$450,000
Panama City, FL 32408
MLS# 757545
Status: Pending
4 beds | 4 baths | 1551 sqft
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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!
Details
Maps
Contract Info
Status: Pending
List Date: 2024-05-21
List Price: $450,000
List Price/SqFt: 290.14
Current Price: $450,000
Location
Area: 03 - Bay County - Beach
Street #: 5703
Street Name: Beach
Street Suffix: Drive
Unit #: A&B
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Biltmore Beach
Community/Resort: None
Waterfront: No
Parcel ID: 31867-010-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the Hathaway Bridge. Head south on Thomas Dr. Follow the road and veer right onto Thomas Drive then take a right onto Luff St. then a left onto Beach Dr. and the duplex is on the left.
Legal Description: BILTMORE BEACH LOT 2 BLK L ORB 4600 P 250
General Property Info
Sub-Type: Duplex Multi-Units
Design: Duplex
Apx SqFt(Htd/Cooled): 1551
SqFt Source: Prop App Site
Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 4
Year Built: 2002
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 50 x 110
Pool: No
Status Change Info
Under Contract Date: 2025-09-25
Property Features
Appliances: Dryer; Ice Maker; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Full Bathroom: First
Half Bathroom: First
Master Bedroom: First
Cooling: Ceiling Fan(s); Central Air
Heating: Central
Exterior: Built-in Barbecue/Grill; Deck Covered; Fenced Back Yard
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Interior: Bunk Room
Living Room: First
Lot Features: Near Beach Access; Within 1/2 Mile to Water
Lot Access: County Road; Paved Road
Parking Features: Driveway; Paved
Association Amenities: Other - See Remarks
Rooms: Full Bathroom; Half Bathroom; Living Room; Master Bedroom
Sale Type: As Is
Utilities: Public Water - Connected; Septic Tank
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
| Master Bedroom | First | 14 x 12 | 14.00 | 12.00 | 14 x 12 |
| Living Room | First | 20 x 12 | 20.00 | 12.00 | 20 x 12 |
| Living Room | First | 20 x 12 | 20.00 | 12.00 | 20 x 12 |
| Full Bathroom | First | 10 x 6 | 10.00 | 6.00 | 10 x 6 |
| Full Bathroom | First | 10 x 6 | 10.00 | 6.00 | 10 x 6 |
| Half Bathroom | First | 10 x 6 | 10.00 | 6.00 | 10 x 6 |
Listing Office: Anchor Realty Florida
Last Updated: September - 25 - 2025
Information deemed reliable but not guaranteed.