631 16th Street, Panama City Beach

Motivated seller! Priced below appraised value by $50k, bring your offers on this rare property! Just 0.5 miles to the beach, this property features a massive 1500+ sq ft warehouse/workshop and multiple flex spaces within the home, plus a brand-new roof! Located on the coveted west end of Panama City Beach, this incredible 4-bedroom, 2-bathroom home offers a unique opportunity to live steps away from the Emerald Coast on a 1/3 acre lot with no HOA! This property is less than 10 minutes to 30A and offers easy access to the area's best attractions, dining, and entertainment.As you step inside, you'll be greeted by a spacious living area with an abundance of natural light. The large kitchen is ideal for entertaining friends and family. This home features two distinct living spaces, one of which has the flexibility and potential to be converted into a comfortable mother-in-law suite to accommodate varying needs. The real highlight of this property lies outside - a massive warehouse/workshop awaits, complete with 50-amp power hookups, offering endless possibilities for hobbyists, entrepreneurs, business owners, or anyone in need of ample storage space.The current owner has both bays of the warehouse rented on a month-to-month storage lease for a total of $1,000 per month! Whether you envision a lush garden oasis, a sparkling pool retreat, or expansive outdoor entertaining areas, the possibilities are endless. Additional features include a new roof installed in 2023, and an unfinished attic space with a separate entrance, ready to be transformed into a lucrative Airbnb rental or additional living quarters. With ample parking and close proximity to the beach, you'll enjoy the best of coastal living with this one-of-a-kind property. While this beach home requires some tender loving care, the possibilities are boundless, offering immense potential for the discerning buyer. Schedule your private showing today!