102 Grand Lagoon Shores DR #1-4 new

Panama City,FL 32408

$ 1659000

3 Beds

3 Baths

7156 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,156 sqft

Price per Sqft $231

Subdivision Grand Lagoon Shores 7

MLS Listing ID 774971

Bedrooms 3

Full Baths 2

Half Baths 1

Construction Status Under Construction

HOA Y/N No

Year Built 2025

Annual Tax Amount $905

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Quadruplex

Property Description

Prime Investment: Newly Constructed Quadplex in High-Demand Panama City Beach LocationCapitalize on a premier investment opportunity with this newly constructed four-unit property, ideally situated in the high-growth North Lagoon area of Panama City Beach. As the only new quadplex currently available, this property offers a significant competitive advantage in the local rental market.Four Turnkey 2-Story Units with each of the four identical, thoughtfully designed units boasts 1,789 square feet, featuring 3 bedrooms, 2.5 baths, and an attached single-car garage.Premium Rental Appeal Experiences high-end finishes and modern design throughout. The beautiful floor plan includes a generously sized laundry room, a walk-in pantry, a dedicated dining room, and a spacious kitchen with an island, all adorned with quartz countertops and champagne bronze fixtures. Gold electrical fixtures enhance every room. The first floor also features a convenient half bath for guests and an expansive living room. Upstairs, all bedrooms continue the theme of elegant gold finishes. Bathrooms are a luxurious retreat, showcasing gold and white tile, champagne bronze finishes, and quartz countertops on every vanity. This build also offers desirable lagoon views, to attract quality, long-term or short-term tenants and command top-market rent.Low Maintenance, No HOA, one year builder warranty with this brand-new construction ensures minimal capital expenditures and repairs for years to come, further benefiting from the absence of an HOA.Strategically Located being situated within an established subdivision at the east end of Panama City Beach, the property is just moments from the beach and a public boat ramp, guaranteeing strong and consistent tenant demand.Flexible Financing Available qualifying for both VA and Conventional loans, this property offers diverse strategies for acquisition and owner-occupancy.This is a rare opportunity to acquire a high-yield, low-maintenance asset, meticulously designed for maximum cash flow and long-term appreciation in one of Florida's most robust markets.

Location

State FL

County Bay

Community Short Term Rental Allowed,Sidewalks

Area 03 - Bay County - Beach

Interior

Interior Features Kitchen Island,Pantry

Heating Central

Cooling Central Air,Ceiling Fan(s)

Furnishings Unfurnished

Fireplace No

Appliance Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater,Microwave,Refrigerator

Exterior

Parking Features Attached,Garage,Shared Driveway

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Short Term Rental Allowed,Sidewalks

Utilities Available Cable Available

View Y/N Yes

View Lagoon

Roof Type Asphalt,Metal

Porch Covered,Open,Porch

Building

Lot Description Corner Lot,Landscaped

Story 2

Foundation Slab

Construction Status Under Construction

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Tax ID 30188-271-000

Acceptable Financing Cash,Conventional,VA Loan

Listing Terms Cash,Conventional,VA Loan

Special Listing Condition Listed As-Is

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