Homes for sale - 5519_5521 Beach DR, Panama City, FL 32408

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Sun

Feb

Mon

Feb

Tue

Feb

LPT Realty

support@lpt.com +1(877) 366-2213

$ 485,000

Est. payment | -/mo

4 Beds

4 Baths

1,605 SqFt

Save Virtual Tour

$ 485,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

1,605 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,605 sqft

Price per Sqft $302

Subdivision Baltimore Beach

MLS Listing ID 767454

Style Duplex

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 2003

Annual Tax Amount $1,401

Tax Year 2023

Property Description

If you have been looking to own and profit on Panama City Beach, this may be the perfect income-producing property for you. Just one block from the beach, this reasonably priced duplex has no HOAs and offers a fantastic location where you and your guests can enjoy many amenities year after year. Currently rented to long-term tenants, grossing $33,000, the short-term rental potential would be much higher, leaving plenty of room to call this a solid investment. You may be ready to live beach side on a budget and enjoy living in one unit and renting out the other. You and your guest will enjoy high ceilings with lots of natural light, a split bedroom floor plan, a full laundry room, and open concept living and kitchen area along with an open patio and a sizable fenced-in backyard for both units, so take a short walk to the beach, garden in your backyard or stay in and relax in either of these efficient two bedroom two bathroom units. This low-maintenance property is a fantastic way to break into beach life. The roof was replaced in January 2019, the Water Heater in December 2024, and the Washer/Dryer in December 2018 in unit 5519. In unit 5521, the A/C was replaced in July 2017, the Washer/Dryer in June 2021, and the Water Heater in December 2024. Last but not least, the property is hooked up to public water and sewer.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Electric

Cooling Electric

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer

Exterior

Parking Features Driveway

Fence Fenced

Community Features Short Term Rental Allowed

Roof Type Composition,Shingle

Building

Dwelling Type Duplex

Architectural Style Duplex

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

Tax ID 31858-000-000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by CENTURY 21 Ryan Realty Inc

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(877) 366-2213

support@lpt.com

1400 S International Pkwy, Lake Mary, FL, 32746, USA

Learn More About LPT Realty