327 Derondo St #A & B, Panama City Beach, FL 32413

Introducing an exceptional investment opportunity in unincorporated Bay County , located west of Hwy. 79 and south of Hwy. 98! This listing features one of two duplexes, sold together as one package at $850,000, offering a total of 6 rooms, 2 full baths, and a combined 2596 sq ft. The first duplex boasts a total of 1276 sq ft. Unit A comprises a cozy 1 bedroom and 1 bath, while Unit B features 2 bedrooms and 1 bath - the feature unit for touring is Unit B (left-side) on Tanaga Str and vacant for easy showing. Currently three are rented to long-term tenants, this duplex presents an ideal scenario for a quadplex configuration, allowing you to live in one unit while generating rental income from the others. Both units share a convenient onsite laundry area. Situated just blocks away from the beach, these two duplexes are adjacent to each other and share an inviting in-ground pool across the .28 ac compound. The pool belongs to this parcel. The second duplex, situated at 326 Tanaga Str (Parcel ID: 36062-010-0000/MLS#:742881), spans 1320 sq ft and mirrors the layout of the first duplex, with Unit A consisting of 1 bedroom and 1 bath, and Unit B offering 2 bedrooms and 1 bath (this is the feature unit for open tours). With its residential financial potential as a quadplex, this property is ideally suited for short-term rentals. Each unit features all-tile floors and a sturdy metal roof, ensuring durability and low maintenance. Please note that the units are currently occupied, and showings must be scheduled in advance due to tenants, some of whom have pets onsite. However, we have provided a convenient 3D Matterport walk-through video tour for your viewing pleasure. Three of the units has its own rental income, with Unit A bringing in $850 per month month-to-month in the Derondo Str duplex and Unit B bringing in $1200 per month lease with 6 months remaining. Unit A in the Tanaga Str duplex generating $900 per month under month-to-month. This unique investment opportunity is being offered as-is, with no survey or termite bond available. The owner has held the properties for 11 years and now seeks a simultaneous closing for both properties. Don't miss out on this chance to own two duplexes with significant income potential and proximity to the beach. Act now and seize this excellent investment opportunity! Offered at $850,000 for both duplexes.