Perfect opportunity to invest in Beach Front Properties in one of the Top 10 Vacation Destinations in the US! Secure the value of your investment by enjoying significant long-term appreciation, while generation SOLID annual cash flow. The portfolio consists of tastefully decorated and beach themed, 33 residential condos, located at 4 different complexes ( 28 are located in Laketown Wharf Resort, 2 are located in Grand Panama Resort, 2 are located in Tidewater Bech Resort and 1 is located in Aqua Beach Resort) which are currently used as vacation rentals and 1 commercial condo, which is currently leased out long term with NNN lease to a vacation rental company. Total of 34 individual unit. Units can be purchased all together as a whole portfolio, or can be broken down into different parts, to match the needs of the Buyer ( fit a 1031 exchange), but if the portfolio is separated, the prices will likely differ. If you need to purchase part of the portfolio, please contact us for the up-to date pricing and availability. Panama City Beach is located in the Florida's Panhandle and is one of the most visited destinations in the US, consistently being in the top 5 most visited beaches in the US , with about 20MM visitors annually, due to its strategic geographical location, with population of over 43MM within 400 miles radius. AVERAGE NOI PAST 3 YEARS: $1,077,173.13 GROSS INCOME 2023: $1,304.841.00 / OPERATING EXPENSES 2023: $561,644.54 / NOI 2023 - $743,196.40 GROSS INCOME 2022: $1,630,217.00 OPERATING EXPENSES 2022: $561,644.54 / NOI 2022 - $1,068,572.00 GROSS INCOME 2021: $1,981,395.00 OPERATING EXPENSES 2023: $561,644.54 / NOI 2021 - $1,419,751.00