7005 S Lagoon Drive, Panama City Beach, FL 32408

$425,000
3
BD
2
BA

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List Price
$425,000
MLS#
791330
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Lot Size
6,098
Neighborhood
Beach - South of Grand Lagoon

Property Description

Welcome to The Flip Flop House, a proven vacation rental opportunity just minutes from the sugar-white sands of Panama City Beach. Offered fully furnished and already established as an Airbnb ''Guest Favorite,'' this turnkey property is ready to start generating income from day one. Featuring 3 bedrooms and 2 bathrooms, this beautifully updated beach retreat combines coastal charm with smart investment appeal. Guests love the prime location that is nestled in a quiet neighborhood with no HOA restrictions, yet within walking distance of public beach access (Richard Selzer Park), and just minutes from St. Andrews State Park, waterfront dining, shopping, and local attractions. Inside, you'll find a bright and inviting interior with coastal-inspired finishes, spacious bedrooms, and a thoughtfully renovated kitchen showcasing granite countertops, white shaker cabinetry, custom tile backsplash, and upgraded stainless steel appliances. Luxury vinyl plank flooring runs throughout the home, providing durability and easy maintenance ideal for short-term rental use. Enjoy tranquil views of Grand Lagoon from the property, adding to the relaxed coastal atmosphere guests seek. Recent improvements include updated bathrooms, impact-resistant vinyl windows, a metal roof installed in 2022, and dual water heaters for added guest comfort. Outside, the large backyard offers plenty of space for entertaining, grilling, and relaxing under the covered patio. Boat owners will appreciate the on-site boat parking and the public boat ramp located just two blocks away, making it easy to enjoy fishing, boating, and waterfront adventures. Whether you're looking to expand your investment portfolio, secure a vacation getaway, or own a beach home with strong rental potential, The Flip Flop House delivers location, updates, and income-producing opportunity all in one package.

Additional Information

Acres
0.14
Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
Exterior Features
Patio
High School
Arnold
Interior Features
Main Level Primary, Shower Only
Lot Dimensions
55.0 ft x 117.0 ft
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Short Term Rental Allowed
Stories
1
Subdivision
Holiday Beach Unit 13
Utilities
Electricity Available
Year Built
1978
Zoning
Resid Single Family

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Success Realty.