223 Venado Place Panama City Beach

$849,900

Quadruplex

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7 BRS
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4 BA
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2,654 SQFT
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0.22 ACRES

Beach House Lovers & Investors (SHORT TERM RENTING ALLOWED)- This walking distance to the beach quadplex is just what you've been looking for - maximum flexibility:Keep as quadplex with current annual leases and outstanding Cap Rate. Change to nightly rentals and make a fortune! Sitting on a 150X65 parcel, 1,500 feet from the beach, close enough to enjoy and view, enough above sea level and far enough away to avoid beach impact of hurricanes and costly insurance.Currently configured as three 2-bedroom one bath apartments, and one 1-bedroom one bath apartment.Building constructed the way a beach structure should be in 1989, hurricane straps before they were required, secondary waterproof membrane under shingles, stucco exterior walls.(Please click ''MORE'' for more detai

This listing is maintained by World Impact Real Estate.

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Real estate property information provided by Central Panhandle Association of REALTORS® (CPAR) and the Emerald Coast Association of REALTORS® (ECAR). IDX 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. This data is deemed reliable but is not guaranteed accurate by the MLS. Vendor ID: 28322