Teel & Waters Real Estate Company Inc
    499 N Ferdon Blvd Crestview, FL 32536

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    127 16th Street Panama City Beach, FL 32413

    Main photo of property

    MLS Number: 930881

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    • How Many Views 5 Views
    • Property Type Detached Single Family
    • Square Foot of House 2,993 Sq Ft
    • Number of Beds 9 Beds
    • Number of Baths 6 / 1 Baths
    • Share
    • $1,595,000

    Don't miss out on this incredible investment opportunity to own a fully renovated 9-bedroom home in a prime location just a block from the beach in Laguna Beach. With projected rental income of $180k - $230k, this property offers the potential for a significant return on investment. This was previously a duplex and brought down to the studs for a full transformation. Completely renovated in 2023 and now one home, everything is BRAND NEW including new windows, electric, plumbing, paint, AC & hot water heater, as well as amazing finishes throughout. Roof is also new 2020/21 and back half replaced 2023. The bright colors & unique tile selections set this home apart. Being sold fully furnished & decorated, this is the perfect turn key beach house for those looking for an ideal investment!The attention to detail and high-quality finishes throughout the home make it a standout property. The kitchen features a Quartz island & stainless steel appliances, attractive backsplash and beautiful open shelving and flows nicely to the living & dining area. The open concept layout, dual living areas and colorful furniture & decor create a bright and airy feel. The exterior of the home has also been updated with new hardie-board siding, metal roof and landscaping to create an attractive curb appeal for this Florida cottage. The renovation not only makes the home move-in ready, but it also offers peace of mind for years to come. The new construction ensures that the home is up to current building codes and likely will require minimal maintenance. The property sits on a larger lot, providing plenty of parking and outdoor space for entertaining or relaxation. There is a great front porch for outdoor dining or to great guests, grill included and room for a pool or hot tub which will increase rental potential. With its desirable location on the west end of Panama City Beach and modern amenities, this turn-key home is sure to impress. You are just a block from two beach accesses and the beautiful Gulf of Mexico, only 5 miles from Pier Park Shopping Mall, 6 miles to Scenic 30A and 15 miles from Northwest Florida Beaches International Airport.

    Listing provided courtesy of EXP Realty LLC

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    • Architecture

      • Year Built: 1973
      • Stories: 1
      • Project Facilities:
      • Construction: Construction Complete
    • Interior Features

      • Square Footage: 2993
      • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
      • Interior Features: Breakfast Bar, Floor Tile, Floor Vinyl, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Renovated, Wallpaper, Washer/Dryer Hookup, Window Treatment All
    • Property Features

      • Lot Access: City Road,Paved Road
      • Lot Description: Corner, Within 1/2 Mile to Water
      • Waterview:
      • Parking:
      • Utilities: Electric,Public Sewer,Public Water,TV Cable
      • Zoning:
    • Community

      • HOA Includes:N/A
      • HOA FEE:N/A
      • HOA Payable:N/A
      • Elementary: West Bay
      • Middle: Surfside
      • High: Arnold

Current Data as of Tue Sep 26 1:15:27 CDT 2023
Information Deemed Reliable but not guaranteed. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2022, All rights reserved. Vendor Number : 28183