2712 Banyan Street

Panama City Beach, FL 32408

$599,000
Price
6
Beds
4
Baths
2,384 Sq. Ft.
$251 / Sq. Ft.
2,384
Sq. Ft.
$251
per Sq. Ft.

Description

Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests. Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances,...Welcome to 2712 Banyan Street on Panama City Beach. This could be your dream investment opportunity in the heart of the vibrant East end of Panama City Beach! Each side of this duplex boasts 3 bedrooms and 2 bathrooms, providing spacious and comfortable living for residents or guests. Unit B is beautifully remodeled, interior featuring Quartz Countertops, luxury vinyl plank flooring, and custom cabinets, creating an elegant and contemporary atmosphere. The fresh new paint, along with new appliances, new AC and water heater, ensure a hassle-free and comfortable lifestyle. This unit is not just a home; it's an investment gem. Currently being rented out as an Airbnb, Unit B grossed an impressive $40,000 in 2023, making it a lucrative opportunity for potential investors. Unit A, the other side of this fantastic duplex, presents an exciting opportunity for customization and value addition. The seller is offering a generous $5,000 allowance to assist in updating and transforming this unit into a stunning living space, matching the elegance of Unit B. Imagine the potential returns once both units are optimized to their fullest potential! Location is key, and this duplex doesn't disappoint. Situated in the desirable East end of Panama City Beach, residents and guests can enjoy proximity to boating, the pristine beach, and an array of restaurants. Additionally, the convenience of being just 10 minutes away from Pier Park adds to the appeal of this property. Whether you're looking for a wise investment with immediate returns or a home that offers both comfort and potential for increased value, this duplex has it all. Contact us today to schedule a viewing!
  1. Listed by Don Cooley • Counts Real Estate Group Inc
  2. Listed by Bubba McCants • Counts Real Estate Group Inc

Property Details for 2712 Banyan Street

Architectural Style
Duplex
Waterfront
No
Parking Features
Driveway, Oversized
Subdivision Name
Treasure Cove
Zoning Description
Resid Multi-Family

Location

Listing Courtesy of Counts Real Estate Group Inc
Add your commute
LISTING UPDATED: 04/16/2024 04:15 PM

Property Details for 2712 Banyan Street

StatusActive
MLS #752748
Days on Market82
Taxes$2,175 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex / Duplex
Year Built1985
Lot Size0.17 AC / 7,500 SF
CountyBay County

Location

Listing Courtesy of Counts Real Estate Group Inc
Add your commute

Building Information for 2712 Banyan Street

Stories-Residences-Year Built1985Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$3,450 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2712 Banyan Street

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Turn on Daniel Street from Thomas Drive, then Right on Banyan off N. Lagoon
  • Postal Code: 32408
  • Latitude: 30.155664
  • Longitude: -85.753644
  • State Or Province: FL
  • Road Frontage Type: County Road
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0319 - Beach - East
Taxes and HOA Information
  • Parcel Number: 31075-000-000
  • Association: No
  • Tax Annual Amount: $2,175.00
  • Tax Legal Description: TREASURE COVE LOT 1 BLK 14 ORB 4049 P 968
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 75X100
  • Living Area: 2384.0
  • Living Area Source: Appraiser
  • Structure Type: Duplex
Property and Assessments
  • Year Built: 1985
  • Human Modified: No
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence, Porch
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Hardi Plank Type
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal
Interior Features
  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 6
  • Cooling: Yes
  • Cooling: Central Air
  • Heating: Yes
  • Heating: Central
  • Furnished: Furnished
  • Laundry Features: Stacked
  • Appliances: Washer Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Refrigerator
  • Interior Features: Beamed Ceilings, Breakfast Bar, Bookcases, Open Beams Beamed Ceailings, Cathedral Ceilings, Recessed Lighting
  • Window Features: Double Pane Windows
Room Information
Room 1
  • Room Area: 152.0
  • Room Dimensions: 8 x 19
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 19.0
Room 2
  • Room Area: 135.2
  • Room Dimensions: 13 x 10.4
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.4
Room 3
  • Room Area: 195.0
  • Room Dimensions: 13 x 15
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 4
  • Room Area: 109.44
  • Room Dimensions: 9.6 x 11.4
  • Room Length: 9.6
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 11.4
Room 5
  • Room Area: 269.04
  • Room Dimensions: 22.8 x 11.8
  • Room Length: 22.8
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 11.8
Room 6
  • Room Area: 152.0
  • Room Dimensions: 8 x 19
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 19.0
Room 7
  • Room Area: 135.2
  • Room Dimensions: 13 x 10.4
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 10.4
Room 8
  • Room Area: 195.0
  • Room Dimensions: 13 x 15
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 2712 Banyan Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2712 Banyan Street

Taxable ValueLand$74,568Additions$145,278Total$219,846
Tax Record2023$2,175 ($181 / month)
Home Facts
Total Finished SqFt2,384 SqFtAbove Grade Finished SqFt2,384 SqFtStories1Lot Size8,015 SqFtStyleDuplexYear Built1985Year Renovated1995ZoningBC17CountyBAYAPN31075-000-000Fireplace TypeHas Fireplace

Schools near 2712 Banyan Street

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 12
Public - 6 to 8
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicPK to 5

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

St. Andrew School
PublicPK to 5

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.

Similar Homes

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Similar Sold Homes

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2712 Banyan Street is a multi-family home for sale in Panama City Beach, FL 32408. This property was listed for sale on February 13, 2024 by Counts Real Estate Group Inc, it's currently listed at $599,000. It has been on the market for a total of 82 days and was last sold on August 28, 2018. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 2712 Banyan Street is a 6-bed, 4-bath, 2,384 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Counts Real Estate Group Inc

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.