5218 Beach Drive, Panama City, FL 32408 (MLS# 786715)

List Price/SqFt: 272.35

Status: Active

List Date: 2026-03-12

List Price: $795,000

Current Price: $795,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: From Highway 98 turn onto Thomas Drive heading south - turn right onto Beach Drive, property will be located on the right.

Area: 03 - Bay County - Beach

Street #: 5218

Street Name: Beach

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Biltmore Beach

Parcel ID: 31748-000-000

Legal Description: BILTMORE BEACH LOT 3 BLK D ORB 3695 P 2130 (SUBJ SEW ESMT ORB3780 P 2189)

Acreage: 0.27

Design: N/A

Lot Size (SqFt): 11674

Apx SqFt(Htd/Cooled): 2919

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 2

Lot Dimensions: 104x60

New Construction: No

Garage Y/N: No

Pool: No

Sub-Type: Triplex Multi-Units

Bedrooms: 5

Full Baths: 6

Total Baths: 6

Year Built: 1992

HOA Fee: No

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 4560

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Remarks: Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market--strong rental potential and multiple income streams! A - 1 bed + loft, 2 baths. B - 2 bed, 2 bath. C - 2 bed, 2 bath.

Cooktop - Electric: 1

Dishwasher: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Floor - Vinyl Plank: 1

Siding - Stucco: 1

Siding - Vinyl: 1

Balcony: 1

Furnished: 1

Bedroom: 1

Electricity - Connected: 1

Septic Tank: 1

As Is: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1