21401 Hilltop Ave, PANAMA CITY BEACH

$530,000

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2 Beds
2 Baths
1,135 Sqft
.13 Acre
0 Garage

GREAT INVESTMENT with rental projections ranging from 45k-47k which indicates a 8% ROI. This is a HUGE rate of return considering being so close to the beach.Introducing Riviera beach finest beach house located at 21401 Hilltop Ave, Panama City Beach, FL 32413 on the West end 5 minutes from 30A. This location will be crucial to your home buying decision because it offers opportunities like no other!! Being just 3 blocks from the beach, it's easy to hop on your golf cart and be there in minutes, or if you feel like making a cardio type afternoon it's in walking distance to the beach. Along with this amazing perk, there are some key updates to note about this completely remodeled house.Those include; freshly painted both on the interior and exterior, new hurricane impact windows which are vital being in such close proximity to the beach, brand new granite countertops with 42'' inch cabinets to give it that modern look, new stainless steel LG appliances to give it that sleek look, nice two tone shiplap around the breakfast bar area to prevent scratches, all tile master bathroom with two niches, a seat, and glass doors, new LVP flooring all throughout except the bathrooms which has tile, NEW ROOF which helps with insurance, new paver driveway and back patio area, and new light fixtures and remote fans for your convenience. More importantly, this house has a 10ft privacy fence with backyard space big enough to fit a TIKI POOL/LAP POOL.

Also, there is a 144sqft TWO CAR GARAGE in the back that is fully insulated which can easily be converted into a 2br/1bath ADU/studio, giving this property an advantage for short term rental. So, essentially you could have a 4br/3bath beach house that sleeps 8-10 people which provides a greater return on your investment from an investment standpoint!!!! With that being said, if you are looking for the best of both worlds in terms of personal use and investment, this offers the perfect opportunity!!

Therefore, make the best of this opportunity and get into one of the most sought after neighborhood in PCB with no HOA, endless short term possibilities and serene tranquility. Schedule a private showing today so you can visualize the potential of this home!!!

Essential Information

Status
Active
MLS® #
943130
Price
$530,000
Days On Website
73
Bedrooms
2
Bathrooms
2.00
Full Baths
2
Square Footage
1,135
Acres
0.13
Year Built
1991
Type
Residential
Sub-Type
Detached Single Family
Style
Beach House

Community Information

Address
21401 Hilltop Ave
Area
Bay County
SubArea
2724 - Beach - West Central
Subdivision
RIVIERA BEACH
City
PANAMA CITY BEACH
County
BAY
State
FL
Zip Code
32413

Amenities

Parking
Garage, Garage: Detached
Pool
Community, Private

Utilities

Electric Available, Public Water Available

Interior

# of Stories
1

Interior Features

Breakfast Bar, Floor Tile, Floor Vinyl, Lighting Recessed, Newly Painted, Pantry, Washer/Dryer Hookup, Window Treatment All, Furnished - Some

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smoke Detector, Washer

Cooling

A/C: Central Electric, Ceiling Fans

Exterior

Roof
Roof Shingle/Shake

Exterior

Siding Stucco, Roof Shingle/Shake

Exterior Features

Fenced Privacy, Patio Open, Fenced Lot-All, Porch Open, Renovated

School Information

Elementary
HUTCHISON BEACH
Middle
Surfside
High
ARNOLD

Additional Information

Days on Website
73
Zoning
County, Unrestricted
HOA Fees
0.00

Listing Details

Office
Salty Marlin Realty
Property History
Price Reduced from $549,000 to $530,000
Price Reduced from $560,000 to $549,000
Price Reduced from $575,000 to $560,000
Price Reduced from $585,000 to $575,000

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Listing information last updated on May 8th, 2024 at 1:30pm CDT.