Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
1980
Sq.Footage
1,384
*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS* BUILD YOUR OWN DREAM 8 BEDROOM 8 BATH VACATION HOME WITH THE PLANS THAT CAN COME WITH THE SALE OF THIS HOME WITH A FULL PRICE OFFER!! Opportunities like this only come around once in a lifetime with this very special lot that allows a build of up to 100ft high and not in a flood zone. Short Term rentals allowed, South of Thomas, and 30 steps away to Beach Access 13. The best part here is there is an existing home on this lot so you can finance the entire purchase with a bank. This home can be renovated, but the best and highest use for this property is in building a massive home on the property. Plans to build an 8000 sq ft, 5 story home complete with movie theater, gym, game room, elevator is included. Huge opportunity to build a multi-million dollar home. Make it your primary residence, vacation home, or rent it as a short term rental! It's all allowed. Drone pictures attached show potential view at 65 ft high, however can be built up to 100 ft high according to bay county zoning. Large yard allows for multiple backdoor entertainment options. Whether you decide to knock it down and take advantage of the opportunity to build a large short term rental that is projected to gross $360,000 a year or live in it or rent it out you can't go wrong. With its very close beach access, to the beach and some of the best restaurants, you will be happy you chose this spot of paradise. Look around all of Panama City and you won't find any home with the amenities this house has making it a truly unique opportunity. Don't miss out on this once in a lifetime chance to own this unique piece of Panama City Beach property.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s)
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Electric, Fireplace(s)
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Patio and Porch Features
Covered, Patio
-
Pool
No
-
Waterfront YN
YES
-
View
Water
Area & Lot
-
Lot Features
Paved, Waterfront
-
Lot Size(acres)
0.17
-
Property Type
Residential
-
Property Sub Type
SingleFamilyResidence
-
Architectural Style
Coastal
Price
-
Sales Price
$665,000
-
Tax Amount
$2,926
-
Sq. Footage
1, 384
-
Price/SqFt
$480
HOA
-
Association
No
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
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Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of Trish Wheeler , Salty Marlin Realty LLC
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Cara Garcia & Shannon Sleeper
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