5928 Beach Drive
Panama City, FL 32408
$685,000
Price
5
Beds
3
Baths
1,963 Sq. Ft.
$349 / Sq. Ft.
1,963
Sq. Ft.
$349
per Sq. Ft.
Description
Investor's Dream in Panama City Beach! High-Earning Vacation Rental with Strong History and Exceptional Features! This property is a proven income generator, with rental data showing consistently impressive returns--outperforming projections year after year! With a 2023 gross rental income of $93,000, and 2024 looking to finish just as strong, this 5-bedroom, 3-bathroom, single-story home is set up for maximum occupancy and comfort, accommodating up to 12 guests. It's fully turnkey, conveying all...Investor's Dream in Panama City Beach! High-Earning Vacation Rental with Strong History and Exceptional Features! This property is a proven income generator, with rental data showing consistently impressive returns--outperforming projections year after year! With a 2023 gross rental income of $93,000, and 2024 looking to finish just as strong, this 5-bedroom, 3-bathroom, single-story home is set up for maximum occupancy and comfort, accommodating up to 12 guests. It's fully turnkey, conveying all furniture and decor (updated in 2023) along with smart technology like digital thermostats and exterior floodlight cameras. Perfectly poised for the vacation rental market, the property offers coastal furnishings, spacious layouts, and valuable features that will continue to attract and retain renters. This property has been designed with durability and style in mind! Prime Features for High Occupancy Rates:Zero stairs making easy access for guests of all ages, tile flooring throughout, stainless steel appliances, and vaulted ceilings. Multiple Gathering Areas: Two enclosed porches, multiple dining spaces, and a private backyard with ample room for entertainingGuest-Focused Amenities: Laundry/utility room with an additional refrigerator, outdoor shower, pet-friendly backyard with grassy space, and a paver patio complete with a fire-pit and BBQ grillPrivacy for Groups: Spacious primary King ensuite with back patio access, secondary King ensuite, two Queen bedrooms, and a double bunk bedroom--ideal for large families or group bookings. Prime Location & Strong Reviews! This Airbnb rental, known as ''Pelican Paradise,'' boasts 62 reviews with a 4.63 average rating. Just blocks from a public boat ramp, renters can bring their boat or jet ski, adding appeal for guests seeking water-based adventures. Public beach access is nearby, with Rick Seltzer Beach Park and St Andrews State Park each only a mile away. Local dining, entertainment, and golf are within a two-mile radius, making this a highly desirable rental location in Panama City Beach. Additional Incentives: The motivated seller is offering $800 toward a home warranty at closing. Don't miss the chance to acquire this high-earning, low-maintenance investment property. Contact your real estate agent today to learn more or schedule a showing. Note: Buyer to verify all measurements and any information deemed important.
- Listed by Amy L Killian • Beachy Beach Real Estate
Property Details for 5928 Beach Drive
Architectural Style
Traditional
WaterfrontNo
Parking FeaturesDriveway, Open, Paved
Subdivision NameBiltmore Beach 1st Add
Zoning DescriptionResid Multi-Family
LISTING UPDATED: 11/04/2024 04:22 PM
Property Details for 5928 Beach Drive
| Status | Active |
|---|---|
| MLS # | 756259 |
| Days on Market | 212 |
| Taxes | $4,826 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Detached / Detached |
| Year Built | 1997 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Bay County |
Building Information for 5928 Beach Drive
Stories-Year Built1997Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 5928 Beach Drive
Summary
Location and General Information
- City: Panama City
- County Or Parish: Bay
- Directions: Heading East on Thomas Drive, turn Left on Dolphin Dr, Turn Left on Beach Dr - home will be on the Right. Heading West on Thomas Drive, turn Right on Dolphin Dr, Turn Left on Beach Dr. Home will be on the Right.
