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Debbie Kirkland

[email protected] +1(850) 212-0440

$ 1,290,000

Est. payment -/mo

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117 Rose LN Panama City Beach, FL 32413

6 Beds

5 Baths

2,344 SqFt

UPDATED:

01/04/2025 03:55 AM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,344 sqft

Price per Sqft $550

Subdivision Laguna Beach Estates 1St Add

MLS Listing ID 766542

Style Coastal

Bedrooms 6

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $9,571

Tax Year 2023

Lot Size 9,147 Sqft

Acres 0.21

Property Description

Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $106k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists.Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach.The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024)The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment.With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Breakfast Bar, Fireplace

Heating Central, Fireplace(s)

Cooling Central Air, Ceiling Fan(s)

Furnishings Furnished

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer

Exterior

Exterior Feature Fire Pit, Outdoor Shower, Patio

Parking Features Driveway, Oversized

Fence Fenced, Privacy

Pool Electric Heat, In Ground, Salt Water

Community Features Short Term Rental Allowed

Utilities Available Cable Connected, Phone Connected, Septic Available, Trash Collection

Roof Type Composition,Shingle

Accessibility Accessible Approach with Ramp

Building

Foundation Slab

Sewer Septic Tank

Architectural Style Coastal

Additional Building Shed(s)

Schools

Elementary Schools West Bay

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 36644-000-000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Listed As-Is

Listed by Keller Williams Success Realty

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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Tallahassee, FL

Debbie Kirkland

117 Rose LN Panama City Beach, FL 32413

Key Details

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Interior

Exterior

Building

Schools

Others

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117 Rose LN