22115 FRONT BEACH RD, Panama City Beach, FL 32413 listing details

Incredibly unique views of the Gulf and beaches to east and west located on the west end of Beach Rd. From this property, you will have one of the highest views for 30 miles b/c it sits on a 30' bluff and the home is 30' tall so your line of sight is 60' up from the beach giving spectacular views East and West. Also contributing to the magnificent view is the public easement to the East for 50' and empty lots all to the West. It is very unusual to have such wide views with no neighbors for over 200' or more. As you enter this great beach house, you have 2 bedrooms on main level and large screened in rear porch that leads out to the large heated jacuzzi and swimming pool within fenced area. The house has an almost new metal roof, newly plastered pool and decking, a new pool motor, a new Jacuzzi heater, a new master tub, a newly finished garage, a new garage opener, refinished hardwoods, a new refrigerator, a new stove, 3 new sleeper sofas, new white linens on the beds, and all new white drapes throughout the home. Outside, there have been new chaise lounges and new tables and chairs by Winston placed. The stucco has just been repainted with a new 10 year warranty on the house by Sherwin Williams, and it has been repaired property, inspected, and is in good order. Walk down the steps to the Gulf just off the decking around pool areas. There have been up to 18 people sleep in this home, so if you are a large family in need of a home for a private gulf front home, look no more! Second level host the open living areas with dining, living and open kitchen with breakfast bar. A large balcony spans the entire width of the back of home, and also a bedroom with full bath on this level has their private balcony overlooking pool and Gulf. On third floor, there are 2 more bedrooms with 2 full baths that offer wonderful spaces and large balcony off the rear of each room. The garage is totally finished out and could easily convert into a sixth bedroom. You can enjoy sunrise and sunsets from each room of this spacious house! It is being offered fully furnished and rental ready. The present owner's rental income of 100K is for only 18 weeks leaving 34 weeks for owner usage if desired, or you could get double the income! Listing Broker/Salesperson has ownership interest in the property. We have documented reported income for 2012 for 25 weeks of $ 98,785, and for 2013 has already been booked 22.5 weeks for $112,200.00. This means only 44% of this year is booked with 29.5 weeks open for owner to use in non peak summer months, (Sept to May weeks are open) so it pays for mortgage and all expenses and turns a profit first year of ownership if you have a 30 year mortgage with 20% down or if can get an interest only loan.