On Market
Panama City, FL 32408, USA
List price
$520,000
4
beds
2
baths
1,620
sq ft
1999-01-01
built
Multi-Family


























Explore the location
· from aerial to streetside.
Story
APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET AN INSTANT LOAN QUOTE AND PRE APPROVAL
🌊 TURNKEY BEACHSIDE DUPLEX | RENTAL-READY INVESTMENT OPPORTUNITY 🌊
💰 Monthly Rent: ~$5,600
🏖️ Steps from the Sand | No HOA
🏡 4 Beds | 2 Baths | 1,620 Sq Ft
🏘️ Duplex | 2 Units | Built 1999
✨ Fully Furnished & Rental Ready
Beachside Duplex with Immediate Rental Potential
This fully renovated, turnkey duplex offers an exceptional opportunity for an investor looking for strong rental income with minimal additional capital expenditures. Located just steps from the beach, the property is fully furnished down to the silverware and ready for immediate occupancy or rental.
💰 Rental Performance
• Recent August rents: $3,000 + $2,600
• Current monthly rental projection: ~$5,600
• Annual property taxes: $5,177
• Annual insurance: $4,186
• HOA: $0
• Vacant and ready for rental
🔨 Property Highlights
• Two-unit configuration
• Fully renovated in 2022
• Fully furnished
• LVP flooring
• Metal roof
• Central air + ceiling fans
• Forced-air heating
• Fridge, range, dishwasher, washer, dryer & microwave included
• Driveway parking
• Quiet neighborhood
• Seller reports no major capital expenditures needed
🏖️ Location & Lifestyle
Enjoy the appeal of a beachside rental property just steps from the sand, with no HOA fees and seller-reported no flood insurance requirement.
⭐ Investor Play
This is a rental-ready duplex with established rental income, recent renovations, furnishings included, and no HOA. The combination of beach proximity, two income-producing units, and minimal anticipated capital expenditures creates multiple potential strategies for an investor.
💵 Terms
• Cash or hard money
• $5,000 EMD
• Seller motivated and accepting offers
• Reason for sale: seller looking to retire
📞 Direct Contact
Jenna: 720-280-2474
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Property details
27 details the seller has shared
Property
· The bones — what the buyer sees first
Bedrooms
4
Full baths
2
Finished sq ft
1,620 sq ft
Above-grade sq ft
1,620 sq ft
Year built
1999
Lot size
5,663 acres
Units
2
Property type
Multi-Family
Occupancy
Vacant
Condition (1–5)
5
Neighborhood
Quiet
County
Bay
Financials
· What it earns and what it costs to hold
Monthly rent
$5,600 /mo
Annual property tax
$5,177 /yr
Annual insurance
$4,186 /yr
Monthly HOA fee
$0 /mo
Features
· Comfort, climate, and curb appeal
Heating
Forced air
Cooling
Central air and ceiling fans
Parking
Driveway
Appliances included
Fridge, range, dishwasher, washer, dryer, microwave
Flooring
LVP
Roof
MEtal
History & terms
· Past sales, updates, and deal mechanics
Last sold price
$541,000
Last sold date
June 6, 2022
Year renovated
2022
Reason for sale
Looking to Retire!!
Owner type
Individual
Earnest deposit
5000
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