Welcome to this charming beach cottage in the heart of Panama City Beach's Tourist District, just steps from the Gulf! Enjoy breathtaking Gulf views and unforgettable sunsets from your private lookout deck--the perfect spot for morning coffee or evening relaxation. Inside, the open-concept floor plan features vaulted ceilings, a cozy gas fireplace, tile flooring, and a beautifully updated kitchen with quartz countertops. Designed for coastal living, the home offers generous covered outdoor living space that's perfect for entertaining, beachside BBQs, and relaxing after a day in the sun. Paver accents enhance the exterior, while the outdoor shower makes rinsing off after the beach a breeze. The property also includes a 16' x 20' storage shed and a golf cart for easy trips to the beach and nearby attractions. Located just 250 feet from Public Beach Access 76A, this furnished property is short-term rental eligible with projected annual rental income of up to $70,000. Adding to its unique appeal, the property is zoned Commercial High Intensity (CH), offering exceptional long-term flexibility and investment potential. Commercial High Intensity zoning allows for a variety of residential, lodging, retail, office, restaurant, and other commercial uses, subject to City approval and applicable development standards. Energy-efficient solar panels help keep utility costs low, with an average electric bill of just $104 per month over the past 12 months. Plus, the appliances, HVAC system, roof, water heater, and solar panels are all less than four years old, providing added peace of mind. Conveniently located approximately 0.5 to 1.5 miles from local favorites including Carousel Supermarket, Thomas' Donuts, McGuire's Irish Pub, and Pier Park, this property offers the perfect blend of beach cottage charm, investment opportunity, and future potential. All measurements are approximate and should be verified by the buyer if important.