204 3rd St, Panama City Beach, FL 32413

Producing over $90K in actual gross rental income for 2024, 204 Third Street is a highly unique investment property located only 8 minutes from 30A. 204 Third Street offers 3 separate income-producing beach homes on an oversized lot near the beach. The three homes have a proven rental history, generating over $83,000 in gross rental income for 2023. And the homes have low expenses. The property conveys fully-furnished and with strong rental bookings in place for 2025. All three homes have been beautifully renovated and come with new metal roofs and new hot water heaters. The value of this oversized lot is tremendous being located on a dead-end street & positioned by a private beach access. Rental income history, rental income projections & estimated expenses are available by request. Schedule a tour today!