Description
Attention Investors! Sarah Jean Cottages consists of four 2 bed 2 bath 800 sf cottages and 9 additional buildable lots in this quaint Panama City Beach neighborhood. Short term rentals are allowed and three of the cottages are currently rented on Airbnb with great returns. The fourth unit has a long-term lease. These beautiful properties have open floor plans with laminate flooring throughout, stainless steel appliances, granite countertops in the kitchen, tankless water heaters, tub/shower in guest bathroom and walk in shower in master. The short term rental units are fully furnished and outfitted and additionally come with washer and dryers. Paver driveways offer attractive parking. There are two different single story floor plans that have been built, but a two-story option could be built as well in the same footprint. An HOA has been drawn up but not finalized yet. The HOA would need to be established if the buyer wanted to sell the cottages individually. The common areas to maintain are the road, lift station and common grounds. The seller has done all of the needed development work except for installing electrical pedestals for the last 6 lots. Construction plans are included in the Documents. Survey can be provided. Please note that the two-story house in the back of the property is not part of this sale. Please don't disturb tenants if you drive by. Appointments need to be made to see inside the units. Rental numbers are included in the Documents. This sale includes three parcels: 30197-590-000, 30197-590-004, and 30197-590-014. Just a few minutes from the beach, and close to shopping, restaurants, boat rentals, and attractions such as golf, miniature golf, go-karts, Wonderworks, Ripleys and more!
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8BEDS
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0.71ACRES
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8BATHS
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01/2 BATHS
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3,200SQFT
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$406$/SQFT
School Information
Description
Attention Investors! Sarah Jean Cottages consists of four 2 bed 2 bath 800 sf cottages and 9 additional buildable lots in this quaint Panama City Beach neighborhood. Short term rentals are allowed and three of the cottages are currently rented on Airbnb with great returns. The fourth unit has a long-term lease. These beautiful properties have open floor plans with laminate flooring throughout, stainless steel appliances, granite countertops in the kitchen, tankless water heaters, tub/shower in guest bathroom and walk in shower in master. The short term rental units are fully furnished and outfitted and additionally come with washer and dryers. Paver driveways offer attractive parking. There are two different single story floor plans that have been built, but a two-story option could be built as well in the same footprint. An HOA has been drawn up but not finalized yet. The HOA would need to be established if the buyer wanted to sell the cottages individually. The common areas to maintain are the road, lift station and common grounds. The seller has done all of the needed development work except for installing electrical pedestals for the last 6 lots. Construction plans are included in the Documents. Survey can be provided. Please note that the two-story house in the back of the property is not part of this sale. Please don't disturb tenants if you drive by. Appointments need to be made to see inside the units. Rental numbers are included in the Documents. This sale includes three parcels: 30197-590-000, 30197-590-004, and 30197-590-014. Just a few minutes from the beach, and close to shopping, restaurants, boat rentals, and attractions such as golf, miniature golf, go-karts, Wonderworks, Ripleys and more!
© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Emerald Coast. Data last updated: 2026-08-18T22:03:59.903.
Listing provided courtesy of Keller Williams Success Realty: 850-249-0313. Listing information © 2026 Central Panhandle Association of Realtors MLS.