640 W Caladium Cir, Panama City Beach, FL 32413

Discover your ideal investment or first home with this charming townhome just one block from the stunning beaches of Panama City Beach. This property is a proven rental powerhouse, generating $56,000 annually with an impressive 15% return on investment. With no HOA fees and eligibility for FHA loans, it offers exceptional value and flexibility.This two-story townhome features 2 cozy bedrooms and 1.5 bathrooms across 1,327 sq. ft., with 1,088 sq. ft. of heated living space. A few updates include, new roof in 2020, HVAC updated in 2024, and freshly painted exterior. The interior boasts modern stainless steel appliances, granite countertops, travertine back splash, track light fixtures, tile flooring and vinyl plank flooring.