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For Sale

5116 Beach Drive

5116 Beach Drive, Panama City Beach, FL 32408

$599,000
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. ***Golf Cart will convey with purchase!Investment Potential: 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: Situated just a short walk from the breathtaking beaches of Panama City Beach, this duplex is in a prime location on the East end. Immerse yourself in the coastal lifestyle, with sand and surf just moments away. Additionally, you'll find an array of restaurants and attractions in close proximity, ensuring convenience and entertainment at your doorstep.Accommodations: This property has the capacity to accomodate a large family. The downstairs unit comfortably sleeps 9 people, while the upstairs unit can be furnished to sleep the same amount, possibly more depending on how to furnish it out. Whether you're seeking a vacation home or an income-generating property, the flexibility of this duplex caters to various needs.Outdoor Amenities: Enjoy the Florida sunshine in the spacious yard, providing plenty of room for a pool or outdoor gatherings. The two driveways offer ample parking space and are ideal for those with boats or RVs, adding an extra layer of convenience and versatility to this great property.Don't miss out on the opportunity to own a piece of paradise with this two-story duplex at 5116 Beach Drive. Embrace the potential for exceptional rental income, prime location, and the convenience of walking distance to the beautiful beaches. Act now and turn this property into your next successful investment!

4
beds

4
baths

2,548 Sq.Ft. LIVING AREA

Patricia  Wheeler

Patricia Wheeler

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status For Sale
  • Living Area2,548 Sq.Ft.
  • MLS® ID751829
  • TypeMulti-Family
  • YEAR BUILT1981
  • Architecture StylesDuplex
  • Elementary SchoolPatronis
  • Middle SchoolSurfside
  • High SchoolArnold

Exterior

  • water SourcePublic
  • utilitiesElectricity Available, Septic Available, Water Available
  • sewerSeptic Tank

Financial

  • Sales Price$599,000
  • Real Estate Tax $6,274/yr

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
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Thank you for your interest in 5116 Beach Drive, Panama City Beach, FL 32408. We are reviewing your request and will be in touch shortly!

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