214 Toledo Place, Panama City Beach, FL 32413
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Priced at Only: $1,698,000
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Address: 214 Toledo Place, Panama City Beach, FL 32413
Property Location and Similar Properties
- MLS#: 755519 ( Residential )
- Street Address: 214 Toledo Place
- Viewed: 29
- Price: $1,698,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Bedrooms: 5
- Total Baths: 5
- Full Baths: 5
- Garage / Parking Spaces: 2
- Days On Market: 259
- Additional Information
- Geolocation: 30.2421 / -85.9228
- County: BAY
- City: Panama City Beach
- Zipcode: 32413
- Subdivision: Laguna Beach
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
- Provided by: Coldwell Banker Realty
- DMCA Notice
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DescriptionUnlock the potential of coastal real estate with 214 Toledo Place in Panama City Beach, FL, Laguna Beach. This property presents a lucrative investment opportunity, offering a blend of luxury amenities, prime location, and energy efficiency.With 3245 sq ft of heated/cooled space, this 3 story home features 5 bedrooms and 5 full bathrooms. Its close proximity to public beach access ensures high demand for short term rentals, making it an attractive prospect for investors.Each aspect of this property has been carefully designed to maximize returns. From the balconies with water views to the oversized covered outdoor kitchen/entertaining space, every detail caters to the desires of vacationers seeking the ultimate coastal getaway.The outdoor kitchen is equipped with a 38'' built in grill, outdoor ducted hood, ice maker, mini fridge, and sink, providing the perfect setting for al fresco dining and entertaining.Inside, premium features such as 10' ceilings, PGT Impact windows/doors, Carrera Marble tile, and Quartz countertops elevate the property's appeal, commanding premium rental rates. Energy efficiency is integrated into the construction with 2x6 framing, R 19 insulation, and a spray foamed roof deck, ensuring lower utility costs and a smaller environmental footprint.Custom touches, including 8' solid wood interior doors, wooden closet shelving, and low profile mud in HVAC grills, add a touch of luxury, while safety and convenience are ensured with a sprinkler/fire alarm system (short term rental requirements) and a 2 car garage.For added convenience, the property boasts laundry rooms on both the 1st and 3rd floors, making it exceptionally practical for guests and maximizing rental appeal.For savvy investors, the inclusion of natural gas appliances (natural gas on demand tankless water heater, natural gas 36'' kitchen range,natural gas 38'' built in outdoor grill, natural gas pool heater), including a heated saltwater pool and outdoor shower, not only enhances the property's attractiveness but also reduces long term operational costs.Fully furnished and move in ready, this property offers immediate income potential. Don't miss out on this prime investment opportunity schedule a showing today and capitalize on the thriving Panama City Beach rental market!
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Features
Building and Construction
- Covered Spaces: 0.00
- Exterior Features: BuiltInBarbecue, Balcony, OutdoorShower
- Fencing: Fenced
- Living Area: 3245.00
- Other Structures: OutdoorKitchen
- Roof: Metal
Land Information
- Lot Features: Landscaped
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: West Bay
Garage and Parking
- Garage Spaces: 2.00
- Open Parking Spaces: 0.00
- Parking Features: Driveway, Garage
Eco-Communities
- Pool Features: GasHeat, InGround, SaltWater
Utilities
- Carport Spaces: 0.00
- Cooling: CentralAir, CeilingFans, Electric, MultiUnits
- Heating: Electric, Fireplaces
- Utilities: NaturalGasConnected, WaterConnected
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: 2023
- Trash Expense: 0.00
Other Features
- Appliances: Dishwasher, GasRange, GasWaterHeater, Microwave, Refrigerator, RangeHood
- Furnished: Furnished
- Interior Features: Fireplace, KitchenIsland, RecessedLighting
- Legal Description: LAGUNA BEACH (7.02) BEG AT NLY COR OF LOT 7 ELY 71.49' S 51.58' WLY 84.71' N 49.86' TO POB AKA PT OF LOT 7 BLK 13 ORB 4677 P 1269
- Area Major: 03 - Bay County - Beach
- Occupant Type: Vacant
- Parcel Number: 37596-010-000
- Style: Coastal
- The Range: 0.00
- Views: 29
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