204 3rd Street

Panama City Beach, FL 32413

$749,000
Price
5
Beds
4
Baths
2,276 Sq. Ft.
$329 / Sq. Ft.
2,276
Sq. Ft.
$329
per Sq. Ft.

Description

Producing over $91,000 in actual rental income this year, 204 Third Street is a premier investment property located only 8 minutes from Rosemary Beach. This is a rare opportunity to own 3 separate income-producing beach homes on 1 oversized 50x140 lot near the beach. The 3 homes generated over $83,000 in rental income last year and come with low operating expenses positioned in a neighborhood with a voluntary $500 POA fee to maintain the private beach access gate. These homes will be sold fully-furnished...Producing over $91,000 in actual rental income this year, 204 Third Street is a premier investment property located only 8 minutes from Rosemary Beach. This is a rare opportunity to own 3 separate income-producing beach homes on 1 oversized 50x140 lot near the beach. The 3 homes generated over $83,000 in rental income last year and come with low operating expenses positioned in a neighborhood with a voluntary $500 POA fee to maintain the private beach access gate. These homes will be sold 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.
  1. Listed by The Dixon Team • 30A Homes Sales

Property Details for 204 3rd Street

Subdivision
SUNNYSIDE PLAT
MLS Sub Area
2724 - Beach - West Central
Zoning
Resid Single Family
LISTING UPDATED: 12/23/2024 04:09 PM

Property Details for 204 3rd Street

StatusActive
MLS #965177
Days on Market2
Taxes-
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family
Year Built1997
Lot Size-
CountyBay County

Building Information for 204 3rd Street

Stories1Year Built1997Building Size-Lot Size-

Property Information for 204 3rd Street

Summary
Location and General Information
  • Absolute Longitude: 85.947158
  • Directions: Heading north on Third Street, the home will be on the right.
  • Longitude: -85.947158
  • Latitude: 30.251328
Taxes and HOA Information
  • Assessment Fees: Yes
  • Assessment Paid: Annually
  • Fees Include: Ground Keeping
  • Assessment Amount: $500
School Information
  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle School: Surfside
Utilities
  • Utilities: Electric,Gas - Natural,Public Water,Septic Tank,Sewer Available
Parking
  • Garage YN: No
Property
Parking
  • Carport YN: No
Lot Information
  • Stories: 1.00
  • Area: 27 - Bay County
  • Building Design: Beach House
  • Lot Dimensions: 50x140
Property and Assessments
  • Project Facilities: Beach,Short Term Rental - Allowed
  • Property Type: Residential
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Pool Type: None
Interior Features
  • Energy: AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
  • Interior: Furnished - All, Renovated
Room Information
Room Information
  • Living Room: First
  • Master Bedroom: First
  • Rooms: Family Room,Full Bathroom,Kitchen,Living Room,Master Bedroom,Screened Porch
Bathroom
  • Full Bathroom: First
Kitchen
  • Kitchen: First
Room 1
  • Dimensions: 10 x 10
  • Length: 10.0
  • Width: 10.0
  • Level: 1
  • Area: 100.0
Room 2
  • Dimensions: 21 x 15
  • Length: 21.0
  • Width: 15.0
  • Level: 1
  • Area: 315.0
Room 3
  • Dimensions: 20 x 10
  • Length: 20.0
  • Width: 10.0
  • Level: 1
  • Area: 200.0
Room 4
  • Dimensions: 18 x 10
  • Length: 18.0
  • Width: 10.0
  • Level: 1
  • Area: 180.0
Room 5
  • Dimensions: 12 x 16
  • Length: 12.0
  • Width: 16.0
  • Level: 1
  • Area: 192.0
Room 6
  • Dimensions: 8 x 6
  • Length: 8.0
  • Width: 6.0
  • Level: 1
  • Area: 48.0
Room 7
  • Dimensions: 8 x 6
  • Length: 8.0
  • Width: 6.0
  • Level: 1
  • Area: 48.0
Rental
Rental Information
  • Is Subject Leased: No

Property History for 204 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 204 3rd Street

Taxable ValueLand$371,875Additions$194,071Total$565,946
Tax Record2023$6,685 ($557 / month)
Home Facts
Beds2Total Finished SqFt672 SqFtAbove Grade Finished SqFt672 SqFtStories1Lot Size6,970 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1990CountyBAYAPN36500-000-000Fireplace TypeHas Fireplace

Schools near 204 3rd Street

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.

Similar Homes

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Similar Sold Homes

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204 3rd Street is a single family home for sale in Panama City Beach, FL 32413. This property was listed for sale on December 23, 2024 by 30A Homes Sales, it's currently listed at $749,000. It has been on the market for a total of 2 days and was last sold on November 5, 2021. This listing's school district is Bay. Nearby schools include West Bay Elementary School, Surfside Middle School and J.R. Arnold High School. 204 3rd Street is a 5-bed, 4-bath, 2,276 sqft single family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 30A Homes Sales

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.