423 Kelly Street
Panama City Beach, FL 32413
Beds: 3 
Baths: 2 full 
SQFT (H&C): 1,200
MLS# 788212Back on the market--no fault of the seller--offering a second chance to secure this incredible beach investment opportunity. Located just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, this updated coastal bungalow is perfectly positioned for both personal enjoyment and short-term rental income. Featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard, this home is designed for ease of ownership and strong rental performance. The fully fenced yard includes a detached storage building with potential to convert into a charming bonus space (buyer to verify) and offers room to add a pool for additional income upside. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy potential. Ideally located near public beach access, the Rosemary Beach entrance to 30A, and Pier Park. Opportunities like this don't come around often--especially at this price point.
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Listed By / Shown By
Listed By
Agency Name: Luxe Coastal Realty Group LLC
Shown By
Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351
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423 Kelly Street | MLS# 788212
This single family home located at 423 Kelly Street, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $499,999. This property was built in 1983 and has 3 bedrooms and 2 full baths with 1200 sq. ft. Kelly Street is located in the Kiska Beach 1st Add subdivision. Search Kiska Beach 1st Add real estate on www.beachybeach.com today.