423 Kelly Street, Panama City Beach, FL 32413

Panama City Beach
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
423 Kelly Street,Panama City Beach, FL 32413
$499,999
  • 3 Beds
  • 2 Baths
  • 1,200 sq. ft.
  • Single family
  • Active
Listed by: marcy l o'donnell
Office: luxe coastal realty
MLS#:1000414
Source:FL_ECAR

Price summary

  • Price:$499,999
  • Price per sq. ft.:$416.67

About this home

Rare opportunity to own a turnkey short-term rental just a few blocks from the Gulf on the highly desirable west end of Panama City Beach, minutes to the Rosemary Beach entrance to 30A. This 3BR/2BA coastal bungalow has been updated with new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard--ideal for maximizing rental performance. Fully fenced yard features a detached storage building with potential to convert into a charming guest suite, bunk room, or flex space (buyer to verify), plus room to add a pool for significant income upside. Projected STR revenue approximately $55K-$70K+ annually. Strong demand for beach properties in this price point--opportunities like this are limited.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1983
  • Listing ID #:1000414
  • Added:1 day(s) ago
  • Updated:April 12, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:5
  • Kitchen Description:Cooktop, Dishwasher, Disposal, Microwave
  • Living area:1,200 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1983
  • Building area:1,200 sq. ft.
  • Lot area:0.13 Acres
  • Architectural Style:Beach House

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:West Bay

Finances and disclosures

  • Price:$499,999
  • Price per sq. ft.:$416.67
  • Tax amount:$4,388 (2025)

Features and amenities

  • Appliances:Cooktop, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Laundry features:Dryer, Washer
The information being provided by Emerald Coast Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Emerald Coast Association Of REALTORS®. Better Homes and Gardens Real Estate Main Street Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Main Street Properties, a broker participant of Emerald Coast Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Emerald Coast Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Emerald Coast Association Of REALTORS®. All rights reserved.

New listings near 423 Kelly Street