204 Third Street, Panama City Beach 32413 (Active)

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Listing Information

Property Type: Detached Single Family
MLS #: 965177 Price: $749,000.00 Year Built: 1997
Square Feet: 2276 Bedrooms: 5 Bathrooms: 4 Full
HOA Fees: $500.00 Lot Size: Not available Lot Dimensions: 50x140

Subdivision: Sunnyside Plat

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.

Photos

Features

Project Facilities: Beach

Construction/Siding: Roof Metal

Interior Features: Furnished - All, Renovated

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

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

Fees Include: Ground Keeping

Zoning: Resid Single Family

Schools

Elementary School: Breakfast Point Middle School: Surfside High School: Arnold

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This listing provided courtesy of 30A Homes Sales.
This information was last updated on 12/26/2024 10:02:52 PM.

All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2024. All rights reserved.


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