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103 DeLuna Place

#749760

RES

20/22.5

Built in 2023

$6,675,000

Details

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!
GENERAL
Real Estate Type RES
Full Bathrooms 20
Half Bathrooms 5
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Lot Size 0
Real Estate Sub Type MultiFamily
Square Feet 12,421
Stories 3
Year Built 2,023
Lot Size Area 0
Agent Key 22,658,700
Agent MLS Id B12130
Office Key 906,536
Source System Id TRESTLE
Office Phone (850) 231-6052
Agent Url http://www.https://jones.scenicsir.com/
Elevation 0
Parcel Number Assigned at Closing - 101 & 103 DeLuna Place Units
Number Of Units Total 0
Tax Legal Description Located on attached survey.
Special Listing Conditions ListedAsIs
Internet Address Display True
Internet Automated Valuation Display True
Agent Name Blake Jones
Agent Email [email protected]
Agent Cell (850) 714-4252
Agent Office (850) 231-6052
Broker Id BSRC
Office Name Scenic Sotheby's International Realty
Listing Contract Date 11/30/2023
Status Active
Days On Market 1
Lot Size Dimensions 28 x 50
BUILDING
Construction Block
Concrete
SyntheticStucco
WoodFrame
Cooling CentralAir
CeilingFans
Heating Central
Electric
Roof Shingle
Appliances Dishwasher
ElectricOven
GasCooktop
GasRange
Microwave
Refrigerator
RangeHood
TanklessWaterHeater
Flooring Laminate
Tile
Fireplace False
Parking Total 0
Parking Features AttachedCarport
Attached
Garage
Security Features Prewired
FireAlarm
FireSprinklerSystem
SecuredGarageParking
SmokeDetectors
SecuritySystem
Utilities CableAvailable
ElectricityAvailable
NaturalGasAvailable
HighSpeedInternetAvailable
SewerAvailable
WaterAvailable
Patio And Porch Features Balcony
Covered
Porch
Private Pool True
Spa False
Interior Features Elevator
KitchenIsland
NewPaint
Exterior Features Balcony
SprinklerIrrigation
Pool
Porch
LOCATION
Subdivision Laguna Beach
View Gulf
Directions Located at the corner of DeLuna Place and Front Beach Road.
County Bay
Waterfront False
SCHOOLS
Elementary School West Bay
Middle School Surfside
High School Arnold

Questions