20623 Front Beach Road, Panama City Beach, FL 32413

$3,100,000
5
BD
5
BA
2,168
SqFt
List Price
$3,100,000
MLS#
728435
Bedrooms
5
Bathrooms
5
Full-baths
5
Sq. Ft
2,168
Acres
0.14
Lot Size
6,300
$/SF
$1,429
Subdivision
Laguna Beach Estates
Year Built
1951

Property Description

THIS IS A FLORIIDA COTTAGE THAT IS ON A VACATION RENTAL PROGRAM. NEW METAL ROOF LESS THAN TEN YEARS OLD, TRAVERTINE FLOORING THROUGHOUT THE HOUSE. THE HOUSE IS RENTAL READY BUT, THE REAL VALUE IS IN THE LAND. 60 FEET OF GULF FRONT! THE STRUCTURE CAN BE REMOVED AND A LARGE GULF FRONT HOUSE CONSTRUCTED AT LEAST 4-STORIES HIGH. THIS HOUSE IS A SINGLE STORY THAT WAS BUILT IN 1951. THE SELLERS SAY THEY ARE CURRENTLY NETTING AROUND $65 TO $70,000 IN RENT REVENUE ANNUALLY.

Additional Information

Waterfront
Yes
Waterview
Gulf
Interior Features
Breakfast Bar, Pantry, Storage, WindowTreatments
Exterior Features
Fence, Outdoor Shower
Lot Dimensions
60 x105
Community
Laguna Beach
Appliances
Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer
Elementary School
West Bay
Middle School
Surfside
High School
Arnold

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Carroll Realty.