$1,395,000
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127 16th Street Panama City Beach, FL 32413
Single Family-Detached
Residence
9
Beds
7
Baths
...
Bed/Bath
2,993
Sq. Ft.
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Don't miss out on this incredible investment opportunity to own a fully renovated 9-bedroom home in a prime location just a block from the beach in Laguna Beach. With projected rental income of $180k - $230k, this property offers the potential for a significant return on investment. This was previou...sly a duplex and brought down to the studs for a full transformation. Completely renovated in 2023 and now one home, everything is BRAND NEW including new windows, electric, plumbing, paint, AC & hot water heater, as well as amazing finishes throughout. Roof is also new 2020/21 and back half replaced 2023. The bright colors & unique tile selections set this home apart. Being sold fully furnished & decorated, this is the perfect turn key beach house for those looking for an ideal investment! The attention to detail and high-quality finishes throughout the home make it a standout property. The kitchen features a Quartz island & stainless steel appliances, attractive backsplash and beautiful open shelving and flows nicely to the living & dining area. The open concept layout, dual living areas and colorful furniture & decor create a bright and airy feel. The exterior of the home has also been updated with new hardie-board siding, metal roof and landscaping to create an attractive curb appeal for this Florida cottage. The renovation not only makes the home move-in ready, but it also offers peace of mind for years to come. The new construction ensures that the home is up to current building codes and likely will require minimal maintenance. The property sits on a larger lot, providing plenty of parking and outdoor space for entertaining or relaxation. There is a great front porch for outdoor dining or to great guests, grill included and room for a pool or hot tub which will increase rental potential. With its desirable location on the west end of Panama City Beach and modern amenities, this turn-key home is sure to impress. You are just a block from two beach accesses and the beautiful Gulf of Mexico, only 5 miles from Pier Park Shopping Mall, 6 miles to Scenic 30A and 15 miles from Northwest Florida Beaches International Airport.
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MLS#
937865
Property Type
Single Family-Detached
Bedrooms
9
Bathrooms
6 Full/1 Half
Year Built
1973
Square Feet
2,993
sq. ft
Lot Size
21
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