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$607,500

  • Sold
  • Closed
  • Duplex
  • 5 Beds
  • 5 Full Baths
  • Updated 11 days ago
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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Discover this beautifully updated property featuring three independent income-producing units, each with its own private entrance. Live in one and rent out the others, or maximize your investment by leasing all three! The home includes two spacious 2-bedroom units and one cozy 1-bedroom unit, offering flexible living or rental options. The downstairs 2-bedroom unit even includes built-in bunks, perfect for accommodating larger families or vacation guests. Upstairs, enjoy both front and back deck areas where you can catch a peek-a-boo view of the Gulf and coastal breezes. Out back, a covered picnic area with tables and grills makes for the ideal space for gatherings and cookouts. A pet-friendly fenced yard adds extra convenience and appeal for tenants or guests with pets. This investor's dream is perfectly situated just 1½ blocks from the sugar-white sands of Gulf Access #5 and minutes from St. Andrews State Park, local shops, and some of Panama City Beach's best dining spots. Don't miss this rare opportunity to own a turnkey, income-producing property in one of the Gulf Coast's most desirable beach communities!

Full Property Details for 5216 Beach Dr

General

  • Sold For: $607,500
  • Taxes: $5,986 (2024)
  • Status: Closed
  • Type: Duplex
  • Source: Bay_County
  • MLS ID: 780294
  • Added to Site: 161 day(s) ago

Interior

  • Number of Rooms: 7
  • Appliances: Electric Cooktop, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Deck
  • Porch/Patio/Deck: Deck, Covered, Patio

Parking

  • Parking Features: Additional Parking

Location

  • County: Bay
  • Subdivision: Biltmore Beach
  • Driving Directions: From Highway 98 turn onto Thomas Drive heading south - turn right onto Beach Drive, property will be located on the right.

School Information

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

Community

  • Community Name: 03 - Bay County - Beach

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ceiling Fan(s), Ductless
  • Heating Type: Ductless

Utilities

  • Utility Description: Electricity Available

Structural Information

  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Stories/Levels: 2
  • Sq. Ft. Source: Appraiser
  • Year Built: 1983

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 5,968
  • Lot Size: .14
  • Lot Dimensions: 50 x 100
  • Fencing (Description): Fenced

Financial Considerations

  • Tax Amount: $5,986
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: BILTMORE BEACH LOT 4 BLK D ORB 4732 P 1692 MAP 70B2
  • Property ID: 31749-000-000

Listed by LoKation Real Estate
Sold by Local Insight Realty

Listing agent

— 5216 Beach Dr —

  • LoKation Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5216 Beach Dr

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-52 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-87.4 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-125.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5216 Beach Dr

Date
Details
Price
Change
Source
3/06/2026
Sold
$607,500
-3.56%
MLS
12/15/2025
Price Reduced
$629,900
-7.23%
MLS
12/02/2025
Price Reduced
$679,000
-2.86%
MLS
10/11/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by LoKation Real Estate
Sold by Local Insight Realty

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5216 Beach Drive, Panama City, FL 32408 (MLS# 780294) is a Duplex property that was sold at $607,500 on March 06, 2026. Want to learn more about 5216 Beach Drive? Do you have questions about finding other Duplex real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.