For Sale

Listed by Wheeler Sauls Collective from Salty Marlin Realty

Source: Emerald Coast Association of Realtors #1005319

Lorento Street Upper Grand Lagoon FL 32408

$899,000

4
5
2933 sq. ft.

Townhouse

•

30+ days on the market

About this property

INVESTOR OPPORTUNITY WITH PROVEN SHORT-TERM RENTAL HISTORY! $100k in revenue on the books for 2026 so far, with plenty of dates still available! This beautifully designed duplex offers the perfect blend of income potential and resort-style living just minutes from Panama City Beach's world-famous white sand beaches. Consisting of two separate 2-bedroom, 2-bath units, the property features a total of 4 bedrooms, 4 full bathrooms, 1 half bath, and is currently operating as a successful short-term rental. Each unit showcases modern coastal finishes, spacious open-concept living areas, large kitchen islands with quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and private laundry rooms complete with dedicated washers and dryers for each side. The bedrooms are generously sized, while the spa-inspired bathrooms feature custom tile showers and upscale finishes. One of the primary suites even includes a private sauna, creating an elevated guest experience that helps set this property apart in the vacation rental market. The centerpiece of the property is the stunning shared courtyard designed for entertaining and relaxation. Guests can enjoy the private pool with water feature, covered outdoor living spaces, outdoor bar seating, fire tables, dining areas, and multiple gathering spaces that create a true resort-like atmosphere. A convenient poolside half bath enhances the outdoor experience, while the natural gas heated pool allows for extended seasonal enjoyment and added appeal for vacation renters. The thoughtful courtyard design provides privacy while encouraging outdoor enjoyment year-round. Designed with both guest comfort and operational efficiency in mind, the property is equipped with two tankless natural gas water heaters, providing reliable hot water capacity for both units while offering energy-efficient performance. With ample parking, durable metal roofing, attractive coastal architecture, and a location convenient to beaches, dining, shopping, marinas, and local attractions, this property is well-positioned for continued rental success. Whether you're looking to expand your investment portfolio, generate vacation rental income, or own a versatile coastal property with multiple use options, this turnkey duplex presents a rare opportunity.

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