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3910 Wasp Street

Panama City Beach, FL 32408
  • $1,199,990
  • STATUS: Active Under Contract
  • ON SITE: 186 Days
  • MLS #: 767130
Under Contract
UPDATED: 27 min ago
$1,199,990
  • 4
    BEDS
  • 0.28
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,594
    SQFT
  • $463
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2007
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to this incredible ONE-OF-A-KIND, SHORT-TERM RENTAL OASIS with a custom ISLAND STYLE POOL!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.Don't Miss This Rare Opportunity!Schedule your private showing today and experience this South Lagoon paradise.

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© 2025 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 Counts Real Estate Group. Data last updated: 2025-07-18T18:04:13.07.
www.countsemeraldcoast.com/homes/159386524
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3910 Wasp Street Panama City Beach, FL 32408

  • Price: $1,199,990
  • Status: Active Under Contract
  • On Site: 186 Days
  • Updated: 27 min ago
  • MLS #: 767130
4
Beds
3
Baths
1
½ Baths
0.28
Acres
2,594
SQFT
$463
$/SQFT
2007
Built
Neighborhood:
Holiday Beach Unit 16
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
Property Description
'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Welcome to this incredible ONE-OF-A-KIND, SHORT-TERM RENTAL OASIS with a custom ISLAND STYLE POOL!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.Don't Miss This Rare Opportunity!Schedule your private showing today and experience this South Lagoon paradise.
Exterior Features

Architectural Style Coastal Carport YN Yes Construction Materials Vinyl Siding Exterior Features Balcony Covered Patio Sprinkler / Irrigation Outdoor Shower Fencing Full Privacy Garage YN No Patio And Porch Features Balcony Pool Features Fenced In Ground Other Pool Private Pool / Spa Combo Waterfall Pool Private YN Yes Roof Metal Spa Features Hot Tub Spa YN Yes

Interior Features

Appliances Convection Oven Dryer Dishwasher Electric Cooktop Disposal Ice Maker Microwave Refrigerator Range Hood Washer Cooling Central Air Ceiling Fan(s) Electric Multi Units Cooling YN Yes Furnished Furnished Heating Central Electric Heating YN Yes Interior Features Utility Room Parking Features Boat Carport Gated Oversized Rooms Utility Room (Second Level) Half Bath (Second Level) Full Bath (Third Level) Full Bath (Third Level) Recreation (First Level) Kitchen (Second Level) Living Room (Second Level) Dining Room (Second Level) Bedroom (Third Level) Bedroom (Third Level) Bedroom (Third Level) Primary Bathroom (Second Level) Primary Bedroom (Second Level)

Property Features

Association YN No Community Features Other See Remarks Short Term Rental Allowed Documents Available Survey Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Conventional Lot Size Dimensions 50x115x50x127 Occupant Type Tenant Property Attached YN No Property Sub Type Detached Property Sub Type Additional Detached Single Family Residence Security Features Fire Alarm Fire Sprinkler System Smoke Detector(s) Security Fence Special Listing Conditions Listed As- Is Other Tax Annual Amount 7883 Tax Year 2024 Utilities Cable Connected Other See Remarks Trash Collection Waterfront YN No Zoning Description County

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of CENTURY 21 Ryan Realty Inc: (850) 233-7926. Listing information © 2025 Central Panhandle Association of Realtors MLS.


© 2025 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 Counts Real Estate Group. Data last updated: 2025-07-18T18:04:13.07.
 
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Counts Real Estate Group
21901 Panama City Beach Pkwy
Panama City Beach FL, 32413