117 Rose Lane, Panama City Beach, FL 32413
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  • 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
  • Description
    Grab 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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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

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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