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JUST REDUCED! Welcome to 22123 Bataan Avenue - Your Slice of Vintage Panama City Beach Paradise! 🏖️offering 1600 sqft of Short Term Rental potential, currently styled as a duplex featuring a cozy 1-bedroom, 1-bath unit on the first floor and a spacious 3-bedroom, 1.5-bath unit on the second floor. With stunning Gulf views from the second floor, this family beach home of over 40 years beckons for a new chapter. Nestled on a quiet dead-end street, this gem awaits transformation into a single-family haven. The expansive lot will easily fit a pool to enhance your relaxation oasis. With great bones and the promise of magnificence through a refresh, this hidden gem embodies the vintage charm that is becoming increasingly rare in Panama City Beach.Imagine the potential - from tranquil family retreat to an income-generating machine with the right upgrades. The property, though sold 'as-is', holds immense value with the land alone valued at $250-$300K. Embrace the opportunity to create your dream coastal haven in this serene retreat. Grab your slice of Panama City Beach history before it's too late! Per Southern Vacation Rentals Annual rental revenue projected int he $65K-$75K range (depending on remodeled upgrades. All information provided about the property, including but not limited to square footage, is deemed reliable but is not guaranteed and should be independently verified.Property is sold 'as-is' without any guarantee or warranty by the seller. All inspections are the responsibility of the purchaser. A recent sale on the same street has ARV in the low to mid $900s. This is a great deal. Cash buyers or As-is rehab loans only.
This listing is maintained by C21 COMMANDER REALTY INC.
Property Details
MLS# | 753242 |
Status | Active |
Property Type | Multi |
Bedrooms | 4 |
Bathrooms | 2 full, 1 half |
H/C Sqft | 1,600 |
Acreage | 0.15 |
Lot Dimensions | 50x 126 |
Year Built | 1973 |
Taxes | $2,752.00 in 2023 |
HOA | No HOA Fees |
Features
Community Amenities | Other, See Remarks, Short Term Rental Allowed, |
Energy | Central Air, |
Construction | Wood Frame, |
Utilities | Septic Available, |
Parking | Driveway, |
Lot | Level, |
Location
Elementary School | West Bay |
Middle School | Surfside |
High School | Arnold |
Zip Code | 32413 |
Area | Bay County - Beach |
Sub-area | Beach - West Central |
Subdivision | Kiska Beach |