7315 Beach Drive, Panama City Beach, FL 32408

Property Description

UNDER CONTRACT, SELLER ACCEPTING BACK UP OFFERS. ***ATTENTION! INVESTOR SPECIAL ONLY TWO BLOCKS FROM THE BEACH!***NO HOA! Are you interested in a beachside flip or personal remodel? It's all about the location with this three story beach house in Short Term Rental Zoning just two Blocks to Rick Seltzer Beach Park, next door to FINNS Island Style Grub & Barista, about a mile from Schooner's Last Local Beach Club, and within two miles of St. Andrews State Park! This duplex features a single family style home on the upper two floors and a studio style 1 BR apartment on the first floor. All new siding and metal roof replaced in 2019! The main home is up the staircase and boasts a large front & back deck replaced in 2014 with peak-a-boo views of the Gulf. The property is in need of some cosmetic updating, but there is so much potential for the right buyer! Upon entering the home, you'll find a spacious open floor plan with the kitchen, dining and living room. The kitchen has great cabinet storage and countertop space with stainless refrigerator, stove/oven. Full bathroom on main level with two bedrooms and sliding door balcony access from each bedroom. Upstairs are two additional bedrooms with the main master having views of the Gulf of Mexico! There is potential to add another bathroom upstairs. The first level apartment has a living room with storage closet, a kitchenette with sink, refrigerator, microwave and plenty of room to add additional cabinetry, and 1 bedroom/1 bathroom. This home has amazing potential to generate serious rental income! Awesome back yard with plenty of covered porch area below the balcony, above ground pool, TONS of storage in the 1 car garage that is the depth of the home and extra storage on the back side of the home! There is potential to expand the downstairs apartment into more bedrooms and living/entertaining space or use for storing your golf cart and water sport toys! The nearest boat ramp is just a few blocks away and is a huge draw for boaters in our area. This is truly a unique opportunity to own a beach house with character. A little love will go a long way with this property. Please call your favorite Realtor or contact us today for your personal showing!