221 Lake Place, Panama City Beach, FL 32413
$975,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
2,189
Lot Size (sq. ft.):
3,223
Status:
Sold
Current Price:
$995,000
List Date:
3/02/2024
Last Modified:
9/26/2024
Description
‘CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS’
Investors looking to make 1% of the purchase price in gross rentals, this should be in your future. Rental income projecting $120k+ per year in gross rents with thoughtful interior package. New construction with warranty! Furnishing package can be negotiated to make this property turn key. Submit all offers!
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 and secure your foothold 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!
More Information MLS# 753589
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 1462
Last Tax Year: 2023
Brokerage Interest: No Interest
Contract Info
List Price/SqFt: 454.55
Status: Sold
List Date: 2024-02-27
List Price: $995,000
Current Price: $975,000
Location
Sub Area: 0324 – Beach – West Central
Community/Resort: Laguna Beach
Waterfront: No
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Panama City Beach Pkwy:
Head south on Lake Pl for 2 blocks. Home will be on your right.
Area: 03 – Bay County – Beach
Street #: 221
Street Name: Lake
Street Suffix: Place
State: FL
Zip Code: 32413
County: Bay
Subdivision: Laguna Beach
Parcel ID: 37943-000-000
Legal Description: LAGUNA BEACH 5TH ADD LOT 9 BLK D ORB 4613 P 1139
General Property Info
Floor Number: 2
Acreage: 0.07
Design: Beach House
Lot Size (SqFt): 3223
Apx SqFt(Htd/Cooled): 2189
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Builders Plans
Balcony SqFt: 150
Half Baths: 1
# of Stories in Building: 2
Lot Dimensions: 49′ x 63′
Garage Y/N: Yes
Garage Spaces: 1
Sub-Type: Detached Single Family
Bedrooms: 4
Full Baths: 2
Total Baths: 3
Year Built: 2023
Remarks & Misc
Remarks: ‘CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS’
Investors looking to make 1% of the purchase price in gross rentals, this should be in your future. Rental income projecting $120k+ per year in gross rents with thoughtful interior package. New construction with warranty! Furnishing package can be negotiated to make this property turn key. Submit all offers!
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 and secure your foothold 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!
Status Change Info
Sold Price/SqFt: 445.41
Sold Price/Acre: 13928571.43
Under Contract Date: 2024-06-28
Sold Date: 2024-07-26
Sold Price: $975,000
Pool Features
Inground: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Range – Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Interior Features
Breakfast Bar: 1
Closet Owner: 1
Floor – Vinyl Plank: 1
Lighting – Recessed: 1
Exterior
Balcony: 1
Fenced Back Yard: 1
Shower: 1
Patio Open: 1
Pool: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Interior
Bunk Room: 1
Lot Features
Landscaped: 1
Parking Features
Garage Attached: 1
Association Amenities
Other – See Remarks: 1
Rooms
Bedroom: 1
Master Bedroom: 1
Utilities
Electricity – Connected: 1
Public Sewer – Connected: 1
Water Connected: 1
Sale Type
As Is: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Cooling
Central Air: 1
Heating
Central: 1
Special List Prov
Home Warranty-Builder: 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Range – Electric; Refrigerator; Washer/Dryer Stacked
Master Bedroom: Second
Bedroom: First
Cooling: Central Air
Heating: Central
Exterior: Balcony; Fenced Back Yard; Shower; Patio Open; Pool
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Interior: Bunk Room
Lot Features: Landscaped
Pool Features: Inground
Parking Features: Garage Attached
Association Amenities: Other – See Remarks
Rooms: Bedroom; Master Bedroom
Sale Type: As Is
Special List Prov: Home Warranty-Builder
Utilities: Electricity – Connected; Public Sewer – Connected; Water Connected
Room Information
Master Bedroom
Level: Second
Dimensions: 17 x 16
Length: 17.00
Width: 16.00
Dimensions: 17 x 16
Bedroom
Level: First
Dimensions: 13.6 x 11.4
Length: 13.60
Width: 11.40
Dimensions: 13.6 x 11.4
Bedroom
Level: First
Dimensions: 17 x 13
Length: 17.00
Width: 13.00
Dimensions: 17 x 13
Bedroom
Level: First
Dimensions: 13 x 11
Length: 13.00
Width: 11.00
Dimensions: 13 x 11
Listing Office:
Beachy Beach Real Estate
Last Updated: September – 26 – 2024
Information deemed reliable but not guaranteed.