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2832 Susan Avenue

Panama City Beach, FL 32408
  • $1,500,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 960549
UPDATED: 62 min ago
$1,500,000
  • 6
    BEDS
  • 0.25
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,236
    SQFT
  • $464
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2023
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

Description

30% RETURN ON INVESTMENT!! Projected rental income at $252K yr! Welcome to your dream investment opportunitya thoughtfully designed 6-bedroom, 4-bathroom fully furnished duplex offering unparalleled versatility. With an interior door connecting both units, you have the option to rent them separately as 3-bed, 2-bath units or combine them into a spacious 6-bed, 4-bath home. This multi-use setup allows for three potential Airbnb listings, in addition to a separate poolside studio featuring a loft king bed, full bathroom, and its own exterior access. Perfectly situated in a serene and private location with no HOA, this property offers the rare blend of luxury, functionality, and income-generating potential. The outdoor amenities are equally impressive. Enjoy the in-ground heated and chilled complete with an outdoor shower and an additional bathroom for exterior guests' convenience. The resort-style backyard includes a refrigerator, sink, fans, dining area, gas firepit seating, beautiful string lights, and lounge chairs around the poolcreating an ideal space for relaxation and entertainment. The property also features a dedicated RV parking pad with electric and water hookups, ample parking for water sports toys, and a low-maintenance design, making it perfect for hosting large groups and multi-family gatherings. Located just 1/2 mile from the water, you'll be minutes away from white sandy beaches, marinas, and popular dining destinations. With PCB's limited inventory of large properties, this rare gem stands out, especially at such an attractive price point. Crafted by an experienced local builder and AirBnB Superhost, this property ensures no guest comfort is overlooked. The duplex features high-end, modern construction with XL trim, beautifully decorated, Probolt hurricane protection, and foam insulation for durability. Additional insulation within firewall interior walls provides excellent sound deflection, while impact windows, high ceilings, and oversized closets accommodate large groups and their luggage. The kitchens are equipped with high-end appliances and spacious center islands, perfect for entertaining. Practical details include separate electric meters for each side of the duplex, city sewer, shared water meter, irrigation, and an in-place termite bond. The property is located in Flood Zone X, meaning no flood insurance is required. Exciting new developments are coming to Panama City Beach! With popular venues like Top Golf, Tootsie's Orchid Lounge, and Dolly Parton's Pirates of the Caribbean attraction on the horizon, it's clear that big industries are investing heavily in this area. This influx of high-profile entertainment options signals significant growth and development for Panama City Beach, showing confidence in its future as a thriving hub for tourism and local business. These attractions not only promise to draw more visitors but also reflect the growing appeal and economic potential of the area. The investments being made highlight that Panama City Beach is on the rise as a major entertainment destination. Don't miss this opportunity to own a luxury retreat in one of the most desirable areas, complete with every amenity your guests could dream of!

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Rish Real Estate Group. Vendor Member number: 28178. Data last updated: 2024-11-06T18:01:10.953.
Vendor Member #28178.
www.rishrealestategroup.com/homes/156532148
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2832 Susan Avenue Panama City Beach, FL 32408

  • Price: $1,500,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 62 min ago
  • MLS #: 960549
6
Beds
6
Baths
0
½ Baths
0.25
Acres
3,236
SQFT
$464
$/SQFT
2023
Built
Neighborhood:
Magnolia Beach 2Nd Addn
County:
Bay
Area:
Bay County
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
30% RETURN ON INVESTMENT!! Projected rental income at $252K yr! Welcome to your dream investment opportunitya thoughtfully designed 6-bedroom, 4-bathroom fully furnished duplex offering unparalleled versatility. With an interior door connecting both units, you have the option to rent them separately as 3-bed, 2-bath units or combine them into a spacious 6-bed, 4-bath home. This multi-use setup allows for three potential Airbnb listings, in addition to a separate poolside studio featuring a loft king bed, full bathroom, and its own exterior access. Perfectly situated in a serene and private location with no HOA, this property offers the rare blend of luxury, functionality, and income-generating potential. The outdoor amenities are equally impressive. Enjoy the in-ground heated and chilled complete with an outdoor shower and an additional bathroom for exterior guests' convenience. The resort-style backyard includes a refrigerator, sink, fans, dining area, gas firepit seating, beautiful string lights, and lounge chairs around the poolcreating an ideal space for relaxation and entertainment. The property also features a dedicated RV parking pad with electric and water hookups, ample parking for water sports toys, and a low-maintenance design, making it perfect for hosting large groups and multi-family gatherings. Located just 1/2 mile from the water, you'll be minutes away from white sandy beaches, marinas, and popular dining destinations. With PCB's limited inventory of large properties, this rare gem stands out, especially at such an attractive price point. Crafted by an experienced local builder and AirBnB Superhost, this property ensures no guest comfort is overlooked. The duplex features high-end, modern construction with XL trim, beautifully decorated, Probolt hurricane protection, and foam insulation for durability. Additional insulation within firewall interior walls provides excellent sound deflection, while impact windows, high ceilings, and oversized closets accommodate large groups and their luggage. The kitchens are equipped with high-end appliances and spacious center islands, perfect for entertaining. Practical details include separate electric meters for each side of the duplex, city sewer, shared water meter, irrigation, and an in-place termite bond. The property is located in Flood Zone X, meaning no flood insurance is required. Exciting new developments are coming to Panama City Beach! With popular venues like Top Golf, Tootsie's Orchid Lounge, and Dolly Parton's Pirates of the Caribbean attraction on the horizon, it's clear that big industries are investing heavily in this area. This influx of high-profile entertainment options signals significant growth and development for Panama City Beach, showing confidence in its future as a thriving hub for tourism and local business. These attractions not only promise to draw more visitors but also reflect the growing appeal and economic potential of the area. The investments being made highlight that Panama City Beach is on the rise as a major entertainment destination. Don't miss this opportunity to own a luxury retreat in one of the most desirable areas, complete with every amenity your guests could dream of!
Exterior Features

Architectural Style Beach House Carport YN No Construction Materials Roof Shingle/ShakeSiding CmntFbrHrdBrdSlab Exterior Features BBQ Pit/GrillDeck CoveredDeck OpenSummer Kitchen Lot Features Cul-De-SacWithin 1/2 Mile to Water Lot Size Dimensions 60x153 Parking Features [] Pool YN Yes Road Frontage Type [] Road Surface Type [] View [] Waterfront Features []

Interior Features

Appliances CooktopDishwasherDryerFreezerRefrigeratorRefrigerator W/IceMkSmoke DetectorStove/Oven ElectricWasher Cooling Ceiling Fan(s)Central Air Cooling YN Yes First Floor Bedroom Yes Heating Central Heating YN Yes Interior Features Floor VinylKitchen IslandLighting RecessedLock OutPantry Rooms Total 14

Property Features

Association Fee Includes [] Buyer Financing Conventional Community Features [] Green Energy Efficient [] New Construction YN No Pool Type Private Property Condition Construction Complete Property Sub Type Detached Single Family Special Listing Conditions [] Tax Amount 827 Tax Year 2023 Utilities ElectricPublic SewerPublic Water Zoning Resid Multi-Family

Listing courtesy of Beach House Sales and Development: 256-566-5482.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Rish Real Estate Group. Vendor Member number: 28178. Data last updated: 2024-11-06T18:01:10.953.
Vendor Member #28178.
 
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155 W Hwy 98
Port St. Joe FL, 32456