Property
Beds
None
Full Baths
1
1/2 Baths
None
Year Built
1984
Sq.Footage
400
What if I told you that you could own a beach getaway for under $150,000 that's less than a one-minute walk to the sugar-white sand? The numbers don't lie! This is one of the best ROI opportunities in the area. Many 2-bedroom properties selling for four times the price don't generate this level of annual rental income. Brand-new HVAC installed in July 2026! For a full video tour, search ''For Sale Sand Castles Villa 15'' on YouTube. Welcome to Sand Castles Villa in beautiful Panama City Beach! This well-maintained, fully furnished, turnkey studio is rental-ready and perfect for investors or anyone looking for an affordable beach retreat. Just steps from the Gulf, you'll love the unbeatable location, convenience, and coastal charm. The unit produced $25,491 in gross rental income last year and already has strong future bookings, making it an excellent income-producing property with even more upside. Enjoy the Florida sunshine, walk to the beach in under a minute, and start earning rental income from day one. It's hard to find a better beachside value under $150,000 in Panama City Beach. Even better: With a full-price offer, the seller will pay all special assessments at closing, totaling $24,172. This includes the current $7,000 assessment plus the annual $1,908 assessment for the next nine years. Those funds are being invested back into the community, meaning you'll enjoy the benefits of the improvements, increased rental appeal, and long-term appreciation without paying a penny for the assessments. A true win-win opportunity for both investors and beach lovers alike!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
1
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Other Exterior Features
Balcony
-
Pool
Yes
-
Pool Features
Community
-
Waterfront YN
NO
Area & Lot
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
LowRise
Price
-
Sales Price
$145,000
-
Tax Amount
$1,816
-
Sq. Footage
400
-
Price/SqFt
$362
HOA
-
Association
YES
-
Association Fee Includes
N/A
School District
-
Elementary School
Patronis
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
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Location
County
Bay
Elementary School
Patronis
Middle School
Surfside
High School
Arnold
Listing Courtesy of Andrei Cunitin , Dalton Wade Inc
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REALTORĀ®
Kaitlin Palmer
Call Kaitlin today to schedule a private showing.
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