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21916 Belgrade Avenue

Laguna Beach FL 32413

4
4
2008 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Situated on the highly desirable West End of Panama City Beach, just one block from the stunning Gulf of Mexico, this multi-family property offers incredible potential for seasoned investors or those looking to enter the booming vacation rental market. With convenient access to multiple public beach access points within a few blocks, this property combines location, flexibility, and growth potential like no other. The property at 21916 Belgrade Ave features two main buildings plus a bonus structure, presenting multiple income streams. Building one is a spacious, fully upgraded two-bedroom, two-bath condo with an additional bunk nook -- ideal for maximizing rental capacity. The modern kitchen with granite counters and stainless steel appliances appeals to guests seeking comfort and style, while the primary suite with en-suite bath and elegant furniture package provides a premium rental experience. The second bedroom, filled with natural light, comfortably hosts two queen beds, making it a favorite among vacationers. Building two offers a duplex layout with mirrored one-bedroom, one-bath units, each with a small kitchen  perfect for short-term rentals or long-term tenants. Both sides are unfurnished, offering flexibility for customization and maximization of rental income. The back bonus building addition as well. Located in Panama City Beach's fastest-growing area, this property benefits from low density, quiet beaches, and Old Florida charm combined with rising popularity. The West End's proximity to top beaches, local restaurants, grocery options, and entertainment venues make it a prime spot for vacation rentals, providing excellent appreciation potential!

Features

4 bedrooms
4 bathrooms
2008 sq. ft. floor area
Single-Family

Happy sellers in Laguna Beach

68%
68% of sellers in Laguna Beach reported that their sale price either exceeded or met their price expectations.

Laguna Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Laguna Beach over the last 12 months.

Local market activity for 4 bedroom single-family properties in Laguna Beach

In the last 12 months, 230 four-bedroom single-family properties similar to 21916 Belgrade Avenue, have been sold.

This represents a 27% increase in four-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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