5802 Beach Dr Panama City, FL 32408
Turn-Key Short-Term Rental Fully Furnished and Stocked with Cleaning and Maintenance Crews In Place
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Characteristics
Beds: 2
Bath: 3
SqFt: 1,158
Lot Size: 2,962
Year Built: 2000
APN: 31879-030-00 -
Condition
Stunning turn-key short-tem rental just blocks to the beach.
As a part-time rental it consistently generates $60,000+ in rental revenue each year (not including cleaning fees). Property has many repeat guests.
Home was recently renovated and designed to be managed remotely (seller lives in Colorado).
For list of renovations click here. Home comes with all furnishings, electronics/TVs, linens, fully stocked kitchen, decor, everything. All furnishings were purchased in the last 24 months.
Smart home features include automated STR controlled access system, smart termostat, lights and Ring cameras.
Exceptional cleaning and maintenance crews for the last two years are in place for buyer.
Seller is offering training to run the STR from Colorado or any other state.
Health issues are focing the sale of this great property.
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Numbers & Dates
Numbers
HOA: No
Taxes: $2,854 (2023)
Rental Income: Currently a PT Rental Generating $60,000+, 16.2+ CAP
Repairs: $0
ARV: $425,000
Asking: $370,000
Dates
Investor Inspection: By Appointment Only
Closing: 9/5
Possession: 9/5Contact
Amy McCraken
AMcCraken@JoeHomeBuyer.com
303-478-7895*HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.
*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.