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2907 Sarah Jean Court Panama City, FL 32408

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For Sale
$1,299,000

MULTI_FAMILY - Panama City, FL

Property size:
3,200 SF
Lot size:
0.71 Acres
Added:
Sep 22, 2025
Days on Market:
210
Last Refresh:
Apr 19 at 12:06 pm

Property Features for 2907 Sarah Jean Court

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
8
Rooms
Bedroom 2, Bedroom 8, Bedroom 3, Bathroom 7, Bathroom 8, Bedroom 1, Bathroom 2, Bathroom 4, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 1, Bedroom 7, Bathroom 3, Bedroom 6
Appliances
ElectricWaterHeater
Standard status
Active
APN
30197-590-000
Size
3,200 SF
Lot size
0.71 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
GULF PINES UNIT 3 LOTS 35, 36 & 37 LESS PRCLS (SUBJ TO INGRESS/EGRESS EASMNT ORB 3488 P 1004) ORB 3862 P 1120
Tax Annual Amount
6117

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air, Ceiling Fan(s)

Building Details

Year built
2019
Flooring type
Vinyl
Building materials
HardiplankType, WoodFrame

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Listing Contact
Christine Lance
Christine Lance

Listing agent Christine Lance License #3278226

Listing office Keller Williams Success Realty 7923 Panama City Beach Pkwy, Panama City Beach, FL

Listing date Sep 22, 2025

MLS# 779488 Listing URL

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Panama City Multifamily Investment Opportunity

This investment opportunity consists of four cottages and nine additional buildable lots. The cottages each feature 2 bedrooms and 2 bathrooms within an 800 square foot layout. Three of the cottages are currently rented on Airbnb, while the fourth has a long-term lease. The properties feature open floor plans, laminate flooring, stainless steel appliances, and granite countertops in the kitchen. Each unit is equipped with tankless water heaters, a tub/shower in the guest bathroom, and a walk-in shower in the master bathroom. The short-term rental units are fully furnished and include washers and dryers. Paver driveways provide parking. Two different single-story floor plans have been implemented, with the potential for a two-story option within the same footprint. An HOA has been drafted but not finalized, which would be necessary if the buyer intends to sell the cottages individually. Common areas for maintenance include the road, lift station, and grounds. The seller has completed development work, excluding the installation of electrical pedestals for the remaining six lots. Construction plans are included in the documents, and a survey can be provided. The sale includes three parcels. The property is located a few minutes from the beach and close to shopping, restaurants, boat rentals, and attractions such as golf.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Spa & Massage Center Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Panama City
County
Walton
State
Florida
Longitude
-85.779178
Latitude
30.173361

FAQs

What type of property is this?
Short term rental property - Four cottages and nine buildable lots near Panama City Beach.
Where is this short term rental property located?
The property is located at 2907 Sarah Jean Court Panama City, FL.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Four income‑producing cottages with short‑term rental potential (3 currently on Airbnb with good returns) plus 9 additional buildable lots.; Prime Panama City Beach location, just minutes from the beach, shopping, restaurants, and attractions.; **Cottages feature desirable amenities: stainless steel appliances, granite countertops, and tankless water heaters.**
More about this property
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