109 Granger Lane, Panama City Beach, FL 32413
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Priced at Only: $949,000
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Address: 109 Granger Lane, Panama City Beach, FL 32413
Property Location and Similar Properties
- MLS#: 781140 ( Residential )
- Street Address: 109 Granger Lane
- Viewed: 69
- Price: $949,000
- Price sqft: $347
- Waterfront: Yes
- Wateraccess: Yes
- Waterfront Type: Lake,LakeFront
- Year Built: 1983
- Bldg sqft: 2738
- Bedrooms: 4
- Total Baths: 4
- Full Baths: 4
- Days On Market: 119
- Additional Information
- Geolocation: 30.2468 / -85.9384
- County: BAY
- City: Panama City Beach
- Zipcode: 32413
- Subdivision: Laguna Beach
- Elementary School: West Bay
- Middle School: Surfside
- High School: Arnold
- Provided by: Christies International Real Estate Emerald Coast
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DescriptionLuxury Beachside Duplex | Laguna Beach | No HOA | High Yield STR Potential Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25 acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high performing short term rental, a multi generational beach retreat, or a ''live in one, rent the other'' setup, this turnkey property delivers. The Property Highlights: Prime Location: Situated in the golf cart friendly Laguna Beach community, minutes from 30A but without the 30A price tag. Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex. Turnkey Ready: Professionally furnished and decorated this ''Gem'' is ready to hit the rental market on day one. Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate). Unbeatable Views: Rare dual aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north. Investment Snapshot: Projected Annual Income: Up to $130,000 in gross short term rental revenue. Land Value: Situated on a premium parcel with land value alone estimated near $700k. No HOA: Total freedom for owners with no restrictive associations or monthly dues. Experience the quiet side of PCB with easy beach access and high end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought after growth corridor.
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Building and Construction
- Covered Spaces: 0.00
- Exterior Features: CoveredPatio, Deck, Patio, OutdoorShower
- Living Area: 0.00
- Roof: Composition, Shingle
Land Information
- Lot Features: Paved
School Information
- High School: Arnold
- Middle School: Surfside
- School Elementary: West Bay
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
- Parking Features: AdditionalParking
Utilities
- Carport Spaces: 0.00
- Cooling: CeilingFans, Ductless
- Heating: Ductless
- Sewer: PublicSewer
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Pet Deposit: 0.00
- Security Deposit: 0.00
- Tax Year: 2024
- Trash Expense: 0.00
Other Features
- Appliances: ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater
- Interior Features: InteriorSteps
- Legal Description: LAGUNA BEACH EST 5TH ADD LOT 18 LESS SLY 15' BLK 12 ORB 4601 P 2113
- Area Major: 03 - Bay County - Beach
- Occupant Type: Vacant
- Parcel Number: 36731-000-000
- Style: Duplex
- The Range: 0.00
- View: Lake
- Views: 69
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- Natalie Gorse, REALTOR ®
- Tropic Shores Realty
- Office: 352.684.7371
- Mobile: 352.584.7611
- Mobile: 352.799.3239
- nataliegorse352@gmail.com
