318 Sundial St Panama City Beach, FL 32413
This exceptional Panama City Beach investment opportunity presents a 2-story, 4,000 square foot triplex situated on a spacious 14,810.4 square foot lot. Built in 1992, this property boasts a prime location just one block from the beach, allowing for lucrative short-term rentals with no HOA restrictions. The triplex comprises three distinct units: two upstairs 2-bedroom units (one with two baths, the other with one bath), and a downstairs 4-bedroom, 2-bathroom unit. Each unit features its own private entrance, offering flexibility and privacy for tenants. The property's location at the quieter west end of Panama City Beach provides easy access to local amenities such as Salty Sue's and Mike's Diner, while Pier Park is a short drive away. A projected annual rental income of $136,715 is available. All measurements are approximate and should be independently verified. This property presents a compelling investment opportunity with significant rental potential and a highly desirable location. The asking price is $1,099,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.