604 Anemone St Panama City Beach, FL 32413

This exceptional 2023-built, three-story, Class A multifamily property in Panama City Beach, Florida, offers 7,428 square feet of space across nine bedrooms and eleven bathrooms. Boasting two full kitchens with Taj Mahal quartzite countertops, a heated pool, hot tub, covered patio, fire pit, and putting green, this property is ideally suited for short-term rentals. The unique lockout system allows for flexible rental options, maximizing income potential. Located in the exclusive Bid-A-Wee community, it provides access to 2,500 feet of private, gated beach. The property sits on a 9,000-10,000 square foot lot and is zoned for Commercial High Density, offering a strong 7.05% cap rate and a $409,000 NOI. The asking price is $5,800,000. Additional features include a wet bar, ice machine, wine fridge, and an outdoor shower with a sand drain. The design incorporates thoughtful elements such as daybeds in gathering rooms and strategically placed windows to maximize ocean views. This turnkey investment opportunity is poised for significant returns.