5220 Beach Drive, Panama City, FL 32408

$589,999
4
BD
2
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$589,999
MLS#
790852
Status
ACTIVE
Type
Multifamily
Subtype
Duplex
Bedrooms
4
Bathrooms
2
Lot Size
5,968
Neighborhood
Beach - South of Grand Lagoon

Property Description

Experience coastal living at its best with this beautifully maintained duplex just steps from Beach Access #5 and the stunning sugar-white shoreline along the Gulf. Offering a total of four bedrooms and two full baths, the property is configured as two private residences, each featuring two bedrooms and one bathroom, creating an excellent flexibility for personal use, vacation rentals, or long-term tenants. Perfect for those seeking an income-producing property or a beach getaway with added earning potential, this fully furnished duplex is move-in and rental ready from Day One. Outside, the enclosed backyard offers a private setting ideal for pets, entertaining, or unwinding after a day at the beach, while the outdoor fire pit creates a welcoming atmosphere for evening gatherings. Located in a highly sought-after beach community, this property presents an outstanding opportunity for investors and second-home buyers alike. Occupy one side while generating revenue from the other or maximize returns by leasing both units. Opportunities like this are rare in such a prime coastal location. All measurements, details, and information should be verified by buyer and/or buyer's representative.

Additional Information

Acres
0.14
Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
Exterior Features
Barbecue, Outdoor Shower
High School
Arnold
Lot Dimensions
50 x 120
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Short Term Rental Allowed
Stories
1
Subdivision
Biltmore Beach
Utilities
Electricity Available
Year Built
1972

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of LoKation Real Estate.