Incredible opportunity to own a newer construction duplex just across from the white sands of Panama City Beach. Built in 2017 and fully furnished, this property features two identical units, each offering 5 bedrooms, 3 full bathrooms, open-concept living and dining areas, and modern kitchens with granite countertops and stainless steel appliances. Each unit includes a first-floor bedroom, an upstairs master suite with private Gulf-view balcony, a bunk room, and two additional guest rooms. Durable luxury vinyl plank flooring throughout and a light, coastal design make this an ideal vacation home or rental. Enjoy water views from your balcony and relax under the patio in the back yard. Private driveways provide ample parking, and the beach is just a short walk across the street via a public access point. Whether you're looking for a high-performing short-term rental, a multi-family beach getaway, or a live-in-one, rent-the-other setup, this turnkey duplex is ready to go. Rental projections of both units combined are $286, 000+ per year!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Interior Features
- BreakfastBar
- KitchenIsland
- Pantry
Appliances
- Dryer
- Dishwasher
- ElectricCooktop
- ElectricOven
- Freezer
- GasWaterHeater
- Microwave
- Refrigerator
- Washer
Other Rooms
- Bedroom, Den, DiningRoom, Kitchen, LivingRoom, PrimaryBedroom
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony, Covered, Patio
- Road Frontage Type: Highway
- Road Surface Type: Paved
Land Info
- Lot Size Acres: 0.1300046
- Lot Size Dimensions: 110x50
- Lot Size Square Feet: 5663
Garage and Parking
- Parking Features: Driveway
Home Features
- View: Gulf
- Security Features: SmokeDetectors
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle School: Surfside
Homeowners Association
- Calculated Total Monthly Association Fees: 0
Amenities and Community Features
- Community Features: ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 6558
- Source Listing Status: Active
- County: Bay
- Directions: From Navy Blvd turn right onto Thomas Dr. The homes will be on your right.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: townhouse
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: No Named Subdivision
- Parcel Number: 30889-000-000
- Postal City: Panama City
- Property Location: Within 1/2 Mile to Water
- Subdivision: No Named Subdivision
- Zoning Description: Commercial, Resid Multi-Family
- Property Subtype: Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 4480
- Year Built: 2017
- Foundation Details: Slab
- Living Area Source: Appraiser
- Property Age: 8
- Building Total Stories: 2
- Structure Type: Duplex
- Architectural Style: Duplex