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423 Kelly Street
Panama City Beach, FL 32413

$499,999 - Status: Active Under Contract
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,200
MLS Icon MLS# 788212

UNDER CONTRACT. SELLER WILL CONSIDER BACK-UPS. Turnkey beach investment located just a few blocks from the Gulf on the highly sought-after west end of Panama City Beach, with convenient access to the Rosemary Beach entrance to 30A. This updated coastal bungalow offers an ideal setup for short-term rental use, featuring new LVP flooring, fresh interior paint, expanded driveway for additional guest parking, and a low-maintenance backyard designed for easy ownership. The fully fenced yard includes a detached storage building that could be transformed into a charming guest suite, bunk room, or flex space (buyer to verify), along with room to add a pool for increased rental potential. Professional rental projections estimate approximately $62K-$88K in annual gross revenue with strong occupancy trends. Positioned near public beach access, 30A, Rosemary Beach, and Pier Park, this property offers a compelling combination of location, usability, and income potential.

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Property Features

MLS#: 788212
Zip: 32413
Subdivision: Kiska Beach 1st Add
Development: 0325 - Beach - West South
Property Type: Residential - Single Family
Days on Site: 9
Home Style: Bungalow
Lot Size: 0.13 acres
Taxes: $4,388
Year Built: 1983
SQFT (H&C): 1,200

Feature Descriptions

Community Features: Short Term Rental Allowed
Lot Dimensions: 50 x 112
Parcel#: 36065-009-000
Utilities: Cable Connected

Room Sizes

Bedroom: 11 X 11 Level - First
Bedroom: 11 X 11 Level - First
Primary Bedroom: 14 X 21 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: West Bay

423 Kelly Street | MLS# 788212

This single family home located at 423 Kelly Street, Panama City Beach, FL 32413 is currently listed for sale with an asking price of $499,999. This property was built in 1983 and has 3 bedrooms and 2 full baths with 1200 sq. ft. Kelly Street is located in the Kiska Beach 1st Add subdivision. Search Kiska Beach 1st Add real estate on kwilliams.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Luxe Coastal Realty Group LLC

Shown By

Agent Name: Karen Justley Williams
Agent Phone: (937) 609-9739
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 12:09:07 AM EST) or Emerald Coast MLS (last updated Wed 04/22/2026 12:05:24 AM EST) or Central Panhandle Association of Realtors (last updated Wed 04/22/2026 12:07:19 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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