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Key Details
Sold Price $375,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Silver Sands Unit 2
MLS Listing ID 760055
Style Contemporary
Bedrooms 3
Full Baths 2
Year Built 1975
Annual Tax Amount $3,439
Tax Year 2023
Lot Size 6,969 Sqft
Property Sub-Type Single Family Residence
Property Description
Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.
Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.
Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.
Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!
Location
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Tile
Exterior
Exterior Feature Balcony
Parking Features Attached, Driveway, Garage, Garage Door Opener
Garage Spaces 1.0
Garage Description 1.0
Utilities Available Electricity Available, High Speed Internet Available, Septic Available
Amenities Available Beach Access, Boat Ramp
Building
Lot Description Paved
Story 2
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Listed As-Is
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Bought with Hitchcock Real Estate LLC
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