$1,550,000
Panama City Beach, FL 32413
MLS# 768959
4 beds | 4 baths | 2752 sqft

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Property Description
OPEN HOUSE - Saturday 15th from 1 until 4pm. Welcome to 115 Cottage Court, YOUR COASTAL DREEAM HOME WITH GUARENTEED INCOME! Are you looking for a beach escape that works for you, even when you're not there? Look no further than this beautifully designed three-story coastal gem that's as charming as it is functional. Situated in a sought-after beachfront community, this property isn't just a home; it's an investment opportunity with an established income stream. Captivating Design and Features- This home boasts a stunning muted green facade, complemented by crisp white trim that surrounds its many windows and doors. The modern metal roof and vertical siding add a contemporary touch, while the inviting balconies on the second and third floors, complete with decorative brackets, offer a warm and welcoming outdoor space perfect for enjoying the coastal breeze. Inside, you'll find four spacious bedrooms and four bathrooms, each crafted with attention to detail and professionally decorated. Each room is designed to include ample light and space, making it the perfect retreat after a day at the beach or exploring the area. A Community Packed with Amenities - Living in this community means more than just enjoying a beautiful home. The neighborhood offers private beach access for those sunrise walks and sunset picnics. Community swimming pools, tennis courts, and a fully-equipped gym ensure you have plenty to do, while the on-site restaurants mean you don't have to travel far for a great meal. Investment Opportunity - One of the key selling points of this property is the guaranteed income. With a lease agreement already in place under a reputable property management company, you can expect a steady net income of $6,800 per month. This makes the home an ideal choice for those looking for a vacation rental investment with immediate returns, a second home, or even a retirement spot that pays off years down the line. The Perfect Fit - Whether you're an investor searching for a property that promises consistent returns, someone looking for a second home to make unforgettable memories, or planning for the perfect place to spend your retirement, this home meets all those needs. The professionally designed interiors and well-maintained exteriors ensure it stands out in a vibrant neighborhood. With so much to offer, it's no wonder this property is not just a place to live but a destination to experience life at its fullest. Reach out today to explore this exciting opportunity and make it yours.
Details
Maps
Contract Info
Status: Active
List Date: 2025-02-17
List Price: $1,550,000
List Price/SqFt: 563.23
Current Price: $1,550,000
Location
Area: 03 - Bay County - Beach
Street #: 115
Street Name: Cottage
Street Suffix: Court
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0325 - Beach - West South
Subdivision: Carillon Beach
Community/Resort: Carillon Beach
Waterfront: No
Parcel ID: 36459-394-857
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: Traveling East on Hwy. 98, just over Lake Powell, turn right into Carillon Ave. Continue past the guard gate and turn right onto park shore drive. Turn right on to Cottage Ct.
Legal Description: Lot 7, CARILLON BEACH, Phase XXXVI, according to the map or plat thereof, as recorded in plat book 19, page 59 and 60, of the public records of Bay County, Florida
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 2752
SqFt Source: Prop App Site
Bedrooms: 4
Full Baths: 4
Total Baths: 4
Year Built: 2009
Immediate Occupancy: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 31x87
Acreage: 0.06
Lot Size (SqFt): 2614
Pool: Yes
Pool Type: Community
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Range - Electric; Refrigerator; Washer; Water Heater - Tankless
Master Bedroom: Second
Bedroom: First; Second; Third
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Electric
Exterior: Balcony; Columns; Deck Covered; Deck Open; Fenced Lot-Part; Patio Covered
Association Fees Include: Accounting; Legal; Ground Keeping; Management; Pavilion/Gazebo; Security; Trash Disposal
Financing: Cash; Conventional
Furnished: Partially
Kitchen: First
Living Room: First
Lot Features: Covenants & Rescrictions; Within 1/2 Mile to Water
Lot Access: Gated Access; Paved Road
Bonus Room: Third
Master Bathroom: Second
Pool Features: Inground
Security Features: Gated Community; Gated with Guard
Parking Features: Driveway
Association Amenities: Pavilion/Gazebo; Recreation Facilities
Rooms: Bedroom; Bonus Room; Kitchen; Living Room; Master Bathroom; Master Bedroom
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Living Room | First | 23 x 19 | 23.00 | 19.00 | 23 x 19 |
Kitchen | First | 13 x 12 | 13.00 | 12.00 | 13 x 12 |
Bedroom | First | 15 x 9 | 15.00 | 9.00 | 15 x 9 |
Master Bedroom | Second | 18 x 14 | 18.00 | 14.00 | 18 x 14 |
Master Bathroom | Second | 11.00 | |||
Bedroom | Second | 18 x 12 | 18.00 | 12.00 | 18 x 12 |
Bonus Room | Third | 25 x 18 | 25.00 | 18.00 | 25 x 18 |
Bedroom | Third | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
Listing Office: EXP Realty LLC
Last Updated: September - 11 - 2025
Information deemed reliable but not guaranteed.