2626 Allison Avenue unit: A, Panama City Beach, FL 32408 - Bay County

STR-ready new construction duplex in no-HOA Upper Grand Lagoon - Unit A gives investors 3BR/3.5BA/2,003 sq ft of turnkey, low-maintenance income potential, plus a deep backyard sized for a pickleball court or pool and a 10' x 20' golf-cart garage with roll-up door and 220 power already stubbed out for future amenities or EV/pool equipment. Built in 2025, this side of the duplex is engineered for performance: 10' ceilings on the main level, 9' ceilings upstairs, extra-wide stairs (easy for luggage & cleaners), spray-foam insulation, Hardie siding, and Quick Tie hurricane tie-down system to help control operating costs and protect your capital stack long term. Inside, the plan lives like a single-family home with expansive kitchen and baths with quartz countertops, open-concept main level, and 3 true bedroom suites plus a half bath, ideal for short-term, mid-term, or executive rental use. Full of valuable depreciable assets for your tax strategy. Outside, the lot is fully sodded with irrigation, and the extra-deep backyard gives you room to layer in a future 18' x 30' pickleball court, plunge pool, or upgraded outdoor living, while still keeping space for golf-cart parking and storage. Ideal location in Upper Grand Lagoon, close to marinas, boat ramps, Navy base, St. Andrews State Park, and multiple Gulf beach accesses, a proven demand corridor for vacation rentals and second homes. Adjoining Unit B also available, giving an investor the ability to control the entire building, double the doors and income streams, and create a cleaner future exit. Bring your STR playbook, house-hack strategy, or long-term hold plan. This duplex was built to be an asset, not a project!

Copyright © 2025 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.