- Price$995,000
- Beds4
- Baths3
- SQ. Feet2,189
- Acres0.07
- Built2023
221 Lake Place, Panama City Beach
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Investors looking to make 1% of the purchase price in gross rentals, this should be in your future. Rental income projecting $120k+ per year in gross rents with thoughtful interior package. New construction with warranty! Furnishing package can be negotiated to make this property turn key. Submit all offers!Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your heart's content.Relax and unwind in your private plunge pool, perfect for cooling off after a day at the beach or hosting intimate gatherings with friends and family. Take in the fresh salty air from the balcony while sipping your morning coffee or evening cocktail.Gather around the fire pit in the evenings for cozy conversations under the stars, creating memories that will last a lifetime. With four bedrooms and 2 1/2 bathrooms, there's plenty of space for everyone to spread out and feel at home.Parking is a breeze with space for three vehicles, ensuring that you and your guests always have a spot to park. Plus, the location couldn't be better - just 8 minutes to Pier Park for shopping, dining, and entertainment, and a short 10-minute drive to the charming community of Rosemary Beach 30A.This beach home isn't just a slice of paradise for vacationers - it's also an incredible opportunity for savvy investors. With its prime location and desirable amenities, this property is perfect for generating rental income and cash flow!Whether you're looking to rent it out short-term to beachgoers or as a long-term rental for residents, the potential for ROI is unmatched.Invest in the future of coastal real estate and secure your foothold in one of the most sought-after vacation destinations. Don't miss out on the opportunity to own this coastal oasis - call your favorite real estate agent to schedule your showing today!
Essential Information
- MLS® #753589
- Price$995,000
- Bedrooms4
- Bathrooms3.00
- Full Baths2
- Half Baths1
- Square Footage2,189
- Acres0.07
- Year Built2023
- TypeResidential
- Sub-TypeDetached
- StyleCoastal
- StatusActive Under Contract
Amenities
- UtilitiesElectricity Connected, Sewer Connected, Water Connected
- FeaturesLandscaped
- ParkingAttached, Garage
- # of Garages1
- GaragesAttached, Garage
- Has PoolYes
- PoolIn Ground, Private, Pool
Exterior
- Exterior FeaturesBalcony, Outdoor Shower, Pool, Patio
- Lot DescriptionLandscaped
Additional Information
- Date ListedFebruary 27th, 2024
Community Information
- Address221 Lake Place
- Area03 - Bay County - Beach
- SubdivisionLaguna Beach
- CityPanama City Beach
- CountyBay
- StateFL
- Zip Code32413
Interior
- Interior FeaturesBreakfast Bar, Recessed Lighting
- AppliancesWasher/Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- HeatingCentral
- CoolingCentral Air
- # of Stories2
School Information
- ElementaryWest Bay
- MiddleSurfside
- HighArnold
Listing Details
- Listing OfficeBeachy Beach Real Estate
Price Change History for 221 Lake Place, Panama City Beach, FL (MLS® #753589)
Date | Details | Price | Change |
---|---|---|---|
Active Under Contract (from Active) | – | – | |
Price Reduced | $995,000 | $80,000 (7.44%) | |
Price Reduced (from $1,100,000) | $1,075,000 | $25,000 (2.27%) |
DISCLAIMER: 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 Source: Bay County Association Of REALTORS® Multiple Listing Service