502 Lyndell Lane, Panama City Beach, FL 32407

$1,300,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,595 Lot Size (sq. ft.): 4,922 Status: Sold
Current Price: $1,450,000 List Date: 11/01/2022 Last Modified: 9/25/2024

Description

This new construction vacation rental is projected to produce over $150K-$200K in base rental income. Enviably located next to Pier Park shops, restaurants and outdoor activities, this surprisingly spacious beach house has porches on both levels. Constructed less than a year ago, the appliances, furniture and fixtures are like new. It has a large private outdoor living area with a pool and six bedrooms to accommodate up to 20 guests. It’s ideal for vacation rentals when not in use by the owner. What’s more, this beautiful beach home is just three minutes from the beautiful white sands of Panama City Beach. The interior decor is to the highest standard with handpicked designer wallpaper, tastefully curated furniture and artworks delivering sensory pleasure and harmony throughout the home.

Supplements: The bright open family room is a communal gathering place for meals and social chatter. Throw open the French doors and enjoy pool views from the deep, cushioned sofa and chaise. The private backyard has a heated pool for hours of pleasure and the covered deck with its tie-back curtains creates a comfy gazebo-style living area for sharing drinks, chatter and laughter. There’s a well-laid-out kitchen for large-scale cooking with a lengthy island breakfast bar that doubles as prep and serving space. Six generously sized bedrooms, each with its own character and smart TV, allow everyone to enjoy their own private space. Make use of the garage for storing beach chairs and bicycles. There’s ample parking for vehicles on the paved driveway. All this, just a short walk from the stunning white sandy beach.

More Information MLS# 734164

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Brokerage Interest: No Interest

Contract Info

List Price/SqFt: 558.77 Status: Sold List Date: 2022-10-24 List Price: $1,450,000 Current Price: $1,300,000

Location

Sub Area: 0320 – Beach – Middle Central Community/Resort: None Waterfront: No Elementary School: Hutchison Beach Middle School: Surfside High School: Arnold Directions: From US-98 E/Back Beach Rd/Panama City Beach Pkwy Head East Turn right onto State Hwy 30H/Lyndell Ln House will be on the right Area: 03 – Bay County – Beach Street #: 502 Street Name: Lyndell Street Suffix: Lane State: FL Zip Code: 32407 County: Bay Subdivision: No Named Subdivision Parcel ID: 34479-350-050 Legal Description: ENCLAVE AT LYNDELL LANE LOT 5 ORB 4563 P 1591

General Property Info

Acreage: 0.11 Design: Beach House Lot Size (SqFt): 4922 Apx SqFt(Htd/Cooled): 2595 Construction Status: Construction Complete SqFt Source: Prop App Site Lot Dimensions: 23 x 160 Garage Y/N: Yes Garage Spaces: 1 Sub-Type: Detached Single Family Bedrooms: 5 Full Baths: 4 Total Baths: 4 Year Built: 2022

Remarks & Misc

Remarks: This new construction vacation rental is projected to produce over $150K-$200K in base rental income. Enviably located next to Pier Park shops, restaurants and outdoor activities, this surprisingly spacious beach house has porches on both levels. Constructed less than a year ago, the appliances, furniture and fixtures are like new. It has a large private outdoor living area with a pool and six bedrooms to accommodate up to 20 guests. It’s ideal for vacation rentals when not in use by the owner. What’s more, this beautiful beach home is just three minutes from the beautiful white sands of Panama City Beach. The interior decor is to the highest standard with handpicked designer wallpaper, tastefully curated furniture and artworks delivering sensory pleasure and harmony throughout the home.

Status Change Info

Sold Price/SqFt: 500.96 Sold Price/Acre: 11818181.82 Under Contract Date: 2023-01-11 Sold Date: 2023-02-16 Sold Price: $1,300,000

Bunk Room

Second: 1

Master Bathroom

Second: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Ice Maker: 1 Microwave: 1 Oven – Electric: 1 Refrigerator: 1 Washer: 1

Assumable Mtg Typ

Conventional: 1 Other-See Remarks: 1

Exterior

Balcony: 1 Fenced Back Yard: 1 Pool: 1

Financing

Cash: 1 Conventional: 1 Other: 1

Furnished

Furnished: 1

Interior

Bunk Room: 1

Parking Features

Driveway: 1

Association Amenities

BBQ Pit/Grill: 1 Pool: 1 Other – See Remarks: 1

Rooms

Bedroom: 1 Bunk Room: 1 Full Bathroom: 1 Half Bathroom: 1 Master Bathroom: 1 Master Bedroom: 1

Utilities

TV Cable: 1

Full Bathroom

Second: 1

Half Bathroom

First: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Heating

Central: 1

Property Features

Appliances: Dishwasher; Disposal; Dryer; Ice Maker; Microwave; Oven – Electric; Refrigerator; Washer Assumable Mtg Typ: Conventional; Other-See Remarks Full Bathroom: Second Half Bathroom: First Master Bedroom: Second Bedroom: First; Second Cooling: Ceiling Fan(s); Central Air Heating: Central Exterior: Balcony; Fenced Back Yard; Pool Financing: Cash; Conventional; Other Furnished: Furnished Interior: Bunk Room Bunk Room: Second Master Bathroom: Second Parking Features: Driveway Association Amenities: BBQ Pit/Grill; Pool; Other – See Remarks Rooms: Bedroom; Bunk Room; Full Bathroom; Half Bathroom; Master Bathroom; Master Bedroom Utilities: TV Cable

Room Information

Bedroom Level: First Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Bedroom Level: First Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Master Bathroom Level: Second Dimensions: 10 x 10 Length: 10.00 Width: 10.00 Dimensions: 10 x 10 Master Bedroom Level: Second Dimensions: 20 x 20 Length: 20.00 Width: 20.00 Dimensions: 20 x 20 Bunk Room Level: Second Dimensions: 18 x 18 Length: 18.00 Width: 18.00 Dimensions: 18 x 18 Bedroom Level: Second Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Half Bathroom Level: First Dimensions: 8 x 6 Length: 8.00 Width: 6.00 Dimensions: 8 x 6 Full Bathroom Level: Second Dimensions: 10 x 8 Length: 10.00 Width: 8.00 Dimensions: 10 x 8
Listing Office: Scenic Sotheby's International Realty
Last Updated: September – 25 – 2024
Information deemed reliable but not guaranteed.