117 Rose Lane
$1,290,000
6
4
1
2,344
2,344
$550
Description
Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $106k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition,...Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $106k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists. Located just half a block from Laguna Beach, one of the most private public beaches in the U. S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach. The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024)The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment. With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market.
- Listed by Kelly Flanagan • Keller Williams Success Realty
Property Details for 117 Rose Lane
Architectural Style
Coastal
WaterfrontNo
Parking FeaturesDriveway, Oversized
Subdivision NameLaguna Beach Estates 1st Add
Zoning DescriptionResid Single Family
LISTING UPDATED: 01/03/2025 09:55 PM
Property Details for 117 Rose Lane
Status | Active |
---|---|
MLS # | 766542 |
Days on Market | 19 |
Taxes | $9,571 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Detached / Detached |
Year Built | 1950 |
Lot Size | 0.21 AC / 9,147 SF |
County | Bay County |
Building Information for 117 Rose Lane
Stories-Year Built1950Building Size-Lot Size0.21 AC / 9,147 SF
Property Information for 117 Rose Lane
Property History for 117 Rose Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 117 Rose Lane
Taxable ValueLand$330,450Additions$478,386Total$808,836
Tax Record2024$9,980 ($832 / month)
Home Facts
Beds5Total Finished SqFt2,344 SqFtAbove Grade Finished SqFt2,344 SqFtStories2Lot Size8,973 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated2020ZoningBC22CountyBAYAPN36644-000-000Fireplace TypeHas Fireplace
Schools near 117 Rose Lane
This home is within Bay.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 3 |
Rating | School | Distance |
---|---|---|
West Bay Elementary School PublicK to 5 | ||
Surfside Middle School Public6 to 8 | ||
J.R. Arnold High School Public9 to 12 | ||
A. Gary Walsingham Academy PublicPK to 3 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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