221 Lake Place Panama City Beach
$995,000
House
Sold on Jul 26, 2024 for $975,000Click a photo to see full-size image or scroll through all 68.
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Investors looking to make 1% of the purchase price in gross rentals, this should be in your future. Rental income projecting $120k+ per year in gross rents with thoughtful interior package. New construction with warranty! Furnishing package can be negotiated to make this property turn key. Submit all offers!Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your heart's content.Relax and unwind in your private plunge pool, perfect for cooling off after a day at the beach or hosting intimate gatherings with friends and family. Take in the fresh salty air from the balcony while sipping your morning coffee or evening cocktail.Gather around the fire pit in the evenings for cozy conversations under the stars, creating memories that will last a lifetime. With four bedrooms and 2 1/2 bathrooms, there's plenty of space for everyone to spread out and feel at home.Parking is a breeze with space for three vehicles, ensuring that you and your guests always have a spot to park. Plus, the location couldn't be better - just 8 minutes to Pier Park for shopping, dining, and entertainment, and a short 10-minute drive to the charming community of Rosemary Beach 30A.This beach home isn't just a slice of paradise for vacationers - it's also an incredible opportunity for savvy investors. With its prime location and desirable amenities, this property is perfect for generating rental income and cash flow!Whether you're looking to rent it out short-term to beachgoers or as a long-term rental for residents, the potential for ROI is unmatched.Invest in the future of coastal real estate and secure your foothold in one of the most sought-after vacation destinations. Don't miss out on the opportunity to own this coastal oasis - call your favorite real estate agent to schedule your showing today!
This listing is maintained by Beachy Beach Real Estate.
Property Details
MLS# | 753589 |
Status | Closed |
Property Type | House |
Bedrooms | 4 |
Bathrooms | 2 full, 1 half |
H/C Sqft | 2,189 |
Pool | Yes |
Acreage | 0.07 |
Lot Dimensions | 49' x 63' |
Year Built | 2023 |
Taxes | $1,462.00 in 2023 |
HOA | No HOA Fees |
Features
Interior | Breakfast Bar, Recessed Lighting, |
Appliances | Washer Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, |
Exterior | Balcony, Outdoor Shower, Pool, Patio, |
Community Amenities | Other, See Remarks, Short Term Rental Allowed, |
Energy | Central Air, |
Utilities | Electricity Connected, Sewer Connected, Water Connected, |
Parking | Attached, Garage, |
Lot | Landscaped, |
Location
Elementary School | West Bay |
Middle School | Surfside |
High School | Arnold |
Zip Code | 32413 |
Area | Bay County - Beach |
Sub-area | Beach - West Central |
Subdivision | Laguna Beach |