422, Wahoo Road, Panama City Beach, Bay County, Florida, 32408, United States
$474,990 - Single Family
Additional Details
- Important Details: --> POOL home --> VACANT at closing --> HOA $1,600/year --> No rental restrictions --> 0.42-acre lot
- Features: Rare, TURNKEY pool home in Panama City! This property features a conforming 3/2 layout with a spacious 2,600 sqft of living space, a large in-ground pool, attached 2-car garage, and high ceilings. Ideal for property for Airbnb, long-term rentals, or a quick flip. Situated minutes away from the beach in a gated community. Don't let this one slip away!
- Potential ARV: $585,000 - $615,000
- Rehab Description: Turnkey property with 2023 updates to the kitchen, bathrooms, flooring, windows, and HVAC. Property has been well-maintained and needs nothing more than a possible trash out and deep clean. Roof is in good working order and pool was resurfaced in 2020.
- Estimated Rehab: $2,500 - $7,000
- Ideal Investment Strategy: Rental/Resale
- Comparable Rent: $2,800
- Construction: CBS
- Comp 1: 231 Marlin Cir, Panama City Beach, FL 32408 3/2, 2402 sqft Sold for $650k in NOVEMBER (1984 build, nice finishes, pool, driveway)
- Comp 2: 133 Marlin Cir Panama City Beach, FL 32408 3/2, 2212 sqft Sold for $600K in OCTOBER (1982 build, nice finishes, 2-car carport, back deck)
- Comp 3: 159 Marlin Cir Panama City Beach, FL 32408 3/3.5 3,041 sqft Sold fro $630K in JULY (1991 build, nice finishes, 2-car garage, no pool)
- Comp 4: 1008 Barracuda Dr Panama City Beach, FL 32408 3/2, 2380 sqft Sold for $570K in DECEMBER (1985 build, clean but dated, 2-car garage, no pool)
- Comp 5: 374 Wahoo Rd, Panama City Beach, FL 32408 4/3, 2850 sqft Sold $700k in NOVEMBER (1987 build, nice finishes, no pool, 2-car garage)
- Comp 6: 619 Amberjack Dr Panama City Beach, FL 32408 3/2, 2215 sqft Sold for $575K in JUNE (1987 build, nice finishes, pool, 2-car garage)
- Comp 7: 1020 Barracuda Dr, Panama City Beach, FL 32408 4/3, 2747 sqft Pending $719k (32 DOM) (1985 build, nice finishes, pool, 2-car garage)