For Sale
$1,897,000

20504 Front Beach RdPanama City, FL 32413

Luxury Panama City Beach House, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A, two-story single-family home located at 20504 Front Beach Rd, Panama City, FL 32413, presents a lucrative investment opportunity. Boasting 2,180 square feet on a 7,200 square foot lot, this fully remodeled (2024) property offers unparalleled beachfront living. The asking price is $1,897,000, translating to a compelling price per square foot of $870.18 and a remarkable price per unit given its single-unit configuration. Projected net operating income (NOI) stands at $175,000, yielding a strong 9.23% capitalization rate. This net lease investment is ideal for discerning buyers seeking high returns in a prime location. The property's superior condition and desirable beachfront location in Bay County ensure strong rental demand and potential for significant appreciation. Don't miss this chance to acquire a high-performing asset in a thriving market. This is a turnkey investment ready to generate immediate income.

Highlights

  • $1,897,000 Asking Price
  • Multifamily, Class A, Single Family Rental Portfolio investment opportunity.
  • Net Lease investment with a 9.23% Cap Rate and $175,000 NOI.
  • 2,180 square feet, 2-story home on a 7,200 square foot lot.
  • Completely renovated in 2024, located at 20504 Front Beach Rd, Panama City, FL 32413.

Property Details for 20504 Front Beach Rd

Property type
Residential income homes
Square Feet
2,180 SF
Class
A
Year Renovated
2024
Stories
2
Units
1

Location Insight

City
Panama City
County
Bay
State
Florida
Latitude
30.2457965
Longitude
-85.9374709
20504 Front Beach Rd, Panama City, Florida

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20504 Front Beach Rd
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