5105 Beach Drive, Unit A & B

Panama City Beach, FL 32408

$589,000
Price
4
Beds
4
Baths
2,150 Sq. Ft.
$274 / Sq. Ft.
2,150
Sq. Ft.
$274
per Sq. Ft.

Description

Welcome to this beautifully designed and well-maintained duplex located just a walk away from the most beautiful sugar-sand beaches in the world, a prime choice for families and tourists alike. This multi-family home sits on a large corner lot. Each unit welcomes you with an arched front entrance that leads inside into a bright living room with a half vaulted ceiling, a skylight, a ceiling fan and 2 large windows, all of which enhances the natural light. Nice kitchen comes with lots of cabinets and...Welcome to this beautifully designed and well-maintained duplex located just a walk away from the most beautiful sugar-sand beaches in the world, a prime choice for families and tourists alike. This multi-family home sits on a large corner lot. Each unit welcomes you with an arched front entrance that leads inside into a bright living room with a half vaulted ceiling, a skylight, a ceiling fan and 2 large windows, all of which enhances the natural light. Nice kitchen comes with lots of cabinets and a pantry. Each unit has 2 bedrooms with the ceiling fans and large closets, 2 full bathrooms with shower tubs and impressive skylights. Larger bedroom has a sliding door leading to the back porch. There is a separate laundry room with a sink and plenty of storage space. Nice relaxing screened porch with a fan and a big fenced backyard is great for outdoor activities. An outdoor shower on each side is a thoughtful addition, useful after a trip to the beach. Parking is a breeze with the concrete driveways accommodating 2 vehicles per unit, with additional large space on the side of the lot for other vehicles. This duplex is located in the desirable Lower Grand Lagoon area and presents great investment opportunities with high rental demand. Live in one unit and rent the other, or capitalize on its potential for both short-term and long-term rentals. Only a 4-minute walk(0.2 miles) to the beach or to Schooner's restaurant and 2-minute drive (0.7 miles) to St. Andrews Park. It's also only 2-3 minutes drive to Yachts, Cruises, Deep Sea Fishing Tours, boat rentals. Brand new 2024 roof with 3 skylights in each unit. Unit A: Long term lease 1,600/mo. expires 06/30/2025. It has 2011 HVAC, 2024 water heater, Carpet floors, Vinyl plank floor in a kitchen and vinyl in the bathrooms. Unit B: 2021 HVAC and 2018 water heater, newly painted interior, vinyl plank floors. This is your chance to own a great income generating property in the city's hottest spot, just steps away from the stunning beach. Schedule your showing today!
  1. Listed by Olena S Anderson • RE/MAX Freedom

Property Details for 5105 Beach Drive, Unit A & B

Architectural Style
Duplex
Waterfront
No
Parking Features
Additional Parking, Driveway, Paved
Subdivision Name
Treasure Island
Zoning Description
County,Resid Multi-Family
LISTING UPDATED: 11/22/2024 02:35 PM

Property Details for 5105 Beach Drive, Unit A & B

StatusActive
MLS #764546
Days on Market37
Taxes$3,804 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex / Duplex
Year Built1991
Lot Size0.12 AC / 5,227 SF
CountyBay County

Building Information for 5105 Beach Drive, Unit A & B

Stories1Residences2Year Built1991Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 5105 Beach Drive, Unit A & B

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Coming from HWY 98 turn south to Thomas Drive. Go straight for 3.7 miles, cross Grand Lagoon bridge. Turn on Beach Dr on a right. In 0.2 miles the duplex will be on the left. Located on SW cross road corner of the Beach Dr. and Benbow St.
  • Road Surface Type: Paved
  • Postal Code: 32408
  • Latitude: 30.141609
  • Longitude: -85.752289
  • State Or Province: FL
  • Road Frontage Type: County Road
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 31604-000-000
  • Association: No
  • Tax Annual Amount: $3,804.00
  • Tax Block: 13
  • Tax Legal Description: TREASURE ISLAND LOT 5 BLK 13 ORB 3835 P 1514
  • Tax Lot: 5
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
  • Other Parking: Driveway Spaces:4.00
Property
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.12
  • Lot Size Dimensions: 60x90
  • Lot Size Square Feet: 5358.0
  • Living Area: 2150.0
  • Living Area Source: Appraiser
  • Structure Type: Duplex
Property and Assessments
  • Year Built: 1991
  • Public Survey Range: 15W
  • Public Survey Section: 16
  • Public Survey Township: 4S
  • Human Modified: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Septic Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Outdoor Shower, Porch
  • Fencing: Fenced
  • Community Features: Short Term Rental Allowed
  • Door Features: Storm Doors
  • Construction Materials: Stucco, Wood Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Roof: Asphalt
Interior Features
  • Stories Total: 1
  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Central, Electric, Heat Pump
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Range Hood
  • Interior Features: High Ceilings, Pantry, Skylights, Vaulted Ceilings
  • Window Features: Double Pane Windows, Skylights
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
Rental
Rental Information
  • Occupant Type: Occupied
  • Lease Expiration: 06-30-2025
  • Lease Term: Other

Property History for 5105 Beach Drive, Unit A & B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5105 Beach Drive, Unit A & B

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5105 Beach Drive, Unit A & B is a multi-family home for sale in Panama City Beach, FL 32408. This property was listed for sale on November 1, 2024 by RE/MAX Freedom, it's currently listed at $589,000. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 5105 Beach Drive, Unit A & B is a 4-bed, 4-bath, 2,150 sqft multi-family home built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Freedom

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.