5216 Beach DR Panama City, FL 32408
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Biltmore Beach
MLS Listing ID 780294
Style Duplex
Bedrooms 5
Full Baths 5
HOA Y/N No
Year Built 1983
Annual Tax Amount $5,986
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Property Description
Discover this beautifully updated property featuring three independent income-producing units, each with its own private entrance. Live in one and rent out the others, or maximize your investment by leasing all three!
The home includes two spacious 2-bedroom units and one cozy 1-bedroom unit, offering flexible living or rental options. The downstairs 2-bedroom unit even includes built-in bunks, perfect for accommodating larger families or vacation guests. Upstairs, enjoy both front and back deck areas where you can catch a peek-a-boo view of the Gulf and coastal breezes.
Out back, a covered picnic area with tables and grills makes for the ideal space for gatherings and cookouts. A pet-friendly fenced yard adds extra convenience and appeal for tenants or guests with pets.
This investor's dream is perfectly situated just 1½ blocks from the sugar-white sands of Gulf Access #5 and minutes from St. Andrews State Park, local shops, and some of Panama City Beach's best dining spots.
Don't miss this rare opportunity to own a turnkey, income-producing property in one of the Gulf Coast's most desirable beach communities!
Location
State FL
County Bay
Area 03 - Bay County - Beach
Interior
Heating Ductless
Cooling Ceiling Fan(s), Ductless
Fireplace No
Exterior
Exterior Feature Deck
Parking Features Additional Parking
Fence Fenced
Utilities Available Electricity Available, Trash Collection
Porch Deck, Covered, Patio
Building
Dwelling Type Duplex
Story 2
Entry Level Two
Architectural Style Duplex
Level or Stories Two
New Construction No
Schools
Elementary Schools Patronis
Middle Schools Surfside
High Schools Arnold
Others
Tax ID 31749-000-000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Listed As-Is
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