8614 Surf Drive, Panama City, Fl 32408 Panama City Beach, FL 32408
11 Bed
0 Baths
7723 sqft
MLS# NMLUGLJWKHECF
Exceptional Investment Opportunity in Prime Beachfront Location This commercial property, strategically zoned for high-intensity development, presents a rare chance to own a substantial parcel of land exceeding half an acre, situated directly across from the stunning beaches and the Gulf of Mexico. The income-producing 11-unit inn, fully furnished and impeccably maintained, offers a unique opportunity for immediate cash flow and potential for expansion to 15 units, capitalizing on the area's high demand for accommodations. The property's expansive lot provides a canvas for redevelopment, allowing investors to explore various scenarios, including single-family residences, multi-family units, or a mix of both, thereby maximizing the potential for returns on investment. With its prime location and versatile zoning, this property is an investor's dream, offering endless possibilities for creative development and revenue generation. The property's beachfront location offers unparalleled access to a wide range of activities and amenities, all within walking distance. Enjoy swimming, sunbathing, and water sports on the pristine beaches, or explore the nearby parks and fresh water springs. The area is also known for its vibrant events calendar, featuring live music, festivals, and cultural events that attract tourists and locals alike. Studio units in Panama City Beach have consistently demonstrated exceptional performance, boasting some of the highest income potential and capitalization rates in the market. With its high tourist turnover and strong demand for short-term rentals, this property is poised to deliver significant returns on investment, making it an attractive opportunity for savvy investors seeking to capitalize on the area's growing popularity. This exceptional investment opportunity is not to be missed.
Listing Courtesy of Ryan Realty / Century 21 Ryan Realty / Katie Patronis
$235,000
Lake Drive Heights Area Single Family Home
Active
522 Shade Street Parker, FL 32404
3 Bed
1 Baths
1341 sqft
MLS# 764131
This Lovely 3 bedroom 1 bathroom home 10 Minutes drive to Tyndall Air force base.25 Minutes drive to Navy Base Thomas Drive. Vivint Home Security System with 2 Cameras, Google Nest Smart Thermostat, Tankless Hot water Heater, refrigerator, dishwasher, microwave New Stove with built in Air Fryer, Washer and dryer convey with the purchase. The house Newly painted. with Large Fenced in Backyard has plenty room for Pool. Large Bonus room Great for game room or Convert to Bedroom has room to add extra bathroom, Roof installed 2018.
Listing Courtesy of CENTRAL PANHANDLE / Century 21 Ryan Realty / Lolita Millyard