4120 Nancee Drive, Panama City, FL 32408

Property Description

EXCEPTIONAL VALUE ALERT Repriced for immediate sale, this elegant Mediterranean-style beach home presents an outstanding opportunity on the Emerald Coast. Located just 75 feet from the sugar white sand with Gulf views from multiple balconies, this spacious 3-story property is being offered FULLY FURNISHED and TURNKEY with $215,000 in 2025 rental income and future bookings transferable to the new owner. Featuring 7 bedrooms, 4 full baths, and approximately 3,451 square feet, this thoughtfully designed home offers flexibility for personal use, large groups, or vacation rental investment potential. Interior features include soaring 10-foot ceilings, custom cabinetry, granite countertops, stainless steel appliances, commercial-grade tile flooring, and abundant natural light throughout. Designed with functionality in mind, the property includes TWO full kitchens, TWO laundry areas, and a lockout configuration ideal for maximizing occupancy and rental versatility. Spacious indoor and outdoor living areas provide ample room for entertaining and relaxing after a day at the beach. Outdoor highlights include a PRIVATE HEATED POOL, expansive balconies with Gulf views, covered patio spaces, and ample parking with a 2-car garage plus 5 additional driveway parking spaces. Low annual HOA dues add to the appeal of this exceptional coastal property. Whether you're searching for a primary residence, second home, or income-producing beach investment, this turnkey property offers space, location, and exceptional value in the heart of Panama City Beach.