Live the Gulf Life on Florida’s Emerald Coast

Bungalow

423 Kelly Street

Panama City Beach, FL 32413

MLS#: 788212

$499,999

Status: Active
Listing number: 788212
Listing provided by: Luxe Coastal Realty Group LLC
Listing agent phone: None
Last update: a month ago
On site: 4 months ago
Browse Properties
Kiska Beach 1st Add - Residential

Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

1983

Sq.Footage

1,200

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.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Lot Size(square feet)

    5,663

  • Property Type

    Residential

  • Property Sub Type

    SingleFamilyResidence

  • Architectural Style

    Bungalow

Price

  • Sales Price

    $499,999

  • Tax Amount

    $4,388

  • Sq. Footage

    1,200

  • Price/SqFt

    $416

HOA

  • Association

    No

School District

  • Elementary School

    West Bay

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • New Construction

    NO

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Location

County

Bay

Elementary School

West Bay

Middle School

Surfside

High School

Arnold

Listing Courtesy of Marcy L O'Donnell, Luxe Coastal Realty Group LLC

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Agent Opey Russ and Melissa Kratish

Broker

Opey Russ and Melissa Kratish

Call Opey Russ and today to schedule a private showing.

(850) 366-8525

(850) 699-1996

(954) 448-3958

OpeyMelissa@GulfLifeGo.com


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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.

423 Kelly Street

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