423 Kelly Street, Panama City Beach, FL 32413
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  • MLS#: 788212 ( Residential )
  • Street Address: 423 Kelly Street
  • Viewed: 27
  • Price: $499,999
  • Price sqft: $417
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 1200
  • Bedrooms: 3
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 31
  • Additional Information
  • Geolocation: 30.2591 / -85.9583
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32413
  • Subdivision: Kiska Beach 1st Add
  • Elementary School: West Bay
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: Luxe Coastal Realty Group LLC
  • DMCA Notice
  • Description
    Back on the market no fault of the seller offering a second chance to secure this incredible beach investment opportunity. Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K $88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around often especially at this price point.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Utilities: CableConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Legal Description: 1ST ADD KISKA BEACH MAP 13B3 LOT 19 BLK E ORB 3880 P 33
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Vacant
  • Parcel Number: 36065-009-000
  • Style: Bungalow
  • The Range: 0.00
  • Views: 27
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Headshot for Associate Sara Oquendo
  1. Sara Oquendo, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 352.428.8657
  4. saraoquendo1972@gmail.com