$439,000
Panama City, FL 32408
MLS# 786720
4 beds | 2 baths | 1596 sqft
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Property Description
Opportunity near the beach! This duplex on Panama City Beach is ideally located just 0.1 mile off Thomas Drive, placing you close to restaurants, shopping, and many of the attractions that make the beach area so desirable. Rick Seltzer Park, with its public beach access, picnic areas, and Gulf views, is less than half a mile away, making this a convenient location for enjoying the water and coastal lifestyle. The property features two equal-sized units, each offering approximately 800 square feet of living space. Both units include a family/dining area, kitchen, two bedrooms, one full bath, and a dedicated laundry room, providing comfortable living arrangements for tenants or future occupants. The seller has experienced consistent rental success with the property over the years. In preparation for the sale, the units are being vacated, giving the next owner flexibility to establish new rental terms, pursue long-term tenants, or consider other possibilities. Short-term rentals are permitted, subject to registration with the local fire department. Whether you're looking for an investment property, a duplex to live in one side and rent the other, or a beach-area income opportunity, this property offers a location that keeps you close to everything Panama City Beach has to offer.
Details
Maps
Contract Info
List Price/SqFt: 275.06
Status: Active
List Date: 2026-03-11
List Price: $439,000
Current Price: $439,000
Location
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: No
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the intersection of Thomas Drive and Silver Sands Rd., travel north on Silver Sands Rd. Duplex is approximately 0.1 mile on the right.
Area: 03 - Bay County - Beach
Street #: 4017
Street Name: Silver Sands
Street Suffix: Road
State: FL
Zip Code: 32408
County: Bay
Subdivision: Silver Sands Unit 2
Parcel ID: 30196-260-000
Legal Description: Lot 5, Block ''E'', Silver Sands Rd. Unit two according to the plat there of recorded in plat there of recorded in plat book
11, page 41 of the public records of Bay County Florida.
General Property Info
Acreage: 0.11
Design: Duplex
Lot Size (SqFt): 5000
Apx SqFt(Htd/Cooled): 1596
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 50 x 100
New Construction: No
Garage Y/N: No
Driveway Spaces: 4
Pool: No
Sub-Type: Duplex Multi-Units
Bedrooms: 4
Full Baths: 2
Total Baths: 2
Year Built: 2002
Listing Info, Tax and Legal
HOA Fee: No
New Buyer Fee: No
Last Taxes: 4110
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks & Misc
Remarks: Opportunity near the beach! This duplex on Panama City Beach is ideally located just 0.1 mile off Thomas Drive, placing you close to restaurants, shopping, and many of the attractions that make the beach area so desirable. Rick Seltzer Park, with its public beach access, picnic areas, and Gulf views, is less than half a mile away, making this a convenient location for enjoying the water and coastal lifestyle.
The property features two equal-sized units, each offering approximately 800 square feet of living space. Both units include a family/dining area, kitchen, two bedrooms, one full bath, and a dedicated laundry room, providing comfortable living arrangements for tenants or future occupants.
The seller has experienced consistent rental success with the property over the years. In preparation for the sale, the units are being vacated, giving the next owner flexibility to establish new rental terms, pursue long-term tenants, or consider other possibilities. Short-term rentals are permitted, subject to registration with the local fire department.
Whether you're looking for an investment property, a duplex to live in one side and rent the other, or a beach-area income opportunity, this property offers a location that keeps you close to everything Panama City Beach has to offer.
Appliances
Range - Electric: 1
Range Hood: 1
Refrigerator: 1
Water Heater - Electric: 1
Interior Features
Floor - Tile: 1
Construction/Siding
Foundation - Slab on Grade: 1
Wood/Frame: 1
Roof - Metal: 1
Trim - Vinyl: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Unfurnished: 1
Lot Features
Within 1/2 Mile to Water: 1
Lot Access
County Road: 1
Paved Road: 1
Parking Features
Driveway: 1
Present Zoning
Resid Multi-Family: 1
Rooms
Bedroom: 1
Family Room: 1
Full Bathroom: 1
Kitchen: 1
Laundry: 1
Showing
ShowingTime: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Property Features
Appliances: Range - Electric; Range Hood; Refrigerator; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Financing: Cash; Conventional; FHA; VA
Furnished: Unfurnished
Lot Features: Within 1/2 Mile to Water
Lot Access: County Road; Paved Road
Parking Features: Driveway
Rooms: Bedroom; Family Room; Full Bathroom; Kitchen; Laundry
Showing: ShowingTime
Utilities: TV Cable; Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Dimensions | Length | Width | Remarks |
| Family Room | 1,410 x 156 | 1410.00 | 156.00 | Same for both units |
| Kitchen | 9 x 156 | 9.00 | 156.00 | Includes nook - same for both units |
| Bedroom | 118 x 98 | 118.00 | 98.00 | Same for both units |
| Bedroom | 118 x 98 | 118.00 | 98.00 | Same for both units |
| Full Bathroom | 86 x 5 | 86.00 | 5.00 | Same for both units |
| Laundry | 8 x 5 | 8.00 | 5.00 | Same for both units |
Listing Office: ERA Neubauer Real Estate, Inc
Last Updated: May - 14 - 2026
Information deemed reliable but not guaranteed.