103 Deluna Place, Panama City Beach, FL 32413

$7,175,000
20
BD
25
BA
12,421
SqFt
List Price
$7,175,000
Price Change
▼ $250,000 1706215952
Days on Market
91
MLS#
937525
Status
ACTIVE
Type
Single Family Residential
Subtype
Attached Single Unit
Bedrooms
20
Bathrooms
25
Full Bathrooms
20
Half Bathrooms
5
Living Area
12,421
Neighborhood
2724 - Beach - West Central

Property Description

Unlock a golden investment opportunity with this exclusive townhome development in the heart of Panama City Beach, Florida! Introducing a five-unit project that not only offers the allure of coastal living but also promises lucrative returns on your investment. Current projections are pushing up to 700k in potential rental revenue.Each townhome boasts 4 bedrooms and 4 bathrooms, providing spacious and luxurious accommodation for residents and guests alike. The open floor plan seamlessly connects living, dining, and kitchen areas, creating an inviting space perfect for both relaxation and entertainment.Embrace the allure of gulf views that grace each residence, offering a visual feast of the breathtaking surroundings. High-end GE Monogram appliances adorn the kitchens, elevating the culinary experience for residents and ensuring the appeal for potential renters. Current gross projections are Solid core doors and vertical concrete construction add a touch of sophistication and privacy throughout, creating a sense of exclusivity in each unit. The heated community pool becomes a year-round attraction, enhancing the overall appeal for tenants seeking a resort-like experience. For those with an eye on investment, the entire project offers an excellent opportunity for rental income. Strategically located across the street from the beach, these townhomes are poised to attract vacationers and long-term renters alike. Rental projections currently show this development could push up to $700,000 in potential rental revenue. Parking is a breeze with a two-car garage for each unit, providing convenience for residents and adding to the property's overall desirability. Elevate the appeal further by offering the option for an elevator, ensuring accessibility for all potential tenants. Seize the chance to own not just a single property but an entire investment project in one of Florida's most sought-after locations. With proximity to the beach, upscale amenities, and a focus on maximizing rental potential, these townhomes present a compelling investment package. Don't miss out on securing your stake in this coastal gem - schedule a comprehensive tour today and witness the potential returns awaiting you in this prime Panama City Beach development!

Additional Information

Appliances
Cooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Microwave, Oven Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Dual Fuel, Warranty Provided
Association
Emerald Coast
Construction Siding
Block, Concrete, Frame, Roof Composite Shngl, Siding EIFS
Design
Contemporary
Elementary School
West Bay
Energy
AC - Central Elect, Ceiling Fans, Heat Cntrl Electric, Insulated Doors, Storm Doors, Water Heater - Tnkls
Exterior Features
Balcony, Fenced Lot-Part, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
Fees Include
Accounting, Ground Keeping, Legal, Management, Services, Sewer, Trash, Water
High School
Arnold
Interior Features
Floor Laminate, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup, Window Treatmnt None
Legal Description
Parcel ID assigned at closing, Legal Description in attached as-built survey.
Lot Features
Within 1/2 Mile to Water
Middle School
Surfside
Neighborhood
2724 - Beach - West Central
Parking Features
Carport, Covered, Garage, Garage Attached
Project Facilities
Pets Allowed, Pool, Short Term Rental - Allowed
Stories
3
Subdivision
Deluna Place Townhomes
Utilities
Community Sewer, Community Water, Electric, Gas - Natural, Lift Station, Phone, TV Cable
Waterview
Gulf
Year Built
2023
Zoning
Commercial, Resid Multi-Family

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Scenic Sotheby's International Realty.

Vendor Member Number : 28166