$975,000
$995,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
221 Lake PL Panama City Beach, FL 32413
4 Beds
3 Baths
2,189 SqFt
Key Details
Sold Price $975,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,189 sqft
Price per Sqft $445
Subdivision Laguna Beach
MLS Listing ID 753589
Sold Date 07/26/24
Style Coastal
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 2023
Annual Tax Amount $1,462
Tax Year 2023
Lot Size 3,049 Sqft
Acres 0.07
Property Description
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Investors looking to make 1% of the purchase price in gross rentals, this should be in your future. Rental income projecting $120k+ per year in gross rents with thoughtful interior package. New construction with warranty! Furnishing package can be negotiated to make this property turn key. Submit all offers!Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your heart's content.Relax and unwind in your private plunge pool, perfect for cooling off after a day at the beach or hosting intimate gatherings with friends and family. Take in the fresh salty air from the balcony while sipping your morning coffee or evening cocktail.Gather around the fire pit in the evenings for cozy conversations under the stars, creating memories that will last a lifetime. With four bedrooms and 2 1/2 bathrooms, there's plenty of space for everyone to spread out and feel at home.Parking is a breeze with space for three vehicles, ensuring that you and your guests always have a spot to park. Plus, the location couldn't be better - just 8 minutes to Pier Park for shopping, dining, and entertainment, and a short 10-minute drive to the charming community of Rosemary Beach 30A.This beach home isn't just a slice of paradise for vacationers - it's also an incredible opportunity for savvy investors. With its prime location and desirable amenities, this property is perfect for generating rental income and cash flow!Whether you're looking to rent it out short-term to beachgoers or as a long-term rental for residents, the potential for ROI is unmatched.Invest in the future of coastal real estate and secure your foothold in one of the most sought-after vacation destinations. Don't miss out on the opportunity to own this coastal oasis - call your favorite real estate agent to schedule your showing today!
Location
State FL
County Bay
Community Other, See Remarks, Short Term Rental Allowed
Area 03 - Bay County - Beach
Rooms
Ensuite Laundry Stacked
Interior
Interior Features Breakfast Bar, Recessed Lighting
Laundry Location Stacked
Heating Central
Cooling Central Air
Furnishings Unfurnished
Fireplace No
Appliance Washer/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Laundry Stacked
Exterior
Exterior Feature Balcony, Outdoor Shower, Pool, Patio
Garage Attached, Garage
Garage Spaces 1.0
Garage Description 1.0
Fence Fenced
Pool In Ground, Private, Pool
Community Features Other, See Remarks, Short Term Rental Allowed
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Waterfront No
Porch Balcony
Parking Type Attached, Garage
Private Pool Yes
Building
Lot Description Landscaped
Story 2
Architectural Style Coastal
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 37943-000-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Other
Special Listing Condition Listed As-Is
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Bought with Beachy Beach Real Estate