💰 $38K+ Revenue on This $280K Panama City Beach STR
🏖️ $280K for a turnkey STR just 0.4 miles from the beach, with ~13.6%+ gross rental yield, a bunk room + no HOA.
Alex Veytsman
September 06, 2026
🏖️ $38K+ Revenue on a $280K Panama City Beach STR — 0.4 Miles From the Beach
💰 Panama City Beach, FL • $280K • $38K+ 2025 Gross Revenue • ~13.6%+ Gross Rental Yield • 1BR + Bunk Room • Fully Remodeled • No HOA • STR Allowed
📩 Interested?
🏖️ $38K+ Revenue for $280K Near the Beach
Here's a lower-cost way to get into one of Florida's biggest vacation-rental markets.
This fully furnished Panama City Beach STR generated more than $38,000 in documented gross rental income in 2025 and sits just 0.4 miles from the nearest public beach access.
At a $280,000 asking price, that's approximately a:
13.6%+ Gross Revenue-to-Price Ratio
It's also STR-allowed with no HOA, and the home has already been extensively remodeled—making this a relatively turnkey entry point for an investor who doesn't need a giant beach house to get into the market.
🏡 The Asset
6314 Sunset Ave #B, Panama City Beach, FL 32408
💰 Price: $280,000
💵 2025 Gross Revenue: $38K+
📊 Gross Revenue / Price: ~13.6%+
🛏️ 1 Bedroom + Separate Bunk Room
🚿 1 Bathroom
📐 600 Sq Ft
🏖️ 0.4 Miles to Public Beach Access
🔑 STR Allowed
🚫 No HOA
🛋️ Fully Furnished
🔨 Completely Remodeled
🌴 Private Fenced Backyard + Covered Patio
🚗 Oversized Driveway With Boat/Trailer Space
💰 The Investment Case
The property produced $38K+ of documented gross rental income in 2025, putting the $280K asking price at approximately 7.4x historical gross revenue.
That's gross revenue—not cap rate—but it's actual historical performance rather than a projection.
The other big advantage is the low basis. At $280K, you're getting a furnished, remodeled STR less than half a mile from the beach without an HOA eating into the operating economics.
And despite technically being a 1-bedroom, the separate bunk room creates additional sleeping capacity that can be valuable for a beach rental.
🔨 A Lot of the Expensive Work Is Already Done
The property has been remodeled extensively, including:
🍳 New Kitchen Cabinetry + Granite Countertops
✨ New Stainless-Steel Appliances
🧱 Luxury Tile Flooring Throughout
🏠 2022 Roof
❄️ 2023 HVAC
🚿 2023 Water Heater
🪟 Updated Windows, Doors + Trim
🎨 Fresh Interior + Exterior Paint
💧 Newer Septic System
Outside, there's a covered patio, privacy-fenced backyard and oversized driveway with room for multiple vehicles, a boat or trailer.
It's also located in Flood Zone X, with the listing representing that flood insurance is not required.
📊 The Investment Story
💰 $280K Purchase Price
💵 $38K+ Documented 2025 Gross Revenue
📊 ~13.6%+ Gross Revenue / Price
🏖️ 0.4 Miles to the Beach
🔑 STR Allowed
🚫 No HOA
🛋️ Fully Furnished
🔨 Extensively Remodeled
The thesis: get into Panama City Beach for under $300K with an existing STR that's already producing $38K+ annually, has no HOA and is less than half a mile from the sand.
💸 Financing + Cost Segregation
At a $280K purchase price, this could be an interesting property to evaluate across several different STR financing structures.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
🧾 Cost Segregation
Qualifying investors may also want to evaluate whether cost segregation and bonus depreciation could make sense after acquisition.
We partner with Segonomics, the lowest-priced cost segregation partner we've found.
Offer Sheet readers get 20% off using code:
OS20OFF
Members of Offer Sheet Pro can receive:
50% OFF
with studies as low as $1,749.
Offer Sheet Pro members can reply to the newsletter for the private 50% discount code.
Cost segregation, bonus depreciation and the ability to use resulting deductions depend on the property and each investor's individual tax situation. Consult a qualified tax professional.
🏡 Want Help Buying the Right STR?
Finding a property is only one part of building a successful short-term rental.
We partner with a team that helps investors with the entire process—from choosing the right market and finding the property to underwriting, design, amenities and operations.
They can help with:
📍 Market Selection — identify markets that fit your budget, goals and investment strategy.
🔎 Property Search — find STR opportunities without spending hours every day combing through listings.
📊 Deal Underwriting — analyze revenue potential and individual properties before you commit.
🎨 Design + Furnishing — build a property designed to stand out from competing rentals.
🔥 Revenue-Driving Amenities — determine where additional investment can improve the guest experience and revenue potential.
⚙️ Launch + Operations — help put the pieces in place to get the property live and operating successfully.
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help figuring out where to buy, which property to choose, how much it could generate, or how to design and amenity it to compete at the top of its market, they can help throughout the process.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 $38K+ Proven 2025 Revenue
Documented historical income rather than a revenue projection.
🏖️ 0.4 Miles From the Beach
Guests can get to public beach access without paying the acquisition premium for beachfront real estate.
🚫 No HOA
No HOA dues—and no HOA layer governing the property.
🔨 Turnkey + Remodeled
Roof, HVAC, water heater, kitchen, flooring and other major components have already been updated.
💵 $280K Entry Price
A relatively accessible acquisition price for an existing STR in Panama City Beach.
⚡ Bottom Line
$280K. $38K+ Revenue. 0.4 Miles to the Beach. No HOA.
At approximately a 13.6%+ gross revenue-to-price ratio, this is a relatively straightforward investment story: buy a furnished, remodeled PCB STR with documented rental history for under $300K.
The separate bunk room adds sleeping flexibility, the beach is less than half a mile away, and there's no HOA—making this an interesting lower-basis way to get exposure to the Panama City Beach STR market.
📩 Interested in This Property?
