1. Florida
2. Panama City Beach
3. 3910 Wasp Street

3910 Wasp Street, Panama City Beach, FL 32408

• 4 beds |
• 4 baths |
• 2,594 sqft

Property Description

WELCOME to this INCREDIBLE ''STR'' OASIS with up-to a $75,000 SELLER CREDIT! A 5-STAR-REVIEW, SHORT TERM RENTAL, TURN-KEY HOME -- NO HOA -- NO DEED RESTRICTIONS -- A ONE OF A KIND, CUSTOMIZED ISLAND STYLE POOL -- AND up to a $75,000 SELLER CREDIT -- to the BUYER towards any MAINTENANCE, INSPECTION REPAIR ITEMS, or PERSONALIZED HOME UPDATES -- MAKING IT YOUR VERY OWN -- SPRUCED UP RETREAT -- that will keep SHORT TERM RENTERS COMING BACK, YEAR after YEAR! This incredible turn-key, fully furnished short-term rental is a rare find -- boasting 5-star reviews, no HOA or deed restrictions, and bookings nearly filled in 2025!A ONE-OF-A-KIND PROPERTY: Set on an oversized parcel combining two expansive lots, this property is a standout in the high-demand South Lagoon investor market. The showpiece of the estate is a custom-designed, island-style pool shaped like a giant fish, complete with a Jacuzzi, swim-up bar, water slide, and an outdoor tiki bar and grill. By night, the LED-lit pool transforms into a light and water show -- an unforgettable space for guests and owners alike.SPACIOUS & STYLISH LIVING: The three-story, 4-bedroom, 3.5-bath home offers spacious, modern living areas and a seamless flow between indoor and outdoor entertaining. The ground-floor heated and cooled game room is a guest favorite, featuring a pool table, TV, games, and more -- ensuring repeat business and happy visitors year after year.INCOME & INVESTMENT POTENTIAL: This property consistently generates $100,000-$200,000 in gross annual rental income, with even greater potential depending on personal use and booking availability. With no HOA restrictions, you're free to make this your private high-yielding rental retreat! ADDED PERKS: Behind the pool is a gated area with separate road access -- perfect for storing an RV, boat, jet skis -- OR -- Building a separate 1-2 Bedroom Rental to generate even more Income! Its prime location places you minutes from boat ramps, Shell Island, St. Andrews State Park, the Gulf of Mexico, and all the local attractions, dining, and entertainment Panama City Beach is famous for.SELLER BONUS OFFER: Seller is offering up to $75,000 credit to the buyer at closing -- to be used toward home updates or any potential inspection repair items. Don't Miss This Rare Opportunity! Schedule your private showing today and experience this one-of-a-kind South Lagoon paradise.

Listing Status:

Active

Date Added:

January 12, 2025 at 06:00AM

Listing Office:

CENTURY 21 Ryan Realty Inc : (850) 233-7926

MLS ID:

767130

Interior

• General: Utility Room
• Appliances: Convection OvenDryerDishwasherElectric CooktopDisposalIce MakerMicrowaveRefrigeratorRange HoodWasher
• A/C: Central AirCeiling Fan(s)ElectricMulti Units
• Heating: CentralElectric

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of CENTURY 21 Ryan Realty Inc