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$1,119,000

COASTAL LIVING MEETS INCOME POTENTIAL IN LAGUNA BEACH! With projected annual rental income of $85,000 from the existing residences, 209 Oleander Drive offers an exceptional opportunity to enjoy the beach while putting your investment to work. The owner currently occupies the main home, leaving substantial income potential to unlock by renting both residences. Under 500 steps to the beach, this versatile property sits on nearly a quarter acre and combines multiple living spaces, established short-term rental history, generous storage, and flexibility for personal use or investment. Remodeled in 2017, the main residence features bright, inviting living spaces, an open, functional flow, and a private outdoor area perfect for unwinding after the beach or entertaining guests. The separate carriage house/ADU, built in 2023, adds immediate rental appeal and includes a two-car garage with its own entrance. Depending on your vision and needs, the carriage house garage could readily lend itself to finishing as another unit. This added opportunity could potentially bring total annual rental income up as well! A separate 30x30 insulated workshop with plumbing already in place provides exceptional space for hobbies, vehicles, beach gear, or recreational storage. Both residences include full appliance packages, tankless water heaters, walk-in showers, and smoke detectors. City water and sewer, one shared water/sewer bill, and two separate electric meters add everyday convenience. Whether you envision a full-time coastal home with rental income, a beach getaway that helps support itself, or a dedicated investment property, 209 Oleander Drive delivers a compelling combination of location, versatility, and income potential--with room to grow. Schedule your private showing and discover the possibilities.

4 Beds ⋅ 4 Baths ⋅ 1014874 MLS ⋅ 2,798 SqFt.

209 Oleander Dr, Panama City Beach

$975,000

**CORNER LOT | NEW CONSTRUCTION | FULLY FURNISHED.** Located in golf-cart-friendly Laguna Beach on the desirable west end of Panama City Beach, 302 Rose Lane offers coastal living just moments from the Gulf and minutes to 30A. With no HOA and short-term rentals allowed, this beautifully furnished home offers the flexibility to enjoy as a primary residence, second home or vacation rental investment. Featuring 4 bedrooms, 3.5 baths and 2,017 square feet, the home offers a bright, open floor plan designed for gathering, entertaining and effortless coastal living. Thoughtfully selected furnishings complement the elevated finishes and coastal architecture, creating a polished, inviting space that's ready to enjoy from day one. Outside, a private plunge pool, fenced backyard, outdoor shower and entertaining area provide the perfect setting for relaxing after a day at the beach. The corner-lot setting gives this home its own distinct presence, while the garage provides valuable storage for a vehicle, golf cart, bikes and beach gear. Enjoy the laid-back charm of Laguna Beach with convenient access to the sugar white sand and emerald waters of the Gulf, local dining, shopping and the communities along 30A. Combining new construction, furnishings included, no HOA and short-term rental flexibility, 302 Rose Lane offers an exceptional opportunity to enjoy the coastal lifestyle with investment potential.

4 Beds ⋅ 4 Baths ⋅ 1014736 MLS ⋅ 2,017 SqFt.

302 Rose Ln, Panama City Beach

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