5703 Beach Drive, Unit A&B

Panama City, FL 32408

$625,000
Price
4
Beds
2
Baths
1
1/2 Bath
1,551 Sq. Ft.
$403 / Sq. Ft.
1,551
Sq. Ft.
$403
per Sq. Ft.

Description

Short term rental records of $65,000 a year!. The location of this duplex is absolutely amazing! Imagine the memories you'll have at the beach in this home! Located just steps from the beach access. Zoned for short term rentals, this duplex is the perfect investment property. One side of the duplex offers two bedrooms and two baths while the other side offers two bedrooms and one a half baths. Each unit is thoughtfully designed with a spacious, open concept and is turn-key. The covered patio and...Short term rental records of $65,000 a year!. The location of this duplex is absolutely amazing! Imagine the memories you'll have at the beach in this home! Located just steps from the beach access. Zoned for short term rentals, this duplex is the perfect investment property. One side of the duplex offers two bedrooms and two baths while the other side offers two bedrooms and one a half baths. Each unit is thoughtfully designed with a spacious, open concept and is turn-key. The covered patio and privacy fence in the back yard offers great privacy for each unit. Rent each unit separately to maximize the rental potential with this duplex! Or live in one side and enjoy the beach life while you rent the other side for additional income. The units already have rentals on the books for 2024 and reservations being made daily. This home is a sanctuary where you and your guests can create lasting memories!
  1. Listed by Clint Furney • Coldwell Banker Carroll Realty

Property Details for 5703 Beach Drive, Unit A&B

Architectural Style
Duplex
Waterfront
No
Parking Features
Driveway, Paved
Subdivision Name
Biltmore Beach
Zoning Description
Resid Multi-Family
LISTING UPDATED: 09/26/2024 10:06 PM

Property Details for 5703 Beach Drive, Unit A&B

StatusActive
MLS #757545
Days on Market186
Taxes$5,406 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex / Duplex
Year Built2002
Lot Size0.13 AC / 5,500 SF
CountyBay County

Building Information for 5703 Beach Drive, Unit A&B

Stories-Residences-Year Built2002Building Size-Lot Size0.13 AC / 5,500 SF

Property Information for 5703 Beach Drive, Unit A&B

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: From the Hathaway Bridge. Head south on Thomas Dr. Follow the road and veer right onto Thomas Drive then take a right onto Luff St. then a left onto Beach Dr. and the duplex is on the left.
  • Road Surface Type: Paved
  • Postal Code: 32408
  • Latitude: 30.146737
  • Longitude: -85.758614
  • 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: 31867-010-000
  • Association: No
  • Tax Annual Amount: $5,406.00
  • Tax Legal Description: BILTMORE BEACH LOT 2 BLK L ORB 4600 P 250
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 50 x 110
  • Living Area: 1551.0
  • Living Area Source: Appraiser
  • Structure Type: Duplex
Property and Assessments
  • Year Built: 2002
  • Human Modified: No
Utilities
  • Sewer: Septic Tank
  • Utilities: Septic Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Builtin Barbecue, Deck
  • Fencing: Fenced
  • Community Features: Other, See Remarks, Short Term Rental Allowed
  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Covered, Deck
Interior Features
  • Entry Level: 1
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating: Yes
  • Heating: Central
  • Furnished: Furnished
  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Room Information
Room 1
  • Room Area: 60.0
  • Room Dimensions: 10 x 6
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Half Bath
  • Room Width: 6.0
Room 2
  • Room Area: 60.0
  • Room Dimensions: 10 x 6
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 6.0
Room 3
  • Room Area: 60.0
  • Room Dimensions: 10 x 6
  • Room Length: 10.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 6.0
Room 4
  • Room Area: 240.0
  • Room Dimensions: 20 x 12
  • Room Length: 20.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 12.0
Room 5
  • Room Area: 240.0
  • Room Dimensions: 20 x 12
  • Room Length: 20.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 12.0
Room 6
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 12.0
Room 7
  • Room Area: 168.0
  • Room Dimensions: 14 x 12
  • Room Length: 14.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 12.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 5703 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.

Public Records for 5703 Beach Drive, Unit A&B

Taxable ValueLand$152,000Additions$273,999Total$425,999
Tax Record2023$5,406 ($451 / month)
Home Facts
Total Finished SqFt1,551 SqFtAbove Grade Finished SqFt1,551 SqFtStories1Lot Size5,489 SqFtStyleDuplexYear Built2002Year Renovated2017CountyBAYAPN31867-010-000

Schools near 5703 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 3
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

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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5703 Beach Drive, Unit A&B is a multi-family home for sale in Panama City, FL 32408. This property was listed for sale on May 23, 2024 by Coldwell Banker Carroll Realty, it's currently listed at $625,000. It has been on the market for a total of 186 days and was last sold on August 17, 2022. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 5703 Beach Drive, Unit A&B is a 4-bed, 2.5-bath, 1,551 sqft multi-family home built in 2002.

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 Coldwell Banker Carroll 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.