Address: 2016 Twin Oaks Drive, Panama City, FL 32408
Description
Wonderfully maintained 3Bd/3Ba home on 0.25 acre lot located in a quiet neighborhood North Lagoon Oaks. Home features major renovation in 2021, accompanied by a 1000+ sqft addition, creating a spacious 1870 sqft interior. Recent updates include the kitchen, master bedroom, main bathroom and new metal roof. The kitchen is equipped with SS appliances and open to the dining area. Being on Short term rent program this home generated $54k in 2022 and about $40k in 2023. Long term rented in 2024 for $2,900 made $34,800. Tenant is on month to month lease for $2,900 per month and would like to stay. A spacious 60+ft driveway at the front of the property and an additional 40ft driveway at the rear provides plenty of parking space. Additional features: RV parking with 50 amp electrical service and its own septic system, large pool with surrounding deck, laundry room with washer and dryer. Perfectly located only minutes away from the white sandy beaches of the Gulf of Mexico, the Navy base, St Andrews State Park, College, Pier Park, shopping, restaurants, and entertainment. Perfect as a primary residence, vacation home or as investment property! Flood zone X which means flood insurance is not required.
Wonderfully maintained 3Bd/3Ba home on 0.25 acre lot located in a quiet neighborhood North Lagoon Oaks. Home features major renovation in 2021, accompanied by a 1000+ sqft addition, creating a spacious 1870 sqft interior. Recent updates include the kitchen, master bedroom, main bathroom and new metal roof. The kitchen is equipped with SS appliances and open to the dining area. Being on Short term rent program this home generated $54k in 2022 and about $40k in 2023. Long term rented in 2024 for $2,900 made $34,800. Tenant is on month to month lease for $2,900 per month and would like to stay. A spacious 60+ft driveway at the front of the property and an additional 40ft driveway at the rear provides plenty of parking space. Additional features: RV parking with 50 amp electrical service and its own septic system, large pool with surrounding deck, laundry room with washer and dryer. Perfectly located only minutes away from the white sandy beaches of the Gulf of Mexico, the Navy base, St Andrews State Park, College, Pier Park, shopping, restaurants, and entertainment. Perfect as a primary residence, vacation home or as investment property! Flood zone X which means flood insurance is not required.
Features
Building and Construction
Covered Spaces: 0.00
Exterior Features: Deck
Fencing: Partial, Privacy
Flooring: Laminate, Vinyl
Living Area: 0.00
Land Information
Lot Features: Paved
School Information
High School: Arnold
Middle School: Surfside
School Elementary: Patronis
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Driveway
Eco-Communities
Pool Features: InGround
Utilities
Carport Spaces: 0.00
Cooling: CentralAir
Heating: Central, Electric
Road Frontage Type: CountyRoad
Sewer: SepticTank
Utilities: ElectricityAvailable, SepticAvailable
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Pet Deposit: 0.00
Security Deposit: 0.00
Tax Year: 2024
Trash Expense: 0.00
Other Features
Appliances: Dryer, Refrigerator, Washer
Interior Features: Fireplace, WindowTreatments
Legal Description: NORTH LAGOON OAKS 7TH ADD. LOT 11 BLK H ORB 4353 P 1698
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