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423 Kelly Street
Panama City Beach, FL 32413

$499,999 - Status: Active

Beds: 3

Baths: 2 full

SQFT (H&C): 1,200

MLS# 788212

Back 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.

Property Features

MLS#: 788212

Zip: 32413

Subdivision: Kiska Beach 1st Add

Development: 0325 - Beach - West South

Property Type: Residential - Single Family

Days on Site: 30

Home Style: Bungalow

Lot Size: 0.13 acres

Taxes: $4,388

Year Built: 1983

SQFT (H&C): 1,200

Feature Descriptions

Community Features: Short Term Rental Allowed

Lot Dimensions: 50 x 112

Parcel#: 36065-009-000

Utilities: Cable Connected

Room Sizes

Bedroom: 11 X 11 Level - First

Primary Bedroom: 14 X 21 Level - First

Local Schools

High School: Arnold

Middle School: Surfside

Elementary School: West Bay

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 mfox.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Luxe Coastal Realty Group LLC

Shown By

Agent Name: Matthew Fox
Agent Phone: (850) 866-2423
Agency Title: Beachy Beach Real Estate

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423 Kelly StreetPanama City Beach, FL 32413