8753 Lagoon Drive Panama City Beach

$1,890,000

House

beds icon
5 BRS
baths icon
5 / 1 BA
sqft icon
3,577 SQFT (H/C)
acreage icon
0.55 ACRES

PRICED TO SELL!!!! PROJECTED POTENTIAL SHORT TERM RENTAL INCOME OF $175K ANNUALLY$-ATTENTION INVESTORS- This property has a RVM(r) Estimated Value of $2,135,460. Sellers are also including a one year warranty for the potential buyer to ease any concerns. Welcome to a unique opportunity in PCB's hottest short-term rental market--an exceptional waterfront property with no HOA restrictions! This spacious 5-bedroom, 5.5-bathroom home offers an innovative layout with each bedroom featuring its own private bath, making it perfect for a Bed and Breakfast, VRBO, Airbnb, or simply as a luxurious primary residence.Imagine living in a slice of paradise where luxury meets laid-back comfort. The recently updated covered boat dock, complete with composite decking and a 12,000 LB boat lift, provides quick access to the Gulf of Mexico via a 5-minute boat ride through PCB's iconic Grand Lagoon.As you approach, you're greeted by a stunning canopy of ancient Live Oaks and a brand-new, high-end paved circular driveway. The property boasts panoramic views of sunrises and sunsets over the water, as well as the festive lights of the PCB beach skyline.The freshly renovated home features pristine landscaping, imported fountains that light up the night with vibrant colors, and a pool area complete with a cabana bath and an outdoor kitchen. The pool and hot/cold outdoor shower offer perfect spaces for cooling off or entertaining guests.Whether you envision hosting memorable family gatherings, intimate weddings, or simply enjoying a serene lifestyle, this property offers unparalleled flexibility and comfort. With ample space to accommodate up to 24 guests and plenty of parking, it's an investment opportunity with limitless potential. Fishing off the dock is a must, and you might even get a friendly visit from local dolphins.This rare find combines gratitude and grace, inviting you to ''live your best life now'' and create lasting memories. Don't miss out on this extraordinary waterfront retreat!

This listing is maintained by Keller Williams Success 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