2712 Banyan St, PANAMA CITY BEACH, FL

$599,000

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3

Beds

2

Baths

2,384

Square feet

0.18

Acres

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 otherside of this fantastic duplex, presents an exciting opportunity for customization and value addition. The seller is offering a generous $5,000 allowance to assist in updating and transforming this unit into a stunning living space, matching the elegance of Unit B. 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!

Legal Description

TREASURE COVE LOT 1 BLK 14 ORB 4049 P 968

Features of 2712 Banyan St

MLS® # 943453
Price $599,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 2,384
Acres 0.18
Year Built 1985
Type Attached Single Unit
Sub-Type Attached Single Unit
Style Duplex
Status Active

Community Information

Address 2712 Banyan St
Area Bay County
Subdivision TREASURE COVE
City PANAMA CITY BEACH
County BAY
State FL
Zip Code 32408

Amenities

Utilities Electric Available, Phone Available, Public Sewer Available, Public Water Available
Is Waterfront No
Has Pool No

Interior

Interior Features Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Cathedral, Lighting Recessed
Appliances Dishwasher, Disposal, Dryer, Refrigerator, Stove/Oven Electric, Washer
Heating Heat: Central Electric
Cooling A/C: Central Electric
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Siding CmntFbrHrdBrd
Exterior Features Fenced Back Yard, Porch Covered

School Information

Elementary PATRONIS
Middle Surfside
High ARNOLD

Additional Information

Zoning Residential Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeCounts Real Estate Group Inc

Price History for MLS #943453

Date Details Change
Price Reduced from $609,000 to $599,000 $10,000 (1.64%)

For more information call

(850) 325-0004

Listing Map

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