501 Albatross Street, Panama City Beach, FL 32413

$2,100,000
8
BD
8
BA
4,292
SqFt
Sold Price
$2,100,000
List Price
$2,400,000
Closing Date
Feb 23, 2023
MLS#
729361
Status
CLOSED
Type
Single Family Residential
Subtype
Detached
Bedrooms
8
Bathrooms
8
Living Area
4,292
Lot Size
8,973
Neighborhood
Beach - Middle Central

Property Description

UNDER CONTRACT.SELLER ACCEPTING BACKUP OFFERS Looking for a Luxury Vacation Home that's Income Producing? Welcome to your stunning, three-story, 8 Bed/ 7.5 Bath luxury beach home with gorgeous views of the Gulf of Mexico. Indoor and outdoor living collide gracefully in the main living area, which features glass sliding doors that open up to the private pool/spa, outdoor shower, and fenced-in backyard. Located in the quiet beach community of Bid-A-Wee Beach, in the heart of Panama City Beach, Florida, you'll have PRIVATE, GATED BEACH ACCESS down the street. This luxury beach home is ready to cash flow. This luxury beach home sleeps up to 22 guests, with vacation rental income projections estimated at $250K- $260K annually.

Additional Information

Acres
0.21
Appliances
Dryer, Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Elementary School
Hutchison Beach
Exterior Features
Balcony, Deck, Fence, OutdoorLivingArea, Outdoor Shower, Pool, Porch, Rain Gutters
High School
Arnold
Interior Features
Breakfast Bar, High Ceilings, Kitchen Island, Pantry, PanelingWainscoting, Recessed Lighting, SplitBedrooms, Natural Woodwork
Lot Dimensions
60x150
Lot Features
Cleared, Corner Lot, Other, See Remarks
Middle School
Surfside
Neighborhood
Beach - Middle Central
Project Facilities
Beach, Other, SeeRemarks, ShortTermRentalAllowed
Subdivision
Bid A Wee
Utilities
Sewer Available, Water Available
Waterview
Gulf, Other
Year Built
2023
Zoning
City

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC. Selling Office: NON-MEMBER OFFICE.