Active

103 DeLuna Place

Panama City Beach FL, 32413

$6,675,000


Active

20 Beds

25 Baths

Land

Built in 2023

Unlock a golden investment opportunity with this exclusive townhome development in the heart of Panama City Beach, Florida! Introducing a five-unit project that not only offers the allure of coastal living but also promises lucrative returns on your investment. Current projections are pushing up to 700k in potential rental revenue.

Each townhome boasts 4 bedrooms and 4 bathrooms, providing spacious and luxurious accommodation for residents and guests alike. The open floor plan seamlessly connects living, dining, and kitchen areas, creating an inviting space perfect for both relaxation and entertainment.

Embrace the allure of gulf views that grace each residence, offering a visual feast of the breathtaking surroundings. High-end GE Monogram appliances adorn the kitchens, elevating the culinary experience for residents and ensuring the appeal for potential renters. Current gross projections are

Solid core doors and vertical concrete construction add a touch of sophistication and privacy throughout, creating a sense of exclusivity in each unit. The heated community pool becomes a year-round attraction, enhancing the overall appeal for tenants seeking a resort-like experience.

For those with an eye on investment, the entire project offers an excellent opportunity for rental income. Strategically located across the street from the beach, these townhomes are poised to attract vacationers and long-term renters alike. Rental projections currently show this development could push up to $700,000 in potential rental revenue.

Parking is a breeze with a two-car garage for each unit, providing convenience for residents and adding to the property's overall desirability. Elevate the appeal further by offering the option for an elevator, ensuring accessibility for all potential tenants.

Seize the chance to own not just a single property but an entire investment project in one of Florida's most sought-after locations. With proximity to the beach, upscale amenities, and a focus on maximizing rental potential, these townhomes present a compelling investment package. Don't miss out on securing your stake in this coastal gem - schedule a comprehensive tour today and witness the potential returns awaiting you in this prime Panama City Beach development!

937525

MLS ID

November 30, 2023

Listed

June 10, 2024

Updated

Map

103 DeLuna Place
Panama City Beach FL, 32413

Exterior/Building Features

Exterior Features

Balcony, Fenced Lot-Part, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System


Lot Features

Within 1/2 Mile to Water


Architectual Style

Contemporary

School Information

High School

Arnold


Elementary School

West Bay

Other Property Details

Area Name

27 - Bay County


Days on Market

193


Association Fee

Not Listed


Garage

Yes


Garage Spaces

10


Parking

Garage, Carport, Covered


View

Yes


View Description

Gulf


County

Bay


Pool

Yes


Pool Features

Pool Type


Zoning

Commercial, Resid

Listing History

Date

Event

Price

4/10/2024

Price Change

$6,675,000

-7%

1/25/2024

Price Change

$7,175,000

-4%

Courtesy of Scenic Sotheby's International Realty, Blake C Jones,
Listing Contact: 850-714-4252 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Haven Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 12:06 PM UTC, 6/10/2024

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