🏡 Hybrid – Turnkey – 3.5% Int. Rate, Panama City Beach, FL! 🏡
📍 Location: 582 Lagoon Oaks Dr, Panama City Beach, FL (5 minutes from the beach)
🏠 Beds/Baths: 4 🛏️ | 2 🛁| 2,000sqft
📏 Built in 2020 – Modern Modular on Oversized 0.35-Acre Lot
✨ Property Highlights:
✅ Built in 2020 – 9′ ceilings, zebra-wood island, commercial-size fridge
✅ Detached 30′ garage, 10×20 front deck, HVAC & water heater ~4 yrs old
✅ No HOA, septic system, double lot with expansion or income potential
✅ Turnkey condition – minimal deferred maintenance
📈 Investment Snapshot (Conservative):
• Conservative Rent: $2,900/mo
• Net Monthly Cash Flow:
→ $2,900 – $2,063 (PITI) – $290 (10% mgmt) – $145 (5% vacancy) = $402/mo
• Annual Cash Flow: $4,824
• Cash-on-Cash ROI (on ~$37K entry + CC): ~13%
• Principal Paydown in 7 Years: ~$41,000
• Median 4-Bed Comps in Area: ~$537,500 — built-in equity cushion
🌳 Panama City Beach Living – Strong Demand Meets Flexibility 🌳
Situated in a no-HOA area just minutes from the Gulf, this property attracts long- and mid-term renters. Whether held for cash flow or sold after appreciation, it offers versatility, value, and low-risk upside.
💡 Value-Add Ideas:
• Furnish and market as a mid-term rental (travel nurses, contractors)
• Add a tiny home or RV pad for extra income
• Convert detached garage into ADU or rental workspace
📩 Call for details or to schedule a private tour! 🚀