13809 Bay Avenue, Panama City Beach, FL 32413
Local realty services provided by:Better Homes and Gardens Real Estate Historic
13809 Bay Avenue,Panama City Beach, FL 32413
$700,000
- 4 Beds
- 4 Baths
- 1,716 sq. ft.
- Multi-family
- Active
Listed by: wendi ligas
Office: keller williams success realty
MLS#:785519
Source:FL_BCMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$407.93
About this home
Own a true piece of American history just steps from the sugar-white sands in the highly sought-after Bid-A-Wee Beach community of Panama City Beach. Originally constructed during the Cold War era as barracks housing for military personnel, this remarkable property blends historic character with modern-day investment potential--offering a story as special as the location itself.
Situated on a rare double lot with two separate addresses, this is widely considered one of the premier parcels in Bid-A-Wee. The expansive homesite offers exceptional flexibility, including the potential to build two stunning three-story homes, create a multi-generational beach compound, or maximize returns with future development. Short-term rentals are allowed, and there is no HOA, making this an increasingly rare and valuable opportunity.
The existing duplex features 4 bedrooms and 4 fully renovated bathrooms, with more than $70,000 in recent improvements. Each side lives like its own private residence--perfect for renting both for maximum income, occupying one side while renting the other, or holding as an investment while planning future construction. With projected rental potential reaching up to $100,000 annually, the income possibilities are substantial.
Owners and guests enjoy exclusive private access to five gated Bid-A-Wee Beach entrances, just a short walk away, offering a quieter, more private beach experience reserved only for property owners and their guests.
Whether you envision building signature beach homes, creating a legacy property, or securing a high-performing investment with immediate income, this is a once-in-a-generation opportunity to own one of Bid-A-Wee's most iconic and versatile properties.
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Home facts
- Year built:1963
- Listing ID #:785519
- Added:3 day(s) ago
- Updated:February 23, 2026 at 03:32 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Living area:1,716 sq. ft.
Heating and cooling
- Cooling:CeilingFans, WindowUnits
Structure and exterior
- Roof:Metal
- Year built:1963
- Building area:1,716 sq. ft.
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Hutchison Beach
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$407.93
- Tax amount:$7,824 (2025)
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