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47
Photos
214 Toledo Place, Panama City Beach, FL 32413
$1,864,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
5
baths
3,245
sqft
Built in
2024
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!
Features & Amenities
Interior
- General:
- Fireplace,Kitchen Island,Recessed Lighting
- Appliances:
- Dishwasher,Gas Range,Gas Water Heater,Microwave,Refrigerator,Range Hood
- Laundry:
- Washer Hookup,Dryer Hookup
- A/C:
- true, Central Air,Ceiling Fan(s),Electric,Multi Units
- Heating:
- true, Electric,Fireplace(s)
- Fireplace:
- Electric, Fireplace
Exterior
- General:
- Built-in Barbecue,Balcony,Outdoor Shower, Outdoor Kitchen
- Style:
- Coastal
- Other Structures:
- Outdoor Kitchen
- Pool:
- Gas Heat,In Ground,Private,Salt Water
- Parking:
- Driveway,Garage
Construction
- Roofing:
- Metal
- General:
- Frame, 3
Location
- Originating MLS:
- BCAR
- County:
- Bay
Lot
- Zoning:
- 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, 37596-010-000
- Fencing:
- Fenced
Utilities
- Utilities:
- Natural Gas Connected,Sewer Connected,Water Connected
Financial
- Source:
- BCAR
This listing courtesy of:
Coldwell Banker Realty
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Panama City Beach, FL
Housing
- Number of Units
- 31,896
- Median Home Value
- $306,279
- Median Rent
- $1,210
30.02% of housing units are renter occupied.
53.38% are vacant.
Commute
- Car
-
67.14%
- Public Transportation
-
0.62%
- Walk to Work
-
0.22%
- Work from Home
-
31.39%
- Other
-
0.28%
The median travel time to work is 15 minutes.
People
- Population
- 31,804
- Median Age
- 46.00
- Median Household Size
- 2.51
Education
- High School
-
25.16%
- Associate’s Degree
-
12.05%
- Bachelor’s Degree
-
22.13%
- Graduate Degree
-
12.21%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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