$390,000
SOLD FEB 22, 2017

Panama City Beach, FL 32408

-- Bed
-- Bath
4,184 Sq Ft
0.28 Acres

Recently Sold

$93 Per Sq Ft

13% Below List Price

15 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Ceiling Fan
  • Patronis Elementary School Rated A-
  • Cooling Available
  • Heat Pump System

About This Home

As of April 2022

Excellent investment property only four blocks to the beach and two blocks to the Grand Lagoon and public boat ramp! Very popular and well maintained duplex rental with $900 monthly rental income per unit. Zoned R-3 duplex/triplex/quadplex. Transferable double lifetime Home Depot warranty on recent new roofs. All units have been recently painted and have pavers front and back. Three purchase options (1. Buy this duplex and 5803 Pinetree Avenue together (this listing). (2. Buy one duplex building MLS 654382 or 654381) (3. Owner will consider selling individual units for $125k. Seller will also consider owner financing on options (1) with $100k down or (2) with $50k down; 6%, with 30 yr amortization with 5 year balloon (continued)

Last Agent to Sell the Property

Steve File

Panhandle Beach Realty and Rentals Listed on: 01/19/2017

Last Buyer's Agent

Steve File

Panhandle Beach Realty and Rentals

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 100x120

Home Design

  • Slab Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 4,184 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Biltmore Beach 1St Add Subdivision

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1980
  • Property Sub Type: Multi Family
  • Lot Size: 100x120
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Biltmore Beach 1st Add
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • ResoPropertyType: CommercialSale
  • Property Sub Type Additional: Multi Family
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Living Area: 4184.0
  • Window Features: Double Pane Windows

Exterior Features

  • Construction Type: HardiPlank Type
  • Foundation Details: Slab
  • Roof: Composition, Ridge Vents, Shingle

Utilities

  • Utilities: Septic Available
  • Cooling: Heat Pump, Other, See Remarks, Ceiling Fan(s)
  • Heating: Other, See Remarks, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Other - See Remarks,Resid Multi-Family

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,099,000 -8.3% $358 / Sq Ft
05/16/2025 05/16/25 Price Changed $1,199,000 -1.7% $390 / Sq Ft
02/28/2025 02/28/25 For Sale $1,220,000 +32.2% $397 / Sq Ft
07/13/2022 07/13/22 Off Market $922,500 -- --
06/20/2022 06/20/22 Off Market $390,000 -- --
04/08/2022 04/08/22 Sold $922,500 -0.3% $300 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $925,000 +137.2% $301 / Sq Ft
02/22/2017 02/22/17 Sold $390,000 -13.1% $93 / Sq Ft
02/03/2017 02/03/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $449,000 -- $107 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christopher Jennings

    Seller's Agent in 2025

    Christopher Jennings

    Bay to 30A Realty

    (850) 532-9449

    24 in this area

    144 Total Sales

    Christopher Jennings
    Section Image
  • Ahmed Ismail

    Seller's Agent in 2022

    Ahmed Ismail

    Sand Seeker Realty LLC

    (800) 980-6115

    2 in this area

    78 Total Sales

    Ahmed Ismail
    Section Image

  • J

    Buyer's Agent in 2022

    Jan Johnson

    Full Sail Realty

  • January Johnson

    Buyer's Agent in 2022

    January Johnson

    EXP Realty LLC

    (850) 691-9851

    16 in this area

    85 Total Sales

    January Johnson
    Section Image

  • S

    Seller's Agent in 2017

    Steve File

    Panhandle Beach Realty and Rentals

See All Agents

Source: Central Panhandle Association of REALTORS®

MLS Number: 654385

Central Panhandle Association of REALTORS®

Florida Bay County Panama City Beach

32408

This home and is currently priced at $390,000, approximately $93 per square foot. This property was built in 1980. This home is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle School.

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.

Central Panhandle Association of REALTORS® 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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