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Aaron Thompson

aaron.thompson@engelvoelkers.com +1(423) 413-8387

$ 1,280,000

Est. payment -/mo

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Price Dropped by $5K

3910 Wasp ST Panama City Beach, FL 32408

4 Beds

4 Baths

2,594 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,594 sqft

Price per Sqft $493

Subdivision Holiday Beach Unit 16

MLS Listing ID 767130

Style Coastal

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 2007

Annual Tax Amount $7,883

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type Detached

Property Description

WELCOME to this INCREDIBLE ''STR'' OASIS with up-to a $75,000 SELLER CREDIT! A 5-STAR-REVIEW, SHORT TERM RENTAL, TURN-KEY HOME -- NO HOA -- NO DEED RESTRICTIONS -- A ONE OF A KIND, CUSTOMIZED ISLAND STYLE POOL -- AND up to a $75,000 SELLER CREDIT -- to the BUYER towards any MAINTENANCE, INSPECTION REPAIR ITEMS, or PERSONALIZED HOME UPDATES -- MAKING IT YOUR VERY OWN -- SPRUCED UP RETREAT -- that will keep SHORT TERM RENTERS COMING BACK, YEAR after YEAR! This incredible turn-key, fully furnished short-term rental is a rare find -- boasting 5-star reviews, no HOA or deed restrictions, and bookings nearly filled in 2025!A ONE-OF-A-KIND PROPERTY: Set on an oversized parcel combining two expansive lots, this property is a standout in the high-demand South Lagoon investor market. The showpiece of the estate is a custom-designed, island-style pool shaped like a giant fish, complete with a Jacuzzi, swim-up bar, water slide, and an outdoor tiki bar and grill. By night, the LED-lit pool transforms into a light and water show -- an unforgettable space for guests and owners alike.SPACIOUS & STYLISH LIVING: The three-story, 4-bedroom, 3.5-bath home offers spacious, modern living areas and a seamless flow between indoor and outdoor entertaining. The ground-floor heated and cooled game room is a guest favorite, featuring a pool table, TV, games, and more -- ensuring repeat business and happy visitors year after year.INCOME & INVESTMENT POTENTIAL: This property consistently generates $100,000-$200,000 in gross annual rental income, with even greater potential depending on personal use and booking availability. With no HOA restrictions, you're free to make this your private high-yielding rental retreat! ADDED PERKS: Behind the pool is a gated area with separate road access -- perfect for storing an RV, boat, jet skis -- OR -- Building a separate 1-2 Bedroom Rental to generate even more Income! Its prime location places you minutes from boat ramps, Shell Island, St. Andrews State Park, the Gulf of Mexico, and all the local attractions, dining, and entertainment Panama City Beach is famous for.SELLER BONUS OFFER: Seller is offering up to $75,000 credit to the buyer at closing -- to be used toward home updates or any potential inspection repair items. Don't Miss This Rare Opportunity! Schedule your private showing today and experience this one-of-a-kind South Lagoon paradise.

Location

State FL

County Bay

Community Other, See Remarks, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Utility Room

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric, Multi Units

Furnishings Furnished

Fireplace No

Appliance Convection Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood, Washer

Exterior

Exterior Feature Balcony, Covered Patio, Sprinkler/Irrigation, Outdoor Shower

Parking Features Boat, Carport, Gated, Oversized

Fence Full, Privacy

Pool Fenced, In Ground, Other, Pool, Private, Pool/Spa Combo, Waterfall

Community Features Other, See Remarks, Short Term Rental Allowed

Utilities Available Cable Connected, Other, See Remarks, Trash Collection

Roof Type Metal

Porch Balcony

Private Pool Yes

Building

Architectural Style Coastal

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 30808-386-001

Security Features Fire Alarm,Fire Sprinkler System,Smoke Detector(s),Security Fence

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is, Other

Listed by CENTURY 21 Ryan Realty Inc

Aaron Thompson

Advisor | License ID: SL3519273

+1(423) 413-8387

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