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2712 Banyan Street

Panama City Beach, FL 32408

3 beds
2 baths
2,384 sqft
7,840 sqft lot
$230 per sqft
1985 build
– on site

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Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests. Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors. Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. The seller is offering a generous $5,000 allowance to assist in updating and transforming this unit into a stunning living space, matching the elegance of Unit B. Imagine the potential returns once both units are optimized to their fullest potential! Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property. Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!

Listing courtesy of ECARMLS / Counts Real Estate Group Inc

Last checked: Checking… • Last updated Oct 30, 2024 •

MLS# 943453 —

The Building

Year Built:

1985
Architectural Style:

Duplex
Direction Faces:

None
Construction Materials:

Siding CmntFbrHrdBrd
Foundation Details:

None
Basement:

None
Exterior Features:

Fenced Back Yard, Porch
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Levels:

None
Stories:

1
Building Area Total:

2384.0
Building Area Source:

County PA Records

Interior

Rooms Total:

5
Interior Features:

Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Cathedral, Lighting Recessed
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Location

Directions:

Turn on Daniel Street from Thomas Drive, then Right on Banyan off N. Lagoon

The Property

Parcel Number:

31075-000-000
Property Type:

Residential
Property Subtype:

Attached Single Unit
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Acres:

0.18
Lot Size Area:

0.18
Lot Size Dimensions:

75x100
Lot Size SqFt:

7840.8
Lot Size Units:

Acres
Zoning:

Resid Multi-Family
Possible Use:

None
Topography:

None
Waterfront:

No
Water Body Name:

None
Road Frontage Type:

County Road

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

2175.0
Tax Legal Description:

TREASURE COVE LOT 1 BLK 14 ORB 4049 P 968

Beds

Bedrooms Total:

3

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Partial Baths:

None
Bathrooms Three Quarter:

None
Quarter Baths:

None

The Listing

Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electric, Phone, Public Sewer, Public Water
Electric:

None
Sewer:

None

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Refrigerator, Stove/Oven Electric, Washer

Schools

Elementary School:

Patronis
Middle Or Junior School:

Surfside
High School:

Arnold
Elementary School District:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

TREASURE COVE
Senior Community:

No
Pool Private:

None
Spa Features:

None
Pets Allowed:

None
Association:

No
Association Amenities:

None
Association Fee:

None

Parking

Carport:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$213/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
7/29/24 Jul 29, 2024	Sold	ECARMLS	$550,000	-6.6%
6/27/24 Jun 27, 2024	Pending	ECARMLS	$589,000
5/23/24 May 23, 2024	Price Changed	ECARMLS	$589,000	-1.7%

Townhouse Sold on 7/29/2024

$550,000

Listing provided by broker:

Bubba McCants

Counts Real Estate Group Inc

Newest listings in Upper Grand Lagoon, FL

Similar sold homes

Listing Courtesy of: ECARMLS and Counts Real Estate Group Inc.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

2712 Banyan Street

Panama City Beach, FL 32408