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5116 Beach Drive

Panama City Beach, FL 32408
  • $599,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 940864
UPDATED: 64 min ago
$599,000
  • 4
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,548
    SQFT
  • $235
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1981
County:
Bay
Area:

School Information

Elementary School:
Middle School:
High School:

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: 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!

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© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Vendor Member number: 28178. Data last updated: 2024-02-22T14:05:45.117.
Vendor Member #28178.
www.corcoranreverieproperties.com/homes/146951997
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5116 Beach Drive Panama City Beach, FL 32408

  • Price: $599,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 64 min ago
  • MLS #: 940864
4
Beds
4
Baths
0
½ Baths
N/A
Acres
2,548
SQFT
$235
$/SQFT
1981
Built
Neighborhood:
No Recorded Subdivision
County:
Bay
Area:
Bay County
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
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: 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!
Exterior Features

Architectural Style Duplex Carport YN No Pool YN No

Interior Features

Cooling Central Air Cooling YN Yes First Floor Bedroom Yes Rooms Total 6

Property Features

New Construction YN No Pool Type None Property Condition Construction Complete Property Sub Type Attached Single Unit Utilities ElectricPublic WaterSeptic Tank Zoning Resid Multi-Family

Listing courtesy of Salty Marlin Realty: 850-615-2406.


© 2024 Emerald Coast Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Reverie. Vendor Member number: 28178. Data last updated: 2024-02-22T14:05:45.117.
Vendor Member #28178.
 
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