5216 Beach Drive, Panama City, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
5216 Beach Drive,Panama City, FL 32408
$699,000
- 5 Beds
- 5 Baths
- 2,160 sq. ft.
- Multi-family
- Active
Listed by: scott roberts
Office: lokation real estate
MLS#:780294
Source:FL_BCMLS
Price summary
- Price:$699,000
- Price per sq. ft.:$323.61
About this home
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!
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Home facts
- Year built:1983
- Listing ID #:780294
- Added:34 day(s) ago
- Updated:November 15, 2025 at 04:57 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Living area:2,160 sq. ft.
Heating and cooling
- Cooling:CeilingFans, Ductless
Structure and exterior
- Year built:1983
- Building area:2,160 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$323.61
- Tax amount:$5,986 (2024)
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