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Bay County · Panama City, FL 32408

TURNKEY RENTAL READY FOR NEW OWNERS BRING ALL OFFERS

$560,000
4
Beds
2
Baths
1,620
Sq ft
1999
Year built
$40K spread

About this property

PANAMA CITY BEACH, FL DUPLEX

$565,000 MOTIVATED SELLER BRING ALL CASH OFFERS

4 BED / 2 BATH TOTAL

1,620 TOTAL SQ FT

2 BED / 1 BATH PER UNIT Separately Metered Utilities

PROPERTY HIGHLIGHTS

No HOA No Flood Insurance

No Deferred Maintenance

Fully Furnished Ready for Guests

WHY PAY A MORTGAGE WHEN YOUR TENANTS CAN HELP PAY IT FOR YOU?

CURRENT RENTAL INCOME THROUGH MONTH-END

  • Unit 1: $3,000/month
  • Unit 2: $2,600/month
  • 2024 REPORTED RENTAL PERFORMANCE
  • $97,000 Gross Revenue
  • Unit 1: ~$49,000
  • Unit 2: ~$48,000

10.6%-11.0% Potential Cap Rate(Based on reported rental performance and current property expenses.)

2025 was a transition year with personal use, STR activity, and a long-term lease in place.

Perfect for investors, STR operators, house hackers, or anyone looking to get into the Panama City Beach short-term rental market!

SEND OFFERS OR REQUESTS HERE

Property snapshot

Layout4 Bed / 2 Bath
Living area1,620 sq ft
Lot size5,489 sq ft
Year built1999
Property typeMulti-Family
CountyBay County

Deal details

Asking price$560,000
ARV estimate$600,000
Spread (ARV − asking)$40,000
Brought to you by
M
Ms. Meriam Aberri
Miami Off-Market Deals
+1 (305) 762-9521office.royal.investments@gmail.com1 Alhambra Plaza, Penthouse Floor, Coral Gables, FL 33134

Request the deal package — comps, seller walkthrough and terms, sent to verified buyers usually within the hour.

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Off-market comps, the seller walkthrough packet, rent roll and terms — sent to verified buyers, usually within the hour.

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The numbers

Asking
$560K
ARV est.
$600K
Spread
$40K
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M
Ms. Meriam
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