204 3rd Street
Panama City Beach, FL 32413
- 5 beds
- 4 baths
- 2,276 sqft
- $320 per sqft
- 1997 build
- – on site
Triple the Fun, Triple the Income - Just a Flip-Flop Away from the Sand! Investor's Jackpot meets Beach Bum Heaven! This one-of-a-kind gem comes with not one... not two... but THREE separate beach homes on a massive lot, just a seashell toss from private deeded beach access. Tucked on a quiet dead-end street and only 8 minutes from 30A, this beauty raked in $90K+ in 2024—and booking fast for 2025! Each unit is fully furnished, fabulously refreshed, and totally rental-ready. Unit 1: The Family Fun Zone 2 Bed | 2 Bath | Sleeps a crowd Serve up ping pong on the screened back deck, chill on comfy outdoor furniture, then head inside for a round of foosball and movie night on the sleeper sofa. Laundry included! Unit 2: The Clever Coastal Studio Studio | 1 Bath | Space-savvy + stylish Rocking a 2022 glow-up with quartz counters, stainless appliances, a Murphy bed hidden in the cabinet, and its own mini-split A/C. Ohand private laundry too. Unit 3: The Beachy Bungalow 2 Bed | 1 Bath | Cozy meets cute Totally updated with new cabinets, appliances, laundry, and a fresh water heater. It's charming, beachy, and ready to go! All 3 units come with: Metal roofs Individual water heaters Onsite laundry Furnishings & appliances included LOW expenses + HIGH income Whether you're dreaming of a family compound, investment powerhouse, or a mix of both - 204 3rd Street is a rare find on the Emerald Coast. The oversized lot, beach access, and proven rental performance make this a coastal goldmine. Call your Realtor and start living your beachside dreamor cashing in on it!
Last checked:
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Checking…
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Last updated May 7, 2025
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MLS# 975748 —
The Building
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Year Built:1997
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Building Area Total:2276.0
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Building Area Source:County PA Records
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Architectural Style:Beach House
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Stories:1
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Levels:None
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Accessibility Features:None
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Direction Faces:None
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Patio And Porch Features:Porch Screened
Interior
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Furnished:Furnished - All
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Rooms Total:7
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Fireplace:No
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Fireplaces Total:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional, FHA
Location
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Directions:Head north on Third St, the home will be on the right.
The Property
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Property Type:Residential
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Property Subtype:Detached Single Family
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Property Condition:Renovated, Construction Complete
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Property Attached:None
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Lot Features:Within 1/2 Mile to Water
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Lot Size Dimensions:50x140
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Lot Size Units:Acres
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Zoning:Resid Single Family
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Possible Use:None
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Parcel Number:36500-000-000
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Topography:None
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Waterfront:No
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:SUNNYSIDE PLAT (1.25) LOT 12 BLK 2 ORB 4483 P 1446
Beds
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Bedrooms Total:5
Baths
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Total Baths:4.0
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Total Baths:4
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Full Baths:4
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Home Warranty:No
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:Central Air
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Cooling:true
Utilities
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Utilities:Electric, Gas - Natural, Public Water
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Electric:None
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Sewer:Septic Tank
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer, Water Heater - Elect
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Dryer:true
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Washer:true
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:West Bay
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Elementary School District:None
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Middle Or Junior School:Surfside
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:SUNNYSIDE
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Community Features:Beach, Deed Access, Pets Allowed
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:500.0
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Association Fee Frequency:Annually
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Pool Private:None
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Monthly cost estimate

Asking price
$729,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$3,903
|
Taxes | N/A |
Insurance | $200 |
Utilities | $215 See report |
Total | $4,318/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/6/25
May 6, 2025
|
Listed / Active | ECARMLS | $729,000 |