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129 Linda Marie Lane

Panama City Beach, FL 32407
  • $450,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 746772
UPDATED: 13 min ago
$450,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 1,436
    SQFT
  • $313
    $/SQFT
Type:
Townhouse
Built:
1988
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

START EARNING INVESTMENT INCOME in just a few weeks with this TURN-KEY, FULLY FURNISHED property just 60 STEPS from the nearest pool! As a highly desirable 3-bedroom, 2.5-bathroom (plus a BONUS ROOM) END UNIT, 129 Linda Marie Lane is primed for substantial rental income. The property measures 1,436 sq ft according to its last appraisal and features a new (2023) HVAC unit. Seize the opportunity to convert this exceptional property into an income-generating short term rental before year-end and you may qualify for an impressive 80% BONUS DEPRECIATION (consult your CPA for personalized advice). The kitchen features a Frigidaire refrigerator, dishwasher, and 5-burner gas stove. The GE washer and Kenmore dryer both convey with the sale as do the microwave and Mr. Coffee coffee maker, all utensils, pots, pans, and beach gear. There is LVP flooring in all three bedrooms hall, and stairs and tile in both full baths. PROPERTY HIGHLIGHTS INCLUDE--END-UNIT ADVANTAGE: This property enjoys added light, privacy, and a larger livable footprint due to its enclosed patio and balcony. The 18' x 7' patio give a terrific view of the community amenities while also offering private entertaining space. SPACIOUS LAYOUT: The open-concept living/dining/ kitchen gives ample room for relaxation. INCOME POTENTIAL: Positioned in the heart of Panama City Beach at the very popular Gulf Highlands townhome community, this property is estimated to yield a gross rental income of $45,000 - $50,000 annually, making it a lucrative investment (estimated to bring more than 10% of its purchase price in gross rental income). ACCESSIBLE FUN: The Gulf Highlands mini-golf course is conveniently located just outside your back door, providing endless entertainment for guests and family. RESORT-LIKE AMENITIES: Access one of the community's ELEVEN SWIMMING POOLS just five doors away, providing a resort-style experience for your guests. COMMUNITY PERKS: Tennis, shuffleboard, and pickleball round out the community attractions. There's even a community room located next to the BEACHFRONT SWIMMING POOL. PRIME LOCATION: Panama City Beach offers an array of amenities and nearby attractions to ensure a memorable stay for guests. Guests will appreciate the proximity to the local water park, trampoline jump, arcade, bowling alley, skating rink, and of course THE BEACH, easily accessible from Front Beach Road, Hutchinson Blvd., and Hwy 98. INVESTOR'S DREAM: Whether you're a seasoned investor or new to the short-term rental market, this property promises an attractive return on investment and an opportunity to build wealth through real estate. Act promptly to secure your piece of paradise and embark on a lucrative short-term rental venture. Contact your favorite investment-savvy agent today for more details and to schedule a viewing.

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© 2023 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Spears Group | Compass. Data last updated: 2023-09-27T07:04:17.297.
www.spearsgroupflorida.com/homes/143506257
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129 Linda Marie Lane Panama City Beach, FL 32407

