204 Third Street
Panama City Beach, FL 32413
5 beds | 4.00 baths | #965177
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.
Property Details
- Utility FeaturesElectric, Gas - Natural, Public Water, Septic Tank, Sewer Available
- EnergyAC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
- Community FeaturesBeach, Short Term Rental - Allowed
- InteriorFurnished - All, Renovated
- Property SubtypeDetached Single Family
- Property ConditionConstruction Complete
- Elementary SchoolBreakfast Point
- SubdivisionSUNNYSIDE PLAT
- StyleBeach House
- Exterior MaterialsRoof Metal
- Property TypePurchase
- Middle SchoolSurfside
- Hoa Fee FrequencyAnnually
- Lot Size50x140
- High SchoolArnold
- Hoa Fees500.00
- MLS #965177
- Cost749000
- MLS #965177
- Bathrooms4.00
- Year Built1997
- Bedrooms5
Location
Legal
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: ECAR
Listing Courtesy
Listing Agent: The Dixon Team (#teest1), Phone: (850) 468-0215, Email: Paxton@30aHomeSales.com
Listing Office: 30A Homes Sales (#EEST)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
