$1,500,000
- Beds
- 6
- Baths
- 6.0
- sq ft
- 3,236
2832 Susan Ave, Panama City, FL 32408
2832 Susan Ave
Panama City Beach, FL 32408
- 48 days on market
30% RETURN ON INVESTMENT!! Projected rental income at $252K yr! Welcome to your dream investment opportunity--a thoughtfully designed 6-bedroom, 4-bathroom fully furnished duplex offering unparalleled versatility. With an interior door connecting both units, you have the option to rent them separately as 3-bed, 2-bath units or combine them into a spacious 6-bed, 4-bath home. This multi-use setup allows for three potential Airbnb listings, in addition to a separate poolside studio featuring a loft king bed, full bathroom, and its own exterior access. Perfectly situated in a serene and private location with no HOA, this property offers the rare blend of luxury, functionality, and income-generating potential. The outdoor amenities are equally impressive. Enjoy the in-ground heated and chilled complete with an outdoor shower and an additional bathroom for exterior guests' convenience. The resort-style backyard includes a refrigerator, sink, fans, dining area, gas firepit seating, beautiful string lights, and lounge chairs around the poolcreating an ideal space for relaxation and entertainment. The property also features a dedicated RV parking pad with electric and water hookups, ample parking for water sports toys, and a low-maintenance design, making it perfect for hosting large groups and multi-family gatherings. Located just 1/2 mile from the water, you'll be minutes away from white sandy beaches, marinas, and popular dining destinations. With PCB's limited inventory of large properties, this rare gem stands out, especially at such an attractive price point. Crafted by an experienced local builder and AirBnB Superhost, this property ensures no guest comfort is overlooked. The duplex features high-end, modern construction with XL trim, beautifully decorated, Probolt hurricane protection, and foam insulation for durability. Additional insulation within firewall interior walls provides excellent sound deflection, while impact windows, high ceilings, and oversized closets accommodate large groups and their luggage. The kitchens are equipped with high-end appliances and spacious center islands, perfect for entertaining. Practical details include separate electric meters for each side of the duplex, city sewer, shared water meter, irrigation, and an in-place termite bond. The property is located in Flood Zone X, meaning no flood insurance is required. Exciting new developments are coming to Panama City Beach! With popular venues like Top Golf, Tootsie's Orchid Lounge, and Dolly Parton's Pirates of the Caribbean attraction on the horizon, it's clear that big industries are investing heavily in this area. This influx of high-profile entertainment options signals significant growth and development for Panama City Beach, showing confidence in its future as a thriving hub for tourism and local business. These attractions not only promise to draw more visitors but also reflect the growing appeal and economic potential of the area. The investments being made highlight that Panama City Beach is on the rise as a major entertainment destination. Don't miss this opportunity to own a luxury retreat in one of the most desirable areas, complete with every amenity your guests could dream of!
Details
Property type
Single Family Residence
Lot size
0.25 acres
Price per sq ft
$464
Year built
2023
Price History
10/05/2024
EmeraldCoast #960549
Listed
$1,500,000
Schools & Community
Neighborhood:Â
Upper Grand Lagoon
Elementary school:Â
Patronis
Middle school:Â
Surfside
High school:Â
Arnold
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Status: Active
Tomo last checked: 11/22/2024 at 11:00 PM
Listing updated: 11/14/2024 at 12:17 PM
Listed by: Beth L Mulvey, Beth L Mulvey, Beach House Sales and Development Phone #:Â (256) 566-5482
MLS: EmeraldCoast #960549
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