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Short-Term Rental Cottage Quadplex
For Sale
$1,299,000

2907 Sarah Jean Court, Panama City Beach, FL 32408

Four 2-bedroom, 2-bath cottages with furnished short-term units and additional buildable lots included in the sale.

Property Size3,200 SF
Price / SF$405.94
Days on Market366

Property Features for 2907 Sarah Jean Court

General Information

Standard status Active
Size 3,200 SF
Property subtype Fourplex
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,117

Amenities

Central Air, Electric, Ceiling Fan(s)
3
233 x 195
Private Roads.

Building Details

Year Built 2019
Stories 1
Listing Agency: Keller Williams Success Realty
Listed By: Christine Lance · License #3278226
Source: Xome
Added: Sep 7, 2025 Changed: Sep 1 Last Checked: Sep 7 at 5:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Success Realty

Investment Insights

Based on property information with market context.

Sarah Jean Cottages is a four-cottage property featuring two distinct single-story floor plans, with each unit designed as a 2-bedroom, 2-bath, approximately 800-sf layout. Interiors include open floor plans, laminate flooring, stainless steel appliances, and granite countertops in the kitchen. Kitchens and bathrooms are equipped with tankless water heaters, and each unit includes a tub/shower in the guest bathroom and a walk-in shower in the master. The short-term rental cottages are fully furnished and outfitted, and include washer and dryer.

The property also includes nine additional buildable lots in the same overall parcel area. Paver driveways provide on-site parking. An HOA has been drawn up but is not finalized yet; establishing the HOA would be required if the buyer wanted to sell the cottages individually. Common-area maintenance would include the road, lift station, and common grounds. The seller has completed needed development work except for installing electrical pedestals for the last six lots, and construction plans are included in the documents.

This sale includes three parcels: 30197-590-000, 30197-590-004, and 30197-590-014. The two-story house in the back of the property is not part of the sale. Short-term rentals are allowed, and three of the cottages are currently rented on Airbnb, with one unit on a long-term lease. Rental numbers are available in the documents, and appointments are required to view the units.

Key Highlights

  • Sarah Jean Cottages includes four 2‑bed, 2‑bath 800 SF cottages built in 2019 plus nine additional buildable lots.
  • Short‑term rentals are allowed; three cottages are currently rented on Airbnb (rental numbers included in the documents).
  • Furnished short‑term rental units include washer/dryers and are outfitted for rental use.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy Law Firm Auto Parts Store (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby

Demographics for 32408, FL

17,479
Population
17,018
Households
1
Avg Household Size
48
Median Age
39%
College-Educated
96%
High-School Grad
8.6 sq mi
ZIP Area
2,032
Density / Sq Mi
$72,322
Median Household Income
$42,749
Median Earnings
$1,453
Median Rent
$352,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four 2-bedroom, 2-bath cottages with furnished short-term units and additional buildable lots included in the sale.
Where is this quadplex located?
The property is located at 2907 Sarah Jean Court Panama City Beach, 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: Sarah Jean Cottages includes four 2‑bed, 2‑bath 800 SF cottages built in 2019 plus nine additional buildable lots.; Short‑term rentals are allowed; three cottages are currently rented on Airbnb (rental numbers included in the documents).; Furnished short‑term rental units include washer/dryers and are outfitted for rental use.
More about this property
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