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Panama City,FL 32408
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,655 sqft
Price per Sqft $300
Subdivision No Named Subdivision
MLS Listing ID 762676
Style Duplex
Bedrooms 5
Full Baths 4
Year Built 1983
Annual Tax Amount $3,606
Tax Year 2023
Lot Size 6,534 Sqft
Property Description
INVESTORS!! This is a must-see property with a proven rental history. Projections show an anticipated $85K - $100K in rental income. Completely renovated, these two rental units are located in the middle of all of the excitment on the east end of the beach. Guests can sit on the balcony and overlook the marina, Grand Lagoon and Capt. Anderson's restaurant while they enjoy the breeze from the bay. A covered sitting area, swim spa and gorgeous shower are part of the outdoor eperience. The studio apartment on the ground floor sleeps four, with a kitchenette, Murphy bed and sitting area. Upstairs is more than 2000 square feet, with two primary bedroom ensuites. Two more bedrooms share a Jack and Jill bathroom. The kitchen with it's granite countertops and island, along with the family room and fireplace are the comfortable heart of the home! Easy access to all that the east end has to offer! St. Andrew State Park, beautiful beaches and incredible dining are only minutes away! Some of the improvements in the remodel include: new solid metal roof, all new windows and doors, new and resurfaced railing and decks, new Heatpump upstairs, new mini split in the studio apartment, new water heaters, hooked up to city water and sewer. Property is being sold fully furnished. Call your favorite agent to see this versatile rental property today!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central,Fireplace(s)
Cooling Ductless,Heat Pump
Fireplaces Type Electric
Exterior
Exterior Feature Balcony,Deck,Outdoor Shower
Garage Carport,Driveway,Oversized,Paved
Fence Privacy
Pool Pool/Spa Combo
Community Features Short Term Rental Allowed
Utilities Available Electricity Connected
Waterfront No
View Y/N Yes
View Bay
Roof Type Metal
Building
Lot Description Corner Lot
Dwelling Type Duplex
Story 2
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Listed As-Is