640 W Caladium Cir, PANAMA CITY BEACH, FL

$365,000

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2

Beds

2

Baths

1,088

Square feet

Description

Discover your ideal investment or first home with this charming townhome just one block from the stunning beaches of Panama City Beach. This property is a proven rental powerhouse, generating $56,000 annually with an impressive 15% return on investment. With no HOA fees and eligibility for FHA loans, it offers exceptional value and flexibility.This two-story townhome features 2 cozy bedrooms and 1.5 bathrooms across 1,327 sq. ft., with 1,088 sq. ft. of heated living space. A few updates include, new roof in 2020, HVAC updated in 2024, and freshly painted exterior. The interior boasts modern stainless steel appliances, granite countertops, travertine back splash, track light fixtures, tile flooring and vinyl plank flooring.The quaint wood fence ensures privacy, while the practical driveway and walkway enhance curb appeal.Imagine living just 700 feet away from the ocean, where you can hop on your golf cart and explore the vibrant Panama City Beach area. Whether you're looking for a lucrative investment or a delightful first home, this property offers the best of both worlds.Seize this opportunity to own a piece of paradise. Contact us today to schedule a viewing and make this beachside gem yours!

Legal Description

OPEN SANDS (3.02) BEG 24.66' N OF SE COR LOT 3 BLK A & W R/W LI CALADIUM CIR FOR POB TH CONT N 17' W 100' S 17' E 100' TO POB ORB 4683 P 835

Features of 640 W Caladium Cir

MLS® # 952579
Price $365,000
Bedrooms 2
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 1,088
Acres 0.00
Year Built 1982
Type Attached Single Unit
Sub-Type Attached Single Unit
Style Townhouse
Status Active

Community Information

Address 640 W Caladium Cir
Area Bay County
Subdivision OPEN SANDS
City PANAMA CITY BEACH
County BAY
State FL
Zip Code 32413

Amenities

Utilities Other
Parking Other
Is Waterfront No
Has Pool No
Pool Community, Private

Interior

Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer, Range Hood
Heating Heat: Central Electric
Fireplace No
# of Stories 2
Has Basement No

School Information

Elementary HUTCHISON BEACH
Middle Surfside
High ARNOLD

Additional Information

Zoning Residential Multi-Family
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

OfficeSalty Marlin Realty

For more information call

(850) 325-0004

Listing Map

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