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423 Kelly Street, Panama City Beach, FL 32413

Panama City Beach
Local realty services provided by:CENTURY 21 First Story Real Estate
423 Kelly Street,Panama City Beach, FL 32413
$499,999
  • 3 Beds
  • 2 Baths
  • 1,200 sq. ft.
  • Single family
  • Active
Listed by: marcy l o'donnell
Office: luxe coastal realty group llc.
MLS#:788212
Source:FL_BCMLS

Price summary

  • Price:$499,999
  • Price per sq. ft.:$416.67

About this home

Back on the market--no fault of the seller--offering a second chance to secure this incredible beach investment opportunity. Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short-term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around...

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Home facts

  • Year built:1983
  • Listing ID #:788212
  • Added:62 day(s) ago
  • Updated:June 13, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:3
  • Living area:1,200 sq. ft.

Structure and exterior

  • Year built:1983
  • Building area:1,200 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Bungalow

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:West Bay

Finances and disclosures

  • Price:$499,999
  • Price per sq. ft.:$416.67
  • Tax amount:$4,388 (2025)
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. CENTURY 21 First Story Real Estate is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 First Story Real Estate, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved. FL_BCMLS Member Broker: Debbie Kirkand

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