Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
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$520,000

$599,000

13.2%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

2,548 SqFt


SOLD DATE : 04/11/2024

Key Details

Sold Price $520,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,548 sqft

Price per Sqft $204

Subdivision No Recorded Subdivision

MLS Listing ID 940864

Sold Date 04/11/24

Bedrooms 4

Full Baths 4

Construction Status Construction Complete

HOA Y/N No

Year Built 1981

Property Description

Welcome to 5116 Beach Drive, a fantastic investment opportunity in the heart of Panama City Beach, FL! This charming two-story 4/4 duplex is perfect for savvy investors looking to maximize rental income or enjoy a flexible living arrangement. Investment Potential: ***Golf Cart will convey with purchase! This versatile property allows you to live in one side while renting out the other, creating an ideal income-generating scenario. Alternatively, capitalize on exceptional rental income by leasing both units. Each unit is a 2/2, and both have large sunrooms for additional sleeping arrangements. The potential is limitless, offering a smart investment strategy for those seeking to make the most of their real estate portfolio. Location:

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Multi-Family

Exterior

Pool None

Utilities Available Electric, Public Water, Septic Tank

Private Pool No

Building

Story 2.0

Construction Status Construction Complete

Schools

Elementary Schools Patronis

Others

Energy Description AC - Central Elect

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IXL Real Estate Pensacola

IXL Real Estate Pensacola

+1(251) 254-2272

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Listed by Salty Marlin Realty
Bought with EXP Realty LLC

IXL Real Estate Pensacola

+1(251) 254-2272

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