** PRICE REDUCED ** Oceanfront Home and Apartment with pool, huge yard and great income producing potential as a Bed & Breakfast

Price Reduced
Open to Offers
Motivated Seller
Priced to Sell
Income Producing
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Property Details

Property ID
For Sale
Property Type
Single Family House
Sale Price
$ 599,900
Built Area
622 m2
Total Area
2198 m2
Title Status
Property Title
Date Published
Jul 2, 2019
Times Viewed

Property Description

7+ bedroom, ocean front home with apartment featuring a swimming pool, very large yard.  The apartment give the property great income producing potential. 

This ocean front home is located on a dead end street in the neighborhood of Majagual and consists of:

The main residence:

The main residence is situated on the first 2 levels, and is made up of 4 bedrooms (including a bedroom and bathroom on the ground floor) plus an office, large modern kitchen with fine granite counters and imported cabinetry and modern high end appliances and large pantry. The living room is open and spacious and opens up to a large covered terrace which over looks the swimming pool, pacific ocean and well manicured grounds 

Part of the entry level consists of caretakers quarters which has a separate entrance, along with, a storage area/shop and covered parking for several cars.

The 2nd level houses the bedrooms. Both the master bedroom and main guest bedroom over look the pacific ocean and have their own in-suite bathrooms. There is a 3rd secondary bedroom, along with an office which could be converted to a 5th bedroom. Also on the 2nd level is a large laundry room.

The Penthouse Apartment:

The penthouse apartment consists of 2 Bedrooms, each with its own in-suite bathroom, a large kitchen with an open floor plan, a visitor bathroom, and laundry room. The penthouse boasts very nice views of the Pacific Ocean and Mountains towards the front of the property. The penthouse is to be delivered fully furnished and has great income producing potential.

The penthouse also has its own private fenced in yard, and separate entrance and covered parking.  In the stairwell to the penthouse are caretakers quarters with additional bathroom.

The ocean front property is very solidly built and boasts nice finishes. The appliances of the main residence are included with sale, and the penthouse is to be delivered fully furnished.
The property sits on a lot that is nearly 3/4 of an acre in size and is located on a quiet dead end street just 30 minutes outside of Panama City, and just 10 minutes drive from Panama Pacifico.

Property Features

  • Appliances
  • Pet Friendly
  • Maid's Quarters
  • Maid's Bathroom
  • Laundry Room
  • Balcony/Terrace
  • Backyard/Patio
  • Storage
  • Internet & Cable Ready
  • Ocean View
  • Beachfront
  • Mountain View


  • Pool Outdoors
  • Close to Schools
  • Water Reserve Tank


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