BEDS3
BATHS2 full
SQUARE FEET1,200
MLS#788212
STATUSActive Under Contract
PROPERTY TYPEResidential - Single Family
SUBDIVISIONKiska Beach 1st Add
Property Description
UNDER CONTRACT. SELLER WILL CONSIDER BACK-UPS. Turnkey beach investment located just a few blocks from the Gulf on the highly sought-after west end of Panama City Beach, with convenient access to the Rosemary Beach entrance to 30A. This updated coastal bungalow offers an ideal setup for short-term rental use, featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard designed for easy ownership. The fully fenced yard includes a detached storage building that could be transformed into a charming guest suite, bunk room, or flex space (buyer to verify), along with room to add a pool for increased rental potential. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy trends. Positioned near public beach access, 30A, Rosemary Beach, and Pier Park, this property offers a compelling combination of location, usability, and income potential.
Property Features
Property Type: Residential - Single Family
Home Style: Bungalow
Lot Size: 0.13 Acres
Taxes: $4,388
Year Built: 1983
Feature Descriptions
Community Features: Short Term Rental Allowed
Days on Site: 10
Lot Dimensions: 50 x 112
Parcel#: 36065-009-000
Utilities: Cable Connected
Room Sizes
Bedroom: 11 X 11 Level - First
Bedroom: 11 X 11 Level - First
Primary Bedroom: 14 X 21 Level - First
Local Schools
High School: Arnold
Middle School: Surfside
Elementary School: West Bay
Listed By / Shown By
Listed By
Agency Name: Luxe Coastal Realty Group LLC
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,624.28 per month $1,112.78 Principal & Interest $365.67 Property Tax $145.83 Homeowner's InsuranceChange Payment Information
423 Kelly Street | MLS# 788212
This single family home located at 423 Kelly Street, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $499,999. This property was built in 1983 and has 3 bedrooms and 2 full baths with 1200 sq. ft. Kelly Street is located in the Kiska Beach 1st Add subdivision. Search Kiska Beach 1st Add real estate on www.realtymark.net today.