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  • Price$6,675,000
  • Beds20
  • Baths25
  • SQ. Feet12,421
  • 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® #937525
  • Price$6,675,000
  • Bedrooms20
  • Bathrooms25.00
  • Full Baths20
  • Half Baths5
  • Square Footage12,421
  • Acres0.00
  • Year Built2023
  • TypeResidential
  • Sub-TypeAttached Single Unit
  • StyleContemporary
  • StatusActive

Amenities

  • AmenitiesPets Allowed, Pool, Short Term Rental - Allowed
  • UtilitiesCommunity Sewer, Community Water, Electric Available, Gas - Natural, Lift Station, Phone Available, TV Cable Available
  • Parking Spaces10
  • ParkingCarport, Covered, Garage, Garage: Attached
  • # of Garages10
  • Has PoolYes
  • PoolPool - Heated, Pool - In-Ground, Community

Exterior

  • ExteriorBlock, Concrete, Frame, Roof Composite Shingle, Siding EIFS
  • Exterior FeaturesBalcony, Fenced Lot-Part, Patio Covered, Pool - Heated, Pool - In-Ground, Sprinkler System
  • Lot DescriptionWithin 1/2 Mile Of Water
  • RoofBlock, Roof Composite Shingle
  • ConstructionFrame

Additional Information

  • Days on Website165
  • ZoningCommercial, Residential Multi-Family
  • HOA Fees0.00

Community Information

  • Address103 Deluna Place
  • AreaBay County
  • SubdivisionDeLuna Place Townhomes
  • CityPANAMA CITY BEACH
  • CountyBAY
  • StateFL
  • Zip Code32413

Interior

  • Interior FeaturesFloor Laminate, Floor Tile, Furnished - None, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Washer/Dryer Hookup, Window Treatmnt None
  • AppliancesCooktop, Dishwasher, Disposal, Fire Alarm/Sprinkler, Microwave, Oven:Self Cleaning, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Dual Fuel, Warranty Provided
  • HeatingHeat: Central Electric
  • CoolingA/C: Central Electric, Ceiling Fans
  • # 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® #937525)

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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