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: $1,300,000 List Date: 11/01/2022 Last Modified: 9/25/2024

Overview

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, c

Listing Details MLS# 734164

Contract Info

List Price/SqFt
558.77

Location

Area
03 – Bay County – Beach
Street #
502
Street Name
Lyndell
Street Suffix
Lane
State
FL
Zip Code
32407
County
Bay
Sub Area
0320 – Beach – Middle Central
Subdivision
No Named Subdivision
Community/Resort
None
Waterfront
No
Parcel ID
34479-350-050
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
Legal Description
ENCLAVE AT LYNDELL LANE LOT 5 ORB 4563 P 1591

General Property Info

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

Status Change Info

Under Contract Date
2023-01-11
Sold Date
2023-02-16
Sold Price/SqFt
500.96
Sold Price/Acre
11818181.82

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Brokerage Interest
No Interest

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.

More Information

Bunk Room

Second
Yes

Master Bathroom

Second
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Ice Maker
Yes
Microwave
Yes
Oven – Electric
Yes
Refrigerator
Yes
Washer
Yes

Assumable Mtg Typ

Conventional
Yes
Other-See Remarks
Yes

Exterior

Balcony
Yes
Fenced Back Yard
Yes
Pool
Yes

Financing

Cash
Yes
Conventional
Yes
Other
Yes

Furnished

Furnished
Yes

Interior

Bunk Room
Yes

Parking Features

Driveway
Yes

Association Amenities

BBQ Pit/Grill
Yes
Pool
Yes
Other – See Remarks
Yes

Rooms

Bedroom
Yes
Bunk Room
Yes
Full Bathroom
Yes
Half Bathroom
Yes
Master Bathroom
Yes
Master Bedroom
Yes

Utilities

TV Cable
Yes

Full Bathroom

Second
Yes

Half Bathroom

First
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes
Second
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes

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

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