Architecture
- Year Built: 1988
- Stories: 2
- Project Facilities: Beach, Clubhouse, Golf, Gated, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s)
- Construction:
Interior Features
- Square Footage: 1436
- Appliances: Dryer, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator, Washer
- Interior Features: Breakfast Bar, Storage, Window Treatments, Plank, Tile, Vinyl, Washer Hookup, Dryer Hookup
Property Features
- Lot Access: Freeway
- Waterfront: N/A
- Waterview: Pond
- Parking: Additional Parking, Assigned, Parking Lot
- Utilities: Electricity Available, High Speed Internet Available, Sewer Available, Water Available
- Zoning:
Community
- HOA Includes:Clubhouse, Maintenance Grounds, Other, Pest Control, Pool(s), Recreation Facilities, See Remarks, Tennis Courts, Trash
- HOA FEE:948.82
- HOA Payable:Quarterly
- Elementary: Hutchison Beach
- Middle: Surfside
- High: Arnold
Panama City Beach, FL 32407
1,436
Sq Ft
3
Beds
2/1
Baths
427 W Oak Ave, Panama City, FL 32401
850-763-4459
START EARNING INVESTMENT INCOME in just a few weeks with this TURN-KEY, FULLY FURNISHED property just 60 STEPS from the nearest pool! As a highly desirable 3-bedroom, 2.5-bathroom (plus a BONUS ROOM) END UNIT, 129 Linda Marie Lane is primed for substantial rental income. The property measures 1,436 sq ft according to its last appraisal and features a new (2023) HVAC unit. Seize the opportunity to convert this exceptional property into an income-generating short term rental before year-end and you may qualify for an impressive 80% BONUS DEPRECIATION (consult your CPA for personalized advice). The kitchen features a Frigidaire refrigerator, dishwasher, and 5-burner gas stove. The GE washer and Kenmore dryer both convey with the sale as do the microwave and Mr. Coffee coffee maker, all utensils, pots, pans, and beach gear. There is LVP flooring in all three bedrooms hall, and stairs and tile in both full baths. PROPERTY HIGHLIGHTS INCLUDE--END-UNIT ADVANTAGE: This property enjoys added light, privacy, and a larger livable footprint due to its enclosed patio and balcony. The 18' x 7' patio give a terrific view of the community amenities while also offering private entertaining space. SPACIOUS LAYOUT: The open-concept living/dining/ kitchen gives ample room for relaxation. INCOME POTENTIAL: Positioned in the heart of Panama City Beach at the very popular Gulf Highlands townhome community, this property is estimated to yield a gross rental income of $45,000 - $50,000 annually, making it a lucrative investment (estimated to bring more than 10% of its purchase price in gross rental income). ACCESSIBLE FUN: The Gulf Highlands mini-golf course is conveniently located just outside your back door, providing endless entertainment for guests and family. RESORT-LIKE AMENITIES: Access one of the community's ELEVEN SWIMMING POOLS just five doors away, providing a resort-style experience for your guests. COMMUNITY PERKS: Tennis, shuffleboard, and pickleball round out the community attractions. There's even a community room located next to the BEACHFRONT SWIMMING POOL. PRIME LOCATION: Panama City Beach offers an array of amenities and nearby attractions to ensure a memorable stay for guests. Guests will appreciate the proximity to the local water park, trampoline jump, arcade, bowling alley, skating rink, and of course THE BEACH, easily accessible from Front Beach Road, Hutchinson Blvd., and Hwy 98. INVESTOR'S DREAM: Whether you're a seasoned investor or new to the short-term rental market, this property promises an attractive return on investment and an opportunity to build wealth through real estate. Act promptly to secure your piece of paradise and embark on a lucrative short-term rental venture. Contact your favorite investment-savvy agent today for more details and to schedule a viewing.
Listing provided courtesy of EXP Realty LLC
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Current Data as of Fri Sep 29 17:31:34 CDT 2023