5216 Beach Drive, Panama City Beach, FL 32408

$740,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 2,160 Lot Size (sq. ft.): 5,837 Status: Sold
Current Price: $799,000 List Date: 7/17/2023 Last Modified: 9/25/2024

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to Tranquility & Harmony! This house is an investors dream with 2 rentals that are true to their name. Upstairs you will find a 2 bedroom and 2 bath nicely decorated unit ready for rental and downstairs there is a wonderful 2 bedroom 2 bath unit with bunks and built for entertaining large groups and families. There is a large utility room with 2 washers and 2 dryers and storage area. While sitting on the upstairs deck you will enjoy a view of the gulf. There is plenty of room on the property for a large lagoon style pool and hot tub. Out back you will find a covered pavilion with picnic tables and grills for guest and even a turn out area for your fur baby. Oh, and did we mention location? 2 blocks from beach access #5. No HOA

Supplements: Close to some wonderful beach attractions and restaurants like Schooners, St. Andrews State Park, and Capt. Anderson’s. If you are looking for your own personal beach home to live in this unit would be perfect for you to use the second unit as an income producing rental or for your family and friends. Both kitchens have stainless appliances and butcher block counters. Tile and vinyl flooring throughout and both units have been completely updated. There is a custom tile outdoor shower to wash off the beach at the end of the day. The possibilities are endless with this already great property. Just bring your imagination. Downstairs master/in-law suite can also be used independently with its own private entrance if desired while producing income through the other 2.units. This property is a cash flow cow with fantastic ROI. It’s projected to produce at least 100k in revenue per year. Take advantage of a unique opportunity to be your own boss and having the hundreds of thousands of visitors to PCB paying your mortgage or expanding your real estate portfolio. Current SUPERHOST owner with multiple U.S and international short-term rental properties and over 2000 confirmed reservations is willing to stay on at least 60-90 days onboarding and teaching trade secrets acquired through many years and vast experience in this industry.

More Information MLS# 738940

Listing Info, Tax and Legal

HOA Fee: No New Buyer Fee: No Last Taxes: 2601 Last Tax Year: 2022 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 369.91 Status: Sold List Date: 2023-03-17 List Price: $799,000 Current Price: $740,000

Location

Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: None Waterfront: No Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: Traveling on Hwy 98 turn onto Thomas Dr. headed South. Turn right on Beach Dr., property will be located on the right. Area: 03 – Bay County – Beach Street #: 5216 Street Name: Beach Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Biltmore Beach Parcel ID: 31749-000-000 Legal Description: BILTMORE BEACH LOT 4 BLK D ORB 4144 P 765 MAP 70B2

General Property Info

Acreage: 0.13 Design: Duplex Lot Size (SqFt): 5837 Apx SqFt(Htd/Cooled): 2160 Construction Status: Construction Complete SqFt Source: Prop App Site Lot Dimensions: 50×100 Garage Y/N: No Sub-Type: Duplex Multi-Units Bedrooms: 4 Full Baths: 4 Total Baths: 4 Year Built: 1983

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to Tranquility & Harmony! This house is an investors dream with 2 rentals that are true to their name. Upstairs you will find a 2 bedroom and 2 bath nicely decorated unit ready for rental and downstairs there is a wonderful 2 bedroom 2 bath unit with bunks and built for entertaining large groups and families. There is a large utility room with 2 washers and 2 dryers and storage area. While sitting on the upstairs deck you will enjoy a view of the gulf. There is plenty of room on the property for a large lagoon style pool and hot tub. Out back you will find a covered pavilion with picnic tables and grills for guest and even a turn out area for your fur baby. Oh, and did we mention location? 2 blocks from beach access #5. No HOA

Status Change Info

Sold Price/SqFt: 342.59 Sold Price/Acre: 5692307.69 Under Contract Date: 2023-08-02 Sold Date: 2023-09-20 Sold Price: $740,000

Bunk Room

First: 1

Appliances

Cooktop – Electric: 1 Water Heater – Electric: 1

Exterior

Deck Open: 1 Fenced Back Yard: 1 Patio Covered: 1

Furnished

Furnished: 1

Interior

Bunk Room: 1

Kitchen

First: 1

Living Room

Second: 1

Parking Features

Additional Parking: 1

Rooms

Bedroom: 1 Bunk Room: 1 Kitchen: 1 Living Room: 1

Utilities

All Utilities: 1

Waterview

Gulf: 1

Accessibility Features

Common Area: 1

Bedroom

First: 1 Second: 1

Cooling

Ceiling Fan(s): 1 Mini-Split/Ductless: 1

Heating

Mini-Split/Ductless: 1

Property Features

Accessibility Features: Common Area Appliances: Cooktop – Electric; Water Heater – Electric Bedroom: First; Second Cooling: Ceiling Fan(s); Mini-Split/Ductless Heating: Mini-Split/Ductless Exterior: Deck Open; Fenced Back Yard; Patio Covered Furnished: Furnished Interior: Bunk Room Kitchen: First Living Room: Second Bunk Room: First Parking Features: Additional Parking Rooms: Bedroom; Bunk Room; Kitchen; Living Room Utilities: All Utilities Waterview: Gulf

Room Information

Bedroom Level: First Dimensions: 12 x 11 Length: 12.00 Width: 11.00 Dimensions: 12 x 11 Bunk Room Level: First Dimensions: 14 x 7 Length: 14.00 Width: 7.00 Dimensions: 14 x 7 Bedroom Level: First Dimensions: 14 x 11 Length: 14.00 Width: 11.00 Dimensions: 14 x 11 Living Room Level: Second Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Kitchen Level: First Dimensions: 28 x 11 Length: 28.00 Width: 11.00 Dimensions: 28 x 11 Bedroom Level: Second Dimensions: 11 x 10 Length: 11.00 Width: 10.00 Dimensions: 11 x 10 Bedroom Level: Second Dimensions: 13 x 9 Length: 13.00 Width: 9.00 Dimensions: 13 x 9
Listing Office: Beach Haven Realty
Last Updated: September – 25 – 2024
Information deemed reliable but not guaranteed.