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Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests.Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors.Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. The seller is offering a generous $5,000 allowance to assist in updating and transforming this unit into a stunning living space, matching the elegance of Unit B. Imagine the potential returns once both units are optimized to their fullest potential!Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property.Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!
This listing is maintained by Counts Real Estate Group Inc.
Property Details
MLS# | 752748 |
Status | Active |
Property Type | Multi |
Bedrooms | 6 |
Bathrooms | 4 full, 0 half |
H/C Sqft | 2,384 |
Lot Dimensions | 75X100 |
Year Built | 1985 |
Taxes | $2,175.00 in 2023 |
HOA | No HOA Fees |
Features
Interior | Beamed Ceilings, Breakfast Bar, Bookcases, Open Beams Beamed Ceailings, Cathedral Ceilings, Recessed Lighting, |
Appliances | Washer Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator, |
Exterior | Fence, Porch, |
Community Amenities | Short Term Rental Allowed, |
Energy | Central Air, |
Construction | Hardi Plank Type, |
Parking | Driveway, Oversized, |
Location
Elementary School | Patronis |
Middle School | Surfside |
High School | Arnold |
Zip Code | 32408 |
Area | Bay County - Beach |
Sub-area | Beach - East |
Subdivision | Treasure Cove |