Extremely successful cash flowing short term rental. This newly remodeled Laguna Beach property situated in the highly desirable west Panama City Beach, just 2.5 blocks from the Gulf! 4 minute or a 1 minute golf car ride. This one of a kind property boasts two separate income approaches, maximizing returns. The front is an adorable guest quarters that is a 2 bedroom and 1 bath, perfect for accommodating in laws, or generating rental income. Complete with a master suite, living room, open kitchen/dining area, bunkbed room, additional sleeping space including a loft area, it has the option to come fully furnished. The second living area is a spacious 3 bedroom, 1 bathroom mobile home featuring attractive vinyl flooring throughout, an open floor plan, new electrical, new HVAC, septic system pumped 4/4/2025, new insulation. Outside, enjoy a fantastic lookout deck atop the home. Situated on a generous 50x100 lot on a dead end street (no pass through traffic).