CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can!
Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists.
Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach.
The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024)
The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment.
With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market.
2025 (as of 2/1)
$157.8k Total
$153.7k Net Total
$128.1k Total Rent Only
Sold for $1,230,000 on 03/07/25
Street View
$1,230,000
117 Rose Ln, Panama City Beach, FL 32413
6beds
2,344sqft
Single Family Residence
Built in 1950
9,147.6 Square Feet Lot
$1,234,700 Zestimate®
$525/sqft
$6,307 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 03:24am
Listed by:
Kelly Flanagan 678-898-1665,
Keller Williams Success Realty
Bought with:
January Johnson, SL3368469
EXP Realty LLC
Source: CPAR,MLS#: 766542
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 13 x 14
Bedroom
- Level: First
- Dimensions: 11.6 x 13
Bedroom
- Level: First
- Dimensions: 15 x 13
Dining room
- Level: First
- Dimensions: 13 x 7
Kitchen
- Level: First
- Dimensions: 20 x 9
Living room
- Level: First
- Dimensions: 20 x 21
Heating
- Central, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Features
- Interior Steps
Interior area
- Total structure area: 2,344
- Total interior livable area: 2,344 sqft
Property
Accessibility
- Accessibility features: Accessible Approach with Ramp
Features
- Patio & porch: Enclosed, Patio
- Exterior features: Patio, Fire Pit, Outdoor Shower
- Pool features: Electric Heat, In Ground, Salt Water
- Fencing: Fenced,Privacy
Lot
- Size: 9,147 sqft
- Dimensions: 75' x 120'
Details
- Additional structures: Shed(s)
- Parcel number: 36644000000
- Zoning description: Resid Single Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Coastal
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: Cable Connected, Phone Connected
Community & neighborhood
Community
- Community features: Short Term Rental Allowed
Location
- Region: Panama City Beach
- Subdivision: Laguna Beach Estates 1st Add
Sell with ease on Zillow
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$1,234,700
2% more+$24,694
With Zillow Showcase(estimated)$1,259,394