B/7405 Beach Drive

Lower Grand Lagoon FL 32408

1294 sq. ft.

2657 sq. ft.

Townhouse

Currently for sale - view listing

Overview

Opportunity meets location with this three bedroom coastal townhouse ideally positioned just steps from the shoreline in the heart of east Panama City Beach. Situated directly across from the public beach access at Rick Seltzer Park, this property offers the kind of convenience and rental appeal that today's buyers and investors are searching for. Whether you're looking for a vacation getaway, income-producing short-term rental, or full-time residence, this versatile property delivers. The interior features a bright, open layout designed for relaxed coastal living, with updated finishes that create a welcoming, low-maintenance space for owners and guests alike. Step out onto the second-floor balcony and take in views of the Gulf--perfect for morning coffee or unwinding after a day at the beach. What truly sets this property apart is the flexibility and long-term value. With no HOA, no flood insurance requirement, and no restrictions on short-term rentals, owners have the freedom to maximize income potential while keeping operating costs manageable. Notable improvements--including a new roof (2019), updated siding, Trex decking, PVC railings, and a new AC system installed in April 2023--provide peace of mind and added durability for years to come. Located just minutes from the area's top dining, shopping, and entertainment, this property combines lifestyle, convenience, and investment potential in one compelling package. Whether you're building your portfolio or securing your own place at the beach, this property offers the location, flexibility, and upside that make coastal investments worthwhile.