- Road Surface Type: Paved
- Postal Code: 32408
- Latitude: 30.149295
- Longitude: -85.761057
- 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: 32122-000-000
- Association: No
- Tax Annual Amount: $4,826.00
- Tax Block: K
- Tax Legal Description: BILTMORE BEACH 1ST ADD LOT 23 BLK K ORB 4642 P 1683
- Tax Lot: 23
- Tax Year: 2023
School Information
- Elementary School: Patronis
- High School: Arnold
- Middle Or Junior School: Surfside
Parking
- Garage: No
- Open Parking: Yes
- Other Parking: Driveway Spaces:4.00
Property
Lot Information
- Lot Size Acres: 0.14
- Lot Size Dimensions: 50x120
- Lot Size Square Feet: 6000.0
- Living Area: 1963.0
- Living Area Source: Appraiser
Property and Assessments
- Year Built: 1997
- Property Attached: No
- Property Condition: Updated Remodeled
- Public Survey Range: 15W
- Public Survey Section: 16
- Public Survey Township: 4S
- Human Modified: No
Utilities
- Sewer: Septic Tank
- Utilities: Electricity Connected, Septic Available, Water Connected
Interior and Exterior Features
Exterior Features
- Exterior Features: Outdoor Shower, Porch, Patio
- Fencing: Fenced, Privacy
- Community Features: Short Term Rental Allowed
- Construction Materials: Frame, Vinyl Siding
- Foundation Details: Slab
- Patio And Porch Features: Porch, Screened
- Security Features: Smoke Detectors
- Roof: Metal
Interior Features
- Bathrooms Full: 3
- Bathrooms Total: 3
- Bedrooms Total: 5
- Cooling: Yes
- Cooling: Central Air, Ceiling Fans
- Heating: Yes
- Heating: Central
- Furnished: Furnished
- Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Microwave, Range Hood, Washer
- Fireplace Features: Outside
- Interior Features: Breakfast Bar, High Ceilings, New Paint, Pantry, Remodeled, Recessed Lighting, Vaulted Ceilings
Room Information
Room 1
- Room Area: 64.0
- Room Dimensions: 8 x 8
- Room Length: 8.0
- Room Level: First
- Room Type: Laundry
- Room Width: 8.0
Room 2
- Room Area: 96.0
- Room Dimensions: 12 x 8
- Room Length: 12.0
- Room Level: First
- Room Type: Dining Room
- Room Width: 8.0
Room 3
- Room Area: 228.0
- Room Dimensions: 12 x 19
- Room Length: 12.0
- Room Level: First
- Room Type: Living Room
- Room Width: 19.0
Room 4
- Room Area: 240.0
- Room Dimensions: 12 x 20
- Room Length: 12.0
- Room Level: First
- Room Type: Kitchen
- Room Width: 20.0
Room 5
- Room Area: 180.0
- Room Dimensions: 12 x 15
- Room Length: 12.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 15.0
Room 6
- Room Area: 156.0
- Room Dimensions: 12 x 13
- Room Length: 12.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 13.0
Room 7
- Room Area: 132.0
- Room Dimensions: 11 x 12
- Room Length: 11.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 12.0
Room 8
- Room Area: 110.0
- Room Dimensions: 10 x 11
- Room Length: 10.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 11.0
Room 9
- Room Area: 272.0
- Room Dimensions: 16 x 17
- Room Length: 16.0
- Room Level: First
- Room Type: Bedroom
- Room Width: 17.0
Rental
Rental Information
- Occupant Type: Tenant
Property History for 5928 Beach Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5928 Beach Drive
Taxable ValueLand$156,800Additions$225,992Total$382,792
Tax Record2023$4,826 ($402 / month)
Home Facts
Beds3Total Finished SqFt1,810 SqFtAbove Grade Finished SqFt1,810 SqFtStories1Lot Size5,924 SqFtStyleSingle Family ResidenceYear Built1997Year Renovated2017ZoningBC17CountyBAYAPN32122-000-000
Schools near 5928 Beach Drive
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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Listing Courtesy of Beachy Beach Real Estate
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.
