517 Cove Villa ST Panama City Beach, FL 32407
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,672 sqft
Price per Sqft $251
Subdivision Emerald Cove Villas
MLS Listing ID 790954
Style Coastal
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 2021
Annual Tax Amount $2,775
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Property Description
This beautifully upgraded 2021 3BR/2BA home offers a split floor plan with tray ceilings in the living room and master suite. Recent updates include new LVP flooring, quartz countertops throughout, tile backsplash, new refrigerator and stove, shiplap electric fireplace, fresh paint, recessed lighting, upgraded plumbing fixtures, and door hardware. Custom wooden shelving has been added to all closets and the pantry for excellent organization and storage. The home is pre-wired for two Tesla chargers and sits on a small, low-maintenance yard with new Zoysia grass and palm trees. Additional storage is available above the garage.
Short-term rentals are allowed, and most furnishings are negotiable, making this a turnkey income-producing property. As a 2021 build, it benefits from some of the lowest insurance premiums on the beach along with a newer roof, AC, and major systems. The community features one of the lowest HOA fees in the area and includes a dog park.
Located less than 1 mile from the marina with boat slips and launch, Navy base, and sports complex, this home is just 3 miles from the Gulf beaches. The nearby sports complex drives strong rental demand from traveling baseball teams and tournaments. Perfect as a personal beach home or for generating income, with a projected annual gross rental income of $42,000.
This is a move-in ready gem--reach out today for more details or to schedule a showing!
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
Heating Central
Cooling Central Air
Fireplace No
Appliance Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Exterior
Garage Spaces 2.0
Garage Description 2.0
Community Features Short Term Rental Allowed
Amenities Available Other, See Remarks
Roof Type Composition,Shingle,Shake
Porch Covered, Patio, Porch
Private Pool No
Building
Lot Description Sprinkler System
Sewer Public Sewer
Architectural Style Coastal
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 27541-500-048