BEDS8
BATHS8 full
SQUARE FEET3,200
MLS#779488
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGulf Pines U-3
Property Description
Attention Investors! Sarah Jean Cottages consists of four 2 bed 2 bath 800 sf cottages and 9 additional buildable lots in this quaint Panama City Beach neighborhood. Short term rentals are allowed and three of the cottages are currently rented on Airbnb with great returns. The fourth unit has a long-term lease. These beautiful properties have open floor plans with laminate flooring throughout, stainless steel appliances, granite countertops in the kitchen, tankless water heaters, tub/shower in guest bathroom and walk in shower in master. The short term rental units are fully furnished and outfitted and additionally come with washer and dryers. Paver driveways offer attractive parking. There are two different single story floor plans that have been built, but a two-story option could be built as well in the same footprint. An HOA has been drawn up but not finalized yet. The HOA would need to be established if the buyer wanted to sell the cottages individually. The common areas to maintain are the road, lift station and common grounds. The seller has done all of the needed development work except for installing electrical pedestals for the last 6 lots. Construction plans are included in the Documents. Survey can be provided. Please note that the two-story house in the back of the property is not part of this sale. Please don't disturb tenants if you drive by. Appointments need to be made to see inside the units. Rental numbers are included in the Documents. This sale includes three parcels: 30197-590-000, 30197-590-004, and 30197-590-014. Just a few minutes from the beach, and close to shopping, restaurants, boat rentals, and attractions such as golf, miniature golf, go-karts, Wonderworks, Ripleys and more!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Ceiling Fan(s)
Heating: Central, Electric
Lot Size: 0.71 Acres
Taxes: $6,116
Year Built: 2019
Feature Descriptions
Appliances: Electric Water Heater
Community Features: Short Term Rental Allowed
Days on Site: 205
Exterior: HardiPlank Type, Wood Frame
Flooring: Luxury Vinyl Plank
Lot Dimensions: 233 x 195
Parcel#: 30197-590-000
Sewer: Public Sewer
Room Sizes
Other: 0 X 0 Level - First
Other: 0 X 0 Level - First
Primary Bathroom: 5 X 10 Level - First
Primary Bedroom: 9 X 10 Level - First
Full Bath: 8 X 4 Level - First
Bedroom: 9 X 8 Level - First
Kitchen: 15 X 10 Level - First
Living Room: 15 X 10 Level - First
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Keller Williams Success Realty
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 3,779.55 per month $2,891.01 Principal & Interest $509.67 Property Tax $378.88 Homeowner's InsuranceChange Payment Information
2907 Sarah Jean Court | MLS# 779488
This multi-family property located at 2907 Sarah Jean Court, Panama City, FL 32408 is currently listed for sale with an asking price of $1,299,000. Search Panama City real estate on www.realtymarkllc.com today.