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5220 Beach Drive, Panama City Beach, FL 32408
$599,000
5220 Beach Drive, Panama City Beach, FL 32408View this property at 5220 Beach Drive, Panama City Beach, FL 32408
5220 Beach DrivePanama City BeachFL32408
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Property Description
Look no further! This four-bedroom, two-bathroom beach duplex is located just one block away from public beach access #5 and the world's most beautiful white sandy beaches and emerald waters. This property is divided into two separate units, each featuring two bedrooms and one bathroom, offering versatility for living arrangements or rental opportunities. Ideal for investors or homeowners looking for rental income, this duplex comes fully furnished and turnkey rental ready, making it hassle-free to start generating income immediately. The fenced-in yard provides privacy and security for your furry friends, while the fire pit adds charm and relaxation to outdoor gatherings. Don't miss out on this incredible opportunity to own a proven rental machine in one of the most desirable beach destinations. Whether you choose to live in one unit and rent out the other or rent out both units entirely, this beach duplex offers endless possibilities for both enjoyment and profitability.Buyers agent/buyer to confirm all items of importance.
Full Property Details
Full Property Details for 5220 Beach Dr
General
- Price: $599,000
- Taxes: $2,560 (2023)
- Status: Active
- Type: Duplex
- MLS ID: 754985
- Updated: 4/1/2024
- Added to Site: 55 day(s) ago
Interior
- Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Exterior
- Exterior Features: Fence, Outdoor Grill, Outdoor Shower
Parking
- Parking Features: Driveway, Open
Location
- County: Bay
- Subdivision: Biltmore Beach
- Driving Directions: Traveling on Hwy. 98 turn onto Thomas Dr. headed South. Turn right on Beach Dr., property will be located down on the right.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Sewer Available, Trash Collection, Water Available
Structural Information
- Architectural Style: Duplex
- Structure Type: Duplex
- Construction: Block
- Roof: Shingle
- Square Feet: 1,232
- Sq. Ft. Source: Appraiser
- Living Area: 1,232 Sq. Ft.
- Year Built: 1972
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Dimensions: 50 x 120
Financial Considerations
- Tax Amount: $2,560
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: BILTMORE BEACH LOT 6 BLK D ORB 3952 P 381 MAP 70B2
- Property ID: 31750-000-000
Listed by Beach Haven Realty
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Schools
Schools serving 5220 Beach Dr
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
7400 Patronis Dr, P C Beach, FL 32408 | PK-5 | 1.9 mi | |
300 Nautilus St, P C Beach, FL 32413 | 6-8 | 7.4 mi | |
550 N Alf Coleman Rd, P C Beach, FL 32407 | 9-12 | 5.5 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 5220 Beach Dr
Date
Details
Price
Change
Source
3/29/2024
Listed
$599,000
263.03%
MLS
11/01/2017
Sold
$165,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5220 Beach Dr
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,560
50%
$232,467
63%
2021
$1,708
-10%
$142,726
-17%
2022
$1,895
11%
$172,584
40%
2021
$1,708
16%
$123,347
9%
2019
$1,477
2%
$113,363
3%
2018
$1,453
47%
$109,728
52%
2017
$989
—
$72,123
2%
2016
$988
-2%
$70,702
1%
2015
$1,008
4%
$70,310
—
2014
$967
8%
$70,309
-4%
2013
$899
—
$73,590
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5220 Beach Dr
5220 Beach Drive, Panama City Beach, FL 32408 (MLS# 754985) is a Duplex property with 4 bedrooms and 2 full bathrooms. 5220 Beach Drive is currently listed for $599,000 and was received on March 29, 2024. Want to learn more about 5220 Beach Drive? Do you have questions about finding other Duplex 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.