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Wade M. Berlin

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211 & 213 Venado Place
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PRICED AT ONLY: $550,000

Address: 211 & 213 Venado Place, Panama City Beach, FL 32413

Description

Exceptional opportunity to acquire two adjacent buildable lots in Panama City Beach with existing income in place and a clear path to redevelopment. The property includes two mobile homes currently generating rental income, positioned across the combined parcel (not separately situated on each individual lot), offering flexibility for a buyer to maintain income while planning future construction. The true value lies in the development potential. A newly completed home next door demonstrates what can be built in this location, providing a strong blueprint for future use. Sewer is already available across the street, helping simplify the development process, and plans and recent construction estimates are available to give buyers clarity on next steps. Whether you choose to hold for income while planning redevelopment or move forward with building on one or both lots, this property offers a rare combination of cash flow, land value, and future upside. Opportunities to secure two side by side lots with income and proven build potential in Panama City Beach are limited.

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More Like This
  • MLS#: 786969 ( Land )
  • Street Address: 211 & 213 Venado Place
  • Viewed: 2
  • Price: $550,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 11

Description

Exceptional opportunity to acquire two adjacent buildable lots in Panama City Beach with existing income in place and a clear path to redevelopment. The property includes two mobile homes currently generating rental income, positioned across the combined parcel (not separately situated on each individual lot), offering flexibility for a buyer to maintain income while planning future construction. The true value lies in the development potential. A newly completed home next door demonstrates what can be built in this location, providing a strong blueprint for future use. Sewer is already available across the street, helping simplify the development process, and plans and recent construction estimates are available to give buyers clarity on next steps. Whether you choose to hold for income while planning redevelopment or move forward with building on one or both lots, this property offers a rare combination of cash flow, land value, and future upside. Opportunities to secure two side by side lots with income and proven build potential in Panama City Beach are limited.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
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
  • Legal Description: LAGUNA BEACH LOTS 5 & 6 BLK 11 ORB 3454 P 1133
  • Area Major: 03 - Bay County - Beach
  • Parcel Number: 37487-000-000
  • The Range: 0.00
Nearby Subdivisions
[no Recorded Subdiv]   Barrett Sub   Bid A Wee   Carillon Beach   Carillon Beach Phase Xxxix   Crestview Heights   El Centro Beach   Gulf Highlands   Gulf Highlands Unit-2   Hollywood Beach   La Valencia Beach Resort   Laguna Beach   Laguna Beach 3rd Add   Laguna Beach 4th Add   Laguna Beach Estates   Laguna Beach Estates 7th Add   Lullwater Beach   Miramar Heights   No Named Subdivision   Open Sands   Paradise Grove   Rivercamps On Crooked Creek   Rivercamps On Crooked Creek Ph   Riviera Beach   Riviera Beach 1st Add   Sand Dollar Estates   Santa Monica Beach   Seminole Ridge   Summer Breeze Phase Ii   Wells Gulf Beach Estates   White Sands Estates   Wild Heron Phase I   Wild Heron Phase Ii   Wild Heron Phase Iii   Wild Heron Phase Xi  
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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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