20623 Front Beach Road Panama City Beach
$3,100,000
Detached
Click a photo to see full-size image or scroll through all 48.
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.
This listing is maintained by Coldwell Banker Carroll Realty.
Property Details
| MLS# | 728435 |
| Status | Active |
| Property Type | Detached |
| Bedrooms | 5 |
| Bathrooms | 5 full, 0 half |
| H/C Sqft | 2,168 |
| Lot Dimensions | 60 x105 |
| Year Built | 1951 |
| Stories | 0 |
| Taxes | $10,626.00 in 2021 |
| HOA | No HOA Fees |
Features
| Interior | Breakfast Bar, Pantry, Storage, Window Treatments, |
| Appliances | Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Freezer, Disposal, Microwave, Refrigerator, Washer, |
| Exterior | Fence, Outdoor Shower, |
| Energy | Central Air, Heat Pump, |
| Construction | Brick, |
| Utilities | Sewer Available, Trash Collection, Water Available, |
| Parking | Carport, Driveway, |
| Lot | Waterfront, |
Location
| Waterfront | Yes |
| Elementary School | West Bay |
| Middle School | Surfside |
| High School | Arnold |
| Zip Code | 32413 |
| Sub-area | 0325 - Beach - West South |
| Subdivision | Laguna Beach Estates |
