Bungalow

423 Kelly Street

Panama City Beach, FL 32413

MLS#: 788212

$499,999

Status: Active

Listing number: 788212

Listing provided by: Luxe Coastal Realty Group LLC

Listing agent phone: None

Last update: 10 days ago

On site: 2 months ago

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Property

Beds

Full Baths

1/2 Baths

None

Year Built

1983

Sq.Footage

1,200

Back on the market--no fault of the seller--offering a second chance to secure this incredible beach investment opportunity. Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short-term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around often--especially at this price point.

Features & Amenities

Interior

Total Bedrooms

3
Bathrooms

2
Pet friendly

N/A

Exterior

Garage

No
Pool

No
Waterfront YN

NO

Area & Lot

Lot Size(acres)

0.13
Lot Size(square feet)

5663.0
Property Type

Residential
Property Sub Type

SingleFamilyResidence
Architectural Style

Bungalow

Price

Sales Price

$499,999
Tax Amount

$4,388
Sq. Footage

1, 200
Price/SqFt

$416

HOA

Association

No

School District

Elementary School

West Bay
Middle School

Surfside
High School

Arnold

Property Features

New Construction

NO

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Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Marcy L O'Donnell , Luxe Coastal Realty Group LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Realtor

Megan Rhinerson

Call Megan today to schedule a private showing.

(850) 326-7294

megan@coastalvibeslux.com

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Back on the market--no fault of the seller--offering a second chance to secure this incredible beach investment opportunity. Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short-term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around often--especially at this price point.

423 Kelly Street

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Bungalow

Features & Amenities

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Exterior

Area & Lot

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HOA

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Property Features

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Listing Courtesy of Marcy L O'Donnell , Luxe Coastal Realty Group LLC

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