Vacation Rental Machine in Panama City Beach, FL!

$4,600,000
6
6
3,448
sq. ft.
$1,334
per sq ft
Heated sq ft: 3,448 sq ft
Avg Nightly Rate: $0
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : 470000
Annual Net Operating Income : 390000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Beach
New Construction: Yes
Days on Vrolio: 286

Property Description

Already crazy rental numbers and tons of future bookings. Make this your next beach front investment!! An Architectural Masterpiece Completed in Spring of 2022, this exquisite beachfront residence by Holiday Beach Development is a magnificent architectural masterpiece. With its array of luxurious amenities and gracious accommodations for up to 14 guests, this opulent haven is the pinnacle of coastal living. Upon entering the premises, you are greeted by a tastefully appointed full bathroom, one of two laundry rooms, and direct access to the enchanting private beachfront pool and deck area. The main living and dining area seamlessly merge with the impeccably designed kitchen, creating the epitome of coastal indulgence. The first bedroom is a haven of comfort, while a fully furnished beachfront balcony provides an idyllic vantage point overlooking the majestic Gulf of Mexico. Ascend to the third floor to discover the second laundry room and three resplendent bedrooms, including the beachfront king master suite with a private en-suite and a serene, private balcony that invites you to savor breathtaking ocean vistas. Finally, the fourth floor unveils two additional bedrooms and a captivating recreational room, adorned with access to a splendid balcony. This extraordinary beachfront abode epitomizes sophistication and luxury, promising an unparalleled experience for those seeking the pinnacle of coastal living. To learn more about this magnificent property, please contact us today. ASK FOR EXAMPLE CASH FLOW SHEET!

Presented by:
Agent:
Emerald Coast
Emerald Coast Beach Homes
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
March, April, May, June, July, August, September, October
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
inquire
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
470000
Net Operating Income
390000
Stories
4
Additional Indoor Rooms
Attached Garage for 1 car
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Real Hardwood, Tile
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Year built
2022
Outdoor Features
Inground Pool, Porch - Not screened, Other
View
Beach
Backyard Exposure
South
Lot Size
0.08 acres
Community Features
Tax Amount/Year
Inquire
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
Attached garage and driveway.
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$0.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
inquire
 
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Credit Card Fee
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Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
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Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
Inquire
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
Inquire
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
Inquire
Homeowner's Insurance (Annual)
Inquire
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Emerald Coast Beach Homes, 850-749-4931

The information featured here is supplied by third party resources. In some cases the owner directly will supply the data and in other cases third party listing sources. While we do everything in our power to ensure the information is as accurate as possible but we can in no capacity, guarantee the information sourced here is 100% accurate. All users should do their own due diligence and further research before engaging in a property purchase based on the data and information provided here. It is deemed reliable but not guaranteed. In many cases the information may not be verified further than the source that provided it to us. This includes all data and information shown about the properties, locations, regulations and any other details found here. Vrolio does not own, manage and is not in any way associated with in a real estate transaction capacity any of the properties shown here. Images are subject to copyright from owner and photographer. We do not own any of the images provided here. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in a property.