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Image 1 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 2 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 3 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 4 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 5 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 6 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 7 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Image 8 - Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA - House for sale

Home For Sale In Panama City Beach, Florida

Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA

Home For Sale In Panama City Beach, Florida

house for sale

4 views

Listed: 05/01/24

Raccoon River Campground, 12209 Hutchison Boulevard, Panama City Beach, FL 32407, USA

5 Bed:

3.5 Bath:

2,336 Sq Ft Living Area:

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Price

$ 1,3M

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About This House

Welcome to ''Sandy Palms, '' a dazzling beachside sanctuary that combines luxurious living with impressive income potential. With a solid track record as a short-term rental, generating over$159, 000rental revenue in 2022 and$130, 000in 2023, and promising projections for 2024, this property stands out as a lucrative investment opportunity. Located just a 3-minute walk from the beach, ''Sandy Palms'' offers both accessibility to sandy shores and the privacy of your own tropical retreat.Constructed in 2018, this newer build exudes modern elegance and durability, making it a secure and attractive option for buyers. The home boasts a large private pool (with a gas pool heater) and hot tub, creating an exclusive oasis for relaxation and entertainment. Whether you're looking to cool … Full description

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Panama City Beach Housing & Living

Average sale prices for houses

2 bed

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$440,576 (-5.5%)
Apr 2024	$466,153 (0%)
Mar 2024	$466,153 (0%)
Feb 2024	$466,153 (0%)
Jan 2024	$466,153 (-6.5%)
Dec 2023	$498,709 (+24.1%)

In May 2024, the asking price for 2 bed houses for sale in/near Panama City Beach, United States averaged $440,576, a decrease of 5.5% from the previous month.

Median price trends for properties for sale in Panama City Beach, United States as of May 2024.

Household Income

Median household income: $58,619

Number of households: 5,332

The average household income in Panama City Beach, FL grew from $53,251 to $58,619 in the past year. This data is an estimate based upon 5,332 households in Panama City Beach, FL.
The chart below presents how household income is distributed in Panama City Beach, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Panama City Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Panama City Beach, FL equals $800-$1,500 , which is less than the national average.