117 Rose Lane, Panama City Beach, FL 32413
$1,230,000
Property Type:
Residential
Bedrooms:
6
Baths:
5
Square Footage:
2,344
Lot Size (sq. ft.):
9,148
Status:
Sold
Current Price:
$1,230,000
List Date:
12/26/2024
Last Modified:
3/07/2025
Overview
Description
…
(Read more)
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can!
Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists.
Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach.
The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024)
The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment.
With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market.
2025 (as of 2/1)
$157.8k Total
$153.7k Net Total
$128.1k Total Rent Only
Listing Details MLS# 766542
Contract Info
- List Price/SqFt
- 550.34
Location
- Area
- 03 – Bay County – Beach
- Street #
- 117
- Street Name
- Rose
- Street Suffix
- Lane
- State
- FL
- Zip Code
- 32413
- County
- Bay
- Sub Area
- 0324 – Beach – West Central
- Subdivision
- Laguna Beach Estates 1st Add
- Community/Resort
- Laguna Beach
- Waterfront
- No
- Parcel ID
- 36644-000-000
- Elementary School
- West Bay
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Fm intersection of Hwy 79 & Front Beach Rd, go West. Turn right on Rose Lane, just after you pass Thomas Donut & Carousell Supermarket. After you turn on Rose Lane, house is a half block up on the lef
- Legal Description
- LAGUNA BEACH ESTATES 1ST ADD LOT 8 BLK 1B ORB 4601 P 96
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Beach House
- Apx SqFt(Htd/Cooled)
- 2344
- SqFt Source
- Prop App Site
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Year Built
- 1950
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Lot Dimensions
- 75' x 120'
- Acreage
- 0.21
- Lot Size (SqFt)
- 9148
- Pool
- Yes
- Pool Type
- Private
Status Change Info
- Under Contract Date
- 2025-02-04
- Sold Date
- 2025-03-07
- Sold Price/SqFt
- 524.74
- Sold Price/Acre
- 5857142.86
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 9571
- Last Tax Year
- 2023
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists. Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach. The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024) The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment. With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market. 2025 (as of 2/1) $157.8k Total $153.7k Net Total $128.1k Total Rent Only
More Information
Dining Room
- First
- Yes
Pool Features
- Heated – Electric
- Yes
- Inground
- Yes
- Saltwater
- Yes
- Spa/ Hot Tub
- Yes
Appliances
- Cooktop – Electric
- Yes
- Dishwasher
- Yes
- Dryer
- Yes
- Ice Maker
- Yes
- Oven – Electric
- Yes
- Range – Electric
- Yes
- Refrigerator
- Yes
- Washer
- Yes
- Water Heater – Electric
- Yes
Interior Features
- Breakfast Bar
- Yes
- Fireplace
- Yes
- Floor – Hardwood
- Yes
- Lock Out Closet
- Yes
- Stairs
- Yes
Construction/Siding
- Block
- Yes
- Foundation – Slab on Grade
- Yes
- Roof – Composite Shngl
- Yes
Exterior
- Fenced Back Yard
- Yes
- Fenced Privacy
- Yes
- Fire Pit
- Yes
- Shower
- Yes
- Patio Enclosed
- Yes
Other Structures
- Shed(s)
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
Furnished
- Furnished
- Yes
Interior
- Floor – Concrete
- Yes
Kitchen
- First
- Yes
Living Room
- First
- Yes
Lot Features
- Deeded Access
- Yes
Lot Access
- City Street
- Yes
Parking Features
- Driveway
- Yes
- Oversized
- Yes
Present Zoning
- Resid Single Family
- Yes
Rooms
- Bedroom
- Yes
- Dining Room
- Yes
- Kitchen
- Yes
- Living Room
- Yes
- Master Bedroom
- Yes
Utilities
- TV Cable
- Yes
- Garbage
- Yes
- Phone – Connected
- Yes
- Public Water – Connected
- Yes
- Septic Tank
- Yes
Accessibility Features
- Accessible Approach with Ramp
- Yes
Sale Type
- As Is
- Yes
Master Bedroom
- First
- Yes
Bedroom
- First
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
Heating
- Central
- Yes
- Fireplace – Wood Burning
- Yes
Property Features
Accessibility Features:
Accessible Approach with Ramp
Appliances:
Cooktop – Electric; Dishwasher; Dryer; Ice Maker; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric
Master Bedroom:
First
Bedroom:
First
Cooling:
Ceiling Fan(s); Central Air
Heating:
Central; Fireplace – Wood Burning
Exterior:
Fenced Back Yard; Fenced Privacy; Fire Pit; Shower; Patio Enclosed
Financing:
Cash; Conventional; FHA
Furnished:
Furnished
Interior:
Floor – Concrete
Kitchen:
First
Living Room:
First
Lot Features:
Deeded Access
Lot Access:
City Street
Dining Room:
First
Pool Features:
Heated – Electric; Inground; Saltwater; Spa/ Hot Tub
Parking Features:
Driveway; Oversized
Other Structures:
Shed(s)
Rooms:
Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom
Sale Type:
As Is
Utilities:
TV Cable; Garbage; Phone – Connected; Public Water – Connected; Septic Tank
Present Zoning:
Resid Single Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
|---|---|---|---|---|
| Master Bedroom | First | 13 x 14 | 13.00 | 14.00 |
| Bedroom | First | 11.6 x 13 | 11.60 | 13.00 |
| Living Room | First | 20 x 21 | 20.00 | 21.00 |
| Kitchen | First | 20 x 9 | 20.00 | 9.00 |
| Dining Room | First | 13 x 7 | 13.00 | 7.00 |
| Bedroom | First | 15 x 13 | 15.00 | 13.00 |
Listing Office:
Keller Williams Success Realty
Last Updated: March – 07 – 2025
Information deemed reliable but not guaranteed.