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This beachy townhouse could be the ideal rental investment, 2nd home, or primary home! Located in east Panama City Beach this townhome is directly across from the Rick Seltzer Park public beach access. You can even see the Gulf of Mexico from the 2nd floor balcony! This townhome has no HOA, no flood insurance required, and there are no restrictions on short term rentals. With projections up to $55K you could see an 8% CAP RATE! Newer 2019 roof along vinyl siding, trex decking replaced with Trex. This townhouse is loaded with potential and ready for a new owner to turn into a STR rental machine. Located just minutes away from the best attractions and restaurants on the beach, it would be hard to find a better investment at this price. Lots of recent updates including a brand new AC system!!
DAYS ON MARKET | 201 | LAST UPDATED | 8/8/2023 |
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TRACT | HOLIDAY BEACH | YEAR BUILT | 1986 |
COMMUNITY | 27 - Bay County | COUNTY | Bay |
STATUS | Sold | PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
Elementary School | Breakfast Point |
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Jr. High School | Breakfast Point |
High School | Arnold |
PRICE HISTORY | |
Prior to May 18, '23 | $421,000 |
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May 18, '23 - Jun 1, '23 | $420,000 |
Jun 1, '23 - Jun 8, '23 | $419,000 |
Jun 8, '23 - Jun 15, '23 | $410,000 |
Jun 15, '23 - Today | $405,000 |
ADDITIONAL DETAILS | |
AIR | AC - Central Elect, Water Heater - Elect |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Refrigerator, Stove/Oven Electric |
AREA | 27 - Bay County |
CONSTRUCTION | Siding Vinyl |
EXTERIOR | Balcony, Deck Covered, Porch |
FIREPLACE | Yes |
INTERIOR | Fireplace, Floor Vinyl, Floor WW Carpet, Newly Painted |
LOT | 2614 sq ft |
LOT DESCRIPTION | Corner, Within 1/2 Mile to Water |
SEWER | Public Sewer |
STORIES | 2 |
STYLE | Townhome |
SUBDIVISION | HOLIDAY BEACH |
TAXES | 1359.00 |
UTILITIES | Electric,Public Sewer,Public Water,TV Cable |
VIEW | Yes |
VIEW DESCRIPTION | Gulf |
WATER | Public Water |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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© 2024 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
All listings are provided courtesy of the Emerald Coast Association of Realtors
© 2024 Emerald Coast Association of REALTORS®, Inc. (ECARMLS). All rights reserved. Vendor Member Number: 28306
This IDX solution is (c) Diverse Solutions 2024.