13639 Banana Wind WayPanama City Beach, FL 32413

Property Details for 13639 Banana Wind Way

Lot size

0.06 AC

Property size (Sq ft)

2,130 SF

Property type

Mixed-use properties

Property subtype

Other mixed-use properties

Description

This exceptional two-story mixed-use property in Panama City Beach, Florida, presents a lucrative investment opportunity. Located at 13639 Banana Wind Way, 32413, this newly constructed, 2,130 square foot vacation rental boasts a remarkable 9.75% cap rate and a strong net operating income (NOI) of $175,000. The property sits on a 0.06-acre lot and features a fully furnished interior, including a well-equipped kitchen complete with a Margaritaville machine. Sleeping arrangements comfortably accommodate up to twelve guests, with ensuite bedrooms offering two king and three queen beds, plus a living room sleeper sofa. The home is conveniently equipped with an EV charger. This rare poolside unit provides immediate access to a 2.5-acre heated resort pool with water slides and a lazy river. Additional amenities include proximity to an arcade, a full-service restaurant (currently under construction), a poolside bar, and 580 feet of private beachfront access with available beach chairs and paddleboards. Future amenities are also under development. The property's inclusion in the Margaritaville vacation rental program has already secured six weeks of summer bookings. This represents a unique chance to acquire a high-performing asset in a thriving tourist destination. The asking price is $1,795,000, translating to $842.72 per square foot.

Location Insight

City

Panama City Beach

County

Bay

State

Florida

Latitude

30.2005

Longitude

-85.8458

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