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$795,000
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Property Description
Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.
Full Property Details
Full Property Details for 5218 Beach Dr
General
- Price: $795,000
- Taxes: $4,560 (2025)
- Status: Active
- Type: Triplex
- Source: Bay_County
- MLS ID: 786715
- Updated: 5/15/2026
- Added to Site: 121 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Cooktop, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 5
Exterior
- Porch/Patio/Deck: Balcony
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
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Utility Description: Electricity Available
Structural Information
- Construction: Stucco, Vinyl Siding
- Stories/Levels: 2
- Sq. Ft. Source: Appraiser
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.27
- Lot Size (Sq. Ft.): 11,674
- Lot Size: .27
- Lot Dimensions: 104 x 60
Financial Considerations
- Tax Amount: $4,560
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: BILTMORE BEACH LOT 3 BLK D ORB 3695 P 2130 (SUBJ SEW ESMT ORB3780 P 2189)
- Property ID: 31748-000-000
Listed by Fun Quest Vacation Rentals Corp
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Schools
Schools serving 5218 Beach Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 2 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 7.4 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 5.7 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 5218 Beach Dr
Date
Details
Price
Change
Source
4/02/2026
Price Reduced
$795,000
-5.92%
MLS
3/12/2026
Listed
$845,000
463.33%
MLS
5/01/2015
Sold
$150,000
—
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 5218 Beach Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,440
5%
$391,078
6%
2024
$4,230
5%
$369,864
4%
2023
$4,035
42%
$356,100
51%
2021
$2,841
-7%
$236,170
-11%
2022
$3,048
7%
$266,549
27%
2021
$2,841
28%
$210,033
23%
2019
$2,226
-9%
$170,956
-8%
2018
$2,449
7%
$186,080
8%
2017
$2,299
-1%
$172,882
1%
2016
$2,314
-3%
$170,905
-1%
2015
$2,388
-11%
$171,879
-12%
2014
$2,684
9%
$194,497
-3%
2013
$2,452
—
$199,725
—
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 5218 Beach Dr
5218 Beach Drive, Panama City, FL 32408 (MLS# 786715) is a Triplex property with 5 bedrooms and 6 full bathrooms. 5218 Beach Drive is currently listed for $795,000 and was received on March 12, 2026. Want to learn more about 5218 Beach Drive? Do you have questions about finding other Triplex 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.

