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Updated about 6 years ago on . Most recent reply

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65
Posts
8
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Dev Paul
  • Jersey city, New Jersey (NJ)
8
Votes |
65
Posts

Airbnb/short term rental info for Panama city beach, Florida

Dev Paul
  • Jersey city, New Jersey (NJ)
Posted

Hi Folks,

Anyone here owning a  vacationproperty in Panama city beach, Florida and want to share their experiences and advice on good brokers in the area? Im looking to buy a beach side condo/vacation home purely from an airbnb standpoint. I will manage it myself. Budget -up until 300k- can buy two condos or a medium size home. Thanks in advance.

Most Popular Reply

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4,236
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5,686
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Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
5,686
Votes |
4,236
Posts
Luke Carl
#3 Short-Term & Vacation Rental Discussions Contributor
  • Rental Property Investor
  • Tennessee Florida
Replied

We looked at PCB and Destin. We could not make the numbers work. None of the condos are warrantable so the terms are terrible. The numbers I ran you’re lucky to break even. Come to the Smokys the returns are huge and there are less rules. We own 5 and we’re retired in our 30s :)

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