Duplex

5519_5521 Beach Drive

Panama City , FL 32408

MLS#: 767454

$435,000

Status: Closed

Listing number: 767454

Listing provided by: CENTURY 21 Ryan Realty Inc

Listing agent phone: None

Last update: 2 months ago

On site: 1 year, 18 days ago

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Property

Beds

Full Baths

1/2 Baths

None

Year Built

2003

Sq.Footage

N/A

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSIf you have been looking to own and profit on Panama City Beach, this may be the perfect income-producing property for you. Just one block from the beach, this reasonably priced duplex has no HOAs and offers a fantastic location where you and your guests can enjoy many amenities year after year. Currently rented to long-term tenants, grossing $33,000, the short-term rental potential would be much higher, leaving plenty of room to call this a solid investment. You may be ready to live beach side on a budget and enjoy living in one unit and renting out the other. You and your guest will enjoy high ceilings with lots of natural light, a split bedroom floor plan, a full laundry room, and open concept living and kitchen area along with an open patio and a sizable fenced-in backyard for both units, so take a short walk to the beach, garden in your backyard or stay in and relax in either of these efficient two bedroom two bathroom units. This low-maintenance property is a fantastic way to break into beach life. The roof was replaced in January 2019, the Water Heater in December 2024, and the Washer/Dryer in December 2018 in unit 5519. In unit 5521, the A/C was replaced in July 2017, the Washer/Dryer in June 2021, and the Water Heater in December 2024. Last but not least, the property is hooked up to public water and sewer.

Features & Amenities

Interior

Total Bedrooms

4
Bathrooms

4
Heating YN

YES
Heating

Electric
Pet friendly

N/A

Exterior

Garage

No
Pool

No

Area & Lot

Lot Features

Paved
Lot Size(acres)

0.13
Property Type

Residential
Architectural Style

Duplex

Price

Sales Price

$435,000
Tax Amount

1401.0
Zoning

Resid Multi-Family
Sq. Footage

N/A
Price/SqFt

N/A

HOA

Association

No

School District

Elementary School

Patronis
Middle School

Surfside
High School

Arnold

Property Features

Sewer

Public Sewer

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Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Melany Hathcock , CENTURY 21 Ryan Realty Inc

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REALTOR®

Ricky Robbins

Call Ricky today to schedule a private showing.

(850) 625-4394

Ricky@GulfLifeGo.com

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CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSIf you have been looking to own and profit on Panama City Beach, this may be the perfect income-producing property for you. Just one block from the beach, this reasonably priced duplex has no HOAs and offers a fantastic location where you and your guests can enjoy many amenities year after year. Currently rented to long-term tenants, grossing $33,000, the short-term rental potential would be much higher, leaving plenty of room to call this a solid investment. You may be ready to live beach side on a budget and enjoy living in one unit and renting out the other. You and your guest will enjoy high ceilings with lots of natural light, a split bedroom floor plan, a full laundry room, and open concept living and kitchen area along with an open patio and a sizable fenced-in backyard for both units, so take a short walk to the beach, garden in your backyard or stay in and relax in either of these efficient two bedroom two bathroom units. This low-maintenance property is a fantastic way to break into beach life.
The roof was replaced in January 2019, the Water Heater in December 2024, and the Washer/Dryer in December 2018 in unit 5519. In unit 5521, the A/C was replaced in July 2017, the Washer/Dryer in June 2021, and the Water Heater in December 2024. Last but not least, the property is hooked up to public water and sewer.

5519_5521 Beach Drive

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Duplex

Features & Amenities

Interior

Exterior

Area & Lot

Price

HOA

School District

Property Features

Schedule a Showing

Mortgage calculator

Listing Courtesy of Melany Hathcock , CENTURY 21 Ryan Realty Inc

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