117 Rose Lane, Panama City Beach, FL 32413
- Beds
- 6
- Baths
- 5
- Sqft
- 2,344
- Pool
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can!
Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists.
Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach.
The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024)
The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment.
With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market.
2025 (as of 2/1)
$157.8k Total
$153.7k Net Total
$128.1k Total Rent Only
Location
Full feature list
Basic info
- Number of bedrooms
- 6
- Number of bathrooms
- 5
- Square feet
- 2,344
- Lot size (acres)
- 0.21
- Year built
- 1950
Exterior features
- Pool
- Yes
Utilities
- Heating
- Central, Fireplace(s)
- Cooling
- Central air, Ceiling fan(s)
Taxes
- Tax Annual Amount (2023)
- $9,571
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Central Panhandle Association of REALTORS MLS®#: 766542
