Hot Location! Perfect STR or Flip! 16% Cap Rate as STR! 120K Flip spread!

$350,000

Beds

Baths

1,224

Sq ft

1986

Year built

29% ARV upside$120,000 gross margin

About this property

Notes: Ideal Short term rental opportunity! Projected $64,000 Yearly return as an AirBnb. Take advantage of this prime STR market at a discounted price! The property is in need of cosmetic updates but is in livable condition. Delivered vacant at close. Comps: $580,000 (Active) https://www.realtor.com/realestateandhomes-detail/5826-Hilltop-Ave_Panama-City-Beach_FL_32408_M62541-96154 - 3 Bed / 3 bath - Updated $498,000 (Active) https://www.zillow.com/homedetails/6500-Sunset-Ave-Panama-City-Beach-FL-32408/42789019_zpid/ - 2 Bed / 2 Bath - Smaller than subject - Clean condition $461,000 (Sold on 10/08/2025) https://www.realtor.com/realestateandhomes-detail/6428-Sunset-Ave_Panama-City-Beach_FL_32408_M60032-84563 - 2 Bed / 2 bath - Pool - Dated $435,000 (Sold on 08/15/2025) https://www.realtor.com/realestateandhomes-detail/6310-Pinetree-Ave_Panama-City-Beach_FL_32408_M54889-02759 - 3 Bed / 2 bath - Light Updates throughout Reach out to Sean @ 561-707-7690 for more info

Property snapshot

Layout3 Bed / 3 Bath

Living area1,224 sq ft

Lot size0 sq ft

Year built1986

CountyBay County

Deal details

Asking price$350,000

ARV estimate$450,000

Spread29% upside

Gross margin$120,000

Brought to you by

Ms. Meriam Aberri

Miami Off-Market Deals

(754) 333-0132 ms.meriam.miami@gmail.comBrickell, Miami, FL

Request the full address, photos, and deal package — sent to verified buyers, usually within the hour.

Inquire privately

Licensed Florida brokerageConfidential — verified buyers only

The numbers

Asking

$350K

ARV est.

$450K

Spread

29%

Run this in the flip calculator