5225 Long John Dr Panama City, FL 32408
Estimated payment $3,122/month
Highlights
- No HOA
- Circular Driveway
- Living Room
- Patronis Elementary School Rated A-
- Ductless Heating Or Cooling System
- Dining Room
About This Home
Discover the potential of this unique quadplex property situated on a spacious lot with a convenient circular driveway that easily accommodates six vehicles. Perfectly positioned near the beautiful Emerald Coast, marinas, and local waterfront attractions, this property offers both immediate rental income potential and exciting possibilities for future expansion. Currently configured as a four-unit property featuring one larger three-bedroom unit along with three efficiency units, this versatile layout provides flexibility for long-term rentals, short-term vacation stays, workforce housing, or a combination of income streams. With a little TLC and vision, the property may offer the opportunity to reconfigure or expand to five or even six units, creating even greater income potential. The generous lot and circular drive make access and parking easy for tenants and guests, while the location places residents just minutes from some of the area's most desirable destinations. Enjoy close proximity to St. Andrews State Park, the beach, marinas, boat launches, waterfront dining, shopping, and entertainment, making this an appealing property for both residents and vacation renters. Whether you are an investor looking to increase cash flow, expand your portfolio, or develop a coastal income property, this opportunity offers endless possibilities in a highly sought-after coastal location. Don't miss the chance to bring your vision to life and maximize the potential of this multi-unit property near the water and the heart of everything the Emerald Coast has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,020
Year Built
- Built in 1977
Lot Details
- Lot Dimensions are 50x113
- Fenced
Parking
- Circular Driveway
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
Interior Spaces
- Living Room
- Dining Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Heating Available
Community Details
- No Home Owners Association
- Treasure Island Subdivision
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,785 | $323,740 | $143,462 | $180,278 |
| 2024 | $3,810 | $304,705 | $127,400 | $177,305 |
| 2023 | $3,810 | $301,498 | $121,348 | $180,150 |
| 2022 | $3,815 | $326,380 | $74,400 | $251,980 |
| 2021 | $1,412 | $114,441 | $68,634 | $45,807 |
| 2020 | $1,759 | $153,858 | $100,787 | $53,071 |
| 2019 | $1,635 | $135,747 | $81,836 | $53,911 |
| 2018 | $1,530 | $112,413 | $0 | $0 |
| 2017 | $1,328 | $102,194 | $0 | $0 |
| 2016 | $1,348 | $101,874 | $0 | $0 |
| 2015 | $1,375 | $101,138 | $0 | $0 |
| 2014 | $1,382 | $101,817 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/14/2026 03/14/26 | For Sale | $529,900 | +32.5% | $272 / Sq Ft | |
| 07/05/2022 07/05/22 | Off Market | $400,000 | -- | -- | |
| 06/15/2021 06/15/21 | Sold | $400,000 | -5.9% | $205 / Sq Ft | View Prior Sale |
| 05/14/2021 05/14/21 | For Sale | $425,000 | -- | $218 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $400,000 | Mti Title Insurance Agcy Inc | |
| Warranty Deed | $119,500 | Defender Title & Escrow | |
| Corporate Deed | $83,000 | Stewart Title Company | |
| Warranty Deed | $142,300 | Attorney | |
| Interfamily Deed Transfer | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,971 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 786804
APN: 31487-010-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Ask me questions while you tour the home.