$625,000
Panama City Beach, FL 32408
MLS# 951651
Status: Sold
5 beds | 3 baths | 1963 sqft
1 / 55
Property Description
Proven Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity! This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! Fully turnkey, it conveys all updated furnishings, décor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests.
Details
Status Change Info
Sold Price/SqFt: 318.39
Status: Sold
Under Contract Date: 2025-04-09
Sold Date: 2025-05-30
Sold Price: $625,000
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 320.94
List Date: 2024-04-24
Current Price: $625,000
List Price: $630,000
Location, Tax and Legal
Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: BILTMORE BEACH 1ST ADD LOT 23 BLK K ORB 4642 P 1683
General Property Info
Sub-Type: Detached Single Family
Design: Beach House
SqFt Source: Appraiser
Garage: No
Carport: No
Pool: No
Pool Type: None
Apx SqFt(Htd/Cooled): 1963
Bedrooms: 5
Full Baths: 3
Total Bathrooms: 3
# Stories: 1
Year Built: 1997
Acreage: 0.14
Listing Info, Tax & Legal
Who Paid Title: Buyer
Is Subject Leased: No
Assessment Fees: No
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: Proven Income-Generating Gem: Investor's Dream in Panama City Beach! Turnkey High-Earning Vacation Rental - Prime Opportunity!
This 5-bedroom, 3-bathroom, single-story home is a proven cash-flow powerhouse! Fully turnkey, it conveys all updated furnishings, décor (refreshed in 2023), and smart home features, including digital thermostats and exterior cameras. Whether you're a seasoned investor or a first-time buyer, this property is set up for seamless management and maximum occupancy, comfortably accommodating up to 12 guests.
Construction Status
Construction Complete: 1
Construction/Siding
Roof Metal: 1
Siding Vinyl: 1
Trim Vinyl: 1
Trim Wood: 1
Utilities
Electric: 1
Public Water: 1
Septic Tank: 1
TV Cable: 1
Zoning
Resid Multi-Family: 1
Exterior
Fenced Back Yard: 1
Fenced Privacy: 1
Fireplace: 1
Patio Open: 1
Porch Screened: 1
Interior
Breakfast Bar: 1
Ceiling Raised: 1
Ceiling Vaulted: 1
Floor Tile: 1
Furnished - All: 1
Lighting Recessed: 1
Newly Painted: 1
Pantry: 1
Renovated: 1
Window Treatment All: 1
Financing
Conventional: 1
FHA: 1
VA: 1
Other: 1
Appliances
Cooktop: 1
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Oven Double: 1
Refrigerator: 1
Washer: 1
Energy
AC - Central Elect: 1
Heat Cntrl Electric: 1
Water Heater - Elect: 1
Mstr Bdrm/Mstr Bath
MBath Double Vanity: 1
MBath Shower Only: 1
MBath Tile: 1
Bedroom
First: 1
Kitchen
First: 1
Living Room
First: 1
Rooms
Bedroom: 1
Dining Area: 1
Kitchen: 1
Laundry: 1
Living Room: 1
Location Tax and Legal
Area: 27 - Bay County
Street #: 5928
Street Name: Beach
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: BILTMORE BEACH 1ST ADDN
Parcel ID: 32122-000-000
Property Features
Construction Status: Construction Complete
Zoning: Resid Multi-Family
Exterior: Fenced Back Yard; Fenced Privacy; Fireplace; Patio Open; Porch Screened
Interior: Breakfast Bar; Ceiling Raised; Ceiling Vaulted; Floor Tile; Furnished - All; Lighting Recessed; Newly Painted; Pantry; Renovated; Window Treatment All
Appliances: Cooktop; Dishwasher; Dryer; Freezer; Microwave; Oven Double; Refrigerator; Washer
Utilities: Electric; Public Water; Septic Tank; TV Cable
Energy: AC - Central Elect; Heat Cntrl Electric; Water Heater - Elect
Bedroom: First
Kitchen: First
Living Room: First
Rooms: Bedroom; Dining Area; Kitchen; Laundry; Living Room
Financing: Conventional; FHA; VA; Other
Supplements
Exceptional Features Designed for High Demand
" Guest-Friendly Layout: Single-story home with zero stairs, tile flooring throughout, vaulted ceilings, and stainless steel appliances.
" Entertainment Spaces: Two enclosed porches, multiple dining areas, and a private backyard with a fire pit, BBQ grill, and plenty of room for outdoor fun.
" Enhanced Amenities: Pet-friendly backyard, outdoor shower, a spacious laundry/utility room with a second refrigerator, and ample parking for guests.
" Group-Friendly Design: Two King en-suites (one with patio access), two Queen bedrooms, and a double bunk bedroom ensure privacy and comfort for families or group bookings.
Prime Location for Year-Round Bookings
Known as ''Pelican Paradise'' on Airbnb, this rental boasts 65 reviews with a 4.64-star average rating. Located just blocks from a public boat ramp, it's perfect for water enthusiasts bringing boats or jet skis. Public beach access is nearby, with Rick Seltzer Beach Park and St. Andrews State Park just a mile away. Local dining, entertainment, and golf are within a two-mile radius, making this property an in-demand destination for vacationers.
This is your chance to own a high-performing, low-maintenance investment property in the heart of Panama City Beach's vacation rental market. Don't waitcontact your real estate agent today to schedule a showing or request more details!
Note: Buyer to verify all measurements and any information deemed important.
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Bedroom | First | 16 x 17 | 16.00 | 17.00 | 16 x 17 |
| Bedroom | First | 10 x 11 | 10.00 | 11.00 | 10 x 11 |
| Bedroom | First | 11 x 12 | 11.00 | 12.00 | 11 x 12 |
| Bedroom | First | 12 x 13 | 12.00 | 13.00 | 12 x 13 |
| Bedroom | First | 12 x 15 | 12.00 | 15.00 | 12 x 15 |
| Kitchen | First | 12 x 20 | 12.00 | 20.00 | 12 x 20 |
| Living Room | First | 12 x 19 | 12.00 | 19.00 | 12 x 19 |
| Dining Area | First | 12 x 8 | 12.00 | 8.00 | 12 x 8 |
| Laundry | First | 8 x 8 | 8.00 | 8.00 | 8 x 8 |
Listing Office: Beachy Beach Real Estate
Last Updated: May - 30 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.
