House in Panama City Beach, Florida 5 bedrooms, 163.88 sq.m. № 562640
37

ID562640
$ 730 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Welcome to this stunning 3-story SHORT TERM ALLOWED beach house, ideally located just one block from the picturesque Grand Lagoon and a short walk away from the pristine white sandy beach. This remarkable vacation home has undergone extensive remodeling both inside and out, ensuring a modern and inviting living experience. Can easily be made into two units with lockout! Featuring a total of 5 bedrooms, 2.5 baths, and two additional bonus rooms, this beach house offers ample space for relaxation and enjoyment. The interior has been thoughtfully updated with new hot water heaters and a brand-new roof installed in October 2020, providing peace of mind and longevity to the home's infrastructure. You'll find not just one, but two newly remodeled kitchens equipped with stainless steel appliances, creating a stylish and functional space to prepare meals and entertain guests. The convenience of central HVAC ensures year-round comfort throughout the home, making it an ideal retreat regardless of the season.This beach house has proven to be an exceptional investment opportunity, with an impressive track record of generating substantial rental income. 2021 property generated over $75K in gross rentals and In 2022, the property achieved an actual gross rental income of $73,952.71. The year-to-date gross rental income for 2023 stands at $20,472.55, with over $12K on the books for future bookings to date, further highlighting its income-generating potential.
MLS #: 925663
Contact the seller
CityPanama City Beach
Address6222 Hilltop Avenue, Panama City Beach, FL 32408
TypeHouse
Bedrooms5
Living space163.88 m²
- m²
- sq. ft
Land area526.09 m²
- m²
- sq. ft
Completion dateIV quarter, 1977
Price
- Price
- per m²
$ 730 000
- EUR €
- USD $
- RUB ₽
- GBP £
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