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Sold for $1,230,000
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    • $1,230,000

    117 Rose Ln, Panama City Beach, FL 32413

    6beds
    2,344sqft
    Single Family Residence
    Built in 1950
    9,147 Square Feet Lot
    $1,218,200 Zestimate®
    $525/sqft
    $3,711 Estimated rent

    Home value

    $1,218,200

    $1.08M - $1.36M

    $3,711/mo

    Zestimate® history
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    What's special

    Beachside property
    CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS. Grab a (Large) Piece of Olde Florida Charm While You Can! Nautical Rose offers a rare opportunity to own a beachside property with significant rental income potential. After the completion of a brand new massive heated saltwater pool in March 2024, the home generated $128k in net rent for 2024. With $157k already on the books for 2025, the home is on track to hit $175k+ in 2025. The current owner is successfully self-managing the property and is willing to continue managing for a smooth transition, including offering all previous guest and prospect lists. Located just half a block from Laguna Beach, one of the most private public beaches in the U.S., the property is also 8 minutes to Pier Park and Rosemary Beach. This large 0.21-acre lot is the biggest available this close to the beach. The home is nearly all concrete block, featuring 6 bedrooms (3 kings, 2 queens, 1 bunk), 4.5 baths, and ample space for 16 guests. Recent upgrades include a 35-foot heated saltwater pool (March 2024), a 7-person Monterey Premier hot tub (February 2023), and two renovated outdoor heated showers (March 2024). A new 5-ton Bosch heat pump (September 2024) and electrical upgrades throughout (August 2024) ensure the home is in top condition. Additional improvements include new septic pipes and septic Clean Out (December 2024). Home also has a whole home surge protector (2024). Brand new oversized washer/dryer (June 2024) & Installed 6th bedroom (August 2024) The sale includes everything on-site, from appliances and furniture to linens, pool table, and outdoor amenities making this a true turnkey investment. With a prime location, strong rental history, and all the upgrades in place, Nautical Rose is a perfect opportunity for investors looking to capitalize on the beach rental market. 2025 (as of 2/1) $157.8k Total $153.7k Net Total $128.1k Total Rent Only

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Flanagan 678-898-1665,

    Keller Williams Success Realty

    Bought with:

    January Johnson, SL3368469

    EXP Realty LLC

    Source: CPAR,MLS#: 766542MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 14
    Bedroom
    • Level: First
    • Dimensions: 11.6 x 13
    Bedroom
    • Level: First
    • Dimensions: 15 x 13
    Dining room
    • Level: First
    • Dimensions: 13 x 7
    Kitchen
    • Level: First
    • Dimensions: 20 x 9
    Living room
    • Level: First
    • Dimensions: 20 x 21
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
    Features
    • Interior Steps
    • Flooring: Concrete
    Interior area
    • Total structure area: 2,344
    • Total interior livable area: 2,344 sqft

    Property

    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Patio & porch: Enclosed, Patio
    • Exterior features: Patio, Fire Pit, Outdoor Shower
    • Has private pool: Yes
    • Pool features: Electric Heat, In Ground, Salt Water, Private
    • Fencing: Fenced,Privacy
    Lot
    • Size: 9,147 Square Feet
    • Dimensions: 75' x 120'
    Details
    • Additional structures: Shed(s)
    • Parcel number: 36644000000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Utilities for property: Cable Connected, Phone Connected

    Community & HOA

    Community
    • Features: Short Term Rental Allowed
    • Subdivision: Laguna Beach Estates 1st Add
    HOA
    • Has HOA: No
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $525/sqft
    • Tax assessed value: $808,836
    • Annual tax amount: $9,571
    • Date on market: 12/26/2024
    • Cumulative days on market: 40 days

    Price history

    DateEventPrice
    3/7/2025Sold$1,230,000-4.7%$525/sqft
    Source: CPAR #766542 Report a problem
    2/5/2025Contingent$1,290,000$550/sqft
    Source: CPAR #766542 Report a problem
    12/26/2024Listed for sale$1,290,000+43.3%$550/sqft
    Source: CPAR #766542 Report a problem
    8/19/2022Sold$900,000-9.5%$384/sqft
    Source: CPAR #727792 Report a problem
    6/29/2022Contingent$994,990$424/sqft
    Source: CPAR #727792 Report a problem
    6/16/2022Price change$994,9900%$424/sqft
    Source: CPAR #727792 Report a problem
    6/9/2022Listed for sale$995,000+59.2%$424/sqft
    Source: CPAR #727792 Report a problem
    3/26/2021Sold$625,000-3.8%$267/sqft
    Source: CPAR #706395 Report a problem
    2/7/2021Contingent$649,900$277/sqft
    Source: CPAR #706395 Report a problem
    1/9/2021Listed for sale$649,900+188.8%$277/sqft
    Source: CPAR #706395 Report a problem
    4/7/2008Sold$225,000$96/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,980 +4.3%$808,836 +6.1%
    2023$9,571 +52.4%$762,359 +41.3%
    2022$6,282 $539,710
    2021-- --
    2020$2,479 +8.1%$200,486 +9.7%
    2019$2,293 $182,828 +8.7%
    2018$2,293 +6.8%$168,246 +7.3%
    2017$2,146 +6.5%$156,747 +0.7%
    2016$2,015 -4.2%$155,582 -0.5%
    2015$2,104 $156,416 -2.8%
    2014$2,104 $160,861 -1.8%
    2013-- $163,848 -0.2%
    2012-- $164,148 -7.1%
    2011-- $176,751 -3.5%
    2010-- $183,226 -18.3%
    2009-- $224,253 -15.7%
    2008-- $265,904 -23.3%
    2007-- $346,755 -17.1%
    2006-- $418,224 +190.8%
    2005-- $143,806 +24.3%
    2004-- $115,707 +53%
    2003-- $75,637 +6.9%
    2002-- $70,775
    2001-- $70,775 +11.5%
    2000-- $63,493
    Find assessor info on the county website

    Neighborhood: 32413

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: West Bay
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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