Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
2014
Sq.Footage
1,475
Toasted Coconut is a fully turnkey 3 bed, 2 bath Riviera Beach rental with a track record most investment properties can't match. It's an Airbnb Guest Favorite in the top 5% of eligible listings, with a 4.96 rating across 121 reviews and perfect 5.0 scores for cleanliness, accuracy, check-in, communication and value. The host is a Superhost. Gross rental revenue was $67,226 in 2024 and $68,433 in 2025, and the owners project about $70,000 for 2026. It sells fully furnished and fully equipped, sleeps 10, and is ready to keep earning from day one. A buyer can take over the operation without buying furniture, renovating or building a booking history from scratch. The location drives those numbers. Riviera Beach sits on the west end of Panama City Beach, about 10 minutes from both Pier Park and Scenic 30A. Guests are a short walk or a one-minute golf cart ride from the white sand at Gulf beach access #86, with Conservation Park's 24 miles of trails a short drive away. There's no HOA, so no association fees and no HOA rental restrictions. The owners have run this home well and reinvested in it every year. Since 2023 they've added a new Rheem two-stage heat pump HVAC system with corrosion protection and a 10-year parts warranty, a new 50-gallon water heater, a new Maytag washer and dryer, all-new furnishings and a full interior refresh covering lighting, fixtures, paint, trim, faucets and hardware. The HVAC is serviced twice a year and the septic is regularly maintained. The home was built in 2014 to Florida Building Code wind-mitigation standards and has a metal roof, which helps on insurance and on peace of mind. Inside, the kitchen, dining and living areas open into one space under a tray ceiling. The kitchen has granite counters, stainless appliances, a large breakfast bar and a pantry. The primary suite sits at the back of the home for privacy, with its own tray ceiling, a walk-in closet, a tile shower and a double vanity. The second bedroom has plenty of room, and the bunk room sleeps four. Out back, the fenced yard is the space guests mention most in their reviews. It has a covered patio, a hot tub that conveys, a fire pit and a gas grill. A covered front porch, a single-car garage, extra parking and a Nest doorbell and camera system round it out. The hard part is already done: the home is furnished, upgraded, highly rated and has three full years of revenue history. All that's left is to pick up the keys and keep the bookings coming.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, Tray Ceiling(s), Kitchen Island, Recessed Lighting, Pantry
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Shake Siding
-
Other Exterior Features
Outdoor Grill, Private Yard, Rain Gutters
-
Parking
Attached, Garage
-
Patio and Porch Features
Patio, Porch, Covered
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.13
-
Lot Size(square feet)
5,662
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
-
Architectural Style
Beach House
Price
-
Sales Price
$715,000
-
Tax Amount
$6,625.58
-
Zoning
Resid Single Family
-
Sq. Footage
1,475
-
Price/SqFt
$484
HOA
-
Association
No
School District
-
Elementary School
West Bay
-
Middle School
Surfside
-
High School
Arnold
Property Features
-
New Construction
NO
-
Sewer
Septic Tank
-
Water Source
Public
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Location
County
Bay
Elementary School
West Bay
Middle School
Surfside
High School
Arnold
Listing Courtesy of Peter McLellan, Premier Agent Network Inc
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