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:
$1,290,000
List Date:
12/26/2024
Last Modified:
3/07/2025
Description
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 MLS# 766542
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 9571
Last Tax Year: 2023
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 550.34
Status: Sold
List Date: 2024-12-20
List Price: $1,290,000
Current Price: $1,230,000
Location
Sub Area: 0324 – Beach – West Central
Community/Resort: Laguna Beach
Waterfront: No
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
Area: 03 – Bay County – Beach
Street #: 117
Street Name: Rose
Street Suffix: Lane
State: FL
Zip Code: 32413
County: Bay
Subdivision: Laguna Beach Estates 1st Add
Parcel ID: 36644-000-000
Legal Description: LAGUNA BEACH ESTATES 1ST ADD LOT 8 BLK 1B ORB 4601 P 96
General Property Info
Acreage: 0.21
Design: Beach House
Lot Size (SqFt): 9148
Apx SqFt(Htd/Cooled): 2344
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
Lot Dimensions: 75′ x 120′
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Private
Sub-Type: Detached Single Family
Bedrooms: 6
Full Baths: 4
Total Baths: 5
Year Built: 1950
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
Status Change Info
Sold Price/SqFt: 524.74
Sold Price/Acre: 5857142.86
Under Contract Date: 2025-02-04
Sold Date: 2025-03-07
Sold Price: $1,230,000
Dining Room
First: 1
Pool Features
Heated – Electric: 1
Inground: 1
Saltwater: 1
Spa/ Hot Tub: 1
Appliances
Cooktop – Electric: 1
Dishwasher: 1
Dryer: 1
Ice Maker: 1
Oven – Electric: 1
Range – Electric: 1
Refrigerator: 1
Washer: 1
Water Heater – Electric: 1
Interior Features
Breakfast Bar: 1
Fireplace: 1
Floor – Hardwood: 1
Lock Out Closet: 1
Stairs: 1
Construction/Siding
Block: 1
Foundation – Slab on Grade: 1
Roof – Composite Shngl: 1
Exterior
Fenced Back Yard: 1
Fenced Privacy: 1
Fire Pit: 1
Shower: 1
Patio Enclosed: 1
Other Structures
Shed(s): 1
Financing
Cash: 1
Conventional: 1
FHA: 1
Furnished
Furnished: 1
Interior
Floor – Concrete: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Deeded Access: 1
Lot Access
City Street: 1
Parking Features
Driveway: 1
Oversized: 1
Present Zoning
Resid Single Family: 1
Rooms
Bedroom: 1
Dining Room: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Garbage: 1
Phone – Connected: 1
Public Water – Connected: 1
Septic Tank: 1
Accessibility Features
Accessible Approach with Ramp: 1
Sale Type
As Is: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Heating
Central: 1
Fireplace – Wood Burning: 1
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
Master Bedroom
Level: First
Dimensions: 13 x 14
Length: 13.00
Width: 14.00
Dimensions: 13 x 14
Bedroom
Level: First
Dimensions: 11.6 x 13
Length: 11.60
Width: 13.00
Dimensions: 11.6 x 13
Living Room
Level: First
Dimensions: 20 x 21
Length: 20.00
Width: 21.00
Dimensions: 20 x 21
Kitchen
Level: First
Dimensions: 20 x 9
Length: 20.00
Width: 9.00
Dimensions: 20 x 9
Dining Room
Level: First
Dimensions: 13 x 7
Length: 13.00
Width: 7.00
Dimensions: 13 x 7
Bedroom
Level: First
Dimensions: 15 x 13
Length: 15.00
Width: 13.00
Dimensions: 15 x 13
Listing Office:
Keller Williams Success Realty
Last Updated: March – 07 – 2025
Information deemed reliable but not guaranteed.