Single Family Home on Ocean 30 minutes from Panama City

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$750,000

N/A

Single Family House

5

5

400 m2
4,305.60 sq.ft.

3,000 m2
32,292 sq.ft.

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1819

2,135

Active

2011-11-18

2011-11-18

Single family home on the Pacific Ocean just 30 minutes drive from down town Panama City. 

The 400 m2 home consists of a master suite and bathroom on the top level and 4 additional bedrooms downstairs, along with a dining room, kitchen, split level nook/office, subterrainean room, (could be a great wine cellar) and large outdoor living/cooking area. 

Throughout the home one can find nice details such as very high ceilings, exquisite tile work, murals and fine iron work.

Overlooking the Pacific Ocean is a beach entry swimming pool, with island and plenty of sitting areas.

The home is located on a dead end street, is walled and has an electric gate, detached laundry house, and covered car ports for 3 vehicles as well as ample un-covered parking.

The design and layout of the home lends itself to be used as a small bed and breakfast, as 2 of the bedrooms can be accessed directly from the parking area.

The ocean side home sits on a lot that is roughly 3000 m2, approximately 3/4s of an acre, with approximately 60 linear meters of ocean frontage.  The grounds are planted with a variety of fruiting trees, including grafted mangos, citrus, coconut palm, tamarind and plantains.

The house is just 2 years old, and includes tax exonnerations for the next 18 years.  Additionally it is in the name of a corporation which is to be included in the sale.

Oceanfront 11 Acres on Island with Financing
 
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