2712 Banyan Street, Panama City Beach, FL 32408

$550,000
6
BD
4
BA

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Sold Price
$550,000
List Price
$589,000
Closing Date
Jul 29, 2024
MLS#
752748
Bedrooms
6
Bathrooms
4
Full-baths
4
Subdivision
Treasure Cove
Year Built
1985

Property Description

Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests. Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors. Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. Imagine the potential returns once both units are optimized to their fullest potential! Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property. Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!

Additional Information

Lot Dimensions
75X100
Appliances
Washer/Dryer Stacked, Electric Oven, Electric Range
Elementary School
Patronis
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.