423 Kelly Street, Panama City Beach, FL 32413
$499,999
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,200
Lot Size (sq. ft.):
5,663
Status:
Active
Current Price:
$499,999
List Date:
5/01/2026
Last Modified:
7/14/2026
Overview
Description
Listing Details MLS# 788212
Contract Info
- List Price/SqFt
- 416.67
Location
- Area
- 03 – Bay County – Beach
- Street #
- 423
- Street Name
- Kelly
- Street Suffix
- Street
- State
- FL
- Zip Code
- 32413
- County
- Bay
- Sub Area
- 0325 – Beach – West South
- Subdivision
- Kiska Beach 1st Add
- Community/Resort
- None
- Waterfront
- No
- Parcel ID
- 36065-009-000
- Elementary School
- West Bay
- Middle School
- Surfside
- High School
- Arnold
- Directions
- Approx. 1 mile East of the Walton Co/Bay Co. line on Hwy 98 or approx. 5 miles West of Hwy 79
- Legal Description
- 1ST ADD KISKA BEACH MAP 13B3 LOT 19 BLK E ORB 3880 P 33
General Property Info
- Sub-Type
- Detached Single Family
- Design
- Bungalow
- Apx SqFt(Htd/Cooled)
- 1200
- SqFt Source
- Prop App Site
- Full Baths
- 2
- Total Baths
- 2
- Year Built
- 1983
- Construction Status
- Construction Complete
- New Construction
- No
- Garage Y/N
- No
- Lot Dimensions
- 50 x 112
- Acreage
- 0.13
- Lot Size (SqFt)
- 5663
- Pool
- No
Listing Info, Tax and Legal
- HOA Fee
- No
- New Buyer Fee
- No
- Last Taxes
- 4388
- Last Tax Year
- 2025
- Brokerage Interest
- No Interest
Remarks & Misc
- Remarks
- Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short-term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around often–especially at this price point.
Furnished
- Furnished
- Yes
More Information
Rooms
- Bedroom
- Yes
- Primary Bedroom
- Yes
Utilities
- TV Cable
- Yes
- Electricity – Connected
- Yes
Primary Bedroom
- First
- Yes
Bedroom
- First
- Yes
Property Features
Primary Bedroom:
First
Bedroom:
First
Furnished:
Furnished
Rooms:
Bedroom; Primary Bedroom
Utilities:
TV Cable; Electricity – Connected
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
|---|---|---|---|---|---|
| Primary Bedroom | First | 14 x 21 | 14.00 | 21.00 | Buyer to verify |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 | Buyer to verify |
| Bedroom | First | 11 x 11 | 11.00 | 11.00 | Buyer to verify |
Listing Office:
Luxe Coastal Realty Group LLC
Last Updated: July – 14 – 2026
Information deemed reliable but not guaranteed.