622 Gardenia ST Active

Panama City Beach,FL 32407

$ 990000

2 Beds

2 Baths

760 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 760 sqft

Price per Sqft $1,302

Subdivision Bahama Beach

MLS Listing ID 762988

Style Coastal

Bedrooms 2

Full Baths 2

Year Built 1952

Annual Tax Amount $3,174

Tax Year 2023

Lot Size 0.330 Acres

Property Description

Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation or Multi-Family use in the heart of Panama City Beach. Comes as a double lot with a turnkey 2 Bedroom/ 1.5 Bath, 760 sq ft house. The lot has enough space for 2 structures! Imagine the potential to build Two Duplex's with enough room for pools and potential views of the Gulf of Mexico on the top floors. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility and new development happening all around, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 5-minute walk to the beautiful beaches. The owner has blueprints for a duplex on the vacant lot that can be included in the sale. Comes with building plans for a duplex.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central,Electric

Cooling Central Air,Electric

Exterior

Parking Features Additional Parking,Driveway,Gravel,Oversized,Unpaved

Fence Fenced,Partial

Community Features Short Term Rental Allowed

Utilities Available Cable Available,Electricity Connected,Water Available

Roof Type Composition,Shingle

Building

Lot Description Corner Lot

Foundation Slab

Schools

Elementary Schools Hutchison Beach

Middle Schools Surfside

High Schools Arnold

Others

Acceptable Financing Cash,FHA,VA Loan

Listing Terms Cash,FHA,VA Loan

Special Listing Condition Listed As-Is

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