Updated almost 3 years ago on .
4522 Bay Point Road Makes A Splash
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $2,300,000
Cash invested: $500,000
Sale price: $3,899,999
Located within the gated Bay Point Golf and Yacht club community, this property has it ALL. Set on a deep water lagoon with easy access to the Intracoastal Waterway and the Gulf of Mexico, it is a boater’s dream. With over 6500 square feet of living space, a brand new pool, and, not one, but two outdoor bars, this home really does check all the boxes.
What made you interested in investing in this type of deal?
Florida beachfront property has been a solid investment for many of our clients.
How did you find this deal and how did you negotiate it?
The investor on this property is a repeat client who has brought us multiple deals.
How did you finance this deal?
Short-term fix and flip funding
How did you add value to the deal?
With a repair budget of $500K, our client transformed a time worn single-family waterfront property in Panama City into a show-stopper. Recognizing the property’s unparalleled potential, they went to work. Over the course of several months, this five bedroom, five and a half bathroom home was gutted and rebuilt with high end upgrades throughout.
What was the outcome?
It's a beauty, and on the market currently.
- Debbie Fales
- [email protected]
- 8884443160
