5220 Beach Drive

Panama City Beach, FL 32408

$599,000
Price
4
Beds
2
Baths
1,232 Sq. Ft.
$486 / Sq. Ft.
1,232
Sq. Ft.
$486
per Sq. Ft.

Description

Look no further! This four-bedroom, two-bathroom beach duplex is located just one block away from public beach access #5 and the world's most beautiful white sandy beaches and emerald waters. This property is divided into two separate units, each featuring two bedrooms and one bathroom, offering versatility for living arrangements or rental opportunities. Ideal for investors or homeowners looking for rental income, this duplex comes fully furnished and turnkey rental ready, making it hassle-free...Look no further! This four-bedroom, two-bathroom beach duplex is located just one block away from public beach access #5 and the world's most beautiful white sandy beaches and emerald waters. This property is divided into two separate units, each featuring two bedrooms and one bathroom, offering versatility for living arrangements or rental opportunities. Ideal for investors or homeowners looking for rental income, this duplex comes fully furnished and turnkey rental ready, making it hassle-free to start generating income immediately. The fenced-in yard provides privacy and security for your furry friends, while the fire pit adds charm and relaxation to outdoor gatherings. Don't miss out on this incredible opportunity to own a proven rental machine in one of the most desirable beach destinations. Whether you choose to live in one unit and rent out the other or rent out both units entirely, this beach duplex offers endless possibilities for both enjoyment and profitability. Buyers agent/buyer to confirm all items of importance.

Property Details for 5220 Beach Drive

Architectural Style
Duplex
Waterfront
No
Parking Features
Driveway, Open
Subdivision Name
Biltmore Beach

Location

Listing Courtesy of Beach Haven Realty
Add your commute
LISTING UPDATED: 04/01/2024 02:18 PM

Property Details for 5220 Beach Drive

StatusActive
MLS #754985
Days on Market52
Taxes$2,560 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex / Duplex
Year Built1972
Lot Size0.14 AC / 6,000 SF
CountyBay County

Location

Listing Courtesy of Beach Haven Realty
Add your commute

Building Information for 5220 Beach Drive

Stories-Residences-Year Built1972Building Size-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$3,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5220 Beach Drive

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: Traveling on Hwy. 98 turn onto Thomas Dr. headed South. Turn right on Beach Dr., property will be located down on the right.
  • Road Surface Type: Paved
  • Postal Code: 32408
  • Latitude: 30.143398
  • Longitude: -85.753724
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 31750-000-000
  • Association: No
  • Tax Annual Amount: $2,560.00
  • Tax Legal Description: BILTMORE BEACH LOT 6 BLK D ORB 3952 P 381 MAP 70B2
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
  • Open Parking: Yes
Property
Lot Information
  • Lot Size Dimensions: 50x120
  • Living Area: 1232.0
  • Living Area Source: Appraiser
  • Structure Type: Duplex
Property and Assessments
  • Other Structures: Outbuilding
  • Year Built: 1972
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fence, Outdoor Grill, Outdoor Shower
  • Community Features: Short Term Rental Allowed
  • Construction Materials: Block
  • Roof: Shingle
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Cooling: Yes
  • Cooling: Central Air, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Furnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Room Information
Room 1
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 1.0
Room 2
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 1.0
Room 3
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 1.0
Room 4
  • Room Area: 1.0
  • Room Dimensions: 1 x 1
  • Room Length: 1.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 1.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 5220 Beach Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5220 Beach Drive

Taxable ValueLand$156,800Additions$75,667Total$232,467
Tax Record2023$2,560 ($213 / month)
Home Facts
Total Finished SqFt1,232 SqFtAbove Grade Finished SqFt1,232 SqFtStories1Lot Size5,968 SqFtStyleDuplexYear Built1972Year Renovated1992ZoningBC17CountyBAYAPN31750-000-000

Schools near 5220 Beach Drive

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

J.R. Arnold High School
PublicPK to 12

Surfside Middle School
Public6 to 8

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.

Similar Homes

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5220 Beach Drive is a multi-family home for sale in Panama City Beach, FL 32408. This property was listed for sale on March 29, 2024 by Beach Haven Realty, it's currently listed at $599,000. It has been on the market for a total of 52 days and was last sold on November 1, 2017. This listing's school district is Bay. Nearby schools include Patronis Elementary School, J.R. Arnold High School and Surfside Middle School. 5220 Beach Drive is a 4-bed, 2-bath, 1,232 sqft multi-family home built in 1972.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beach Haven Realty

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.