607 Lyndell Lane, Panama City Beach, FL 32407

$800,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,450 Lot Size (sq. ft.): 5,001 Status: Sold
Current Price: $799,000 List Date: 2/26/2021 Last Modified: 9/23/2024

Description

Amazing and rare opportunity to own an incredible investment property with historical annual rental income potential of $100K. Close quickly to capture the peak rental income from spring and summer. This 5BR/3.5BA beach house boasts 2450 sq.ft of indoor living space while providing additional 695 sq.ft with balcony and patios. The spacious outdoor living area features a salt water pool for easy and low cost maintenance. The property is in immaculate condition and features a chefs kitchen with stainless Kitchen Aid appliances, quartz countertop and under cabinet lighting and soft close cabinets and drawers, two master suites, one on the main level and one on level two with a private balcony.

Supplements: The two master bathrooms feature quartz counter tops, double sinks and large walk-in showers with frameless glass shower doors. The third bathroom is a Jack and Jill between bedrooms 3 and 4 and includes quartz counter tops, double sinks and a separate room with lavatory and with tub/shower combination. The beach, beach access and County Pier are steps from the property.

More Information MLS# 708333

Listing Info, Tax and Legal

Homestead: Yes HOA Fee: Yes HOA Amount: 836 HOA Frequency: Semi-Annually HOA Annual Amount: 1672 Senior Community: No Is Subject Leased: No New Buyer Fee: No Last Taxes: 5003 Last Tax Year: 2020 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 326.12 Status: Sold List Date: 2021-02-26 List Price: $799,000 Current Price: $800,000

Location

Sub Area: 0320 – Beach – Middle Central Community/Resort: None Waterfront: No Elementary School: Hutchison Beach Middle School: Surfside High School: Arnold Directions: From Highway 98 or Hutchinson Blvd head south on Lyndell Lane. Property will be on the left. From Front Beach Road head North on Lyndell Lane. Property will be on the right. Area: 03 – Bay County – Beach Street #: 607 Street Name: Lyndell Street Suffix: Lane State: FL Zip Code: 32407 County: Bay Subdivision: [No Recorded Subdiv] Parcel ID: 34479-625-070 Legal Description: LYNDELL PLACE LOT 7 ORB 4036 P 2283

General Property Info

Floor Number: 2 Acreage: 0.11 Design: Craftsman Style Lot Size (SqFt): 5001 Apx SqFt(Htd/Cooled): 2450 Immediate Occupancy: No Construction Status: Construction Complete SqFt Source: Prop App Site Balcony SqFt: 200 Half Baths: 1 # of Stories in Building: 2 # of Units in Bldg: 1 Units Above Ground: 1 Pre-Const Flip: No Lot Dimensions: 40×125 Garage Y/N: Yes Garage Spaces: 1 Covered Spaces: 1 Driveway Spaces: 2 Assigned Spaces: 3 Association Fee/Month: 139 Sub-Type: Detached Single Family Bedrooms: 5 Full Baths: 3 Total Baths: 4 Year Built: 2018

Remarks & Misc

Remarks: Amazing and rare opportunity to own an incredible investment property with historical annual rental income potential of $100K. Close quickly to capture the peak rental income from spring and summer. This 5BR/3.5BA beach house boasts 2450 sq.ft of indoor living space while providing additional 695 sq.ft with balcony and patios. The spacious outdoor living area features a salt water pool for easy and low cost maintenance. The property is in immaculate condition and features a chefs kitchen with stainless Kitchen Aid appliances, quartz countertop and under cabinet lighting and soft close cabinets and drawers, two master suites, one on the main level and one on level two with a private balcony.

Status Change Info

Sold Price/SqFt: 326.53 Sold Price/Acre: 7272727.27 Under Contract Date: 2021-03-02 Sold Date: 2021-04-01 Sold Price: $800,000

Balcony

Second: 1

Deck/Patio

First: 1

Laundry

First: 1

Master Bathroom

First: 1 Second: 1

Pantry

First: 1

Pool Features

Fenced: 1 Gunite Concrete: 1 Inground: 1 Saltwater: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 ENERGY STAR Qualified Appliances: 1 ENERGY STAR Qualified Dishwasher: 1 ENERGY STAR Qualified Dryer: 1 ENERGY STAR Qualified Freezer: 1 ENERGY STAR Qualified Refrigerator: 1 ENERGY STAR Qualified Washer: 1 ENERGY STAR Qualified Water Heater: 1 Exhaust Fan: 1 Free-Standing Electric Range: 1 Free-Standing Refrigerator: 1 Ice Maker: 1 Microwave: 1 Oven: 1 Self Cleaning Oven: 1 Stainless Steel Appliance(s): 1 Vented Exhaust Fan: 1 Washer: 1 Water Heater: 1 Water Heater – Electric: 1

Interior Features

Breakfast Bar: 1 Closet Owner: 1 Floor – Laminate: 1 Kitchen Island: 1 Lighting – Recessed: 1 Pantry: 1 Window – Treatment All: 1

