3910 Wasp Street Panama City Beach

$1,595,000

House

beds icon
4 BRS
baths icon
3 / 1 BA
sqft icon
2,594 SQFT (H/C)
acreage icon
0.28 ACRES

Welcome to your Dream Oasis in South Lagoon! A SHORT-TERM-RENTAL-MONEY-MAKING-MACHINE, with NO HOA or Deed Restrictions; Completely Furnished and Turn-key ready! This rare gem boasts not just ONE, but TWO expansive LOTS, offering unparalleled luxury and versatility. At the heart of this paradise is a custom-designed Island style pool, shaped like a massive fish featuring a Jacuzzi, lazy river, swim-up bar, and a water slide, with an outside Tiki Bar and Grill, to enjoy at your leisure. At night, this custom Pool offers LED Pool light variations to choose from, including a water-like, fountain show display feature - a true masterpiece for relaxation and entertainment.Nestled on one of the lots is a magnificent 3-story home, fully furnished and turnkey ready for your enjoyment or rental investment. With 4 bedrooms and 3.5 bathrooms, this home offers spacious living areas and modern amenities to ensure comfort and convenience. But the excitement doesn't stop there! With a direct pathway between the home and fabulous pool, the bottom, first floor hosts a heated/cooled Game Room, complete with a Pool Table, TV, variety of Games and more, providing endless entertainment options for guests, lending another favorite feature that keeps repeat rental guests coming back, year after year, ensuring a steady stream of income for years to come.With no HOA restrictions, the possibilities are endless. Whether you're seeking a lucrative Investment opportunity or a personal retreat, this property delivers! Its prime location and luxurious amenities make it a magnet for short-term rentals that has been generating WELL OVER $100,000 up to $200,000 in past and current annual rental income, with even more potential, by adding your own personal favorite touches and depending on how often you choose its rental availability dates throughout the year. In addition: Behind the Pool, features a back gated LOT area with separate gated road access to store a small RV, Boat or Jet Skies that's very close to local Boat ramps, whether you or your guests want to enjoy a day out at Shell Island; exploring all of the local favorite Islands; coasting the Beach, including the famous ''Jetties'' at St. Andrews State Park; or a day out Fishing in the Gulf of Mexico for the perfect catch!There is no other that exists, nor compares to this exceptionally rare opportunity to own what is truly a ONE-OF-A-KIND GEM, located in a highly desired Investor area, known as South Lagoon. Closest in proximity to the world's most beautiful Beaches, local favorite Restaurants and Attractions, Spas, Shopping Outlets, legendary Pier Park, 30a and our international airport (ECP), just to name a few and so much more! This incredible Investment is waiting for you to acquire and enjoy, while MAKING a SUBSTANTIAL AMOUNT of Short-Term Rental CASH FLOW!Don't miss your chance to own this exclusive piece of paradise. Schedule your private tour today and experience luxury living at its finest!

This listing is maintained by CENTURY 21 RYAN REALTY.

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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