GREAT INVESTMENT with rental projections ranging from 45k-47k which indicates a 8% ROI. This is a huge rate of return considering being so close to the beach!!Introducing Riviera beach finest beach house located at 21401 Hilltop Ave, Panama City Beach, FL 32413 on the West end close to 30A. This location will be crucial to your home buying decision because it offers opportunities like no other!! Being just 3 blocks from the beach, it's easy to hop on your golf cart and be there in minutes, or if you feel like making a cardio type afternoon it's in walking distance to the beach. Along with this amazing perk, there are some key updates to note about this completely remodeled house. Those include; freshly painted both on the interior and exterior, new hurricane impact windows which are vital being in such close proximity to the beach, brand new granite countertops with 42'' inch cabinets to give it that modern sophisticated look, new stainless steel LG appliances to give it that sleek look, nice two tone shiplap around the breakfast bar area to prevent scratches, all tile master bathroom with two niches, a seat, and glass doors, new LVP flooring all throughout except the bathrooms which has tile, NEW ROOF which helps with insurance, new paver driveway and back patio area, and new light fixtures and remote fans for your convenience. More importantly, this house has a 10ft privacy fence with backyard space big enough to fit a TIKI POOL/LAP POOL. Also, there is a 576sqft TWO CAR GARAGE in the back that is fully insulated which can easily be converted into a 2br/1bath ADU/studio, giving this property an advantage for short term rental. So, essentially you could have a 4br/3bath beach house that sleeps 8-10 people which provides a greater return on your investment from an investment standpoint!!!!With that being said, if you are looking for the best of both worlds in terms of personal use and investment, this offers the perfect opportunity!! Therefore, make the best of this opportunity and get into one of the most sought after neighborhood in PCB with no HOA, endless short term possibilities and serene tranquility. Schedule a private showing today so you can visualize the potential of this home!!!
Property Type(s):
Single Family
|
Last Updated
|
4/8/2024
|
Tract
|
Riviera Beach
|
|
Year Built
|
1991
|
Community
|
03 - Bay County - Beach
|
|
Garage Spaces
|
2.0
|
County
|
Bay
|
SCHOOLS
| Elementary School |
West Bay |
| Jr. High School |
Surfside |
| High School |
Arnold |
Price History
|
Prior to Mar 21, '24
|
$585,000 |
|
Mar 21, '24 - Mar 28, '24 |
$575,000 |
|
Mar 28, '24 - Apr 8, '24 |
$560,000 |
| Apr 8, '24 - Today |
$549,000 |
Additional Details
| AIR |
Ceiling Fan(s), Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer |
| AREA |
03 - Bay County - Beach |
| CONSTRUCTION |
Stucco |
| GARAGE |
Yes |
| HEAT |
Central, Electric |
| INTERIOR |
Breakfast Bar, Pantry |
| LOT |
5227 sq ft |
| LOT DIMENSIONS |
110*50 |
| PARKING |
Driveway, Garage, Open |
| STYLE |
Coastal |
| SUBDIVISION |
Riviera Beach |
| TAXES |
2627 |
| ZONING |
Resid Single Family |
Location
Listing provided by Salty Marlin Realty LLC
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2024.
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