active Listed As-Is

109 Granger Lane, Panama City Beach, FL 32413

$849,000

Reduced $100,000 from the original list price of $949,000

4Beds
4Baths
2,738Sq Ft
0.23Acres
1983Year Built
—/moHOA
On site 261 days
See the full community guide Laguna Beach →

Details

Duplex style · Fully furnished · Short-term rental allowed

Nearby Schools

ElementaryWest Bay
MiddleSurfside
HighArnold

Property Details

lake and water view · stucco construction · additional parking parking · Vacant — easy to show

About This Home

Luxury Beachside Duplex | Laguna Beach | No HOA | 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.

Interior, Amenities & More

Interior Features: Balcony, Interior Steps, Sitting Area In Primary

Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

Heating: Ductless

Cooling: Ceiling Fans, Ductless

Square Footage Source: Appraiser

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Ask About This Home

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Call (850) 866-1149

Listed by Brian Clowdus, Christies International Real Estate Emerald Coast · brianclowdus@cireec.com

Equal Housing Opportunity
Equal Housing
Opportunity
Listing data provided by: Central Panhandle Association of Realtors (CPAR) Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Brokerage: Century 21 AllPoints Realty, licensed real estate broker.