204 Third Street

Panama City Beach, FL 32413
$749,000
5 beds | 4.00 baths | #965177
For Sale

Description

Producing over $95,000 in actual rental income this year, 204 Third Street is a premier investment property located only 8 minutes from Rosemary Beach. This is a rare opportunity to own 3 separate income-producing beach homes on 1 oversized 50x140 lot near the beach. The 3 homes generated over $83,000 in rental income last year and come with low operating expenses positioned in a neighborhood with a voluntary $500 POA fee to maintain the private beach access gate. These homes will be sold fully-furnished and with strong rental bookings in place for 2025. All three homes have been beautifully renovated and come with new metal roofs and new hot water heaters. The value of this oversized lot is tremendous being located on a dead-end street & positioned by a private beach access.

  • Property Details
      • Interior:Furnished - All, Renovated
      • Bedrooms:5
      • Bathrooms:4.00
      • Exterior materials:Roof Metal
      • Lot size:50x140
      • Property type:Purchase
      • Style:Beach House
      • Year built:1997
      • Energy:AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
      • Utility features:Electric, Gas - Natural, Public Water, Septic Tank, Sewer Available
      • Subdivision:SUNNYSIDE PLAT
      • Community features:Beach, Short Term Rental - Allowed
      • Elementary School:Breakfast Point
      • Middle School:Surfside
      • High School:Arnold
      • Hoa fees:500.00
      • Hoa fee_frequency:Annually
      • MLS #:965177
      • Cost:749000
      • Property subtype:Detached Single Family
      • MLS #:965177
      • Property condition:Construction Complete

Location

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Information deemed reliable but not guaranteed. The 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.


Last Updated: . Source: ECAR

Listing Courtesy
Listing Agent: The Dixon Team
Listing Office: 30A Homes Sales

Central Bay Realty and Property ManagementReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Selling & Buying

About

Contact

    Account

    • Roy F Furst

      Licensed Real Estate Broker

      Central Bay Realty

      Phone: (850) 257-5016

      Email: centralbayrealestate@gmail.com
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      Copyright© 2022 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

      Information deemed reliable but not guaranteed. The 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.

      IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.