640 W Caladium CIR #C Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32413
Key Details
Property Type Townhouse
Sub Type Attached
Listing Status Active
Purchase Type For Sale
Square Footage 1,088 sqft
Price per Sqft $321
Subdivision Open Sands
MLS Listing ID 758612
Bedrooms 2
Full Baths 1
Half Baths 1
Year Built 1982
Annual Tax Amount $2,708
Tax Year 2023
Property Description
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. The quaint wood fence ensures privacy, while the practical driveway and walkway enhance curb appeal.Imagine living just 700 feet away from the ocean, where you can hop on your golf cart and explore the vibrant Panama City Beach area. Whether you're looking for a lucrative investment or a delightful first home, this property offers the best of both worlds.Seize this opportunity to own a piece of paradise. Contact us today to schedule a viewing and make this beachside gem yours!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Exterior
Exterior Feature Balcony,Patio
Garage Driveway
Fence Fenced,Privacy
Community Features Short Term Rental Allowed
Utilities Available Water Available
Waterfront No
Building
Dwelling Type Townhouse
Schools
Elementary Schools Hutchison Beach
Middle Schools Surfside
High Schools Arnold
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition Listed As-Is