16817 Lisbon Avenue, Panama City Beach, FL 32413

$575,000
4
BD
3
BA

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Sold Price
$575,000
List Price
$625,000
Closing Date
Feb 29, 2024
MLS#
749615
Bedrooms
4
Bathrooms
3
Full-baths
3
Acres
0.32
Lot Size
13,939
Subdivision
El Centro Beach
Year Built
2000

Property Description

Incredible opportunity. The only parcel in this entire El Centro area that is zoned for allowance of VACATION RENTALS. This fabulous property has a nice sized home plus an additional lot to build an additional vacation rental property. Note that the City of Panama City Beach states the lots cannot be divided and sold separately The main house has 3 bedrooms and 2 bathrooms plus a separate efficiency apartment. Adjoining the home parcel is an additional lot and all nestled in a corner totally private fenced in area. Large lots allow for plenty of room for a nice sized private pool and a perfect covered area to set up the perfect outdoor kitchen and gathering area. THIS IS THE SPOT with a short walk to dedicated Beach accesses. This is the only parcel that the City had approved for Vacation rentals over 20 years ago. VERIFIED with the City of Panama City Beach. This property is priced right for this rare opportunity. Don't wait too long as it will not last. OH YEAH, did I mention it is a 10 minute walk to PIER PARK. The home needs some modernizing but is in very good overall condition. It is going to need new flooring.

Additional Information

Stories
1
Lot Dimensions
110' x125'
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Counts Real Estate Group Inc. Selling Office: Keller Williams Success Realty.