622 Gardenia Street, Panama City Beach, FL 32407 (MLS# 743672)

Status: Active

List Date: 2023-07-07

List Price: $990,000

List Price/SqFt: 1285.71

Current Price: $990,000

Area: 03 - Bay County - Beach

Street #: 622

Street Name: Gardenia

Street Suffix: Street

State: FL

Zip Code: 32407

County: Bay

Sub Area: 0320 - Beach - Middle Central

Subdivision: Bahama Beach

Community/Resort: None

Waterfront: No

Parcel ID: 34153-000-000

Elementary School: Hutchison Beach

Middle School: Surfside

High School: Arnold

Directions: From 98 Hwy headed East turn Right on Clara, Turn Right on Hutchinson, turn left on Gardenia and the property is on the right, corner lot.

Legal Description: 27 3S 16W -109- 38A3 BEG 749' E & 660' S OF NW COR OF NE1/4 OF SW1/4 OF SEC TH E 108' S 157.5' NWLY 126.5' N 92.25' TO POB AKA BAHAMA BCH PCL #9 LOTS 13 & 14 ORB 3844 P 454

Sub-Type: Detached Single Family

Design: Beach House

Apx SqFt(Htd/Cooled): 770

SqFt Source: Owner Measured

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 1952

Immediate Occupancy: Yes

Construction Status: Construction Complete

Garage Y/N: No

Lot Dimensions: 135x108

Acreage: 0.33

Lot Size (SqFt): 14549

Homestead: No

HOA Fee: No

New Buyer Fee: No

Last Taxes: 2700

Last Tax Year: 2022

Brokerage Interest: No Interest

As Is: Yes

Remarks: Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation or Multi-Family use in the heart of Panama City Beach. Comes as a double lot with a turnkey 2 Bedroom/ 1.5 Bath, 760 sq ft house. The lot has enough space for 2 structures! Imagine the potential to build Two Duplex's with enough room for pools and potential views of the Gulf of Mexico on the top floors. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility and new development happening all around, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 5-minute walk to the beautiful beaches. The owner has blueprints for a duplex on the vacant lot that can be included in the sale. Comes with building plans for a duplex.