Incredible opportunity. The only parcel in this entire El Centro area that is zoned for allowance of VACATION RENTALS. This fabulous property has a nice sized home plus an additional lot to build an additional vacation rental property. Note that the City of Panama City Beach states the lots cannot be divided and sold separately The main house has 3 bedrooms and 2 bathrooms plus a separate efficiency apartment. Adjoining the home parcel is an additional lot and all nestled in a corner totally private fenced in area. Large lots allow for plenty of room for a nice sized private pool and a perfect covered area to set up the perfect outdoor kitchen and gathering area. THIS IS THE SPOT with a short walk to dedicated Beach accesses. This is the only parcel that the City had approved for Vacation rentals over 20 years ago. VERIFIED with the City of Panama City Beach. This property is priced right for this rare opportunity. Don't wait too long as it will not last. OH YEAH, did I mention it is a 10 minute walk to PIER PARK. The home needs some modernizing but is in very good overall condition. It is going to need new flooring.