T
Seller's Agent in 2024
Taylor Wheeler Sauls
Salty Marlin Realty
(850) 630-8377
2 in this area
31 Total Sales
5116 Beach Dr Panama City, FL 32408
4
Beds
4
Baths
2,548
Sq Ft
1981
Built
Highlights
- Sun or Florida Room
- Living Room
- Central Air
- Patronis Elementary School Rated A-
About This Home
As of April 2024Welcome to 5116 Beach Drive, a fantastic investment opportunity in the heart of Panama City Beach, FL! This charming two-story 4/4 duplex is perfect for savvy investors looking to maximize rental income or enjoy a flexible living arrangement. Investment Potential: ***Golf Cart will convey with purchase! This versatile property allows you to live in one side while renting out the other, creating an ideal income-generating scenario. Alternatively, capitalize on exceptional rental income by leasing both units. Each unit is a 2/2, and both have large sunrooms for additional sleeping arrangements. The potential is limitless, offering a smart investment strategy for those seeking to make the most of their real estate portfolio. Location: Situated just a short walk from the breathtaking beaches of Panama City Beach, this duplex is in a prime location on the East end. Immerse yourself in the coastal lifestyle, with sand and surf just moments away. Additionally, you'll find an array of restaurants and attractions in close proximity, ensuring convenience and entertainment at your doorstep. Accommodations: This property has the capacity to accomodate a large family. The downstairs unit comfortably sleeps 9 people, while the upstairs unit can be furnished to sleep the same amount, possibly more depending on how to furnish it out. Whether you're seeking a vacation home or an income-generating property, the flexibility of this duplex caters to various needs. Outdoor Amenities: Enjoy the Florida sunshine in the spacious yard, providing plenty of room for a pool or outdoor gatherings. The two driveways offer ample parking space and are ideal for those with boats or RVs, adding an extra layer of convenience and versatility to this great property. Don't miss out on the opportunity to own a piece of paradise with this two-story duplex at 5116 Beach Drive. Embrace the potential for exceptional rental income, prime location, and the convenience of walking distance to the beautiful beaches. Act now and turn this property into your next successful investment!
Last Agent to Sell the Property
Salty Marlin Realty License #3264559 Listed on: 01/26/2024
Last Buyer's Agent
Aimee Bontrager
EXP Realty LLC License #3538781
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1981
Home Design
- Duplex
Interior Spaces
- 2,548 Sq Ft Home
- 2-Story Property
- Living Room
- Sun or Florida Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Air
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 31523-000-000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2024 04/11/24 | Sold | $520,000 | -13.2% | $204 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 01/26/2024 01/26/24 | For Sale | $599,000 | -- | $235 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,882 | $484,532 | $262,482 | $222,050 |
| 2024 | $6,274 | $475,402 | $251,860 | $223,542 |
| 2023 | $6,274 | $476,386 | $232,800 | $294,317 |
| 2022 | $5,049 | $433,078 | $160,050 | $273,028 |
| 2021 | $2,436 | $195,557 | $0 | $0 |
| 2020 | $2,203 | $177,779 | $92,683 | $85,096 |
| 2019 | $1,479 | $113,545 | $76,533 | $37,012 |
| 2018 | $2,024 | $155,276 | $0 | $0 |
| 2017 | $2,019 | $153,884 | $0 | $0 |
| 2016 | $2,082 | $155,982 | $0 | $0 |
| 2015 | $2,186 | $159,608 | $0 | $0 |
| 2014 | $2,219 | $162,296 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Taylor Wheeler Sauls
-
A
Buyer's Agent in 2024
Aimee Bontrager
EXP Realty LLC
Map
Source: Emerald Coast Association of REALTORS®
MLS Number: 940864
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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