$749,000
For Sale

204 Third Street

Panama City Beach, FL 32413
5 beds | 4.00 baths | #965177
Browse 58 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Generating over $90,000 in gross rental income last year, 204 Third Street is a highly unique investment property just eight minutes from 30A. This rare property by the beach offers 3 separate income-producing beach homes on an oversized lot. The three homes have a successful rental history, having earned over $83,000 in gross rental income in 2023. The property conveys fully-furnished and have low operating expenses. All the 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 surrounded by newer homes & 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

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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)

Ryan TorresReal Estate Group

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    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.