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  • Price$6,675,000
  • Beds20
  • Baths25
  • SQ. Feet12,421
  • Acres0.34
  • Built2023

103 Deluna Place, Panama City Beach

Unlock a golden investment opportunity with this exclusive townhome development in the heart of Panama City Beach, Florida! Introducing a five-unit project that not only offers the allure of coastal living but also promises lucrative returns on your investment. Current projections are pushing up to 700k in potential rental revenue.Each townhome boasts 4 bedrooms and 4 bathrooms, providing spacious and luxurious accommodation for residents and guests alike. The open floor plan seamlessly connects living, dining, and kitchen areas, creating an inviting space perfect for both relaxation and entertainment.Embrace the allure of gulf views that grace each residence, offering a visual feast of the breathtaking surroundings. High-end GE Monogram appliances adorn the kitchens, elevating the culinary experience for residents and ensuring the appeal for potential renters. Current gross projections are Solid core doors and vertical concrete construction add a touch of sophistication and privacy throughout, creating a sense of exclusivity in each unit. The heated community pool becomes a year-round attraction, enhancing the overall appeal for tenants seeking a resort-like experience.For those with an eye on investment, the entire project offers an excellent opportunity for rental income. Strategically located across the street from the beach, these townhomes are poised to attract vacationers and long-term renters alike. Rental projections currently show this development could push up to $700,000 in potential rental revenue.Parking is a breeze with a two-car garage for each unit, providing convenience for residents and adding to the property's overall desirability. Elevate the appeal further by offering the option for an elevator, ensuring accessibility for all potential tenants.Seize the chance to own not just a single property but an entire investment project in one of Florida's most sought-after locations. With proximity to the beach, upscale amenities, and a focus on maximizing rental potential, these townhomes present a compelling investment package. Don't miss out on securing your stake in this coastal gem - schedule a comprehensive tour today and witness the potential returns awaiting you in this prime Panama City Beach development!

Essential Information

  • MLS® #749760
  • Price$6,675,000
  • Bedrooms20
  • Bathrooms25.00
  • Full Baths20
  • Half Baths5
  • Square Footage12,421
  • Acres0.34
  • Year Built2023
  • TypeResidential
  • Sub-TypeMulti Family
  • StatusActive

Amenities

  • UtilitiesCable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available
  • ParkingAttached Carport, Attached, Garage
  • # of Garages10
  • GaragesAttached Carport, Attached, Garage
  • ViewGulf
  • Has PoolYes
  • PoolFenced, Gunite, Gas Heat, In Ground, Private, Community, Pool

Exterior

  • ExteriorBlock, Concrete, Synthetic Stucco, Wood Frame
  • Exterior FeaturesBalcony, Sprinkler/Irrigation, Pool, Porch
  • RoofShingle
  • ConstructionBlock, Concrete, Synthetic Stucco, Wood Frame
  • FoundationSlab

Additional Information

  • Date ListedNovember 30th, 2023

Community Information

  • Address103 Deluna Place
  • Area03 - Bay County - Beach
  • SubdivisionLaguna Beach
  • CityPanama City Beach
  • CountyBay
  • StateFL
  • Zip Code32413

Interior

  • InteriorLaminate, Tile
  • Interior FeaturesElevator, Kitchen Island, New Paint
  • AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater
  • HeatingCentral, Electric
  • CoolingCentral Air, Ceiling Fan(s)
  • # of Stories3

School Information

  • ElementaryWest Bay
  • MiddleSurfside
  • HighArnold

Listing Details

  • Listing OfficeScenic Sotheby's International Realty

Price Change History for 103 Deluna Place, Panama City Beach, FL (MLS® #749760)

Date Details Price Change
Price Reduced $6,675,000 $500,000 (6.97%)
Price Reduced (from $7,425,000) $7,175,000 $250,000 (3.37%)
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DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service