117 Rose Lane, Panama City Beach, FL 32413
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Priced at Only: $1,290,000
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Address: 117 Rose Lane, Panama City Beach, FL 32413
Property Location and Similar Properties
- MLS#: 766542 ( Residential )
- Street Address: 117 Rose Lane
- Viewed: 2
- Price: $1,290,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1950
- Bldg sqft: 0
- Bedrooms: 6
- Total Baths: 5
- Full Baths: 4
- 1/2 Baths: 1
- Days On Market: 2
- Additional Information
- Geolocation: 30.2466 / -85.9371
- County: BAY
- City: Panama City Beach
- Zipcode: 32413
- Subdivision: Laguna Beach Estates 1st Add
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
- Provided by: Keller Williams Success Realty
- DMCA Notice
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DescriptionGrab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $94k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists.Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21 acre lot is the biggest available this close to the beach.The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35 foot heated saltwater pool (March 2024), a 7 person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5 ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). The sale includes everything on site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment.With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market.
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: FirePit, OutdoorShower, Patio
- Fencing: Fenced, Privacy
- Living Area: 2344.00
- Other Structures: Sheds
- Roof: Composition, Shingle
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: West Bay
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: Driveway, Oversized
Eco-Communities
- Pool Features: ElectricHeat, InGround, SaltWater
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans
- Heating: Central, Fireplaces
- Road Frontage Type: CityStreet
- Sewer: SepticTank
- Utilities: CableConnected, PhoneConnected, SepticAvailable, TrashCollection
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2023
- Trash Expense: 0.00
Other Features
- Accessibility Features: AccessibleApproachWithRamp
- Appliances: Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker, Refrigerator, Washer
- Furnished: Furnished
- Interior Features: BreakfastBar, Fireplace
- Legal Description: LAGUNA BEACH ESTATES 1ST ADD LOT 8 BLK 1B ORB 4601 P 96
- Area Major: 03 - Bay County - Beach
- Occupant Type: Tenant
- Parcel Number: 36644-000-000
- Style: Coastal
- The Range: 0.00
Nearby Subdivisions
[no Recorded Subdiv]
Bayside At Ward Creek
Beachside West
Beachwalk Condo
Bid A Wee
Bid-a-wee
Bid-a-wee Beach
Bid-a-wee Beach 1st Add
Breakwater At Ward Creek
Carillon Beach
Carillon Beach Phase Iii
Carillon Beach Phase Xxviii
Carillon Beach Phase Xxxvii
Crestview Heights
Crown Point
Diamond Head-lakeside
El Centro Beach
Gulf Highlands
Gulf Highlands Unit-1
Gulf Highlands Unit-2
Gulf Vista
High Ridge Estates
Hollywood Beach
Horizon South Townhouses
Inlet Beach Heights
Jamaican Lake
Kiska Beach
Kiska Beach 1st Add
La Valencia Beach Resort
Laguna Beach
Laguna Beach 2nd Add
Laguna Beach 3rd Add
Laguna Beach 4th Add
Laguna Beach 5th Add
Laguna Beach 6th Add
Laguna Beach 7th Add
Laguna Beach 8th Add
Laguna Beach Estates
Laguna Beach Estates 1st Add
Laguna Beach Estates 4th Add
Laguna Beach Estates 5th Add
Laguna Beach Estates 7th Add
Laguna Beach Estates 9th Add
Laguna Haven
Lakeside
Lakeside By The Gulf
Lakeside Villas
Latitude At Watersound
Lullwater Beach
Margaritaville Cottages
Miller's Landing On Lake Powel
Miramar Beach
Miramar Beach 1st
Miramar Heights
No Named Subdivision
North Bid-a-wee Beach 1st Add
Open Sands
Open Sands Blk. F
Osprey Pointe At Powell
Palmetto Trace
Palmetto Trace Phase 1
Palmetto Trace Phase 2
Palmetto Trace Phase Iii
Palmetto Trace Phase Iv
Paradise Grove
Pointe Panama
Reviera Beach Villas
Rivercamps On Crooked Creek
Rivercamps On Crooked Creek Ph
Riviera Beach
Riviera Beach 1st Add
Royal Palms Of Laguna Beach
Sand Dollar Estates
Seaclusion Beach
Seagull Beach
Seakove Heights Unrec
Seminole Ridge
Shores
Shores Townhouses
Southfield Sec 1
Summer Breeze Phase I
Summerwood
Summerwood Phase I
Summerwood Phase Ii
Sunnyside
Suntime Beach U-1
The Palms
The Preserve At Lake Powell
Turtle Cove At Lake Powell
Villa Chateaus
Waterview
Wells Gulf Beach Estates
Wendwood Townhomes
Westlake Estates Phase Ii
Westwood Beach Estates
Whisper Dunes
White Sands Estates
Wild Heron Phase I
Wild Heron Phase Ii
Wild Heron Phase Iii
Wild Heron Phase Ix
Wild Heron Phase V
Wild Heron Phase Viii
Wild Heron Phase Xiv
- John Holtje
- Tropic Shores Realty
- 352.587.3980
- bigjohnholtje@gmail.com