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5116 Beach Drive, Panama City Beach, FL 32408
$520,000
5116 Beach Drive, Panama City Beach, FL 32408View this property at 5116 Beach Drive, Panama City Beach, FL 32408
5116 Beach DrivePanama City BeachFL32408
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Property Description
Welcome 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!
Full Property Details
Full Property Details for 5116 Beach Dr
General
- Sold For: $520,000
- Status: Closed
- Type: Townhouse
- MLS ID: 940864
- Added to Site: 134 day(s) ago
Interior
- Rooms/Areas: Bedroom, Living Room, Sun Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Living Room: Living Room
- Sun Room: Yes
- Sun Room/Solarium: Sun Room
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: No Recorded Subdivision
- Driving Directions: From the St Andrew State Park end of Thomas Drive travel west, right onto Benbow Street, left onto Beach Drive, home on right..
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Heating & Cooling
- Heating/Cooling: AC - Central Elect
Utilities
- Utility Description: Electric, Public Water, Septic Tank
Structural Information
- Architectural Style: Duplex
- Stories/Levels: 2
- Square Feet: 2,548
- Sq. Ft. Source: County PA Records
- Year Built: 1981
Lot Features
- Zoning: Resid Multi-Family
Disclosures and Reports
- Legal Description: TREASURE ISLAND LOT 17 BLK 6 ORB 4468 P 2058
- APN: 31523-000-000
Listed by Salty Marlin Realty
Sold by EXP Realty LLC
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Schools
Schools serving 5116 Beach Dr
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
7400 Patronis Dr, P C Beach, FL 32408 | PK-5 | 2 mi | |
300 Nautilus St, P C Beach, FL 32413 | 6-8 | 7.5 mi | |
550 N Alf Coleman Rd, P C Beach, FL 32407 | 9-12 | 5.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5116 Beach Dr
Date
Details
Price
Change
Source
4/11/2024
Sold
$520,000
-13.19%
MLS
1/25/2024
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5116 Beach Drive, Panama City Beach, FL 32408 (MLS# 940864) is a Townhouse property that was sold at $520,000 on April 11, 2024. Want to learn more about 5116 Beach Drive? Do you have questions about finding other Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.