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Welcome to your dream investment opportunity in Panama City Beach! This exceptional duplex has 4 bedrooms and 4 baths, 2 bedrooms and 2 bathrooms per unit. Currently utilized for short-term rentals, this property is a cash-flowing gem, making it an ideal choice for investors. Last year it grossed over $66,000. OR you can rent out one side and live in the other helping lower the cost of your mortgage!! Not only is it in close proximity to the Gulf, but also tons of local favorite dining, shopping, and marinas with boat/jet ski rentals! Whether you're contemplating the option of long-term rentals, aiming to sustain its current cash flowing opportunity as a short-term rental, or exploring the possibility of residing in one unit while leasing out the other, this duplex is an ideal choice for you. This perfect location ensures a steady influx of tenants, making it an investment that promises both financial stability and the allure of coastal living! This duplex also has a brand new septic tank and over $40,000 in high commercial grade furniture making it the ideal turn key investment! with $18,000 in current bookings. Schedule a showing today!
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Property Details
MLS# | 756445 |
Status | Active |
Property Type | Multi |
Bedrooms | 4 |
Bathrooms | 4 full, 0 half |
H/C Sqft | 1,872 |
Acreage | 0.17 |
Lot Dimensions | 115 x 75 |
Year Built | 2001 |
Taxes | $4,142.00 in 2023 |
HOA | No HOA Fees |
Features
Interior | Breakfast Bar, |
Appliances | Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Refrigerator, Washer, |
Community Amenities | Short Term Rental Allowed, |
Energy | Central Air, Ceiling Fans, Electric, |
Construction | Stucco, |
Utilities | Electricity Connected, Septic Available, Water Connected, |
Parking | Driveway, |
Location
Elementary School | Patronis |
Middle School | Surfside |
High School | Arnold |
Zip Code | 32408 |
Area | Bay County - Beach |
Sub-area | Beach - East |
Subdivision | [No Recorded Subdiv] |