$740,000
Panama City Beach, FL 32408
MLS# 738940
Status: Sold
4 beds | 4 baths | 2160 sqft
1 / 54
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to Tranquility & Harmony! This house is an investors dream with 2 rentals that are true to their name. Upstairs you will find a 2 bedroom and 2 bath nicely decorated unit ready for rental and downstairs there is a wonderful 2 bedroom 2 bath unit with bunks and built for entertaining large groups and families. There is a large utility room with 2 washers and 2 dryers and storage area. While sitting on the upstairs deck you will enjoy a view of the gulf. There is plenty of room on the property for a large lagoon style pool and hot tub. Out back you will find a covered pavilion with picnic tables and grills for guest and even a turn out area for your fur baby. Oh, and did we mention location? 2 blocks from beach access #5. No HOA
Details
Maps
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 2601
Last Tax Year: 2022
Brokerage Interest: No Interest
As Is: Yes
Contract Info
List Price/SqFt: 369.91
Status: Sold
List Date: 2023-03-17
List Price: $799,000
Current Price: $740,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Traveling on Hwy 98 turn onto Thomas Dr. headed South. Turn right on Beach Dr., property will be located on the right.
Area: 03 - Bay County - Beach
Street #: 5216
Street Name: Beach
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Biltmore Beach
Parcel ID: 31749-000-000
Legal Description: BILTMORE BEACH LOT 4 BLK D ORB 4144 P 765 MAP 70B2
General Property Info
Acreage: 0.13
Design: Duplex
Lot Size (SqFt): 5837
Apx SqFt(Htd/Cooled): 2160
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 50x100
Garage Y/N: No
Sub-Type: Duplex Multi-Units
Bedrooms: 4
Full Baths: 4
Total Baths: 4
Year Built: 1983
Remarks & Misc
Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
Welcome to Tranquility & Harmony! This house is an investors dream with 2 rentals that are true to their name. Upstairs you will find a 2 bedroom and 2 bath nicely decorated unit ready for rental and downstairs there is a wonderful 2 bedroom 2 bath unit with bunks and built for entertaining large groups and families. There is a large utility room with 2 washers and 2 dryers and storage area. While sitting on the upstairs deck you will enjoy a view of the gulf. There is plenty of room on the property for a large lagoon style pool and hot tub. Out back you will find a covered pavilion with picnic tables and grills for guest and even a turn out area for your fur baby. Oh, and did we mention location? 2 blocks from beach access #5. No HOA
Status Change Info
Sold Price/SqFt: 342.59
Sold Price/Acre: 5692307.69
Under Contract Date: 2023-08-02
Sold Date: 2023-09-20
Sold Price: $740,000
Bunk Room
First: 1
Appliances
Cooktop - Electric: 1
Water Heater - Electric: 1
Exterior
Deck Open: 1
Fenced Back Yard: 1
Patio Covered: 1
Furnished
Furnished: 1
Interior
Bunk Room: 1
Kitchen
First: 1
Living Room
Second: 1
Parking Features
Additional Parking: 1
Rooms
Bedroom: 1
Bunk Room: 1
Kitchen: 1
Living Room: 1
Utilities
All Utilities: 1
Waterview
Gulf: 1
Accessibility Features
Common Area: 1
Bedroom
First: 1
Second: 1
Cooling
Ceiling Fan(s): 1
Mini-Split/Ductless: 1
Heating
Mini-Split/Ductless: 1
Property Features
Accessibility Features: Common Area
Appliances: Cooktop - Electric; Water Heater - Electric
Bedroom: First; Second
Cooling: Ceiling Fan(s); Mini-Split/Ductless
Heating: Mini-Split/Ductless
Exterior: Deck Open; Fenced Back Yard; Patio Covered
Furnished: Furnished
Interior: Bunk Room
Kitchen: First
Living Room: Second
Bunk Room: First
Parking Features: Additional Parking
Rooms: Bedroom; Bunk Room; Kitchen; Living Room
Utilities: All Utilities
Waterview: Gulf
Supplements
Close to some wonderful beach attractions and restaurants like Schooners, St. Andrews State Park, and Capt. Anderson's. If you are looking for your own personal beach home to live in this unit would be perfect for you to use the second unit as an income producing rental or for your family and friends. Both kitchens have stainless appliances and butcher block counters. Tile and vinyl flooring throughout and both units have been completely updated. There is a custom tile outdoor shower to wash off the beach at the end of the day. The possibilities are endless with this already great property. Just bring your imagination. Downstairs master/in-law suite can also be used independently with its own private entrance if desired while producing income through the other 2.units. This property is a cash flow cow with fantastic ROI. It's projected to produce at least 100k in revenue per year. Take advantage of a unique opportunity to be your own boss and having the hundreds of thousands of visitors to PCB paying your mortgage or expanding your real estate portfolio. Current SUPERHOST owner with multiple U.S and international short-term rental properties and over 2000 confirmed reservations is willing to stay on at least 60-90 days onboarding and teaching trade secrets acquired through many years and vast experience in this industry.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
| Bunk Room | First | 14 x 7 | 14.00 | 7.00 | 14 x 7 |
| Bedroom | First | 14 x 11 | 14.00 | 11.00 | 14 x 11 |
| Living Room | Second | 15 x 14 | 15.00 | 14.00 | 15 x 14 |
| Kitchen | First | 28 x 11 | 28.00 | 11.00 | 28 x 11 |
| Bedroom | Second | 11 x 10 | 11.00 | 10.00 | 11 x 10 |
| Bedroom | Second | 13 x 9 | 13.00 | 9.00 | 13 x 9 |
Listing Office: Beach Haven Realty
Last Updated: September - 25 - 2024
Information deemed reliable but not guaranteed.