221 Lake Place, PANAMA CITY BEACH

$1,100,000

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4 Beds
3 Baths
2,189 Sqft
0 Acre
1 Garage

Rental income projecting $100k per year in gross rents with thoughtful interior package!! Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your heart's content. Relax and unwind in your private plunge pool, perfect for cooling off after a day at the beach or hosting intimate gatherings with friends and family. Take in the fresh salty air from the balcony while sipping your morning coffee or evening cocktail. Gather around the fire pit in the evenings for cozy conversations under the stars, creating memories that will last a lifetime.With four bedrooms and 2 1/2 bathrooms, there's plenty of space for everyone to spread out and feel at home. Parking is a breeze with space for three vehicles, ensuring that you and your guests always have a spot to park. Plus, the location couldn't be better - just 8 minutes to Pier Park for shopping, dining, and entertainment, and a short 10-minute drive to the charming community of Rosemary Beach 30A. This beach home isn't just a slice of paradise for vacationers - it's also an incredible opportunity for savvy investors. With its prime location and desirable amenities, this property is perfect for generating rental income and cash flow! Whether you're looking to rent it out short-term to beachgoers or as a long-term rental for residents, the potential for ROI is unmatched. Invest in the future of coastal real estate in one of the most sought-after vacation destinations. Don't miss out on the opportunity to own this coastal oasis - call your favorite real estate agent to schedule your showing today!

***Actual home still under construction, expected completion mid-end of April!

***Seller is willing to change the paint to colors of buyers choice. Outside of home is currently grey

***Photos are of the same floor plan that is already complete, on a rental program, and cash flowing in the same neighborhood!!

***Updated Photos coming soon!

Essential Information

Status
Active
MLS® #
946829
Price
$1,100,000
Days On Website
21
Bedrooms
4
Bathrooms
3.00
Full Baths
2
Half Baths
1
Square Footage
2,189
Acres
0.00
Year Built
2023
Type
Residential
Sub-Type
Detached Single Family
Style
Beach House

Community Information

Address
221 Lake Place
Area
Bay County
SubArea
2724 - Beach - West Central
Subdivision
LAGUNA BEACH
City
PANAMA CITY BEACH
County
BAY
State
FL
Zip Code
32413

Amenities

Parking Spaces
1
Parking
Garage: Attached
# of Garages
1
Has Pool
Yes
Pool
Pool - In-Ground, Private

Utilities

Electric Available, Public Sewer Available, Public Water Available

Interior

Cooling
A/C: Central Electric
# of Stories
2

Appliances

Dishwasher, Dryer, Microwave, Washer

Exterior

Lot Description
Survey Available

Exterior Features

Balcony, Fenced Back Yard, Pool - In-Ground

School Information

Elementary
WEST BAY
Middle
Surfside
High
ARNOLD

Additional Information

Days on Website
21
Zoning
Residential Single Family
HOA Fees
0.00

Listing Details

Office
Beachy Beach Real Estate

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Listing information last updated on April 30th, 2024 at 4:45am CDT.