$899,900
For Sale

622 Gardenia Street

Panama City Beach, FL 32407
760 sqft | 2 beds | 2 baths | 0.33 acres | #769318
Type:Purchase
Structure:House
Zone:Residential

Description

Attention all investors and entrepreneurs - this property is a real game-changer! Boasting a coveted High Intensity Commercial zoning designation or Multi-Family use in the heart of Panama City Beach. Comes as a double lot with a turnkey 2 Bedroom/ 1.5 Bath, 760 sq ft house. The lot has enough space for 2 structures! Imagine the potential to build Two Duplex's with enough room for pools and potential views of the Gulf of Mexico on the top floors. And with short term rentals permitted, you can maximize your investment by generating income year-round. What's more, this property is located in a highly desirable area with lots of visibility and new development happening all around, ensuring a bright future for your investment. And with no HOA to worry about, you'll have the freedom to make your vision a reality. And let's not forget the unbeatable location - just a 5-minute walk to the beautiful beaches. The owner has blueprints for a duplex on the vacant lot that can be included in the sale. Comes with building plans for a duplex.

  • Property Details
      • Utility FeaturesCable Available
      • Elementary SchoolHutchison Beach
      • SubdivisionBahama Beach
      • Property TypePurchase
      • Middle SchoolSurfside
      • Property SubtypeDetached
      • StyleCoastal
      • High SchoolArnold
      • Taxes Annual$3,372
      • MLS #769318
      • Cost899900
      • MLS #769318
      • ViewGulf
      • Acres0.33
      • Year Built1952
      • FoundationSlab
      • Square Feet760
      • CountyBay
      • Days on Market (Cumulative)17
      • Bedrooms2
      • Bathrooms2
      • Full Baths2

Location

Donna HarrisReal Estate Group

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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