Listing Courtesy Of:
Seltzer Real Estate, LLC, Zack Seltzer
Local Realty Services Provided By:
Keller Williams Emerald Coast Realty
Overview
What It'll Cost
Neighborhood
Similar Homes
$498,000
3923 Ocean View Drive, Panama City, FL 32408
3 Beds
2 Baths
2,462
sq ft
.16
ac
Log In to Reveal Price
$498,000
3923 Ocean View Drive, Panama City, FL 32408
Estimation provided by Keller Williams Realty Inc.
3 Beds
2 Baths
2,462
sq ft
.16
ac
Active
For Sale
Property Description
Welcome to an incredible investment opportunity at 3923 Ocean View Drive, Panama City Beach, nestled in the highly sought-after South Lagoon area. This property is a versatile gem for investors, offering options to renovate and rent, replace the existing structure with a duplex, or create the perfect home.Just a short walk from the beach, you'll have easy access to Rick Seltzer Park and Beach Access 16. For water enthusiasts, it's only minutes away from a convenient boat launch into the lagoon. The road benefits from city sewer, making it an excellent candidate for redevelopment. The spacious lot stretches from Ocean View Drive to Beach Drive, providing plenty of room for various development projects.Currently zoned R1, the property is surrounded by multi-family zoning and can be easily rezoned, offering significant flexibility for future use. The existing structure is a 3-bedroom, 2-bathroom home with second floor balcony that lets in plenty of natural light, making it ideal for immediate rental income.Don't miss this fantastic opportunity to invest in one of Panama City Beach's most desired areas. Whether you envision a rental property, a duplex, or a stunning personal residence, 3923 Ocean View Drive is ready for your vision. Contact us today to learn more and schedule a viewing!
Assessed Value is a combination of the land and additions.
2023
$3,439
(+30.66%)
$298,247
Land 137,350 +
Additions 160,897
2021
$2,632
(+8.25%)
$216,133
Land 76,014 +
Additions 140,119
2020
$2,431
(+4.9%)
$196,583
Land 67,104 +
Additions 129,479
2019
$2,318
(+3.89%)
$184,888
Land 54,487 +
Additions 130,401
2018
$2,231
(+8.8%)
$175,046
Land 43,723 +
Additions 131,323
2017
$2,051
$159,539
Land 27,295 +
Additions 132,244
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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