214 Toledo Place, Panama City Beach, FL 32413
$1,865,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
3,245
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$1,865,000
List Date:
4/10/2024
Last Modified:
4/10/2024
Description
Unlock 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!
More Information MLS# 755519
Contract Info
Status: Active
List Date: 2024-04-10
List Price: $1,865,000
List Price/SqFt: 574.73
Current Price: $1,865,000
Location
Area: 03 - Bay County - Beach
Street #: 214
Street Name: Toledo
Street Suffix: Place
State: FL
Zip Code: 32413
County: Bay
Sub Area: 0324 - Beach - West Central
Subdivision: Laguna Beach
Community/Resort: Laguna Beach
Waterfront: No
Parcel ID: 37596-010-000
Elementary School: West Bay
Middle School: Surfside
High School: Arnold
Directions: From Hwy 79' and Panama City Beach Pkwy (Back Beach Road) or Front Beach Road turn on Toledo Place.
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
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
Apx SqFt(Htd/Cooled): 3245
SqFt Source: Builders Plans
Bedrooms: 5
Full Baths: 5
Total Baths: 5
# of Stories in Building: 3
Year Built: 2024
Immediate Occupancy: No
Construction Status: Under Construction
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 50x71x51x84
Acreage: 0.08
Lot Size (SqFt): 3485
Listing Info, Tax and Legal
Homestead: No
HOA Fee: No
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 896.09
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: No
Remarks & Misc
Remarks: Unlock 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!
Property Features
Appliances: Dishwasher; Microwave; Range - Gas; Range Hood; Refrigerator; Water Heater - Gas
Full Bathroom: Second; Third
Master Bedroom: Third
Bedroom: Second; Third
Construction/Siding: Frame; Roof - Metal
Cooling: Ceiling Fan(s); Central Air; Electric; Multi Units
Heating: Electric; Fireplace - Electric
Exterior: Balcony; BBQ Pit/Grill; Fenced Back Yard; Porch Covered; Shower
Financing: Cash; Conventional
Furnished: Furnished - All
Interior Features: Fireplace; Fireplace-Electric; Kitchen Island; Lighting Recessed; Washer/Dryer Hookup
Kitchen: First; Second
Living Room: Second
Lot Features: Landscaped; Within 1/2 Mile to Water
Mstr Bdrm/Mstr Bath: MBath Double Vanity; MBath Shower Only; MBath Tile; MBed Walk-in Closet
Master Bathroom: Third
Dining Room: Second
Garage: First
Laundry: First; Third
Pool Features: Heated - Gas; Inground; Private; Saltwater
Security Features: Fire Alarm; Fire Sprinkler System; Smoke Detector(s)
Parking Features: Driveway; Garage
Other Structures: Outdoor Kitchen
Project Facilities: Short Term Rental Allowed
Rooms: Bedroom; Dining Room; Full Bathroom; Garage; Kitchen; Laundry; Living Room; Master Bathroom; Master Bedroom
Showing: ShowingTime
Utilities: Gas - Natural; Public Sewer; Public Water
Room Information
Garage
Level: First
Dimensions: 21.1 x 19.1
Length: 21.10
Width: 19.10
Dimensions: 21.1 x 19.1
Kitchen
Level: First
Dimensions: 14.1 x 19.2
Length: 14.10
Width: 19.20
Dimensions: 14.1 x 19.2
Remarks: Outdoor
Laundry
Level: First
Dimensions: 6.11 x 6.4
Length: 6.11
Width: 6.40
Dimensions: 6.11 x 6.4
Bedroom
Level: Second
Dimensions: 14.6 x 11.1
Length: 14.60
Width: 11.10
Dimensions: 14.6 x 11.1
Full Bathroom
Level: Second
Dimensions: 8.4 x 10.1
Length: 8.40
Width: 10.10
Dimensions: 8.4 x 10.1
Dining Room
Level: Second
Dimensions: 19.11 x 10.2
Length: 19.11
Width: 10.20
Dimensions: 19.11 x 10.2
Kitchen
Level: Second
Dimensions: 19.11 x 15.01
Length: 19.11
Width: 15.01
Dimensions: 19.11 x 15.01
Living Room
Level: Second
Dimensions: 19.11 x 17.4
Length: 19.11
Width: 17.40
Dimensions: 19.11 x 17.4
Laundry
Level: Third
Dimensions: 7.11 x 6.01
Length: 7.11
Width: 6.01
Dimensions: 7.11 x 6.01
Bedroom
Level: Third
Dimensions: 19.11 x 12.9
Length: 19.11
Width: 12.90
Dimensions: 19.11 x 12.9
Bedroom
Level: Third
Dimensions: 19.11 x 12.8
Length: 19.11
Width: 12.80
Dimensions: 19.11 x 12.8
Master Bedroom
Level: Third
Dimensions: 13.9 x 13.2
Length: 13.90
Width: 13.20
Dimensions: 13.9 x 13.2
Bedroom
Level: Third
Dimensions: 12.7 x 11.8
Length: 12.70
Width: 11.80
Dimensions: 12.7 x 11.8
Full Bathroom
Level: Third
Dimensions: 11.9 x 6.4
Length: 11.90
Width: 6.40
Dimensions: 11.9 x 6.4
Master Bathroom
Level: Third
Dimensions: 11.5 x 5.1
Length: 11.50
Width: 5.10
Dimensions: 11.5 x 5.1
Full Bathroom
Level: Third
Dimensions: 6.6 x 9.7
Length: 6.60
Width: 9.70
Dimensions: 6.6 x 9.7
Full Bathroom
Level: Third
Dimensions: 6.3 x 9.7
Length: 6.30
Width: 9.70
Dimensions: 6.3 x 9.7
Listing Office: Coldwell Banker Realty
Last Updated: April - 10 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.