RARE 5-UNIT DEVELOPMENT OPPORTUNITY. No HOA. 107' x 150' corner lot (0.37 acres) with dual access. Multi-unit potential. STR allowed & positive cash flow. Golf-cart community. Walking distance to Lake Powell & boat ramp; 5 min to 30A & beaches. City water, sewer nearby. Plus, HEAVILY REMODELED 3BR/2BA HOUSE: 2026 quartz countertops, fresh paint, farmhouse sink, Bosch dishwasher & luxury…
The Story
704 gulf view drive
RARE 5-UNIT DEVELOPMENT OPPORTUNITY. No HOA. 107' x 150' corner lot (0.37 acres) with dual access. Multi-unit potential. STR allowed & positive cash flow. Golf-cart community. Walking distance to Lake Powell & boat ramp; 5 min to 30A & beaches. City water, sewer nearby. Plus, HEAVILY REMODELED 3BR/2BA HOUSE: 2026 quartz countertops, fresh paint, farmhouse sink, Bosch dishwasher & luxury vinyl floors. Features gabled porch, trims, siding, deck, patio, fence & detached garage. 2023 roof. 2022 HVAC, PVC plumbing & spray-foam insulation. Passed wind mitigation (Citizens insured). Sold AS-IS. Boat & furniture negotiable. Live the Emerald Coast lifestyle dream! Sugar-white sandy beaches. Buyer to verify zoning with Bay County, FL. Unique and unbeatable property! Panama City Beach. Passed wind mitigation for favorable insurance positioning (fully insured with Citizens). Whether you choose to hold as a high-performing short-term rental, primary residence, or execute a multi-unit development vision, this property delivers unmatched coastal utility and upside. Homesite or vacation rental. Buyer to perform independent due diligence with Bay County Planning & Zoning regarding dimensions, utility connections, and land use regulations. Ample parking for 5+ cars, RVs, boats, enclosed trailers, and construction trucks. Property sold AS-IS. Boat and interior furniture may be included, and furnishings negotiable.
Facts & Features
Property Info
Price
$599,000
Completion Year
1,991
Living Space
1,104 sq ft
Floors
1
Bedrooms
3
Bathrooms
2
Garage
1 spaces
Features & Amenities
Garage / Parking
Secure and convenient space for cars, scooters, or guest vehicles.
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