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$529,900
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Property Description
Discover the potential of this unique quadplex property situated on a spacious lot with a convenient circular driveway that easily accommodates six vehicles. Perfectly positioned near the beautiful Emerald Coast, marinas, and local waterfront attractions, this property offers both immediate rental income potential and exciting possibilities for future expansion. Currently configured as a four-unit property featuring one larger three-bedroom unit along with three efficiency units, this versatile layout provides flexibility for long-term rentals, short-term vacation stays, workforce housing, or a combination of income streams. With a little TLC and vision, the property may offer the opportunity to reconfigure or expand to five or even six units, creating even greater income potential. The generous lot and circular drive make access and parking easy for tenants and guests, while the location places residents just minutes from some of the area's most desirable destinations. Enjoy close proximity to St. Andrews State Park, the beach, marinas, boat launches, waterfront dining, shopping, and entertainment, making this an appealing property for both residents and vacation renters. Whether you are an investor looking to increase cash flow, expand your portfolio, or develop a coastal income property, this opportunity offers endless possibilities in a highly sought-after coastal location. Don't miss the chance to bring your vision to life and maximize the potential of this multi-unit property near the water and the heart of everything the Emerald Coast has to offer.
Full Property Details
Full Property Details for 5225 Long John Dr
General
- Price: $529,900
- Taxes: $4,020 (2025)
- Status: Active
- Type: Multi-Family
- Source: Bay_County
- MLS ID: 786804
- Updated: 3/13/2026
- Added to Site: 21 day(s) ago
Interior
- Number of Rooms: 5
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Circular Driveway
Location
- County: Bay
- Subdivision: Treasure Island
- Driving Directions: Gps
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: Ductless, Window Unit(s)
- Heating Type: Varies by Unit
Structural Information
- Roof: Composition, Shingle
- Sq. Ft. Source: Owner
- Year Built: 1977
Additional Structures
- Other Structures: Guest House
Lot Features
- Lot Dimensions: 50 x 113
- Fencing (Description): Full, Fenced, Partial
Financial Considerations
- Tax Amount: $4,020
- Tax Year: 2025
Disclosures and Reports
- Legal Description: TREASURE ISLAND LOT 24 BLK 2 ORB 4420 P 506
- Property ID: 31487-010-000
Listed by LPT Realty LLC
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Schools
Schools serving 5225 Long John Dr
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.8 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 | 5.6 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 5225 Long John Dr
Date
Details
Price
Change
Source
3/13/2026
Listed
$529,900
32.48%
MLS
6/15/2021
Sold
$400,000
—
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 5225 Long John Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,980
5%
$323,740
6%
2024
$3,785
-1%
$304,705
1%
2023
$3,810
170%
$301,498
163%
2021
$1,412
-63%
$114,441
-65%
2022
$3,815
170%
$326,380
112%
2021
$1,412
-14%
$153,858
24%
2019
$1,635
7%
$123,654
10%
2018
$1,530
15%
$112,413
10%
2017
$1,328
-1%
$102,194
—
2016
$1,348
-2%
$101,874
1%
2015
$1,375
-1%
$101,138
-1%
2014
$1,382
12%
$101,817
-1%
2013
$1,239
—
$102,649
—
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 5225 Long John Dr
5225 Long John Drive, Panama City, FL 32408 (MLS# 786804) is a Multi-Family property with units containing 5 bedrooms and 3 full bathrooms. 5225 Long John Drive is currently listed for $529,900 and was received on March 14, 2026. Want to learn more about 5225 Long John Drive? Do you have questions about finding other Multi-Family 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.

