2832 Susan Avenue
Panama City Beach, FL 32408
- 6 beds
- 6 baths
- 3,236 sqft
- 10,890 sqft lot
- $463 per sqft
- 2023 build
- – on site
30% RETURN ON INVESTMENT!! Projected rental income at $252K yr! Welcome to your dream investment opportunity—a thoughtfully designed 6-bedroom, 4-bathroom fully furnished duplex offering unparalleled versatility. With an interior door connecting both units, you have the option to rent them separately as 3-bed, 2-bath units or combine them into a spacious 6-bed, 4-bath home. This multi-use setup allows for three potential Airbnb listings, in addition to a separate poolside studio featuring a loft king bed, full bathroom, and its own exterior access. Perfectly situated in a serene and private location with no HOA, this property offers the rare blend of luxury, functionality, and income-generating potential. The outdoor amenities are equally impressive. Enjoy the in-ground heated and chilled complete with an outdoor shower and an additional bathroom for exterior guests' convenience. The resort-style backyard includes a refrigerator, sink, fans, dining area, gas firepit seating, beautiful string lights, and lounge chairs around the poolcreating an ideal space for relaxation and entertainment. The property also features a dedicated RV parking pad with electric and water hookups, ample parking for water sports toys, and a low-maintenance design, making it perfect for hosting large groups and multi-family gatherings. Located just 1/2 mile from the water, you'll be minutes away from white sandy beaches, marinas, and popular dining destinations. With PCB's limited inventory of large properties, this rare gem stands out, especially at such an attractive price point. Crafted by an experienced local builder and AirBnB Superhost, this property ensures no guest comfort is overlooked. The duplex features high-end, modern construction with XL trim, beautifully decorated, Probolt hurricane protection, and foam insulation for durability. Additional insulation within firewall interior walls provides excellent sound deflection, while impact windows, high ceilings, and oversized closets accommodate large groups and their luggage. The kitchens are equipped with high-end appliances and spacious center islands, perfect for entertaining. Practical details include separate electric meters for each side of the duplex, city sewer, shared water meter, irrigation, and an in-place termite bond. The property is located in Flood Zone X, meaning no flood insurance is required. Exciting new developments are coming to Panama City Beach! With popular venues like Top Golf, Tootsie's Orchid Lounge, and Dolly Parton's Pirates of the Caribbean attraction on the horizon, it's clear that big industries are investing heavily in this area. This influx of high-profile entertainment options signals significant growth and development for Panama City Beach, showing confidence in its future as a thriving hub for tourism and local business. These attractions not only promise to draw more visitors but also reflect the growing appeal and economic potential of the area. The investments being made highlight that Panama City Beach is on the rise as a major entertainment destination. Don't miss this opportunity to own a luxury retreat in one of the most desirable areas, complete with every amenity your guests could dream of!
Listing courtesy of ECARMLS / Beach House Sales and Development
Last checked:
Checking…
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Last updated Oct 28, 2024
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MLS# 960549 —
The Building
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Year Built:2023
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Architectural Style:Beach House
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Direction Faces:None
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Construction Materials:Roof Shingle/Shake, Siding CmntFbrHrdBrd, Slab
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Foundation Details:None
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Basement:None
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Exterior Features:BBQ Pit/Grill, Deck Covered, Deck Open, Summer Kitchen
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Window Features:Double Pane Windows
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Patio And Porch Features:None
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Accessibility Features:None
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Security Features:None
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Levels:None
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Stories:2
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Building Area Total:3236.0
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Building Area Source:Building Plan
Interior
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Rooms Total:14
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Interior Features:Floor Vinyl, Kitchen Island, Lighting Recessed, Lock Out, Pantry
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Flooring:None
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Location
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Directions:From Thomas Dr. turn left past Wells Fargo. Stay left onto Magnolia Beach Rd. Turn right onto West Ave. Turn left onto Lorraine St. Turn right onto Susan Ave. Property at the end of the cul-de-sac on right.
The Property
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Parcel Number:31359-010-000
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Property Type:Residential
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Property Subtype:Detached Single Family
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Lot Features:Cul-De-Sac, Within 1/2 Mile to Water
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Acres:0.25
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Lot Size Area:0.25
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Lot Size Dimensions:60x153
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Lot Size SqFt:10890.0
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Lot Size Units:Acres
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Zoning:Resid Multi-Family
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Possible Use:None
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Topography:None
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Waterfront:No
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:827.0
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Tax Legal Description:MAGNOLIA BEACH 2ND ADD LOT 11 BLK H AND 1/2 OF AMANDONED ROW OF SUSAN AVE ORB 4692 P 1455
Beds
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Bedrooms Total:6
Baths
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Total Baths:6.0
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Total Baths:6
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Full Baths:6
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Partial Baths:None
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Bathrooms Three Quarter:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=ag8hKsxvmvW&dh=0&brand=0&mls=1&
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Ceiling Fan(s), Central Air
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Cooling:true
Utilities
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Utilities:Electric, Public Sewer, Public Water
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Electric:None
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Sewer:None
Appliances
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Appliances:Cooktop, Dishwasher, Dryer, Freezer, Refrigerator, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Schools
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Elementary School:Patronis
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Middle Or Junior School:Surfside
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High School:Arnold
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:MAGNOLIA BEACH 2ND ADDN
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Senior Community:No
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Pool Private:None
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Pool Features:Pool Type
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Spa Features:None
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Pets Allowed:None
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Association:No
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Association Amenities:None
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Association Fee:None
Parking
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Carport:false
Monthly cost estimate
Asking price
$1,500,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,032
|
Taxes | $68 |
Insurance | $412 |
Utilities | $218 See report |
Total | $8,730/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/9/24
Oct 9, 2024
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Listed / Active | ECARMLS | $1,500,000 |