Luxury Beachside Duplex | Laguna Beach | No HOA | High-Yield STR Potential
Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ''live-in-one, rent-the-other'' setup, this turnkey property delivers.
The Property Highlights:
Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag.
Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex.
Turnkey Ready: Professionally furnished and decorated--this ''Gem'' is ready to hit the rental market on day one.
Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate).
Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north.
Investment Snapshot:
Projected Annual Income: Up to $130,000 in gross short-term rental revenue.
Land Value: Situated on a premium parcel with land value alone estimated near $700k.
No HOA: Total freedom for owners with no restrictive associations or monthly dues.
Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought-after growth corridor.
277 days
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710
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58
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Zillow last checked:
Listing updated:
Listed by:
Brian Clowdus256-504-3799,
Christies International Real Estate Emerald Coast
Source: CPAR,MLS#: 781140Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
Rooms
Room types: Bedroom, Living Room
Bedroom
Description: Unit 1
Level: Second
Dimensions: 15 x 15
Bedroom
Description: Unit 2
Level: Second
Dimensions: 15 x 15
Living room
Description: Unit 1
Level: First
Dimensions: 15 x 20
Living room
Description: Unit 2
Level: First
Dimensions: 15 x 20
Heating
Ductless
Cooling
Ceiling Fan(s), Ductless
Appliances
Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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