#768109, Listing Office: 1 Percent Lists Florida Coast
204 3rd St Panama City Beach, FL 32413
Property details
About 204 3rd St
Generating over $90,000 in gross rental income last year, 204 Third Street is a highly unique investment property just eight minutes from 30A. This rare property by the beach offers 3 separate income-producing beach homes on an oversized lot. The three homes have a successful rental history, having earned over $83,000 in gross rental income in 2023. The property conveys fully-furnished and have low operating expenses. All the homes have been beautifully renovated and come with new metal roofs and new hot water heaters. The value of this oversized lot is tremendous being surrounded by newer homes & positioned by a private beach access. The property comes with rental bookings already in place for 2025. Rental income history, rental income projections, estimated expenses & net income projections are available by request.
Highlights
Summary
- MLS Number: 965177
- MLS Name: Emerald Coast Association of REALTORS®
- Office Name: 30A Homes Sales
- Office Email: emily@30ahomesales.com
- Listing Agent: The Dixon Team
Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$745,000
204 3rd St
$8,847
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 08, 2021 | Home Sold | $620,000 |
Jun 16, 2021 | Home Sold | $470,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $565,946 | $6,685 |
2022 | $448,349 | $5,305 |
2021 | $219,251 | $5,305 |
History based on county public records data.
Nearby schools
5
West Bay Elementary School
Public District KG-5
5.9 mi
•14813 School Dr
7
Hutchison Beach Elementary School
Public District KG-5
7.5 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
12.3 mi
•7400 Patronis Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,286. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 204 3rd St
This home is located at 204 3rd St in Panama City Beach, FL and zip code 32413 in the Sunnyside On The Gulf neighborhood. This 2,276 square foot home was built in 1997. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 23, 2024 and is currently priced at $745,000.
While more than 0 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 75 were sold below. In February 2025 in Panama City Beach, FL there were 8.1% more homes for sale than in January. Listings spent 120 days on the market in February 2025, and had a median list price of $449,377 during the same period.