Active
103 DeLuna Place
Panama City Beach FL, 32413
$6,675,000
$537.40 per sqft
Active
20 Beds
22.5 Baths
12,421 sqft
Multi-family
Built in 2023
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!
749760
MLSⓇ ID
November 30, 2023
Listed
April 10, 2024
Updated
Map
103 DeLuna Place
Panama City Beach FL, 32413
Interior Features
Total Stories
3
Bedrooms
20
Total Bathrooms
22.5
Interior Features
Elevator, Kitchen Island, New Paint
Appliances
Dishwasher, Electric Oven, Gas Cooktop, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater
Floor Description
Laminate, Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Ceiling Fan(s)
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
0.34 Acres
Exterior Features
Balcony, Sprinkler/Irrigation, Pool, Porch
Roof
Shingle
Sewer
Community/Coop Sewer
School Information
High School
Arnold
Elementary School
West Bay
Other Property Details
Area Name
03 - Bay County - Beach
Days on Market
132
Garage
Yes
Garage Spaces
10
Parking
Attached Carport, Attached, Garage
View
Yes
View Description
Gulf
County
Bay
Water Source
Community/Coop
Pool
Yes
Pool Features
Fenced, Gunite, Gas Heat, In Ground, Private, Community, Pool
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
4/10/2024 | Price Change | $6,675,000 -7% |
1/25/2024 | Price Change | $7,175,000 -4% |
Courtesy of Scenic Sotheby's International Realty, Blake Jones,
Listing Contact: (850) 714-4252
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bay Real Experts shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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