  • Price: $450,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 13 min ago
  • MLS #: 746772
3
Beds
2
Baths
1
½ Baths
N/A
Acres
1,436
SQFT
$313
$/SQFT
1988
Built
Neighborhood:
Gulf Highlands Beach Resort
County:
Bay
Area:
Bay County-Beach
Elementary School:
Hutchison Beach
Middle School:
Surfside
High School:
Arnold
Property Description
START EARNING INVESTMENT INCOME in just a few weeks with this TURN-KEY, FULLY FURNISHED property just 60 STEPS from the nearest pool! As a highly desirable 3-bedroom, 2.5-bathroom (plus a BONUS ROOM) END UNIT, 129 Linda Marie Lane is primed for substantial rental income. The property measures 1,436 sq ft according to its last appraisal and features a new (2023) HVAC unit. Seize the opportunity to convert this exceptional property into an income-generating short term rental before year-end and you may qualify for an impressive 80% BONUS DEPRECIATION (consult your CPA for personalized advice). The kitchen features a Frigidaire refrigerator, dishwasher, and 5-burner gas stove. The GE washer and Kenmore dryer both convey with the sale as do the microwave and Mr. Coffee coffee maker, all utensils, pots, pans, and beach gear. There is LVP flooring in all three bedrooms hall, and stairs and tile in both full baths. PROPERTY HIGHLIGHTS INCLUDE--END-UNIT ADVANTAGE: This property enjoys added light, privacy, and a larger livable footprint due to its enclosed patio and balcony. The 18' x 7' patio give a terrific view of the community amenities while also offering private entertaining space. SPACIOUS LAYOUT: The open-concept living/dining/ kitchen gives ample room for relaxation. INCOME POTENTIAL: Positioned in the heart of Panama City Beach at the very popular Gulf Highlands townhome community, this property is estimated to yield a gross rental income of $45,000 - $50,000 annually, making it a lucrative investment (estimated to bring more than 10% of its purchase price in gross rental income). ACCESSIBLE FUN: The Gulf Highlands mini-golf course is conveniently located just outside your back door, providing endless entertainment for guests and family. RESORT-LIKE AMENITIES: Access one of the community's ELEVEN SWIMMING POOLS just five doors away, providing a resort-style experience for your guests. COMMUNITY PERKS: Tennis, shuffleboard, and pickleball round out the community attractions. There's even a community room located next to the BEACHFRONT SWIMMING POOL. PRIME LOCATION: Panama City Beach offers an array of amenities and nearby attractions to ensure a memorable stay for guests. Guests will appreciate the proximity to the local water park, trampoline jump, arcade, bowling alley, skating rink, and of course THE BEACH, easily accessible from Front Beach Road, Hutchinson Blvd., and Hwy 98. INVESTOR'S DREAM: Whether you're a seasoned investor or new to the short-term rental market, this property promises an attractive return on investment and an opportunity to build wealth through real estate. Act promptly to secure your piece of paradise and embark on a lucrative short-term rental venture. Contact your favorite investment-savvy agent today for more details and to schedule a viewing.
Exterior Features

Construction Materials Stucco Garage YN No Patio And Porch Features OpenPatio Pool Features CommunityIn Ground Road Frontage Type Freeway Structure Type Townhouse View Pond View YN Yes

Interior Features

Appliances DryerDishwasherFreezerGas RangeMicrowaveRefrigeratorWasher Cooling Central AirCeiling Fan(S) Cooling YN Yes Flooring PlankTileVinyl Furnished Furnished Heating Central Heating YN Yes Interior Features Breakfast BarStorageWindow Treatments Laundry Features Washer HookupDryer Hookup Parking Features Additional ParkingAssignedParking Lot Rooms Bedroom (Second Level) Full Bath (Second Level) Bedroom (Second Level) Master Bathroom (Second Level) Master Bedroom (Second Level) Bonus Room (First Level) Half Bath (First Level) Kitchen (First Level) Dining Room (First Level) Living Room (First Level)

Property Features

Association Amenities Beach RightsGatedPicnic Area Association Fee 948.82 Association Fee Frequency Quarterly Association Fee Includes ClubhouseMaintenance GroundsOtherPest ControlPool(S)Recreation FacilitiesSee RemarksTennis CourtsTrash Association YN Yes Community Features BeachClubhouseGolfGatedOtherPoolSee RemarksShort Term Rental AllowedTennis Court(S) Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFhaVa Loan Lot Size Dimensions 25 X 82 Occupant Type Tenant Pets Allowed Owner OnlyYes Property Sub Type Attached Property Sub Type Additional Townhouse Security Features Security GateGated With GuardSmoke Detector(S)Gated Community Sewer Public Sewer Special Listing Conditions Listed As-Is Tax Annual Amount 2820 Tax Year 2022 Utilities Electricity AvailableHigh Speed Internet AvailableSewer AvailableWater Available Water Source Public Waterfront YN No Zoning Description Resid Single Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Exp Realty Llc: (888) 883-8509. Listing information © 2023 Central Panhandle Association of Realtors MLS.


© 2023 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Spears Group | Compass. Data last updated: 2023-09-27T07:04:17.297.
 
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