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Sold

7229 S Lagoon Drive

7229 S Lagoon Drive, Panama City Beach, FL 32408

$348,000
THE JEM is an established Short Term Rental unit just across the street from the lagoon and 3-blocks from the sugar sands of Panama City Beach and Rick Seltzer Park. Offered fully furnished and turnkey, it easily accommodates 8 guests. There are 2 suites downstairs, one with bunk beds and an open concept living area upstairs with a fully equipped Kitchen, Laundry and a half bathroom. Extended balcony with views of the Lagoon. Quiet area close to the best local restaurants. The Roof and gutters are less than 1-year old. No HOA. Rental Income YTD: $47.8k with Rental Projections of $60k/year. Next door unit is also available for sale as STR MLS #714503. All measurements are approximate, please verify if important.

2
beds

3
baths

1,280 Sq.Ft. LIVING AREA

0.05 Acres lot

Sean Casilli

Sean Casilli

Features & Amenities

Interior

  • total bedrooms2
  • Total bathrooms3
  • full bathrooms2
  • half bathroom1
  • Laundry room Washer Hookup, Dryer Hookup
  • Flooring Tile
  • APPLIANCES Dryer, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • other interior Features Breakfast Bar, Kitchen Island, Window Treatments

Area & Lot

  • Status Sold
  • Living Area1,280 Sq.Ft.
  • Lot Area0.05 Acres
  • MLS® ID714502
  • TypeRESIDENTIAL
  • YEAR BUILT1983
  • Architecture StylesTownhouse
  • View DescriptionLagoon
  • Elementary SchoolPatronis
  • Middle SchoolSurfside
  • High SchoolArnold

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Available, Electricity Available, Septic Available, Water Available
  • roofShingle
  • parkingDriveway
  • AIR CONDITIONINGCentral Air, Ceiling Fan(s), Electric
  • sewerSeptic Tank
  • SubstructureFrame
  • HOA AmenitiesShort Term Rental Allowed
  • other exterior FeaturesBalcony, Fence

Financial

  • Sales Price$348,000

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