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5519_5521 Beach Drive, Panama City, FL 32408
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5519_5521 Beach Drive
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Priced at Only: $484,990
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Address: 5519_5521 Beach Drive, Panama City, FL 32408
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  • MLS#: 767454 ( Residential )
  • Street Address: 5519_5521 Beach Drive
  • Viewed: 26
  • Price: $484,990
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2003
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 102
  • Additional Information
  • Geolocation: 30.1456 / -85.7572
  • County: BAY
  • City: Panama City
  • Zipcode: 32408
  • Subdivision: Baltimore Beach
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: CENTURY 21 Ryan Realty Inc
  • DMCA Notice
  • Description
    If you have been looking to own and profit on Panama City Beach, this may be the perfect income producing property for you. Just one block from the beach, this reasonably priced duplex has no HOAs and offers a fantastic location where you and your guests can enjoy many amenities year after year. Currently rented to long term tenants, grossing $33,000, the short term rental potential would be much higher, leaving plenty of room to call this a solid investment. You may be ready to live beach side on a budget and enjoy living in one unit and renting out the other. You and your guest will enjoy high ceilings with lots of natural light, a split bedroom floor plan, a full laundry room, and open concept living and kitchen area along with an open patio and a sizable fenced in backyard for both units, so take a short walk to the beach, garden in your backyard or stay in and relax in either of these efficient two bedroom two bathroom units. This low maintenance property is a fantastic way to break into beach life. The roof was replaced in January 2019, the Water Heater in December 2024, and the Washer/Dryer in December 2018 in unit 5519. In unit 5521, the A/C was replaced in July 2017, the Washer/Dryer in June 2021, and the Water Heater in December 2024. Last but not least, the property is hooked up to public water and sewer.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Fencing: Fenced
  • Living Area: 1605.00
  • Roof: Composition, Shingle
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Driveway
Utilities
  • Carport Spaces: 0.00
  • Cooling: Electric
  • Heating: Electric
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator, Washer
  • Furnished: Unfurnished
  • Legal Description: BILTMORE BEACH (3.01) LOT 3A BLK K DESC AS: COM AT NLY COR LOT 3 SELY 25.55' FOR POB TH SELY 24.50' TO NLY COR LOT 3 SWLY 109.85' TO WLY COR LOT 3 NWLY 24.50' NELY 109.88' TO POB ORB 2236 P 47
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 31858-000-000
  • The Range: 0.00
  • Views: 26
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Headshot for Associate Lumi Bianconi
  1. Lumi Bianconi
  2. Tropic Shores Realty
  3. Mobile: 352.263.5572
  4. Mobile: 352.263.5572
  5. lumibianconirealtor@gmail.com
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