21311 Caribbean LN, Panama City Beach, FL 32413
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21311 Caribbean LN, Panama City Beach, FL 32413
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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21311 Caribbean LN Panama City Beach, FL 32413

3 Beds

2 Baths

1,475 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,475 sqft

Price per Sqft $484

Subdivision Riviera Beach

MLS Listing ID 797791

Style Coastal

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 2014

Annual Tax Amount $6,625

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Single Family Residence

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 03 - Bay County - Beach

Interior

Interior Features Double Vanity, Main Level Primary, Walk-In Closet(s)

Heating Central, Electric, Forced Air, Heat Pump

Cooling Central Air, Ceiling Fan(s), Heat Pump

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker

Exterior

Exterior Feature Fire Pit

Parking Features Additional Parking

Garage Spaces 1.0

Garage Description 1.0

Fence Fenced, Partial, Privacy

Community Features Short Term Rental Allowed

Utilities Available Electricity Available, Natural Gas Available

Roof Type Metal

Accessibility Accessible Washer/Dryer, Accessible Bedroom, Accessible Common Area, Accessible Closets, Accessible Kitchen, Accessible Central Living Area, Visitor Bathroom, Accessible Doors, Accessible Entrance, Accessible Hallway(s)

Porch Covered, Patio, Porch

Private Pool No

Building

Lot Description Sprinkler System, Paved

Story 1

Entry Level One

Foundation Slab

Sewer Sewer Tap Paid

Architectural Style Coastal

Level or Stories One

New Construction No

Stories 1

Floor Plan One

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Senior Community No

Restrictions Short Term Rentals Allowed

Tax ID 35482-010-000

Security Features Carbon Monoxide Detector(s),Security System,Smoke Detector(s)

Financing Other

Special Listing Condition Listed As-Is


Listed by Premier Agent Network Inc
Debbie Kirkland

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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21311 Caribbean LN