5703 Beach Drive Unit A&B, Panama City, FL 32408

$450,000
4
BD
4
BA

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Sold Price
$450,000
List Price
$450,000
Closing Date
Oct 10, 2025
MLS#
757545
Status
CLOSED
Type
Multifamily
Subtype
Duplex
Bedrooms
4
Bathrooms
4
Neighborhood
Beach - South of Grand Lagoon

Property Description

SHORT TERM RENTAL RECORDS OF $60,000 A YEAR!. Both HVAC systems have been replaced in July 2025!! The location of this duplex is absolutely amazing! Imagine the memories you'll have at the beach in this home! Located less than 1/2 mile from the beach and a short walk to the nearest beach access.. Zoned for short term rentals, this duplex is the perfect investment property. One side of the duplex offers two bedrooms and two baths while the other side offers two bedrooms and one a half baths. Each unit is thoughtfully designed with a spacious, open concept and is turn-key. The covered patio and privacy fence in the back yard offers great privacy for each unit. Rent each unit separately to maximize the rental potential with this duplex! Or live in one side and enjoy the beach life while you rent the other side for additional income. The units already have rentals on the books for 2024 and reservations being made daily. This home is a sanctuary where you and your guests can create lasting memories!

Additional Information

Appliances
Electric Oven, Electric Range, Electric Water Heater, Ice Maker
Elementary School
Patronis
Exterior Features
Barbecue, Covered Patio
High School
Arnold
Lot Dimensions
50 x 110
Lot Features
Paved
Middle School
Surfside
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Short Term Rental Allowed
Subdivision
Biltmore Beach
Year Built
2002
Zoning
Resid Multi-Family

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Calculator source: Real Geeks

Listing courtesy of Anchor Realty Florida. Selling Office: Think Real Estate.