Florida
Panama City
1320 E 5th Street 103

$248,900

1320 E 5th Street 103, Panama City, FL 32401

2 beds |
2 baths |
844 sqft

Condominium
Built in 1985
—— sqft lot
—— car garage
$295/sqft
Listed 28 days ago

Property Description

Charming Turnkey Rental Investment with Boat Slip in Beautiful Panama City, Florida!Welcome to your next investment! This delightful turnkey rental Condo is the perfect opportunity for anyone looking to step into the thriving Panama City rental market without the hassle.What You'll Love About This Property:- Fantastic Location: Situated right on Watson Bayou just a mile away from Downtown Panama City with amazing dining spots, and fun local attractions, this unit is perfectly positioned to attract both vacationers and long-term tenants. Perfect for avid fishermen, keep your boat at the deeded boat slip and just a 10 minute ride to the Saint Andrews Pass!- Move-In Ready: Fully furnished with stylish decor and comfortable furnishings, this charming unit is ready to welcome guests right away. Simply move in or list it for rentals immediately!- Spacious Comfort: With 844 sq ft of inviting living space, this unit features 2 cozy bedrooms and 2 bathrooms, plus an open-concept layout that's perfect for relaxing or entertaining.- Modern Amenities: Enjoy a well-equipped kitchen with sleek stainless steel appliances, generous countertops, and ample storage options. Plus, you'll find convenient in-unit laundry facilities and air conditioning for year-round comfort. HOA covers Internet, boat slip (with Electric & water), trash, & pest control! Only pay your electric!- Bonus Feature - Deeded Boat Slip: This property even includes a deeded boat slip! Perfect for those who love spending time on the water, it offers easy GULF access to boating and fishing right from your doorstep.- Rental History: With AirbNb rental history and a high demand for properties in this area, you can feel confident in your investment's potential for cash flow and appreciation.- Low Maintenance: Well-maintained and managed, this property is not only charming but also easy to care for, making it an ideal rental investment.Don't miss this friendly and fabulous turnkey rental opportunity in lovely Panama City! Contact us today to schedule your showing and start your journey to owning this amazing property!Any Assessment paid in full at closing!

Listing Status:: Active
Date Added:: July 1, 2025 at 05:00AM
Listing Office:: Foundation Real Estate Agency LLC : (850) 988-1618
MLS ID:: 775714

Appliances: Washer/Dryer StackedDishwasherElectric RangeElectric Water HeaterFreezerDisposalMicrowaveRefrigerator
Laundry: Stacked
A/C: Central AirCeiling Fan(s)Electric
Heating: CentralElectric

This listing courtesy of Foundation Real Estate Agency LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Merriam Cherry Street Elementary School

1125 Cherry St, Panama City, FL, 32401

Grades PK-5

0.75 miles away

Jinks Middle School

600 W 11th St, Panama City, FL, 32401

Grades 6-8

1.83 miles away

Bay High School

1200 Harrison Ave, Panama City, FL, 32401

Grades 9-12

1.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.