Turn Key STR-$60k+ in Revenue- Panama City, FL 32408

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  • Turn Key STR-$60k+ in Revenue- Panama City, FL 32408

Descripiton

Characteristics

Beds: 2 Bath: 3 SqFt: 1,158 Lot Size: 2,962 Year Built: 2000 APN: 31879-030-00

Condition

Stunning turn-key short-tem rental just blocks to the beach.

As a part-time rental it consistently generates $60,000+ in rental revenue each year (not including cleaning fees). Property has many repeat guests.

Home was recently renovated and designed to be managed remotely (seller lives in Colorado).

For list of renovations click here. Home comes with all furnishings, electronics/TVs, linens, fully stocked kitchen, decor, everything. All furnishings were purchased in the last 24 months.

Smart home features include automated STR controlled access system, smart termostat, lights and Ring cameras.

Exceptional cleaning and maintenance crews for the last two years are in place for buyer.

Seller is offering training to run the STR from Colorado or any other state.

Link to AirBNB listing.

Health issues are focing the sale of this great property.

Numbers & Dates

Numbers HOA: No Taxes: $2,854 (2023) Rental Income: Currently a PT Rental Generating $60,000+, 16.2+ CAP Repairs: $0 ARV: $425,000 Asking: $370,000 Dates Investor Inspection: By Appointment Only Closing: 9/5 Possession: 9/5

Features

1158 Sq Ft.
2 Beds
3 Baths
Price: $370,000

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