129 Linda Marie Lane, Panama City Beach, FL 32407

List Price
Sq. Ft
Gulf Highlands Beach Resort
Year Built

Property Description

START EARNING INVESTMENT INCOME in just a few weeks with this TURN-KEY, FULLY FURNISHED property just 60 STEPS from the nearest pool! As a highly desirable 3-bedroom, 2.5-bathroom (plus a BONUS ROOM) END UNIT, 129 Linda Marie Lane is primed for substantial rental income. The property measures 1,436 sq ft according to its last appraisal and features a new (2023) HVAC unit. Seize the opportunity to convert this exceptional property into an income-generating short term rental before year-end and you may qualify for an impressive 80% BONUS DEPRECIATION (consult your CPA for personalized advice). The kitchen features a Frigidaire refrigerator, dishwasher, and 5-burner gas stove. The GE washer and Kenmore dryer both convey with the sale as do the microwave and Mr. Coffee coffee maker, all utensils, pots, pans, and beach gear. There is LVP flooring in all three bedrooms hall, and stairs and tile in both full baths. PROPERTY HIGHLIGHTS INCLUDE--END-UNIT ADVANTAGE: This property enjoys added light, privacy, and a larger livable footprint due to its enclosed patio and balcony. The 18' x 7' patio give a terrific view of the community amenities while also offering private entertaining space. SPACIOUS LAYOUT: The open-concept living/dining/ kitchen gives ample room for relaxation. INCOME POTENTIAL: Positioned in the heart of Panama City Beach at the very popular Gulf Highlands townhome community, this property is estimated to yield a gross rental income of $45,000 - $50,000 annually, making it a lucrative investment (estimated to bring more than 10% of its purchase price in gross rental income). ACCESSIBLE FUN: The Gulf Highlands mini-golf course is conveniently located just outside your back door, providing endless entertainment for guests and family. RESORT-LIKE AMENITIES: Access one of the community's ELEVEN SWIMMING POOLS just five doors away, providing a resort-style experience for your guests. COMMUNITY PERKS: Tennis, shuffleboard, and pickleball round out the community attractions. There's even a community room located next to the BEACHFRONT SWIMMING POOL. PRIME LOCATION: Panama City Beach offers an array of amenities and nearby attractions to ensure a memorable stay for guests. Guests will appreciate the proximity to the local water park, trampoline jump, arcade, bowling alley, skating rink, and of course THE BEACH, easily accessible from Front Beach Road, Hutchinson Blvd., and Hwy 98. INVESTOR'S DREAM: Whether you're a seasoned investor or new to the short-term rental market, this property promises an attractive return on investment and an opportunity to build wealth through real estate. Act promptly to secure your piece of paradise and embark on a lucrative short-term rental venture. Contact your favorite investment-savvy agent today for more details and to schedule a viewing.

Additional Information

Hoa Fee
Hoa Fee Freq
Interior Features
Breakfast Bar, Storage, WindowTreatments
Lot Dimensions
25 x 82
Gulf Highlands Beach Resort/Condos
Dryer, Dishwasher, Freezer, Gas Range, Microwave, Refrigerator, Washer
Elementary School
Hutchison Beach
Middle School
High School

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of EXP Realty LLC.