Description
5012 Gulf Drive,
#1,
Panama City Beach,
FL
32408
**Investment Opportunity: Beachside Quadplex**SELLER WILL SELL 2 0R 3 UNITS EACH UNIT HAS ITS OWN PARCEL IDDiscover a prime investment opportunity with this turnkey quadplex, perfectly situated across a quiet street from the beach and directly at the public access. This multifamily complex is not just a property; it's a lucrative rental machine with a proven track record of success, boasting 5-star reviews on Airbnb.- **Four Units, Each with 2 Bedrooms and 2 Full Baths:** Ideal for attracting vacationers and long-term renters alike.- **Amenities:** Enjoy a refreshing pool and the convenience of no HOA fees, maximizing your investment returns.- **Recent Upgrades:** All-brick construction with two layers of elastomeric stucco and paint, plus a brand-new 2024 standing seam metal roof. Water heaters replaced in 2021 and modernized windows and doors ensure low maintenance.- **Modern Interiors:** Updated LVP flooring with thicker rubber backing for durability and comfort.- **Proven Rental Success:** This property consistently generates strong rental income, supported by its stellar 5-star Airbnb reviews from satisfied guests.- **Ample Parking:** A spacious lot with 10 designated spots (2 per unit), plus additional space for vendors or overflow.This property requires minimal upkeep with no grass or lawn service, making it an attractive option for hassle-free ownership. Financials are available upon request. Don't miss this chance to own a profitable condo complex while avoiding rising HOA fees and assessments. Invest in your future today! Seller is willing to sell only two units inquire if Intrested.
This is an Active listing.
Broker Office Phone Number: 888-668-8283
Copyright © 2025Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Dishwasher
- Refrigerator
- Dryer Included
- Washer / Dryer
- Metal Roof
Listing By: Dalton Wade Inc via Data Source: Central Panhandle Association of REALTORS
Price History
date | price | variance | type |
---|
12/16/2024 | $1,900,000 | - | Listed |
listing agent: Sandi Smith