Assumable Mtg Typ

Conventional: 1 FHA Fixed: 1 Qualify Required: 1 VA Fixed: 1

Construction/Siding

Foundation – Slab on Grade: 1 Frame: 1 Roof – Metal: 1 Siding – Wood: 1

Exterior

Balcony: 1 Deck Covered: 1 Deck Open: 1 Double Pane Windows: 1 Fenced Back Yard: 1 Fenced Privacy: 1 Shower: 1 Patio Covered: 1 Patio Open: 1 Pool: 1 Porch: 1 Porch Covered: 1 Porch Open: 1 Sprinkler System: 1 Storm Doors: 1 Storm Windows: 1

Association Fees Include

Accounting: 1 Ground Keeping: 1

Financing

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Furnished

Unfurnished: 1

Interior

Insulated Doors: 1

Kitchen

First: 1

Living Room

First: 1

Lot Access

City Street: 1 Graded/Maintained: 1 Paved Road: 1

Parking Features

Additional Parking: 1 Deeded: 1 Driveway: 1 Garage: 1 Garage Attached: 1 Garage Door Opener: 1

Mstr Bath / Mstr Bdrm

MBath Double Vanity: 1 MBath Separate Shwr: 1 MBath Tile: 1 MBath Walk-In Closet: 1 MBed Balcony: 1 MBed First Floor: 1 MBed Walk-in Closet: 1

Present Zoning

Resid Single Family: 1

Association Amenities

Other – See Remarks: 1

Rooms

Balcony: 1 Bedroom: 1 Deck/Patio: 1 Full Bathroom: 1 Half Bathroom: 1 Kitchen: 1 Laundry: 1 Living Room: 1 Master Bathroom: 1 Master Bedroom: 1 Pantry: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Natural Gas – Available: 1 Natural Gas – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Full Bathroom

Second: 1

Half Bathroom

First: 1

Master Bedroom

First: 1 Second: 1

Bedroom

Second: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 ENERGY STAR Qualified Equipment: 1 Gas: 1

Heating

Central: 1 Electric: 1

Floors in Unit/Home

Two: 1

Security Features

Carbon Monoxide Detector: 1 Smoke Detector(s): 1

Special List Prov

Home Owners Association: 1

Property Features

Appliances: Dishwasher; Disposal; Dryer; ENERGY STAR Qualified Appliances; ENERGY STAR Qualified Dishwasher; ENERGY STAR Qualified Dryer; ENERGY STAR Qualified Freezer; ENERGY STAR Qualified Refrigerator; ENERGY STAR Qualified Washer; ENERGY STAR Qualified Water Heater; Exhaust Fan; Free-Standing Electric Range; Free-Standing Refrigerator; Ice Maker; Microwave; Oven; Self Cleaning Oven; Stainless Steel Appliance(s); Vented Exhaust Fan; Washer; Water Heater; Water Heater – Electric Assumable Mtg Typ: Conventional; FHA Fixed; Qualify Required; VA Fixed Full Bathroom: Second Half Bathroom: First Master Bedroom: First; Second Bedroom: Second Cooling: Ceiling Fan(s); Central Air; ENERGY STAR Qualified Equipment; Gas Heating: Central; Electric Exterior: Balcony; Deck Covered; Deck Open; Double Pane Windows; Fenced Back Yard; Fenced Privacy; Shower; Patio Covered; Patio Open; Pool; Porch; Porch Covered; Porch Open; Sprinkler System; Storm Doors; Storm Windows Association Fees Include: Accounting; Ground Keeping Financing: Cash; Conventional; FHA; VA Furnished: Unfurnished Interior: Insulated Doors Kitchen: First Living Room: First Lot Access: City Street; Graded/Maintained; Paved Road Balcony: Second Master Bathroom: First; Second Laundry: First Pool Features: Fenced; Gunite Concrete; Inground; Saltwater Pantry: First Security Features: Carbon Monoxide Detector; Smoke Detector(s) Parking Features: Additional Parking; Deeded; Driveway; Garage; Garage Attached; Garage Door Opener Association Amenities: Other – See Remarks Rooms: Balcony; Bedroom; Deck/Patio; Full Bathroom; Half Bathroom; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom; Pantry Special List Prov: Home Owners Association Utilities: TV Cable; Electricity – Connected; Natural Gas – Available; Natural Gas – Connected; Public Sewer – Connected; Water Connected Present Zoning: Resid Single Family

Room Information

Living Room Level: First Dimensions: 18 x 15 Length: 18.00 Width: 15.00 Dimensions: 18 x 15 Kitchen Level: First Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Master Bedroom Level: First Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Dimensions: 16 x 14 Master Bathroom Level: First Dimensions: 10 x 10 Length: 10.00 Width: 10.00 Dimensions: 10 x 10 Laundry Level: First Dimensions: 8 x 8 Length: 8.00 Width: 8.00 Dimensions: 8 x 8 Master Bedroom Level: Second Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Dimensions: 16 x 14 Master Bathroom Level: Second Dimensions: 10 x 10 Length: 10.00 Width: 10.00 Dimensions: 10 x 10 Bedroom Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Bedroom Level: Second Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Bedroom Level: Second Dimensions: 16 x 12 Length: 16.00 Width: 12.00 Dimensions: 16 x 12 Full Bathroom Level: Second Half Bathroom Level: First Balcony Level: Second Deck/Patio Level: First Pantry Level: First
Listing Office: Beachy Beach Real Estate
Last Updated: September – 23 – 2024
Information deemed reliable but not guaranteed.