601 Dogwood St

Panama City Beach, FL 32407 View Map $1,349,000 Schedule a Tour
Beds7
Baths5
Sq.Ft.2,753
Year1960
Virga Realty, Inc.

Virga Realty, Inc.

(850) 814-6999

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Status: Active
Property Type:Duplex Multi-Units
MLS #:741944
Sq. Feet:2,753
On Site:15 Days
Lot Size:16,988 Sq. Ft.
County:Bay
This four-unit vacation rental is an excellent opportunity for someone looking to invest in a thriving vacation rental market. With its prime location within walking distance from Panama City Beach, this business has the potential to attract a steady stream of tourists throughout the year. This business is profitable, with $140k to $160k gross annually. Guests will enjoy being within walking distance of the white sands of Panama City Beach, many attractions, restaurants, and shopping. The large lot has a gazebo, plenty of room for parking, and may provide an opportunity to build additional rental units or expand the existing ones. Each unit is unique in size and decor and has many upgrades, including tile showers, remodeled kitchens, stainless steel appliances, commercial-grade luxury vinyl plank, and much more. Unit A has 3 bedrooms and 2 bathrooms with a large living area, an upgraded kitchen, crown molding, and both an open and a covered patio, is very spacious and tastefully decorated in a fun and eclectic style. Unit B Is a studio-style apartment with an additional 12' x 10' entry room and patio. It currently has a long-term tenant producing a steady monthly income. Unit C has 2 bedrooms, 1 bathroom, a large kitchen with a dining area, and a very spacious living room, once again tastefully decorated and upgraded, and this unit also has a large private fenced-in courtyard to the side of this unit. Unit D is a separate detached tiny home with its fenced-in private yard, its own kitchen and dining combo, and bedroom and bathroom. The property also has a full-sized washer and dryer on sight for your cleaners and plenty of private storage. All four units bring in around $140k to $160K a year, so don't hesitate to contact your favorite realtor. Also, links to a video tour are available to qualified buyers only and upon request. All measurements are approximate.

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Detailed Maps

Community Information

Address:601 Dogwood St, Panama City Beach, FL 32407
County:Bay
Zip Code:32407

School Information

High School:Arnold
Middle School:Surfside
Elementary School:Hutchison Beach

Architecture

Bedrooms: 7
Bathrooms: 5
Year Built:1960
Stories:1
Style:Duplex
Construction Materials: Block, Stucco
Roof: Metal
Parking Features: Driveway

Features / Amenities

Interior Features: Crown Molding, New Paint, Remodeled, Recessed Lighting
Appliances: Convection Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Warming Drawer, Washer
Flooring: Plank, Tile, Vinyl
Furnished: Furnished Or Unfurnished
Exterior Features: Deck, Porch, Storage
Patio And Porch: Covered, Deck, Open, Patio, Porch
Entry Level: 1
Other Structures: Gazebo
Community Features: Short Term Rental Allowed
Cooling: Central Air, Ceiling Fan(s), Electric, Multi Units
Heating: Electric

Property Features

Lot Size: 0.39 Acres / 16,988 Sq. Ft.
Lot Dimensions:144 x 117
Lot Features: Corner Lot
Location: Corner
Utilities: Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water: Public
Road Frontage: City Street
Directions:Heading West on Panama City Beach PKW/HWY 98, turn left onto Clara Ave. Then turn right onto Hutchison Blvd/Middle Beach, then turn left onto Dogwood St. 601. Dogwood will be the corner lot on the left.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $3,661
Terms: Cash, Conventional, FHA, VALoan

Schools

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601 Dogwood St Panama City Beach,  FL 32407
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601 Dogwood St Panama City Beach, FL 32407
 
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601 Dogwood St Panama City Beach This four-unit vacation rental is an excellent opportunity for someone looking to invest in a thriving vacation rental market. With its prime location within walking distance from Panama City Beach, this business has the potential to attract a steady stream of tourists throughout the year. This business is profitable, with $140k to $160k gross annually. Guests will enjoy being within walking distance of the white sands of Panama City Beach, many attractions, restaurants, and shopping. The large lot has a gazebo, plenty of room for parking, and may provide an opportunity to build additional rental units or expand the existing ones. Each unit is unique in size and decor and has many upgrades, including tile showers, remodeled kitchens, stainless steel appliances, commercial-grade luxury vinyl plank, and much more. Unit A has 3 bedrooms and 2 bathrooms with a large living area, an upgraded kitchen, crown molding, and both an open and a covered patio, is very spacious and tastefully decorated in a fun and eclectic style. Unit B Is a studio-style apartment with an additional 12' x 10' entry room and patio. It currently has a long-term tenant producing a steady monthly income. Unit C has 2 bedrooms, 1 bathroom, a large kitchen with a dining area, and a very spacious living room, once again tastefully decorated and upgraded, and this unit also has a large private fenced-in courtyard to the side of this unit. Unit D is a separate detached tiny home with its fenced-in private yard, its own kitchen and dining combo, and bedroom and bathroom. The property also has a full-sized washer and dryer on sight for your cleaners and plenty of private storage. All four units bring in around $140k to $160K a year, so don't hesitate to contact your favorite realtor. Also, links to a video tour are available to qualified buyers only and upon request. All measurements are approximate. Bay 741944 FL Hutchison's 1st To Bahama Bch 32407 duplex multi-units for sale $1,349,000 7 5 2753 0.39
Listing Information Last Updated 6/8/2023
Listing provided courtesy of Century 21 Ryan Realty Inc.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Virga Realty, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 601 Dogwood St Panama City Beach, FL 32407 with the MLS Number 741944 is currently listed at $1,349,000 and has been on the Panama City Beach market for 14 days.

GeoCoordinates:
-85.841229
30.198571

List Price: $1,349,000

You are viewing the MLS property details of the home for sale at 601 Dogwood St Panama City Beach, FL 32407, which includes 7 bedrooms, 5 bathrooms and has approximately 2753 sq.ft. of living area.