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Wade M. Berlin

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  4. 230 13th Street, Panama City Beach, FL 32413
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230 13th Street
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PRICED AT ONLY: $475,000

Address: 230 13th Street, Panama City Beach, FL 32413

Description

Extremely successful cash flowing short term rental. This newly remodeled Laguna Beach property situated in the highly desirable west Panama City Beach, just 2.5 blocks from the Gulf! 1 minute golf car ride. This one of a kind property boasts two separate income approaches, maximizing returns. The front is an adorable guest quarters that is a 2 bedroom and 1 bath, perfect for accommodation, in laws, or generating rental income. Complete with a master suite, living room, open kitchen/dining area, bunkbed room, additional sleeping space including a loft area, it has the option to come fully furnished. The second living area is a spacious 3 bedroom, 1 bathroom mobile home featuring attractive vinyl flooring throughout, an open floor plan, new electrical, new HVAC, septic system pumped 4/4/2025, new insulation. Outside, enjoy a fantastic lookout deck atop the home. Situated on a generous 50x100 lot on a dead end street (no pass through traffic). These STRs did $76K in the first year (2025) and already have $55K on the books for 2026. Even a couple bookings for 2027.

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More Like This
  • MLS#: 783676 ( Residential )
  • Street Address: 230 13th Street
  • Viewed: 17
  • Price: $475,000
  • Price sqft: $372
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Other
  • Year Built: 1965
  • Bldg sqft: 1278
  • Bedrooms: 5
  • Total Baths: 2
  • Full Baths: 2
  • Garage / Parking Spaces: 1
  • Days On Market: 120

Description

Extremely successful cash flowing short term rental. This newly remodeled Laguna Beach property situated in the highly desirable west Panama City Beach, just 2.5 blocks from the Gulf! 1 minute golf car ride. This one of a kind property boasts two separate income approaches, maximizing returns. The front is an adorable guest quarters that is a 2 bedroom and 1 bath, perfect for accommodation, in laws, or generating rental income. Complete with a master suite, living room, open kitchen/dining area, bunkbed room, additional sleeping space including a loft area, it has the option to come fully furnished. The second living area is a spacious 3 bedroom, 1 bathroom mobile home featuring attractive vinyl flooring throughout, an open floor plan, new electrical, new HVAC, septic system pumped 4/4/2025, new insulation. Outside, enjoy a fantastic lookout deck atop the home. Situated on a generous 50x100 lot on a dead end street (no pass through traffic). These STRs did $76K in the first year (2025) and already have $55K on the books for 2026. Even a couple bookings for 2027.
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Features
Building and Construction
  • Covered Spaces: 1.00
  • Exterior Features: Patio
  • Living Area: 0.00
  • Roof: Metal
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 1.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Road Frontage Type: CityStreet
  • Utilities: NaturalGasAvailable
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: 2025
  • Trash Expense: 0.00
Other Features
  • Accessibility Features: AccessibleFullBath, AccessibleBedroom, CommonArea, AccessibleCentralLivingArea, ReinforcedFloors, AccessibleEntrance
  • Appliances: ConvectionOven, WasherDryerStacked, ElectricCooktop, ElectricWaterHeater
  • Legal Description: LAGUNA BEACH 8TH ADD BEG SW COR OF LOT 10 NELY 50' SELY 92.23' SWLY 51.23' NWLY 95.73' TO POB BLK R ORB 3801 P 571
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 38186-100-000
  • Style: ManufacturedHome
  • The Range: 0.00
  • Views: 17
Nearby Subdivisions
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Contact Info

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  2. The Real Estate Professional You Deserve
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Wade M. Berlin

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