Panama City Beach STRs

[Sammy Escobar]

Hello! First time poster here on Biggerpockets!

My business partner and I are looking into buying STR property in Panama City Beach. We've been seeing a lot of limited information on rental rates as many properties there are not renting through Airbnb or VRBO.

I was wondering if anyone who currently invests in STRs in Panama City Beach can provide some insight on rental rates, and as well as typical occupancy rates. Also many 2BR condos we’ve seen have an additional bunk room in the unit, and if those rent at a 2BR rate or as a 3BR rate.

Any insight, advice, or information is greatly appreciated!!

[Joey Morea]

@Sammy Escobar

I own a condo in PCB it has done really well for me this year. A little over 50k gross YTD at moment. It’s all about self managing and well marketed. My condo is a 2bd plus bunk room but advertise it as a 3br since it more or less is. Never had an issue just explain it well in the description. Happy to help with any questions you may have my phone number is in my profile.