Opportunities like this are very rare and these brand new beautiful beachfront properties offer a unique find. They are located in a sensational setting with their own private beach overlooking the jewel toned waters of the glittering gulf in Panama City Beach.
Each one sits beside the other and were just completed in April of 2016, but are available for a simultaneous purchase. They were constructed with high-quality materials featuring Old Florida styled metal roofs with a 50 Year Warranty, extremely durable concrete Hardi-Board siding as well as reinforced doors and windows with the ability to withstand winds up to 150 mph.
One of these beachfront homes is called “Coastal Living” while the other is named “Seasational” and both are completed in a classic Old Florida styled architecture with their own beachside swimming pool. Each comes professionally decorated with fashionable, comfortable upscale furnishings as well as state-of-the-art amenities. They are immediately ready for investment income with rental projections based upon other comparable properties nearby that are estimated to total up to $400,000 annual gross. This opportunity is multi-faceted since both homes may be used as a giant family compound, one may be used privately while the other is rented out or both properties may be used as a complete vacation rental enterprise. Combined together they have a total of 6,523 square feet with 11 bedrooms and 11 full baths with an additional four half baths able to sleep up to 38 guests. Coastal Living has five bedrooms, five full baths and two half baths. Seasational offers six bedrooms, six full baths and two half baths.
The design of each provides spacious bedrooms with vaulted tray ceilings as well as private baths en suite. Many of these suites have direct access to a breezy beachfront balcony with glass doors that provide interior views of the sensational scenery outdoors across the glorious gulf.
Special Bunk Rooms in some of the guest bedrooms have multiple berths that include a unique suspended bunk hanging from the ceiling.
Large open kitchens in both feature new gleaming stainless steel appliances that include extra wide side by side refrigerators and creamy white marble topped bars.
Walls of glass provide vivid views of the glistening gulf in the main living areas and easy access to the covered beach balconies that span the two upper levels of each house.
The beachside levels have an open sun deck around the pool with a walkway down to the bright white beach. A portion of this area is covered for shade with a built-in grill and comfortable furnishings for leisurely lounging while enjoying the soothing surf sounds along with the views. Tables allow fortunate owners or guests to dine poolside while looking out over the beautiful beach. There are wall mounted TVs in every bedroom for night time entertainment and giant oversized TVs in the main living areas. This sought after PCB location is minutes away from Pier Park for family fun, dining, drinking and shopping venues. The total price for both is $3,500,000 which is a $198,000 discount below the listing price if purchased separately.
Contact our Ocean ReefReal Estate office today for more information and schedule a tour at (877) 392-6085.