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204 3rd Street, Panama City Beach, FL 32413

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For Sale
Sale Pending

$729,000

5 beds • 4 baths • 2,276 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $320.30
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSTriple the Fun, Triple the Income - Just a Flip-Flop Away from the Sand! Investor's Jackpot meets Beach Bum Heaven! This one-of-a-kind gem comes with not one... not two... but THREE separate beach homes on a massive lot, just a seashell toss from private deeded beach access. Tucked on a quiet dead-end street and only 8 minutes from 30A, this beauty raked in $90K+ in 2024--and booking fast for 2025!Each unit is fully furnished, fabulously refreshed, and totally rental-ready.Unit 1: The Family Fun Zone2 Bed | 2 Bath | Sleeps a crowdServe up ping pong on the screened back deck, chill on comfy outdoor furniture, then head inside for a round of foosball and movie night on the sleeper sofa. Laundry included!Unit 2: The Clever Coastal StudioStudio | 1 Bath | Space-savvy + stylishRocking a 2022 glow-up with quartz counters, stainless appliances, a Murphy bed hidden in the cabinet and its own mini-split A/C. Oh--and private laundry too.Unit 3: The Beachy Bungalow2 Bed | 1 Bath | Cozy meets cuteTotally updated with new cabinets, appliances, laundry, and a fresh water heater. It's charming, beachy, and ready to go!All 3 units come with:Metal roofsIndividual water heatersOnsite laundry Furnishings & appliances includedLOW expenses + HIGH incomeWhether you're dreaming of a family compound, investment powerhouse, or a mix of both - 204 3rd Street is a rare find on the Emerald Coast. The oversized lot, beach access, and proven rental performance make this a coastal goldmine.Call your Realtor and start living your beachside dream--or cashing in on it!
MLS# 773102

Courtesy Of EXP Realty LLC

(888) 883-8509

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Patio
  • Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Lot Size
    0.16 Acres
  • Roof Type
    Metal
  • Rooms
    Family Room, Kitchen, Living Room

Map and Directions

Directions to 204 3rd Street, Panama City Beach, FL 32413

Home seller CENTURY 21 AllPoints Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 AllPoints Realty

(850) 837-7800
Learn More About Us

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Copyright © 2025 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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