Panama City Beach - Beach Property For Sale #6118212

$48,950 Seller Flex Cash plus price now $979,000. Flex Cash may be used toward closing costs, operating reserves, STR setup, FF&E, or a rate buydown. Investors can place the property in service before year-end to capture stacked tax benefits including 100 percent bonus depreciation on qualifying FF&E. Investor advantages: - STR-ready redesigned layout lives like a 3 bedroom 3 bath with a custom bunk room for higher occupancy. - Year-end tax positioning for accelerated deductions and 100 percent bonus depreciation. - Fully remodeled with upgraded lighting, shiplap ceilings, LVP flooring, and custom trim. - Turn-key with high-end furnishings, Pollywood outdoor furniture, wine fridge, ice maker, and extensive storage. * Gulf-front revenue potential with 2 balconies, large gulf-front deck, and direct beach access. This redesigned gulf-front townhome blends coastal style with thoughtful functionality. The reconfigured layout offers two large bedrooms, an additional bunk room, and three full bathrooms, including a custom-built bunk space created from the former kitchen to enhance rental capacity and efficiency. Luxury vinyl plank flooring, shiplap throughout, upgraded lighting, and custom trim elevate the interior. The expanded chef's kitchen includes custom cabinetry, wooden pull-outs, glass-front uppers, built-in wine storage, oversized island, a wine refrigerator, and a built-in ice maker. A spacious walk-in pantry also serves as an ideal owner's closet. Featured in the three full baths are quartz countertops, beautifully tiled showers with niches (two with built-in benches), and a popular multi-shower-head system that delivers an all-encompassing, spa-like experience. Full-time residents or second-home owners will appreciate the rare abundance of storage throughout the property, making seasonal decor or personal items easy to organize and keep out of sight. As a fee simple property, owners benefit from the security and flexibility of owning both the home and the landoffering greater control, simpler future improvements, and stronger long-term value than typical condo ownership. The primary suite opens to a full-length private balcony with sweeping Gulf views. Additional improvements include recessed lighting, hurricane-rated sliding doors, relocated full-size laundry, built-in bunk storage, and custom aluminum railing. Exterior features include two private parking spaces, storage for beach gear, an outdoor shower, and multiple outdoor living areas just steps from the sand. Offered fully furnished with high-quality coastal pieces, this property functions beautifully as either a personal retreat or a high-performing short-term rental.