one property at a time.

Panama City Beach FL πŸ’₯ Light Rehab Flip or High Income Rental

Price
$405,000
ARV
$570,000
211 Lake Pl, Panama City Beach, FL 32413, USA, ,

Overview

  • 3 Bedrooms
  • 3 Bathrooms
  • 1,512 ft
  • Year Built: 1961

Description

πŸ’₯ New Property For Assignment πŸ’₯

Light Rehab Flip or High Income Rental in Panama City Beach FL

πŸ“Property Overview:

Size: 1512 sqft

Year Built: 1961 (Renovated in 1966)

Layout: 3 Bedrooms / 3 Bathrooms

Roof: 1 year old

HVAC: 1 year old

Status: Occupied, Owner Vacant 30 days after close

πŸ’° Financial Highlights:

Asking Price: 405k

After Repair Value (ARV): 550k – 570k

Rental Rates: LTR 2.5k – 2.9k/month

HOA: No

EMD (Earnest Money Deposit): 5k

Closing Date: On or before February 29, 2024

🌐 Location Highlights:

Located in Laguna Beach neighborhood, walking distance to the white sandy beaches

Minutes from Pier Park

πŸ† Investor Edge:

Prime location with proximity to beaches and entertainment

Recently renovated with a one-year-old roof and HVAC

Potential for lucrative long-term rentals

Address: 211 Lake Pl, Panama City Beach, FL 32413, USA
County:
State:
Zip: 32413
Country: United States
Open In Google Maps
Property Id : 43271
Price: $ 405,000
Property Size: 1,512 ft
Bedrooms: 3
Bathrooms: 3
ARV: $570,000
Property Type: Single-Family
Parking: Driveway
Year Built: 1961
Lot Size: 0.15 acres

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