5817 Sunset Avenue, Panama City, FL 32408 (MLS# 791207)

List Price/SqFt: 452.21

Status: Active

List Date: 2026-06-10

List Price: $899,000

Current Price: $899,000

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Patronis

Middle School: Surfside

High School: Arnold

Directions: South on Thomas Drive, pass Rick Seltzer Park, left on Dolphin, just before Regency Towers, then right on Sunset, house on your right

Area: 03 - Bay County - Beach

Street #: 5817

Street Name: Sunset

Street Suffix: Avenue

State: FL

Zip Code: 32408

County: Bay

Subdivision: Biltmore Beach 1st Add

Parcel ID: 31971-000-000

Legal Description: BILTMORE BEACH 1ST ADD LOT 6 BLK A ORB 4377 P 395

Acreage: 0.14

Design: Beach House

Lot Size (SqFt): 6098

Apx SqFt(Htd/Cooled): 1988

Immediate Occupancy: No

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 50x120

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Pool: No

Association Fee/Month: 0

Sub-Type: Detached Single Family

Bedrooms: 4

Full Baths: 3

Total Baths: 3

Year Built: 2020

Homestead: No

HOA Fee: No

Senior Community: No

Is Subject Leased: Yes

New Buyer Fee: No

Last Taxes: 6446

Last Tax Year: 2025

Lot: 6

Block: A

Brokerage Interest: No Interest

As Is: Yes

Section: 16

Township: 4S

Range: 15W

Condo Doc: No

Remarks: This newer construction offers flexible living options with a main home and an independent suite ideal for multi-generational living or income generation. Welcome to the ultimate coastal setup and a massive financial opportunity--with absolutely NO HOA fees! Perfectly situated in a highly desirable pocket of Lower Grand Lagoon, this newer construction property puts you in the ultimate sweet spot: perfectly nestled between the open waters of the Grand Lagoon and the world-famous white sand beaches of the Gulf. Sitting safely in unincorporated Bay County also keeps your property taxes lower and your property rights greater than inside city limits, offering highly favorable, flexible rental rules and zoning. You have the ultimate freedom to park your toys and run your property your way. You are centrally located to the area's best dining and entertainment, you are also just a short drive to the award-winning St. Andrews State Park--a pristine paradise where you can completely escape into nature and enjoy true solitude. On top of the unbeatable location, you are just 3 blocks from the premier boat ramp in the area, letting you get from your driveway to the water in minutes. Offering a generous 2,002 square feet of modern interior living space, this property is masterfully designed as two separate, independent dwellings. This creates the perfect layout to live comfortably in the larger, spacious upper main home while generating immediate passive income from the independent lower suite. The lower dwelling is a proven cash-flow producer with a verified annual rental history and an upward-trending trajectory. Furniture is negotiable, making this the perfect turnkey setup to immediately jumpstart your rental stream or move right in with many brand-new items already in place. The property also boasts a massive, fully finished 700-square-foot oversized double garage engineered to double as an incredible recreation area or game room. Outside, the heavy-duty, extra-wide 49' length x 25' width driveway is custom-built to effortlessly park a large boat trailer, center console, or full-sized RV with room to spare, complete with a professional dedicated 50-amp electric hookup to power your rig or marine craft. Your private outdoor resort experience comes alive with over 800 square feet of expansive wrap-around decks and porches, offering a lovely peek-a-boo view of the shimmering Gulf waters and the ultimate setup for open-air dining, entertaining, or catching the sea breeze. These massive porch spaces overlook a fully privacy-fenced backyard. Designed with the plumbing and septic strategically placed in the front yard, the back is completely open and perfectly cleared for an inground swimming pool or a large lawn area for kids and pets to play. The yard already features a matching exterior storage building that is perfectly positioned to be easily converted into your own custom tiki bar, pool house, or surf shack. Complete with a built-in sprinkler system, outdoor shower, and a durable metal roof, this newer home is completely turnkey and ready for its next chapter.

First: 1

First: 1

Second: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Window - Treatment All: 1

Foundation - Slab on Grade: 1

Wood/Frame: 1

Roof - Metal: 1

Siding - Hardie Board: 1

0 - 6 Months: 1

Daily/Weekly: 1

Balcony: 1

Double Pane Windows: 1

Fenced Lot-Part: 1

Fenced Privacy: 1

Shower: 1

Sprinkler System: 1

Cash: 1

Conventional: 1

VA: 1

Unfurnished: 1

First: 1

Second: 1

First: 1

Second: 1

Near Beach Access: 1

Within 1/2 Mile to Water: 1

County Road: 1

Garage Attached: 1

Garage Door Opener: 1

County: 1

Bedroom: 1

Full Bathroom: 1

Garage: 1

Kitchen: 1

Laundry: 1

Living Room: 1

Primary Bedroom: 1

ShowingTime: 1

TV Cable: 1

Electricity - Connected: 1

Electric 220/240: 1

Garbage: 1

Internet - Fiber Optic: 1

Public Water - Connected: 1

Septic Tank: 1

Underground Utilities: 1

Other - See Remarks: 1

As Is: 1

First: 1

Second: 1

Second: 1

First: 1

Second: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBath Double Vanity: 1

MBath Shower Only: 1

MBath Walk-In Closet: 1

Smoke Detector(s): 1