1. Panama City Beach FL (Single Family Homes)
While the condo market in PCB is saturated, large single-family homes on the west end (near 30A) are materially undervalued compared to their neighbors just a few miles away. The yield-on-cost for a 4-bedroom home with a pool in PCB significantly outperforms a comparable property in Miramar Beach.
Read the full Panama City Beach, FL market guide →
2. Black Mountain NC (Asheville Adjacency)
As Asheville city tightens regulations, Black Mountain offers the same tourism draw with less regulatory friction and lower acquisition costs. The cap rates here are currently 150-200 bps higher than comparable properties inside Asheville city limits.