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Sold for $315,000 on 02/06/23
  • $315,000

    185 White Sandy Dr, Panama City Beach, FL 32407

    2beds
    1,030sqft
    Townhouse
    Built in 1988
    871 Square Feet Lot
    $339,100 Zestimate®
    $306/sqft
    $2,288 Estimated rent

    Owner options

    List your home for rent

    $2,288/mo

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    $2,288/mo

    Rent Zestimate®

    Refinance and save

    $2,344/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $2,344/mo

    Est. payment

    What's special

    Welcome to your next investment opportunity! This beautifully appointed townhome, currently thriving as a short-term rental, offers charm and profitability. This property is a prime choice for investors looking to capitalize on the booming short-term rental market. We have done all the hard work for you over the last 2 years! Our unit is 90% booked with revenue numbers at $40k on the books for 2024. Guests have already booked into the start of summer of 2025 with $15,426.39 already on the books. We boast Premiere Status on VRBO and will have Superhost Status on AirBnB starting January 1st. We have catered to a specific family-oriented demographic which has put us out in front of the competition and has alleviated the headaches that come along with renting to the influx of spring breakers/party crowd. The owner will offer co-hosting services to buyers if needed for a small fee - this would keep all existing STR listings active along with reviews, financials, and history. Situated in a vibrant area with easy access to local attractions, walking distance to the beach, dining, and entertainment, this townhome attracts a steady stream of guests eager to explore the best the region has to offer. - **Proven High Revenue:** With a strong track record of generating impressive rental income, this property boasts a proven history of high occupancy rates and excellent reviews. Financial statements and performance metrics are available upon request. The townhome features contemporary furnishings and stylish decor, creating a welcoming and comfortable environment for guests. Each room is thoughtfully designed to provide a home-away-from-home experience. The property comes fully furnished with all the essentials for short-term rentals, including high-quality linens, kitchenware, modern appliances, a beach cart, an outdoor shower, an assortment of beach toys, 3 bicycles, a tankless water heater, and a lovely palm tree in the front yard, ensuring a seamless transition for new owners. Recent updates and well-maintained systems reduce the need for repairs or upgrades, allowing for a hassle-free ownership experience. Two assigned parking spots directly at the front door. NO ELEVATORS! - **Private Fenced Patio:** Our townhome offers a private, rare, fenced-in patio perfect for pets. It walks straight to the free mini golf and pools/ponds. Families LOVE staying at our townhome! - **Lowest HOAs in Panama City Beach:** Gulf Highlands Beach Resort HOA fees are just $365.00 per month! That includes cable, pest control, trash, Wifi, 24/7 security, a gated complex, use of a private beach clubhouse/pool/restaurant/bar, tennis courts, 11 pools, pickleball, free mini-golf, gym, and playground! This property is a turnkey solution ready to deliver returns from day one. Don't miss out on this chance to own a profitable and picturesque short-term rental property. Contact us today for more details and to schedule a viewing!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Tile, Carpet
    • Furnished: Yes
    Interior area
    • Total interior livable area: 1,030 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Shingle, Stucco, Wood
    • Has view: Yes
    • View description: Park, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 871 sqft
    Details
    • Parcel number: 34779074000

    Construction

    Type & style
    • Home type: Townhouse
    Materials
    • Wood
    • Roof: Shake / Shingle
    Condition
    • Year built: 1988

    Community & neighborhood

    Community
    • Community features: Doorman, Fitness Center
    Location
    • Region: Panama City Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $365 monthly

    Other

    Other facts
    • Bicycle storage
    • Bicycles included
    • Cable included in rent
    • Club House
    • Cooling System: Air Conditioning
    • Garbage included in rent
    • Laundry: In Unit
    • Miniature Golf
    • Play Ground
    • Shuffleboard
    • Water included in rent
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $339,100
    2% more+$6,782
    With Zillow Showcase(estimated)$345,882