221 Lake Place
221 Lake Place
Panama City Beach, FL 32413
$1,100,000
Price
4
Beds
2
Baths
1
1/2 Bath
2,189 Sq. Ft.
$503 / Sq. Ft.
2,189
Sq. Ft.
$503
per Sq. Ft.
Description
Motivated Seller! Submit all offers! Rental income projecting $100k per year in gross rents with thoughtful interior package! Expected completion 1st week in May! Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your heart's content. Relax and unwind in your private plunge pool, perfect for cooling off...Motivated Seller! Submit all offers! Rental income projecting $100k per year in gross rents with thoughtful interior package! Expected completion 1st week in May! Welcome to your dream beach retreat! This new construction stunning two-story home offers the ultimate coastal living experience. Enjoy the convenience of a quick walk to the beach, just three blocks away, where you can soak up the sun and surf to your heart's content. Relax and unwind in your private plunge pool, perfect for cooling off after a day at the beach or hosting intimate gatherings with friends and family. Take in the fresh salty air from the balcony while sipping your morning coffee or evening cocktail. Gather around the fire pit in the evenings for cozy conversations under the stars, creating memories that will last a lifetime. With four bedrooms and 2 1/2 bathrooms, there's plenty of space for everyone to spread out and feel at home. Parking is a breeze with space for three vehicles, ensuring that you and your guests always have a spot to park. Plus, the location couldn't be better - just 8 minutes to Pier Park for shopping, dining, and entertainment, and a short 10-minute drive to the charming community of Rosemary Beach 30A. This beach home isn't just a slice of paradise for vacationers - it's also an incredible opportunity for savvy investors. With its prime location and desirable amenities, this property is perfect for generating rental income and cash flow! Whether you're looking to rent it out short-term to beachgoers or as a long-term rental for residents, the potential for ROI is unmatched. Invest in the future of coastal real estate and secure your foothold in one of the most sought-after vacation destinations. Don't miss out on the opportunity to own this coastal oasis - call your favorite real estate agent to schedule your showing today! Actual home still under construction. Seller is willing to change paint colors to buyers choice (currently the outside of the home is a dark grey) Photos are of the same floor plan that is already complete, on a rental program, and cash flowing in the same neighborhood! Updated photos coming soon!
Property Details for 221 Lake Place
Architectural Style
Coastal
WaterfrontNo
Parking FeaturesAttached, Garage
Subdivision NameLaguna Beach
Location
Add your commute
LISTING UPDATED: 04/26/2024 12:18 PM
Property Details for 221 Lake Place
| Status | Active |
|---|---|
| MLS # | 753589 |
| Days on Market | 69 |
| Taxes | $1,462 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Detached / Detached |
| Year Built | 2023 |
| Lot Size | 0.07 AC / 3,049 SF |
| County | Bay County |
Location
Add your commute
Building Information for 221 Lake Place
Stories2Year Built2023Building Size-Lot Size0.07 AC / 3,049 SF
Payment Calculator
$6,125 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,003
Property Taxes
$122
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 221 Lake Place
Summary
Location and General Information
- City: Panama City Beach
- County Or Parish: Bay
- Directions: From Panama City Beach Pkwy:Head south on Lake Pl for 2 blocks. Home will be on your right.
- Postal Code: 32413
- Latitude: 30.245126
- Longitude: -85.927629
- State Or Province: FL
- MLS Area Major: 03 - Bay County - Beach
- MLS Area Minor: 0324 - Beach - West Central
Taxes and HOA Information
- Parcel Number: 37943-000-000
- Association: No
- Tax Annual Amount: $1,462.00
- Tax Legal Description: LAGUNA BEACH 5TH ADD LOT 9 BLK D ORB 4613 P 1139
- Tax Year: 2023
School Information
- Elementary School: West Bay
- High School: Arnold
- Middle Or Junior School: Surfside
Parking
- Attached Garage: Yes
- Garage Spaces: 1.0
- Garage: Yes
Property
Lot Information
- Lot Features: Landscaped
- Lot Size Acres: 0.07
- Lot Size Dimensions: 49' x 63'
- Lot Size Square Feet: 3223.0
- Living Area: 2189.0
- Living Area Source: Plans
Property and Assessments
- Year Built: 2023
- Property Attached: No
- Property Condition: Under Construction
- Human Modified: No
Utilities
- Sewer: Public Sewer
- Utilities: Electricity Available, Sewer Available, Water Available
- Water Source: Public
Interior and Exterior Features
Exterior Features
- Exterior Features: Balcony, Fence, Outdoor Shower, Pool
- Pool Features: In Ground, Private, Pool
- Community Features: Short Term Rental Allowed
- Patio And Porch Features: Balcony, Open, Patio
- Pool Private: Yes
Interior Features
- Stories Total: 2
- Flooring: Plank, Vinyl
- Bathrooms Full: 2
- Bathrooms Half: 1
- Bathrooms Total: 3
- Bedrooms Total: 4
- Cooling: Yes
- Cooling: Central Air
- Heating: Yes
- Heating: Central
- Furnished: Unfurnished
- Laundry Features: Stacked
- Appliances: Washer Dryer Stacked, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Interior Features: Breakfast Bar, Recessed Lighting
Room Information
Room 1
- Room Area: 143.0
- Room Dimensions: 13 x 11
- Room Length: 13.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 11.0
Room 2
- Room Area: 221.0
- Room Dimensions: 17 x 13
- Room Length: 17.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 13.0
Room 3
- Room Area: 155.04
- Room Dimensions: 13.6 x 11.4
- Room Length: 13.6
- Room Level: First
- Room Type: Bedroom
- Room Width: 11.4
Room 4
- Room Area: 272.0
- Room Dimensions: 17 x 16
- Room Length: 17.0
- Room Level: Second
- Room Type: Primary Bedroom
- Room Width: 16.0
Rental
Rental Information
- Occupant Type: Vacant
Property History for 221 Lake Place
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 221 Lake Place
Taxable ValueLand$116,897Additions-Total$116,897
Tax Record2023$1,462 ($122 / month)
Home Facts
Beds2Stories1Lot Size3,223 SqFtStyleMiscellaneous Vacant LandZoningBC16CountyBAYAPN37943-000-000
Schools near 221 Lake Place
This home is within Bay.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 12 | |||
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Charter - | 6 to 12 |
Rating | School | Distance |
|---|---|---|
J.R. Arnold High School PublicPK to 12 | ||
West Bay Elementary School PublicK to 5 | ||
Surfside Middle School Public6 to 8 | ||
Palm Bay Preparatory Academy 6-12 Charter6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.
