16908 Innocente Avenue, Panama City Beach, FL 32413

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List Price
$995,000
MLS#
793916
Bedrooms
6
Bathrooms
5
Full-baths
4
Half-baths
1
Acres
0.22
Lot Size
9,583
Subdivision
El Centro Beach
Year Built
1967

Property Description

This massive single-family estate, currently operating as the high-performing ''Mighty Paradise'' (with $170K+ in rental history) offers an incredible investment opportunity just two blocks from the beach and one mile from Pier Park. Designed for maximum occupancy and versatility, the property features a sprawling layout that sleeps up to 24 guests, making it a favorite for large groups and reunions. Renovations include a fully remodeled kitchen, fresh interior paint, and a resurfaced 16x32 heated saltwater pool, ensuring a turnkey experience for the next owner. Beyond the main living areas, the property distinguishes itself with a dedicated game room equipped with billiards, foosball, and air hockey, plus a private hot tub for ultimate relaxation. Uniquely designed with separate guest quarters that include a second full kitchen and private patio, this estate offers rare flexibility for multi-generational families or groups seeking privacy. With no HOA and a proven history of rental success, this is a standout asset in the PCB market.

Additional Information

Pool
Yes
Interior Features
Tub Shower
Lot Dimensions
80.0 ft x 120.0 ft
Appliances
Electric Cooktop, Electric Oven, Electric Range
Elementary School
Hutchison Beach
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.