5805 Beach Dr, Panama City Beach, FL 32408

Currently UNDER CONTRACT - Seller will Consider Back Up Offers. 5805 Beach Drive is a custom built three bedroom ( two primary/masters ), four bathroom coastal inspired beach home with bonus room flex spaces for additional guests or even a home office. No Homeowners Association. Short Term rentals are allowed. Gulf views from the second and third floor balconies of this Coastal West Indies inspired beach home. Situated on a corner lot and a very short walk to the beach, this custom home is an ideal primary residence, second home at the beach or rental income producing property. Private lushly landscaped and fenced back yard with potential for a pool. Numerous spacious porches on the front and rear of the residence designed to capture spectacular sunset views and a gulf breeze. Third floor crows nest with wet bar, great for entertaining and a flexible use space. There is a convenient separate golf cart garage door on the side of the home for those memorable golf cart rides to and from the beach. The original residence was built in 2004 with a spectacular no expenses spared addition in 2009, designed and custom built by the esteemed Graben Construction of Panama City Beach. This spacious home features an abundance of natural light with its oversized windows and doors throughout rooms. Plentiful storage with numerous closets and oversized walk-in closets. The first primary/master suite is spacious with transom windows and french doors that open up to a private balcony with Gulf views. The primary master bath rivals a 5 star hotel with separate vanities, stand alone shower with dual water heads, large soaking tub with whirlpool jets, complete with private water closet with bidet. Laundry room is conveniently located on the second floor. Some outstanding features of this home are mature landscaping, venetian plaster, coffered/tray and eleven foot ceilings, wired for sound, outdoor shower, bar/butler pantry entertainment niche, media room with rear projection entertainment, mud-room/office, two living rooms and a crows nest ( think more beds for heads on a short term rental with sofa sleepers and/or built-in bunk bed systems ), all within a very short walk to the beach. Sellers paid for the electric to be buried underground from the pole to the home ($2500 value ) Seller has a survey available upon request. Public Sewer now available, more details upon request. Gross rental income projections for a short term vacation rental are $102,144 annually.