204 Third Street Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32413
Key Details
Property Type Single Family Home
Sub Type Beach House
Listing Status Active
Purchase Type For Sale
Square Footage 2,276 sqft
Price per Sqft $329
Subdivision Sunnyside Plat
MLS Listing ID 965177
Bedrooms 5
Full Baths 4
HOA Fees $41/ann
Year Built 1997
Property Sub-Type Beach House
Property Description
Producing over $90K in actual gross rental income for 2024, 204 Third Street is a highly unique investment property located only 8 minutes from 30A. 204 Third Street offers 3 separate income-producing beach homes on an oversized lot near the beach. The three homes have a proven rental history, generating over $83,000 in gross rental income for 2023. And the homes have low expenses. The property conveys fully-furnished and with strong rental bookings in place for 2025. All three homes have been beautifully renovated and come with new metal roofs and new hot water heaters. The value of this oversized lot is tremendous being located on a dead-end street & positioned by a private beach access.
Location
State FL
County Bay
Area 27 - Bay County
Zoning Resid Single Family
Rooms
Kitchen First
Exterior
Pool None
Community Features Beach,Short Term Rental - Allowed
Utilities Available Electric,Gas - Natural,Public Water,Septic Tank,Sewer Available
Building
Story 1.0
Structure Type Roof Metal
Schools
Elementary Schools Breakfast Point
Others
Assessment Amount $500