Active

103 DeLuna Place

Panama City Beach FL, 32413

$6,675,000


$537.40 per sqft

Active

20 Beds

25 Baths

12,421 sqft

Town House

Built in 2023

Unlock a golden investment opportunity with this exclusive townhome development in the heart of Panama City Beach, Florida! Introducing a five-unit project that not only offers the allure of coastal living but also promises lucrative returns on your investment. Current projections are pushing up to 700k in potential rental revenue.

Each townhome boasts 4 bedrooms and 4 bathrooms, providing spacious and luxurious accommodation for residents and guests alike. The open floor plan seamlessly connects living, dining, and kitchen areas, creating an inviting space perfect for both relaxation and entertainment.

Embrace the allure of gulf views that grace each residence, offering a visual feast of the breathtaking surroundings. High-end GE Monogram appliances adorn the kitchens, elevating the culinary experience for residents and ensuring the appeal for potential renters. Current gross projections are

Solid core doors and vertical concrete construction add a touch of sophistication and privacy throughout, creating a sense of exclusivity in each unit. The heated community pool becomes a year-round attraction, enhancing the overall appeal for tenants seeking a resort-like experience.

For those with an eye on investment, the entire project offers an excellent opportunity for rental income. Strategically located across the street from the beach, these townhomes are poised to attract vacationers and long-term renters alike. Rental projections currently show this development could push up to $700,000 in potential rental revenue.

Parking is a breeze with a two-car garage for each unit, providing convenience for residents and adding to the property's overall desirability. Elevate the appeal further by offering the option for an elevator, ensuring accessibility for all potential tenants.

Seize the chance to own not just a single property but an entire investment project in one of Florida's most sought-after locations. With proximity to the beach, upscale amenities, and a focus on maximizing rental potential, these townhomes present a compelling investment package. Don't miss out on securing your stake in this coastal gem - schedule a comprehensive tour today and witness the potential returns awaiting you in this prime Panama City Beach development!

937525

MLS ID

May 9, 2024

Updated

Map

103 DeLuna Place
Panama City Beach FL, 32413

Interior Features

Bedrooms

20


Total Bathrooms

25


Full Bathrooms

20


Half Bathrooms

5


Interior Features

Stall Shower


Appliances

Refrigerator, Microwave, Dishwasher, Range / Oven, Garbage Disposal


Fireplace

No


Cooling

Yes


Cooling Description

Central A/C - Electric, Central A/C, A/C


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres


Exterior Features

Double Pane / Storm Windows, Sprinkler System, EIFS, Underground Lawn Sprinkler, Wood Frame, Storm window, Balcony / Lanai, Deck, Concrete Block, Patio


Architectual Style

Contemporary


Sewer

Central

Other Property Details

Garage

Yes


Garage Spaces

2


Parking Total

20


View

No


County

Bay County


Water Source

Central


Pool

No

Listing History

Date

Event

Price

4/10/2024

Price Change

$6,675,000

-7%

 

Courtesy of Blake Jones

Based on information from DASH - Sotheby's International Realty (SIR) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2024 DASH - Sotheby's International Realty (SIR). All rights reserved. 

Data last updated 10:48 AM UTC, 5/9/2024

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