$450,000

5703 Beach Drive A&B, Panama City FL, 32408

Price per sqft$290.14

Built in2002

Property size1,551 sqft

Property typeMulti-family

Overview

Sold

Closed

Listed May 23, 2024

Updated 11 days ago

SHORT TERM RENTAL RECORDS OF $60,000 A YEAR!. Both HVAC systems have been replaced in July 2025!! The location of this duplex is absolutely amazing! Imagine the memories you'll have at the beach in this home! Located less than 1/2 mile from the beach and a short walk to the nearest 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!

Additional information

MLS^® ID: 757545

Interior Features

Bedrooms: 4
Bathrooms: 4
Cooling: Yes
Heating: Yes
Basement: No

Other Property Details

Taxes: $5,406
Tax Frequency: Annually

Courtesy of Anchor Realty Florida, Clint Furney,
Listing Contact: 850-258-7207

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Local Insight Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.