Panama City Beach, FL 32413,204 Third Street
Panama City Beach, FL 32413,204 Third Street
Panama City Beach, FL 32413,204 Third Street
Panama City Beach, FL 32413,204 Third Street
Panama City Beach, FL 32413,204 Third Street
Panama City Beach, FL 32413,204 Third Street
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$ 749,000
Est. payment | /mo

5 Beds

4 Baths

2,276 SqFt


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$ 749,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,276 SqFt

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

Construction Status Construction Complete

HOA Fees $500/ann

HOA Y/N Yes

Year Built 1997

Property Description

Producing over $91,000 in actual rental income this year, 204 Third Street is a premier investment property located only 8 minutes from Rosemary Beach. This is a rare opportunity to own 3 separate income-producing beach homes on 1 oversized 50x140 lot near the beach. The 3 homes generated over $83,000 in rental income last year and come with low operating expenses positioned in a neighborhood with a voluntary $500 POA fee to maintain the private beach access gate. These homes will be sold 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

Guest Accommodations Beach,Short Term Rental - Allowed

Kitchen First

Interior

Interior Features Furnished - All, Renovated

Exterior

Pool None

Community Features Beach, Short Term Rental - Allowed

Utilities Available Electric, Gas - Natural, Public Water, Septic Tank, Sewer Available

Private Pool No

Building

Story 1.0

Structure Type Roof Metal

Construction Status Construction Complete

Schools

Elementary Schools Breakfast Point

Others

HOA Fee Include Ground Keeping

Assessment Amount $500

Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect

Listed by 30A Homes Sales
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204 Third Street