3923 Ocean View DR Active

Panama City,FL 32408

$ 509900

3 Beds

2 Baths

2462 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,462 sqft

Price per Sqft $207

Subdivision Silver Sands Unit 2

MLS Listing ID 760055

Style Contemporary

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1975

Annual Tax Amount $3,439

Tax Year 2023

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features High Ceilings,Vaulted Ceiling(s)

Heating Central,Electric

Cooling Central Air,Electric

Furnishings Unfurnished

Fireplace No

Appliance Electric Cooktop,Electric Oven,Electric Water Heater,Microwave,Refrigerator

Exterior

Exterior Feature Balcony

Garage Attached,Driveway,Garage,Garage Door Opener

Garage Spaces 1.0

Garage Description 1.0

Community Features Short Term Rental Allowed

Utilities Available Electricity Connected,Septic Available

Waterfront No

Roof Type Composition,Shingle

Porch Balcony

Building

Story 2

Foundation Slab

Sewer Septic Tank

Architectural Style Contemporary

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 30196-710-000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Listed As-Is

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