5408 Hilltop Avenue, Panama City Beach, FL 32408

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Sold Price
$265,000
List Price
$279,000
Closing Date
Jun 24, 2026
MLS#
789639
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
2
Lot Size
6,098
Neighborhood
Beach - Central South

Property Description

Modern coastal flip potential with major big-ticket items already addressed -- including architectural concept drawings. This deep 120' lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and capitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.

Additional Information

Acres
0.14
Elementary School
Breakfast Point
High School
Bay
Interior Features
Main Level Primary
Lot Dimensions
00x00
Lot Features
Paved
Middle School
Breakfast Point
Neighborhood
Beach - Central South
Project Facilities
Short Term Rental Allowed
Subdivision
[No Recorded Subdiv]
Year Built
1969

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Lowest Fee Realty LLC. Selling Office: EXP Realty LLC.