318 Sundial StPanama City Beach, FL 32413
- Apartment buildings
- 4,000 SF
Property Details for 318 Sundial St
- Year built
- 1992
- Property size (Sq ft)
- 4,000 SF
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
This exceptional Panama City Beach investment opportunity presents a 2-story, 4,000 square foot triplex situated on a spacious 14,810.4 square foot lot. Built in 1992, this property boasts a prime location just one block from the beach, allowing for lucrative short-term rentals with no HOA restrictions. The triplex comprises three distinct units: two upstairs 2-bedroom units (one with two baths, the other with one bath), and a downstairs 4-bedroom, 2-bathroom unit. Each unit features its own private entrance, offering flexibility and privacy for tenants. The property's location at the quieter west end of Panama City Beach provides easy access to local amenities such as Salty Sue's and Mike's Diner, while Pier Park is a short drive away. A projected annual rental income of $136,715 is available. All measurements are approximate and should be independently verified. This property presents a compelling investment opportunity with significant rental potential and a highly desirable location. The asking price is $1,099,000.
Location Insight
- City
- Panama City Beach
- County
- Bay
- State
- Florida
- Latitude
- 30.2323
- Longitude
- -85.9047
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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