$729,000
204 3rd St, Panama City Beach, FL 32413
Current Rent **
N/A
Projected Rent **
$7,500
🌴 Triple the Fun, Triple the Income – 3-Unit STR Goldmine Just Steps from the Sand!
📍 204 3rd Street, Panama City Beach, FL 32413
For more photos: https://myre.io/0yuNsyQM3exq
Investor alert!
If you're looking for cash flow, walkability to the beach, and a turn-key setup with multiple income streams, this one’s for you. Three separate, fully furnished units on a large lot—just a flip-flop toss away from deeded beach access. Quiet dead-end street, 8 minutes to 30A, and already producing serious revenue.
đź’° 2024 Gross: $90K+ (with more bookings rolling in for 2025!)
🔎 Property Breakdown:
🟢 Unit 1: The Family Fun Zone
2 Bed | 2 Bath | Sleeps a crowd
Screened back deck w/ ping pong & lounge area
Interior foosball + sleeper sofa movie setup
Private laundry
Great for families or mid-size groups
🔵 Unit 2: The Clever Coastal Studio
Studio | 1 Bath
2022 renovation: quartz counters, SS appliances
Murphy bed, mini-split A/C, and in-unit laundry
Small footprint, BIG appeal for couples or solo travelers
🟡 Unit 3: The Beachy Bungalow
2 Bed | 1 Bath
Fresh updates: cabinets, appliances, water heater
Cozy layout, tons of charm
Perfect for repeat guests & long weekends
âś… Features & Investor Perks:
Metal roofs on all units
Separate water heaters
Fully furnished & rental ready
Onsite laundry for each unit
Deeded beach access
Low expenses, high returns
Oversized lot – potential for pool or outdoor upgrades
đź‘€ Why It Works:
Proven short-term rental income
Diverse unit mix = flexible rental strategy
Walkable location in a high-demand tourist zone
Zoned for income + lifestyle use (STR, family retreat, or hybrid)
📲 Interested?
Let’s talk numbers, comps, projections—whatever you need to move fast.
DM me here or reach out directly:
Melissa Haworth
Licensed Real Estate Agent
đź“§ [email protected]
📞 469-658-2869
🏖️ Don’t miss this rare triplex-style beach investment in Panama City Beach. Opportunities like this don’t last.
Location:
204 3rd St, Panama City Beach, FL 32413
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** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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