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109 Granger Lane, Panama City Beach, FL 32413 Active 1 / 70
$849,000

109 Granger Lane, Panama City Beach, FL 32413

Panama City Beach, FL 32413
  • 4 Beds
  • 4 Baths
  • 2,738 Sq Ft
  • 1983 Built
  • MLS 781140

About this home

Luxurу Bеасhsіde Duрlex | Laguna Beach | No HΟA | High‐Yield STR Potential Discover the ultimate ''Laguna Beach Lifestyle'' at 109 Granger Lane. Nestled on a rare 0.25-acre lot just steps from the Gulf of Mexico, this 2,738 sq. ft. duplex offers the perfect blend of coastal charm and massive investment upside. Whether you are looking for a high-performing short-term rental, a multi-generational beach retreat, or a ''live-in-one, rent-the-other'' setup, this turnkey property delivers. The Property Highlights: Prime Location: Situated in the golf-cart-friendly Laguna Beach community, minutes from 30A but without the 30A price tag. Flexible Layout: Currently configured as a spacious duplex (4BR total), the property features rear entries and efficiency kitchens upstairs, offering the rare potential to be converted into a Quadplex. Turnkey Ready: Professionally furnished and decorated--this ''Gem'' is ready to hit the rental market on day one. Outdoor Oasis: The oversized lot provides ample parking for guests and toys, with plenty of room to add a private pool to further boost rental ADR (Average Daily Rate). Unbeatable Views: Rare dual-aspect appeal with Gulf proximity to the south and serene waterfront lake views to the north. Investment Snapshot: Projected Annual Income: Up to $130,000 in gross short-term rental revenue. Land Value: Situated on a premium parcel with land value alone estimated near $700k. No HOA: Total freedom for owners with no restrictive associations or monthly dues. Experience the quiet side of PCB with easy beach access and high-end vibes. 109 Granger Lane isn't just a home; it's a strategic asset in the Florida Panhandle's most sought-after growth corridor.

Property details

Property typeDuplex
StatusActive
Area03 - Bay County - Beach
SubdivisionLaguna Beach
CityPanama City Beach
CountyBay
Zip32413
StyleDuplex
Taxes$7,261
Tax year2024
WaterfrontYes
ViewLake,Water
Special conditionsListedAsIs

Interior

Total rooms4
Full baths4
AppliancesElectricCooktop,ElectricOven,ElectricRange,ElectricWaterHeater
CoolingCeilingFans,Ductless
HeatingDuctless
Interior featuresBalcony,InteriorSteps,SittingAreaInPrimary

Exterior & lot

Lot size0.23 acres
Lot dimensions70 x 145
RoofComposition,Shingle
ParkingAdditionalParking
Exterior featuresCovered Patio, Deck, Patio, Outdoor Shower

Schools

ElementaryWest Bay
MiddleSurfside
HighArnold

Community

Community featuresShort Term Rental Allowed
DirectionsFrom Hwy 98 turn South on Oleander Drive then follow Oleander all the way to Granger Lane on the right and turn on Granger Lane.

Data source: Central Panhandle Association of REALTORS®

Location

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