640 W Caladium Circle Unit C, Panama City Beach, FL 32413

Property Description

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Meet this NEW and IMPROVED SENSATIONAL townhome in Open Sands. It's lean, its clean and its a CASH MACHINE!!! The recent improvements involves a new HVAC system, new flooring, paint, new staircase with rail, new decor, and new furnishing increasing the rental potential so much greater!!! Discover your ideal investment or first home with this newly RENOVATED and FULLY-FURNISHED townhome, just one block from the stunning beaches of Panama City Beach. This property is a proven rental powerhouse, generating $56,000 annually with an impressive 15% return on investment. With no HOA fees and eligibility for FHA loans, it offers exceptional value and flexibility. This two-story townhome features 2 cozy bedrooms and 1.5 bathrooms across 1,327 sq. ft., with 1,088 sq. ft. of heated living space. Recent updates include a new roof in 2020, HVAC updated in 2024, freshly painted exterior, and brand new furniture throughout — making it truly move-in or rental ready. The interior boasts modern stainless steel appliances, granite countertops, travertine backsplash, track light fixtures, tile flooring, and vinyl plank flooring. A quaint wood fence ensures privacy, while the practical driveway and walkway enhance curb appeal. Imagine living just 700 feet away from the ocean, where you can hop on your golf cart and explore the vibrant Panama City Beach area. Whether you're looking for a lucrative investment or a delightful first home, this property offers the best of both worlds. Seize this opportunity to own a piece of paradise. Contact us today to schedule a viewing and make this beachside gem yours!