$509,900
- Beds
- 3
- Baths
- 2.0
- sq ft
- 2,462
3923 Ocean View Dr, Panama City, FL 32408
3923 Ocean View Dr
Panama City, FL 32408
- 128 days on market
- Price drop $15,000↓
Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!
Details
Property type
Single Family Residence
Lot size
6,926 sq ft
Price per sq ft
$208
Year built
1975
Annual property taxes
$3,439
HOA
No
Price History
11/15/2024
CentralPanhandle #760055
Price change
$509,900
-2.86%
08/08/2024
CentralPanhandle #760055
Price change
$524,900
-4.55%
07/17/2024
CentralPanhandle #760055
Listed
$549,900
Schools & Community
Neighborhood:
Lower Grand Lagoon
Elementary school:
Patronis
Middle school:
Surfside
High school:
Arnold
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Status: Active
Tomo last checked: 11/22/2024 at 11:35 PM
Listing updated: 11/15/2024 at 7:30 AM
Listed by: Zack Seltzer, Seltzer Real Estate, LLC Phone #: (850) 235-0578
MLS: CentralPanhandle #760055
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