2712 Banyan St, PANAMA CITY BEACH

$599,000

3 Beds
2 Baths
2,384 Sqft
.18 Acres
0 Garages

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!

Essential Information
MLS® #943453
Price$599,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage2,384
Acres0.18
Year Built1985
TypeResidential
Sub-TypeAttached Single Unit
StyleDuplex
StatusActive
Community Information
Address2712 Banyan St
AreaBay County
SubdivisionTREASURE COVE
CityPANAMA CITY BEACH
CountyBAY
StateFL
Zip Code32408
Utilities

Electric Available, Phone Available, Public Sewer Available, Public Water Available

Interior
HeatingHeat: Central Electric
CoolingA/C: Central Electric
# of Stories1
Interior Features

Breakfast Bar, Built-In Bookcases, Ceiling Beamed, Ceiling Cathedral, Lighting Recessed

Appliances

Dishwasher, Disposal, Dryer, Refrigerator, Stove/Oven Electric, Washer

Exterior
ExteriorSiding CmntFbrHrdBrd
Exterior Features

Fenced Back Yard, Porch Covered

School Information
ElementaryPATRONIS
MiddleSurfside
HighARNOLD
Additional Information
Days on Website58
ZoningResidential Multi-Family
HOA Fees0.00
Listing Details
OfficeCounts Real Estate Group Inc
Property History
Price Reduced from $609,000 to $599,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2024, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on April 27th, 2024 at 7:15am CDT.