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MLS # 749760 | $6,675,000

Panama City Beach Real Estate


Overview

  • Bedrooms: 20
  • Full Baths: 20
  • Half Baths: 5
  • Square Footage: 12421
  • Built: 2023
  • Acreage: 0.34

Location

  • 103 DeLuna Place
    Panama City Beach, FL 32413
    See On Map
  • County: Bay
  • Area: 03 - Bay County - Beach
  • Sub Area: 0324 - Beach - West Central
  • Subdivision: Laguna Beach

HIGHLIGHTS

Waterview, Gulf

Interior, Elevator, KitchenIsland, NewPaint, Laminate, Tile

Exterior, Balcony, SprinklerIrrigation, Pool, Porch, Balcony, Covered, Porch

Property Type, MultiFamily

High School, Arnold

Middle School, Surfside


DESCRIPTION

Unlock a golden investment opportunity with this exclusive townhome development in the heart of Panama City Beach, Florida! Introducing a five-unit project that not only offers the allure of coastal living but also promises lucrative returns on your investment. Current projections are pushing up to 700k in potential rental revenue.Each townhome boasts 4 bedrooms and 4 bathrooms, providing spacious and luxurious accommodation for residents and guests alike. The open floor plan seamlessly connects living, dining, and kitchen areas, creating an inviting space perfect for both relaxation and entertainment.Embrace the allure of gulf views that grace each residence, offering a visual feast of the breathtaking surroundings. High-end GE Monogram appliances adorn the kitchens, elevating the culinary experience for residents and ensuring the appeal for potential renters. Current gross projections are Solid core doors and vertical concrete construction add a touch of sophistication and privacy throughout, creating a sense of exclusivity in each unit. The heated community pool becomes a year-round attraction, enhancing the overall appeal for tenants seeking a resort-like experience.For those with an eye on investment, the entire project offers an excellent opportunity for rental income. Strategically located across the street from the beach, these townhomes are poised to attract vacationers and long-term renters alike. Rental projections currently show this development could push up to $700,000 in potential rental revenue.Parking is a breeze with a two-car garage for each unit, providing convenience for residents and adding to the property's overall desirability. Elevate the appeal further by offering the option for an elevator, ensuring accessibility for all potential tenants.Seize the chance to own not just a single property but an entire investment project in one of Florida's most sought-after locations. With proximity to the beach, upscale amenities, and a focus on maximizing rental potential, these townhomes present a compelling investment package. Don't miss out on securing your stake in this coastal gem - schedule a comprehensive tour today and witness the potential returns awaiting you in this prime Panama City Beach development!

MAP & DIRECTIONS

Driving Directions: Located at the corner of DeLuna Place and Front Beach Road.

Listed by Scenic Sotheby's International Realty | Updated 04/10/2024 20:55:29
Information deemed reliable but not guaranteed. The 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.

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