
Acres 
0.13
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
1
Parking 
AttachedGarage
Parking Spaces 
4
Property Sub Type 
Single Family Residence
Security 
Security SystemSmoke Detector(s)
Sewer 
Septic Tank
SqFt Total 
1475
Style 
Beach House
Utilities 
Electricity Available
Water Source 
Public
Zoning 
Resid Single Family
Interior Features
Appliances 
DishwasherDryerFreezerMicrowaveWasherElectric Water HeaterElectric Oven
Cooling 
Central AirCeiling Fan(s)Electric
Flooring 
Tile
Furnished 
Furnished
Heating 
Heat Pump
Interior 
Breakfast BarTray Ceiling(s)Kitchen IslandRecessed LightingPantry
Spa 
Yes
Window Features 
Window Treatments
Bedroom 
Dimensions - 12.6 x 11.5Level - First
Dining Area 
Dimensions - 10 x 9.8Level - First
Garage 
Dimensions - 22.6 x 12Level - FirstDescription - Games room
Kitchen 
Dimensions - 12 x 10.6Level - First
Laundry 
Dimensions - 7.6 x 5.2Level - First
Living Room 
Dimensions - 15.6 x 15Level - First
Master Bathroom 
Dimensions - 11 x 5Level - First
Master Bedroom 
Dimensions - 15.6 x 13.2Level - First
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Exterior Features
Construction Details 
Shake Siding
Exterior 
Outdoor GrillPrivate YardRain Gutters
Fencing 
Privacy
Lot Features 
Level
Patio And Porch 
PatioPorchCovered
Road Frontage 
City Street
Roof 
Metal
Spa 
Yes
Windows/Doors 
Window Treatments
Community Features
MLS Area 
27 - Bay County
Roads 
Paved
Schools
School District
Unknown
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Listing courtesy of Peter McLellan of Premier Agent Network Inc



Listing information is provided by Participants of the Emerald Coast Association of Realtors MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Emerald Coast Association of Realtors MLS.
Last checked: 2026-11-11 01:42 AM UTC

Neighborhood & Commute
Source: Walkscore
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