2712 Banyan St, PANAMA CITY BEACH

$599,000

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3 Beds
2 Baths
2,384 Sqft
.18 Acre
0 Garage

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 otherside 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!

Essential Information

Status
Active
MLS® #
943453
Price
$599,000
Days On Website
69
Bedrooms
3
Bathrooms
2.00
Full Baths
2
Square Footage
2,384
Acres
0.18
Year Built
1985
Type
Residential
Sub-Type
Attached Single Unit
Style
Duplex

Community Information

Address
2712 Banyan St
Area
Bay County
SubArea
2719 - Beach - East
Subdivision
TREASURE COVE
City
PANAMA CITY BEACH
County
BAY
State
FL
Zip Code
32408

Utilities

Electric Available, Phone Available, Public Sewer Available, Public Water Available

Interior

Heating
Heat: Central Electric
Cooling
A/C: Central Electric
# of Stories
1

Interior Features

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

Appliances

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

Exterior

Exterior
Siding CmntFbrHrdBrd

Exterior Features

Fenced Back Yard, Porch Covered

School Information

Elementary
PATRONIS
Middle
Surfside
High
ARNOLD

Additional Information

Days on Website
69
Zoning
Residential Multi-Family
HOA Fees
0.00

Listing Details

Office
Counts Real Estate Group Inc
Property History
Price Reduced from $609,000 to $599,000

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Listing information last updated on May 8th, 2024 at 5:30pm CDT.