We are proud to announce that our newest Beach House, 21815 Front Beach Road is now Sold, Closing to occur on 8/5/2020. This will be a new High Comp for Panama City Beach.
NEWS & MEDIA
Florida beachfront properties
Michael Warren / Getty Images
JULY 22, 2020
Share this article: FacebookTwitterLinkedInPrintShare
Top U.S. Area to Buy a Vacation-Rental Home? The Panhandle
Weiss Analytics: Fla.’s Panhandle offers the best returns on vacation-home investments in the U.S., while Siesta Key and the Miami Beach metro also made the top 20 list.
NEW YORK – Real estate investors are scrutinizing second-home markets as they hunt for growth opportunities, even during the pandemic. After all, “travel doesn’t stop when the economy weakens – it changes where people travel,” a new report from rental management site Rented Inc. and Weiss Analytics notes.
“In 2020, travelers want to stay closer to home, and they are seeking genuine experiences. High on the list are Instagram-worthy, outdoor locations, and the highest returns come from homes that enhance the guest experience,” the report states.
Rented and Weiss note a “dramatic shift” in drive-to destinations and markets within two to five hours of major metro areas, which are seeing some of the highest returns in vacation home rentals.
Rented Inc. and Weiss Analytics’ fifth annual analysis of top vacation rental markets looks at properties based on the highest return on investment. The rankings use a three-bedroom, two-bath stand-alone home rental as a base and then compare this vacation housing across hot spots based on homeownership, short-term revenue potential, cost to acquire, annual appreciation and projected changes in asset value.
Overall, the report found that Florida’s Panhandle is the top vacation-home investment area in the U.S. with an index score of 98.7, though Siesta Key and Miami Beach also made the top 20. Out of 100 cities rated, El Paso, Texas, came in last with an index score of 13.9.
Top 20 U.S. vacation-rental investment spots
1. Florida Panhandle – 98.7 (index score)
2. South Jersey Shore, N.J. – 93.4
3. The Poconos, Pa. – 93.0
4. Smoky Mountains, Tennessee – 77.8
5. Central Texas – 77.7
6. Phoenix Metro Area, Ariz. – 77.0
7. Ocean City, Md. – 74.4
8. Siesta Key, Fla. – 74.2
9. Charleston Metro/Coastal, S.C. – 73.5
10. Hampton Roads, Va. – 73.3
11. Hudson Valley, NY – 72.9
12. Leavenworth, Wash., D.C. – 72.4
13. Inland Empire, Calif. – 72.1
14. The Adirondacks, NY – 71.3
15. Chattanooga, Tenn. – 70.6
16. The Hamptons, NY – 70.2
17. Columbus, Ohio – 69.9
18. Portland, Maine – 69.4
19. Miami Metro Area, Fla. – 68.6
20. Omaha, Neb. – 68.5
Other Florida metro area rankings
26. Tampa Bay Area – 66.1
36. Orlando Metro Area – 61.6
38. Cape Coral – 60.8
51. Jacksonville – 56.8
68. Daytona Beach – 52.2
75. Cocoa Beach – 49.4
89. Marco Island – 41.8
Our Newest Beach House is Almost Finished!!! This is the largest unit built on Panama City Beach and is over 7,000 Sq. Ft. with 10 Bedrooms, 10 Full Baths, 2 1/2 Baths, Rec Room, Pool with Swim Up Bar and Spa all setting on a over size lot with a 22' elevation on the West End of Panama City Beach. Listed for 4,795,000.00 Call Bill Thomas, 850-381-3156 or Virginia Thomas at 850-381-3157 for rental projections and more information.
Some pictures of the Spa and Pool. The railings are temporary railings. The ALL GLASS RAILINGS are on back order and will be installed in about two weeks.
Just a few pictures of Bluff 2. Over 7,000 sq. Ft. 10 Bedrooms, 10 Full Baths, 2 1/2 baths, Rec Room will games including a pool table and a oversize deck, pool with a swim up bar and spa. All on one of the highest elevations on the beach at 29' stop by 21815 front beach road and take a look
21815 Front Beach Road is just about finished. Expected Open House is scheduled for July 4th Weekend. Personal Showings are now being scheduled. Call Bill Thomas for your personal showing. 850-381-3156
Our Feature home this week is 22015 Front Beach Road. This 7200 Sq. Ft. Gulf Front home is located directly on the gulf with 9 bedrooms, 9 full baths, 2 laundries, two kitchens, 2 master suites, both with wet bars, barn house bunk room that sleeps 12, library in the tower and a private office in the third floor tower. Sleeps 40 with a projected income over 400K a year and comes fully decorated and ready to rent. This home is listed for $5,195,000.00 and will be available on 4-15-2021. Give us a call for your private showing at 850-38
Our newest Beach House coming out of the ground on the West End of Panama City Beach, right across the street from Dustys Raw Bar and walking distance to Pier Park. Projected completion date is 6/30/2021. Jetter construction is the builder. Give us a call for more information
