Coastal Vibes Luxury Beach Group

Coastal

117 Rose Lane

Panama City Beach , FL 32413

MLS#: 766542

$1,290,000

Status: Closed
Listing number: 766542
Listing provided by: Keller Williams Success Realty
Listing agent phone: None
Last update: a month ago
On site: 1 year, 1 month ago
Browse Properties
Laguna Beach Estates 1st Add - Residential

Property

Beds

6

Full Baths

4

1/2 Baths

1

Year Built

1950

Sq.Footage

N/A

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists. Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach. The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024) The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment. With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market. 2025 (as of 2/1) $157.8k Total $153.7k Net Total $128.1k Total Rent Only

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    4

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Fireplace(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Other Exterior Features

    Fire Pit, Outdoor Shower

  • Patio and Porch Features

    Patio, Enclosed

  • Pool

    Yes

  • Pool Features

    Electric Heat, In Ground, Salt Water, Private

Area & Lot

  • Lot Size(acres)

    0.21

  • Property Type

    Residential

  • Architectural Style

    Coastal

Price

  • Sales Price

    $1,290,000

  • Tax Amount

    9571.0

  • Zoning

    Resid Single Family

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Accessibility Features

    Accessible Approach with Ramp

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Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Kelly Flanagan , Keller Williams Success Realty

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Agent Coastal Vibes Main Office

Sales Team

Coastal Vibes Main Office

Call Coastal Vibes today to schedule a private showing.

(850) 775-8774

(804) 832-4459

support@coastalvibeslux.com


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CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists. Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach. The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024) The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment. With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market. 2025 (as of 2/1) $157.8k Total $153.7k Net Total $128.1k Total Rent Only

117 Rose Lane

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