423 Kelly Street

Panama City Beach, FL 32413

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.

Listing courtesy of Marcy L O'Donnell of Luxe Coastal Realty



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Last checked: 2026-04-11 11:55 PM UTC