423 Kelly Street, Panama City Beach, FL 32413

$499,999
  • 423 Kelly Street, Panama City Beach, FL 32413 Main Photo

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Active
BEDS3 BATHS2 full SQUARE FEET1,200 MLS#788212
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONKiska Beach 1st Add

Property Description

Back on the market--no fault of the seller--offering a second chance to secure this incredible beach investment opportunity. Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short-term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around often--especially at this price point.

423 Kelly Street | MLS# 788212

This single family home located at 423 Kelly Street, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $499,999. This property was built in 1983 and has 3 bedrooms and 2 full baths with 1200 sq. ft. Kelly Street is located in the Kiska Beach 1st Add subdivision. Search Kiska Beach 1st Add real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Single Family
Home Style: Bungalow
Lot Size: 0.13 Acres
Taxes: $4,388
Year Built: 1983

Feature Descriptions

Community Features: Short Term Rental Allowed
Days on Site: 53
Lot Dimensions: 50 x 112
Parcel#: 36065-009-000
Utilities: Cable Connected

Room Sizes

Bedroom: 11 X 11 Level - First
Bedroom: 11 X 11 Level - First
Primary Bedroom: 14 X 21 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

Listed By / Shown By

Listed By

Agency Name: Luxe Coastal Realty Group LLC

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 1,624.28 per month $1,112.78 Principal & Interest $365.67 Property Tax $145.83 Homeowner's Insurance

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