Additional Details

• Contact: Chris Williams (954) 807-9154 - cwilliams@propertyforce.com
• Important Details: --> VACANT! --> Turnkey fully furnished Airbnb! --> No HOA! Steps from the beach!
• Features: Turnkey, fully furnished property just steps from the sugary white sand of the Gulf of Mexico in Panama City Beach! This 2-story, 2 bedroom, 1.5 bathroom townhouse features 1,252 sqft of living area, a private fenced backyard with artificial turf, and a spacious 2nd floor balcony. Property is being offered vacant, in pristine condition. Immediately start renting on Airbnb and VRBO and get upwards of $3K+ per month as a short-term rental! Get this RARE off-market deal before someone else does!
• Potential ARV: $390,000 - $400,000
• Rehab Description: Market-ready fully furnished Airbnb that needs little-to-no work. Roof, Central AC, electrical, and plumbing all in good working order. Interior freshly painted white throughout. Deep clean interior and steam carpets. Optionally, update appliances, fixtures, furniture, interior/exterior paint to your own liking.
• Estimated Rehab: $1,000 - $10,000
• Ideal Investment Strategy: Airbnb/Rental/Resale
• Comparable Rent: $2,500
• Construction: Frame
• Comp 1: 6215 Thomas Dr, Unit 113, Panama City Beach, FL 32408 (2/2, 1496 sqft) PENDING for $420K in FEBRUARY (1981 build, Clean rental condition, No private backyard, HOA)
• Comp 2: 5720 Beach Dr, Panama City Beach, FL 32408 (2/2.5, 1158 sqft) PENDING for $375K in MARCH (2000 build, Basic rental condition, Smaller balcony)
• Comp 3: 3913 Oriole St, Panama City Beach, FL 32408 (2/1.5, 1024 sqft) SOLD for $323K in DECEMBER (1983 build, Basic rental condition, Further from the beach)
• Comp 4: 6404 Thomas Dr, Apt 2, Panama City Beach, FL 32408 (2/2.5, 1330 sqft) SOLD for $309K in JANUARY (1982 build, Basic rental condition, Smaller backyard, HOA)
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab