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60 FEET FROM BEACH ACCESS | RARE QUAD-PLEX PACKAGE WITH HUGE VACATION RENTAL INCOME POTENTIAL! Located approximately 60 feet from a wide paved public beach access, this extremely rare four unit beachside complex offers a unique opportunity to own a 2 story entire ground level quadplex at the end of a quiet cul de sac with no thru traffic. The direct proximity to beach access combined with the low density setting creates strong and consistent short term rental demand in Panama City Beach.

The property consists of four ground floor units totaling approximately 3,500 square feet with 10 bedrooms and 8 bathrooms across the complex and is situated on approximately 0.13 acres. Unit 1 and Unit 3 are each 3 bedroom 2 bath units of approximately 935 square feet, while Unit 2 and Unit 4 are each 2 bedroom 2 bath units of approximately 815 square feet. The property includes a shared community pool.

There is no HOA and short term rentals are allowed. The entire complex is being offered fully furnished and turnkey, allowing a new owner to begin generating rental income immediately upon closing while capturing peak revenue as the Panama City Beach spring and summer seasons approach.

The units offer functional layouts, durable finishes, and ground floor access that renters consistently prefer. Major building improvements have already been completed including solid all brick construction with dual layers of elastomeric stucco and paint, a 2024 standing seam metal roof w new truss system and hurricane clips, updated windows and doors, HVAC and water heaters replaced .

Ownership of the entire complex provides FULL control of the building and common areas, allowing a buyer to establish access, usage, and management standards that align with their investment strategy. The seller has prepared rental projections estimating gross annual income potential in the range of approximately $200,000 to $225,000 when operated as short term rentals, and rental projections are estimates and not guaranteed. Previous numbers are available under a contingency.

Quadplexes offering direct beach access, no HOA restrictions, rental flexibility, and scale potential rarely come available as a single acquisition in this location. Assets with this level of location, scale, and rental flexibility do not stay available long. Call your favorite agent today to schedule a showing and learn more about this STR quadplex opportunity in Panama City Beach, FL!

Panama City Beach

5012 Gulf Drive 1-4

10 Beds

8 Baths

3,500 Sq.Ft.

$1,750,000

MLS#: 783708

Cleared residential land ready for your new home. Land consists of two 50x150 lots for a total of .34 of an acre. Property is a short drive to the Panama City shopping corridor, local springs and hiking trails. If you like to fish, this property is right around the corner from public boat ramp into the popular Deerpoint Lake. Enjoy fishing and boating activities.

Youngstown

Lot 15&16 Orange Avenue

None Beds

None Baths

0.34 acres

$39,900

MLS#: 780881

Pace

4260 U.S. 90 43

2 Beds

1 Baths

900 Sq.Ft.

$1,100

MLS#: 1000055

Panama City Beach

124 Coral Drive

3 Beds

2 Baths

1,191 Sq.Ft.

$239,000

MLS#: 788017

Freeport

4 S J HUNTER'S Way Lot 21

4 Beds

3 Baths

2,628 Sq.Ft.

$524,327

MLS#: 1000014

Exceptional Gulf-View Residence in Prime WaterColor Location

Ideally situated just two blocks from the beach on a quiet street, this 5-bedroom, 5.5-bath WaterColor home offers rare elevated Gulf views, strong rental performance, and extensive recent upgrades. Positioned among the highest vantage points in the community, the property captures sweeping views of the Gulf, Seaside, and surrounding coastal landscape, highlighted by a rooftop deck designed for sunrise and sunset enjoyment.

The home features multiple indoor and outdoor living spaces, including expansive porches, a private rear deck with gas fire pit and grill, and a rooftop terrace with panoramic sightlines.

The kitchen is well-appointed with Sub-Zero refrigeration, Wolf appliances, an oversized island with seating, and custom cabinetry by Smallbone of England. Interiors were professionally designed by Beau Interiors and are offered furnished (with exclusions).

Recent improvements include new electrical throughout, new decking, recessed lighting, one new HVAC unit, new window treatments, new hot water heater, paved driveway, and updated marble surfaces in the kitchen.

The backyard faces toward Seaside and the Gulf, and a contractor has verified space for a potential pool installation. Located within close proximity to the Truman House and in one of WaterColor's most desirable rental areas, the property has generated approximately $175-200K annually in gross rental revenue over the past two years.

Buyer to verify all information and dimensions.

Santa Rosa Beach

146 Silver Laurel Way

5 Beds

5 Baths

3,972 Sq.Ft.

$4,599,000

MLS#: 787994

NEW RV APPROVED BAY VIEW LOTS NEAR CAPE SAN BLAS AND PRESNELL'S BAYSIDE MARINA!!!!Lots will have paved road, water, sewer, and electric. With the current zoning, the lots are also eligible for rental by the day, week, or month. Subject to very reasonable restrictions, with NO HOA. Great location at Simmons Bayou and just minutes from Cape San Blas. Other parcels are available. Owner is a licensed real estate broker. Some dimensions were obtained from the Gulf PA site.

Port St Joe

Lot 1 Simmons Way Drive

None Beds

None Baths

0.2 acres

$119,000

MLS#: 783333

Port St. Joe

Lot 1 Simmons Way Drive

None Beds

None Baths

0.2 acres

$119,000

MLS#: 992315

GULF FRONT TOP FLOOR UNIT WITH INCREDIBLE GULF VIEWS right from your Unit!!! Has It has been updated throughout this One Bedroom Two Bath condo with Bunkbeds in the hallway. Highly booked Short Term Rental with strong Rental History as an ideal investment opportunity. This condo is fully furnished, and turnkey ready. The bedroom has been updated with new flooring, all new furniture and new mattress. New mattresses also on bunk beds and couches. kitchen features granite counter tops and stainless-steel appliances. The bathrooms are updated with granite counter tops as well. Pelican Beach is a favorite & has many return guests. Many vacationers love the Resort amenities and proximity to shopping, dining, Big Kahunas Waterpark, water sports and Destin Harbor. Within the Resort there are

Destin

1002 E Highway 98 UNIT 2003

1 Beds

2 Baths

775 Sq.Ft.

$580,000

MLS#: 1000049

Check out this freshly painted, well maintained 5th floor unit that is beautifully decorated in a beachy vibe and has stunning views of the emerald green waters of the Gulf. Emerald Isle is located on the white sand beaches of the Emerald Coast of Florida and offers not only the beautiful beach but also a Gulf front pool, BBQ area and a tennis/pickle ball court. No need to bring your sandy beach equipment up to the unit. Instead, use the convenient storage cage on the ground floor that conveys with the unit. Emerald Isle Condominium recently completed a multimillion-dollar restoration to the building to include repairing concrete, waterproofing and painting the building, elevators, replacing railings and resurfacing the parking lot. Buyer to verify all dimensions and square footage.

Fort Walton Beach

770 Sundial Court 508

2 Beds

2 Baths

1,085 Sq.Ft.

$579,900

MLS#: 1000046

Southport

3122 Sawgrass Street

3 Beds

2 Baths

1,697 Sq.Ft.

$284,900

MLS#: 787999

Panama City

3116 Kings Drive

4 Beds

3 Baths

2,368 Sq.Ft.

$599,999

MLS#: 783382

Niceville

106 Dartmouth Way

3 Beds

2 Baths

1,634 Sq.Ft.

$409,000

MLS#: 999946

PRICE REDUCTION. BRING ALL OFFERS. MOTIVATED SELLER. Cozy 4 bedroom, 2 bathroom home in a well established neighborhood. Possible VA assumable. Neighborhood has sidewalks, street lights a park and no HOA. This property has easy access to schools, shopping, beaches and military bases (less than 5 minutes to Hurlburt Field). Home features a split floor plan with the master bedroom and master bath located off the living room to the right after entering the home. The remainder of the bedrooms are down the hallway to the left of the living room. The kitchen features updated appliances, cabinets and granite counter tops. Cabinets and drawers are easy close. Laundry room is located off the kitchen, with a door to the carport for easy access. Convenient for unloading groceries. Laundry room is large enough to be used for a mud room or pantry. The oversized family room is located in the rear of the home with sliding glass doors opening to the fenced back yard. Many upgrades to include: New HVAC 2026, New roof in 2019. New gutters in 2023. Reverse Osmosis system in the kitchen for the refrigerator and separate tap on sink for drinking water. Ozone injection system installed for the washing machine hook up. Air purification system installed in 2022. Tank less water heater installed 2020. Smart home features Security system, thermostat, door locks, and emergency services. There is one storage shed in the back yard. The fenced yard includes an in ground fire pit and covered wood storage area. Multiple fruit trees are scattered throughout the property. Kids swing has been removed.

Mary Esther

211 Annabelle Drive

4 Beds

2 Baths

1,753 Sq.Ft.

$299,900

MLS#: 755402

Charming single-family home on a generous 1/2 acre lot at the end of a quiet cul-de-sac. Recently painted inside and out This house is ready for a new family. Interior features include abundant storage and a cozy wood-burning fireplace. NEW LVP Floors! NO CARPET!!! Property includes a one-car garage, extra storage shed and a chicken coop. Expansive, mature-treed yard with sprinkler system fed by a separate well. Home is in an X flood zone and is being sold with a 1-year home warranty. A must-see!

Panama City

824 Jeremy Lane

3 Beds

2 Baths

1,492 Sq.Ft.

$305,000

MLS#: 787982

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