109 Granger LN Panama City Beach, FL 32413
4 Beds
4 Baths
2,738 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,738 sqft
Price per Sqft $328
Subdivision Laguna Beach
MLS Listing ID 781140
Style Duplex
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1983
Annual Tax Amount $7,261
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Duplex
Property Description
Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ''live-in-one, rent-the-other'' setup, this turnkey property delivers.
The Property Highlights:
Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag.
Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex.
Turnkey Ready: Professionally furnished and decorated--this ''Gem'' is ready to hit the rental market on day one.
Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate).
Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north.
Investment Snapshot:
Projected Annual Income: Up to $130,000 in gross short-term rental revenue.
Land Value: Situated on a premium parcel with land value alone estimated near $700k.
No HOA: Total freedom for owners with no restrictive associations or monthly dues.
Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought-after growth corridor.
Location
State FL
County Bay
Community Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Interior Steps
Heating Ductless
Cooling Ceiling Fan(s), Ductless
Fireplace No
Appliance Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Exterior
Exterior Feature Covered Patio, Deck, Patio, Outdoor Shower
Parking Features Additional Parking
Community Features Short Term Rental Allowed
Waterfront Description Lake,Lake Front
View Y/N Yes
Water Access Desc Lake,Lake Front
View Lake
Roof Type Composition,Shingle
Porch Balcony, Deck, Covered, Open, Patio, Porch
Private Pool No
Building
Lot Description Paved
Dwelling Type Duplex
Sewer Public Sewer
Architectural Style Duplex
New Construction No
Schools
Elementary Schools West Bay
Middle Schools Surfside
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 36731-000-000
Special Listing Condition Listed As-Is
Schools and Properties Nearby
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