$3,500,000
Panama City Beach, FL 32408
MLS# 750886
8 beds | 8 baths | 5320 sqft
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Property Description
Listed at $650 a sq ft this property is best priced beach house or town home in Panama City Beach. This stunning Gulf front beach home has a ton of character and offers endless possibilities. It is currently divided into 4 units and being utilized as a vacation rental property. This home sets on one of the nicer gulf front lots on PCB. With a little remodeling this home could be converted back into a beautiful luxury beach house. This home has many options to provide a good return on your investment. It currently has $180k on the books for this summer in its first year of being with a rental company.
Details
Maps
Contract Info
Status: Active
List Date: 2023-12-18
List Price: $3,500,000
List Price/SqFt: 657.89
Current Price: $3,500,000
Location
Area: 03 - Bay County - Beach
Street #: 8221
Street Name: Surf
Street Suffix: Drive
Unit #: 1
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Sugar Shack Condo
Community/Resort: None
Waterfront: Yes
Parcel ID: 30235-201-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: Head west on Thomas drive. Turn south on Cobia street then turn right on Surf Drive. The Property will be on your left.
Legal Description: SUGAR SHACK CONDO UNIT # 1 ORB 4466 P 1404 4BR 4B and SUGAR SHACK CONDO UNIT #2 ORB 4466 P 1404 4BR 4B
General Property Info
Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 5320
SqFt Source: Prop App Site
Bedrooms: 8
Full Baths: 8
Total Baths: 8
# of Stories in Building: 3
Floor Number: 2
# of Units in Bldg: 4
Units Above Ground: 4
Year Built: 1999
Immediate Occupancy: Yes
Construction Status: Construction Complete
Garage Y/N: No
Covered Spaces: 4
Driveway Spaces: 6
Lot Dimensions: 50x150
Acreage: 0.08
Lot Size (SqFt): 3485
Beach Frontage: 50
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 5565
Last Tax Year: 2022
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Listed at $650 a sq ft this property is best priced beach house or town home in Panama City Beach. This stunning Gulf front beach home has a ton of character and offers endless possibilities. It is currently divided into 4 units and being utilized as a vacation rental property. This home sets on one of the nicer gulf front lots on PCB. With a little remodeling this home could be converted back into a beautiful luxury beach house. This home has many options to provide a good return on your investment. It currently has $180k on the books for this summer in its first year of being with a rental company.
Property Features
Accessibility Features: Accessible Entrance; Accessible Stairway; Accessible Washer/Dryer
Appliances: Bar Fridge; Cooktop - Electric; Dishwasher; Microwave; Oven - Electric; Refrigerator; Water Heater - Electric
Assumable Mtg Typ: Conventional
Bedroom: Second
Construction/Siding: Roof - Composite Shngl; Siding - Vinyl
Cooling: Central Air
Heating: Central
Exterior: Balcony; Built-in Barbecue/Grill; Deck-Covered; Deck-Open; Patio Covered; Patio Open; Pool; Porch Open
Financing: Cash; Conventional
Furnished: Furnished
Interior Features: Floor Tile
Lot Features: Coastal Construction Control Line; Coastal Setback
Lot Access: City Street
Carport: First
Pool Features: Inground
Parking Features: Carport; Golf Cart Covered; Parking Lot; Paved
Rooms: Bedroom; Bonus Room; Carport
Sale Type: Accept Backup Offers; As Is
Utilities: Sewer Connected; Water Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Present Zoning: Commercial; Resid Multi-Family; Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Bedroom | 15 x 12 | 15.00 | 12.00 | 15 x 12 | Estimate | |
| Bedroom | Second | 15 x 12 | 15.00 | 12.00 | 15 x 12 | |
| Bedroom | 15 x 12 | 15.00 | 12.00 | 15 x 12 | ||
| Bedroom | 15 x 12 | 15.00 | 12.00 | 15 x 12 | ||
| Bedroom | 15 x 12 | 15.00 | 12.00 | 15 x 12 | ||
| Bonus Room | 15 x 12 | 15.00 | 12.00 | 15 x 12 | ||
| Bedroom | 15 x 12 | 15.00 | 12.00 | 15 x 12 | ||
| Carport | First | 70 x 14 | 70.00 | 14.00 | 70 x 14 |
Listing Office: Beach Time Realty, Inc
Last Updated: May - 11 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.