High Income Producing Property with a Gross Annual Income of $183,000. 6 Years P & L Statements. A Multi Unit House, located in the highly desirable Tourist District of Panama City Beach. If you are looking for an amazing investment opportunity, this highly profitable real estate is a rare find. Consistently outperforming each year, regardless of economic factors! This home is highly ranked on the Vacation Rental Sites of Expedia, VRBO, Trip Advisor, ReserveFlorida & SunnyStay. Achieving the Highest Ranking in reviews by guests, this property has earned the Premier Partner status, awarded the Diamond Emblem on VRBO! Proudly hosting hundreds of vacations for families & guests for over a decade. The Big Beach House and the Executive Cottage: Combined: 3500 Sq. Ft, 6 Bedrooms, 5 Bathrooms, Private Swimming Pool, Outdoor Spa, Game Rm, Jetted Tubs, Garage and all on one level. The Big Beach House: 5 Bedrooms + 4 Bathrooms, Game Room, Huge 16'x32' x 8' Deep Private Swimming Pool in a fenced backyard with a NEW Outdoor Spa / Jacuzzi / Hot Tub. Master Suite with an Oversized Jetted Bath Tub, 3000 Sq Ft Home, Our Largest and most Popular Home. This home books months in advance! Accommodates up to 26 guests. Large Private game room. Walking distance to the Beach, Pier Park and the Frank Brown Sports Complex. Plenty of parking in the large driveway and the two car garage. The Executive Cottage is a great place for 2-5 guests. Exclusive, Private and with all the amenities guests desire, including an oversized jetted Jacuzzi Bath Tub, quaint fenced area with BBQ and a Swing. Parking right in front, just steps to the front door. Options of opening the back gate to the pool, if guests rent both units. Location, Location, Location! This property location has it all. The Beach, Walking Distance, 2 blocks. Pier Park, Walking Distance 15-20 min., less than a mile Frank Brown Sports Complex, 15-20 min, less than a mile Grocery Stores, Restaurants & More, just 2 blocks away. Northwest Florida International Airport, ECP, 15 minutes, 12 miles This property is built to last. At the core of this home, the primary structure is a concrete block construction, the swimming pool is concrete, topped with gunite then coated with a smooth epoxy finish. The properties sales figures are just as solid as the Confirmed Future Reservations. An effortless investment next to the Gulf Coast at Panama City Beach, Florida. Panama City Beach is rated the World’s Most Beautiful Beaches, Ranked as one of the Most Popular Beaches in the United States and most recently the Best Place to Buy a Vacation Rental Property! Invest Soon! Zillow predicts the home values in this zip code, will increase 9.5% in the next year. Where will you be? We hope to see you at the beach.
Off market
Zestimate®
$887,700
16908 Innocente Ave, Panama City Beach, FL 32413
6beds
3,500sqft
MultiFamily
Built in 1967
-- sqft lot
$887,700 Zestimate®
$254/sqft
$3,109 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total interior livable area: 3,500 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Attached, Off-street
Features
- Exterior features: Stucco
- Has spa: Yes
- Has view: Yes
- View description: Park
Lot
- Size: 9,600 sqft
Details
- Parcel number: 33446000000
Construction
Type & style
- Home type: MultiFamily
Materials
- Concrete Block
- Roof: Asphalt
Condition
- Year built: 1967
Community & neighborhood
Location
- Region: Panama City Beach
Other
Other facts
- Arcade Size Air Hockey Table
- Balcony
- Beach - 2 Blocks
- Cooling System: Air Conditioning
- Foosball Table
- Frank Brown Sports Park - 1 Mile
- Game Room
- Hammock
- Laundry: In Unit
- Parking Type: Garage
- Pier Park - 1 Mile
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$887,700
2% more+$17,754
With Zillow Showcase(estimated)$905,454