127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
127 16th Street
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$1,585,000

127 16th Street

9 Beds 7 Baths 2,993 Sq.Ft.

Description

Don't miss out on this incredible investment opportunity to own a fully renovated 9-bedroom home in a prime location just a block from the beach in Laguna Beach. With projected rental income of $180k - $230k, this property offers the potential for a significant return on investment. This was previously a duplex and brought down to the studs for a full transformation. Completely renovated in 2023 and now one home, everything is BRAND NEW including new windows, electric, plumbing, paint, AC & hot water heater, as well as amazing finishes throughout. Roof is also new 2020/21 and back half replaced 2023. The bright colors & unique tile selections set this home apart. Being sold fully furnished & decorated, this is the perfect turn key beach house for those looking for an ideal investment! The attention to detail and high-quality finishes throughout the home make it a standout property. The kitchen features a Quartz island & stainless steel appliances, attractive backsplash and beautiful open shelving and flows nicely to the living & dining area. The open concept layout, dual living areas and colorful furniture & decor create a bright and airy feel. The exterior of the home has also been updated with new hardie-board siding, metal roof and landscaping to create an attractive curb appeal for this Florida cottage. The renovation not only makes the home move-in ready, but it also offers peace of mind for years to come. The new construction ensures that the home is up to current building codes and likely will require minimal maintenance. The property sits on a larger lot, providing plenty of parking and outdoor space for entertaining or relaxation. There is a great front porch for outdoor dining or to great guests, grill included and room for a pool or hot tub which will increase rental potential. With its desirable location on the west end of Panama City Beach and modern amenities, this turn-key home is sure to impress. You are just a block from two beach accesses and the beautiful Gulf of Mexico, only 5 miles from Pier Park Shopping Mall, 6 miles to Scenic 30A and 15 miles from Northwest Florida Beaches International Airport.

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Location

127 16th Street, Panama City Beach, FL 32413

Status

For Sale

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
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Thank you for your interest in 127 16th Street, Panama City Beach, FL 32413. We are reviewing your request and will be in touch shortly!

Property Amenities

Interior
Appliances Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/Ice Mk, Smoke Detector, Stove/Oven Electric, Washer
Total Bedrooms: 9
Half Bathrooms: 1
Full Bathrooms: 6
Other Interior Features Breakfast Bar, Floor Tile, Floor Vinyl, Furnished - All, Guest Quarters, Kitchen Island, Lighting Recessed, Newly Painted, Owner s Closet, Renovated, Wallpaper, Washer/Dryer Hookup, Window Treatment All
Area & Lot
Lot Area 9,147.6 Sq.Ft.
Living area 2,993 Sq.Ft.
MLS® ID 930881
Year Built 1973
High School Arnold
Middle School Surfside
Elementary School West Bay
Architecture Styles Beach House
Type Residential
Status For Sale
Exterior
Stories 1
Air conditioning Ceiling Fan(s), Central Air
Heat type Central
Other Exterior Features BBQ Pit/Grill, Patio Covered, Renovated
Lot Features Corner, Within 1/2 Mile to Water
Utilities Electric, Public Sewer, Public Water, TV Cable
Finance
Sales Price $1,585,000
Real Estate Tax $4,875 yearly

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