2520 Albert Ave, Panama City Beach, FL 32408
$289,990 - Single Family
Additional Details
- Important Details: --> POOL home! --> 30-day post-closing occupancy w/ $10k holdback
- Features: POOL home in Panama City Beach! This 3 bedroom, 2 bathroom pool home features 1,880 sqft of living space, an attached 2-car garage, a detached man cave/she shed, and a cabana by the in-ground pool. Located in Point Royal neighborhood on a 0.19-acre lot. Only minutes to the public beach access points and St. Andrews State Park. Don't miss out on this rare deal!
- Potential ARV: $400,000 - $425,000
- Rehab Description: For a flip or rental, this needs minor cosmetic updates. The entire interior was completely renovated along with electrical and roof replacement with permits in 2016. Start with a trash out then deep clean and apply fresh interior paint throughout. Update some trim/fixtures. Replace the central HVAC and do some landscaping to boost appeal Optionally, update the man cave/she shed and cabana in the backyard.
- Estimated Rehab: $12,000 - $30,000
- Comparable Rent: $2,600
- Ideal Investment Strategy: Rental/Resale
- Construction: Frame
- Comp 1: 220 Hidden Pines Dr, Panama City Beach, FL 32408 3/2, 1614 sqft SOLD $420k in APRIL (1996 build, dated, pool, different neighborhood)
- Comp 2: 426 Brady Way, Panama City Beach, FL 32408 3/2, 1535 sqft SOLD $404k (2003 build, partially updated, pool, different neighborhood)
- Comp 3: 2606 Dade Ave, Panama City Beach, FL 32408 3/2, 1797 sqft SOLD $420k in FEBRUARY (1985 build, updated, same neighborhood, NO POOL)
- Comp 4: 2525 Redwood St, Panama City Beach, FL 32408 3/2, 1656 sqft SOLD $385k in AUGUST (1979 build, updated, NO POOL, across Thomas Dr)
- Comp 5: 6719 Broward St, Panama City Beach, FL 32408 3/2, 2000 sqft SOLD $360k in MAY (1976 build, dated, same neighborhood, NO POOL)
- Comp 6: 5803 Magnolia Beach Rd, Panama City Beach, FL 32408 3/2, 1832 sqft SOLD $345k in MARCH (1966 build, partially updated, same neighborhood, NO POOL)