204 3rd 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 $327
Subdivision Sunnyside Plat
MLS Listing ID 965177
Bedrooms 5
Full Baths 4
Construction Status Construction Complete
HOA Fees $41/ann
HOA Y/N Yes
Year Built 1997
Property Sub-Type Beach House
Property Description
Generating over $90,000 in gross rental income last year, 204 Third Street is a highly unique investment property just eight minutes from 30A. This rare property by the beach offers 3 separate income-producing beach homes on an oversized lot. The three homes have a successful rental history, having earned over $83,000 in gross rental income in 2023. The property conveys fully-furnished and have low operating expenses. All the 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 surrounded by newer homes & 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