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214 Toledo Place
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PRICED AT ONLY: $1,698,000

Address: 214 Toledo Place, Panama City Beach, FL 32413

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!

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  • MLS#: 755519 ( Residential )
  • Street Address: 214 Toledo Place
  • Viewed: 28
  • Price: $1,698,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2024
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 5
  • Full Baths: 5
  • Garage / Parking Spaces: 2
  • Days On Market: 256

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!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: BuiltInBarbecue, Balcony, OutdoorShower
  • Fencing: Fenced
  • Living Area: 3245.00
  • Other Structures: OutdoorKitchen
  • Roof: Metal
Land Information
  • Lot Features: Landscaped
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: West Bay
Garage and Parking
  • Garage Spaces: 2.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway, Garage
Eco-Communities
  • Pool Features: GasHeat, InGround, SaltWater
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, Electric, MultiUnits
  • Heating: Electric, Fireplaces
  • Utilities: NaturalGasConnected, WaterConnected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Appliances: Dishwasher, GasRange, GasWaterHeater, Microwave, Refrigerator, RangeHood
  • Furnished: Furnished
  • Interior Features: Fireplace, KitchenIsland, RecessedLighting
  • 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
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Vacant
  • Parcel Number: 37596-010-000
  • Style: Coastal
  • The Range: 0.00
  • Views: 28
Nearby Subdivisions
[no Recorded Subdiv]   Bayside At Ward Creek   Beachside West   Beachwalk Condo   Bid A Wee   Bid-a-wee   Bid-a-wee Beach   Bid-a-wee Beach 1st Add   Breakwater At Ward Creek   Carillon Beach   Carillon Beach Phase Iii   Carillon Beach Phase Xxviii   Carillon Beach Phase Xxxvii   Crestview Heights   Crown Point   Diamond Head-lakeside   El Centro Beach   Gulf Highlands   Gulf Highlands Unit-1   Gulf Highlands Unit-2   Gulf Vista   High Ridge Estates   Hollywood Beach   Horizon South Townhouses   Inlet Beach Heights   Jamaican Lake   Kiska Beach   Kiska Beach 1st Add   La Valencia Beach Resort   Laguna Beach   Laguna Beach 2nd Add   Laguna Beach 3rd Add   Laguna Beach 4th Add   Laguna Beach 5th Add   Laguna Beach 6th Add   Laguna Beach 7th Add   Laguna Beach 8th Add   Laguna Beach Estates   Laguna Beach Estates 1st Add   Laguna Beach Estates 4th Add   Laguna Beach Estates 5th Add   Laguna Beach Estates 7th Add   Laguna Beach Estates 9th Add   Laguna Haven   Lakeside   Lakeside By The Gulf   Lakeside Villas   Latitude At Watersound   Lullwater Beach   Margaritaville Cottages   Miller's Landing On Lake Powel   Miramar Beach   Miramar Beach 1st   Miramar Heights   No Named Subdivision   North Bid-a-wee Beach 1st Add   Open Sands   Open Sands Blk. F   Osprey Pointe At Powell   Palmetto Trace   Palmetto Trace Phase 1   Palmetto Trace Phase 2   Palmetto Trace Phase Iii   Palmetto Trace Phase Iv   Paradise Grove   Pointe Panama   Reviera Beach Villas   Rivercamps On Crooked Creek   Rivercamps On Crooked Creek Ph   Riviera Beach   Riviera Beach 1st Add   Royal Palms Of Laguna Beach   Sand Dollar Estates   Seaclusion Beach   Seagull Beach   Seakove Heights Unrec   Shores   Shores Townhouses   Southfield Sec 1   Summer Breeze Phase I   Summerwood   Summerwood Phase I   Summerwood Phase Ii   Sunnyside   Suntime Beach U-1   The Palms   The Preserve At Lake Powell   Turtle Cove At Lake Powell   Villa Chateaus   Waterview   Wells Gulf Beach Estates   Wendwood Townhomes   Westlake Estates Phase Ii   Westwood Beach Estates   Whisper Dunes   White Sands Estates   Wild Heron Phase I   Wild Heron Phase Ii   Wild Heron Phase Ix   Wild Heron Phase V   Wild Heron Phase Vi   Wild Heron Phase Viii   Wild Heron Phase Xiv  
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