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Size: 0.75 Acres
Home: 2 beds - 2 full baths - 4,952 Sq Ft

SINGLE_FAMILY - Other - Panama City, FL

Exceptionally Unique Bayfront Property with Tons of Investment Potential! Picturesquely situated on a 0.75-acre parcel with a gorgeous white sandy beaches and emerald waters, this rarely available property impresses with 6 rental units (four cottages and a duplex), along with a beautiful main home. Current gross income is $45,120 annually but that is without any income for the main home and one additional cottage that owner keeps vacant for friends, etc. Main home should easily rent for minimum $2000 per month and additional cottage $800-$1000, grossing over $79,000 annually as long term rentals. Mixed Use 2 (Parker) zoning. Approaching the property, you immediately notice the fabulous Floridian aesthetic with lavish verdant greenery, swaying palms, and multiple outdoor spaces. Lovingly owned by a devoted artist, the residences are adorned with whimsical touches, evoking an ethereal qual...

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Coastal Choice Realty LLC

License #3316049

Panama City, FL

(850) 258-3880

Dennis Dunnigan

Coastal Choice Realty LLC
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