Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
Panama City Beach, FL 32408,5116 Beach Drive
$520,000
Est. payment /mo
$599,000
13.2%
Est.Price: ?

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4 Beds
4 Baths
2,548 SqFt
SOLD DATE : 04/11/2024

Key Details

Sold Price $520,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,548 sqft

Price per Sqft $204

Subdivision No Recorded Subdivision

MLS Listing ID 940864

Sold Date 04/11/24

Bedrooms 4

Full Baths 4

Construction Status Construction Complete

HOA Y/N No

Year Built 1981

Property Description

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. Investment Potential: ***Golf Cart will convey with purchase! 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:

Location

State FL

County Bay

Area 27 - Bay County

Zoning Resid Multi-Family

Exterior

Pool None

Utilities Available Electric, Public Water, Septic Tank

Private Pool No

Building

Story 2.0

Construction Status Construction Complete

Schools

Elementary Schools Patronis

Others

Energy Description AC - Central Elect

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Listed by Salty Marlin Realty
Bought with EXP Realty LLC

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Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

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