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Panama City Beach,FL 32407
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
Garage Additional Parking,Driveway,Gravel,Oversized,Unpaved
Fence Fenced,Partial
Community Features Short Term Rental Allowed
Utilities Available Cable Available,Electricity Connected,Sewer Connected,Water Available
Waterfront No
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