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103 Deluna Place

Panama City Beach, FL 32413
  • $7,175,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 937525
UPDATED: 134 min ago
$7,175,000
  • 20
    BEDS
  • N/A
    ACRES
  • 20
    BATHS
  • 5
    1/2 BATHS
  • 12,421
    SQFT
  • $578
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
2023
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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!

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Vendor Member number: 28178. Data last updated: 2024-02-24T00:04:36.097.
Vendor Member #28178.
www.corcoranreverieproperties.com/homes/145626890
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103 Deluna Place Panama City Beach, FL 32413

  • Price: $7,175,000
  • Status: Active
  • On Site: 85 Days
  • Updated: 134 min ago
  • MLS #: 937525
20
Beds
20
Baths
5
½ Baths
N/A
Acres
12,421
SQFT
$578
$/SQFT
2023
Built
Neighborhood:
Deluna Place Townhomes
County:
Bay
Area:
Bay County
Elementary School:
West Bay
Middle School:
Surfside
High School:
Arnold
Property Description
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!
Exterior Features

Architectural Style Contemporary Attached Garage YN Yes Carport Spaces 10 Carport YN Yes Construction Materials ConcreteBlockFrameRoof Composite ShnglSiding EIFS Covered Spaces 10 Exterior Features BalconyFenced Lot-PartPatio CoveredPool - HeatedPool - In-GroundSprinkler System Lot Features Within 1/2 Mile to Water Parking Features GarageCarportCovered Pool YN Yes Road Frontage Type County Road View Gulf

Interior Features

Appliances CooktopDishwasherDisposalFire Alarm/SprinklerMicrowaveOven Self CleaningRange HoodRefrigeratorSmoke DetectorStove/Oven Dual FuelWarranty Provided Cooling Ceiling Fan(s)Central Air Cooling YN Yes Heating Central Heating YN Yes Interior Features Floor LaminateFloor TileFurnished - NoneKitchen IslandLighting RecessedNewly PaintedOwner's ClosetWasher/Dryer HookupWindow Treatmnt None Rooms Total 20

Property Features

Association Fee Includes AccountingGround KeepingLegalManagementServicesSewerWaterTrash Association YN Yes Community Features Pets AllowedPool Green Energy Efficient Doors New Construction YN No Pool Type Community Property Condition Construction Complete Property Sub Type Attached Single Unit Utilities Community SewerCommunity WaterElectricGas - NaturalLift StationPhoneTV Cable Zoning CommercialResid

Listing courtesy of Scenic Sotheby's International Realty: 850-231-6052.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Vendor Member number: 28178. Data last updated: 2024-02-24T00:04:36.097.
Vendor Member #28178.
 
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