5218 Beach Drive, Panama City, FL 32408

New Listing
$845,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 2,919 Lot Size (sq. ft.): 11,674 Status: Active
Current Price: $845,000 List Date: 3/12/2026 Last Modified: 3/12/2026

Description

Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market–strong rental potential and multiple income streams! A – 1 bed + loft, 2 baths. B – 2 bed, 2 bath. C – 2 bed, 2 bath.

More Information MLS# 786715

Listing Info, Tax and Legal

HOA Fee: No Is Subject Leased: No New Buyer Fee: No Last Taxes: 4560 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Contract Info

List Price/SqFt: 289.48 Status: Active List Date: 2026-03-12 List Price: $845,000 Current Price: $845,000

Location

Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: None Waterfront: No Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: From Highway 98 turn onto Thomas Drive heading south – turn right onto Beach Drive, property will be located on the right. Area: 03 – Bay County – Beach Street #: 5218 Street Name: Beach Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Biltmore Beach Parcel ID: 31748-000-000 Legal Description: BILTMORE BEACH LOT 3 BLK D ORB 3695 P 2130 (SUBJ SEW ESMT ORB3780 P 2189)

General Property Info

Acreage: 0.27 Design: N/A Lot Size (SqFt): 11674 Apx SqFt(Htd/Cooled): 2919 Construction Status: Construction Complete SqFt Source: Prop App Site # of Stories in Building: 2 Lot Dimensions: 104×60 New Construction: No Garage Y/N: No Pool: No Sub-Type: Triplex Multi-Units Bedrooms: 5 Full Baths: 6 Total Baths: 6 Year Built: 1992

Remarks & Misc

Remarks: Attention investors! Income-producing triplex just a short walk to the beach in PCB (4 min walk to Schooners). Perfect for short-term rentals, vacation stays, or long-term tenants. Properties this close to the sand rarely hit the market–strong rental potential and multiple income streams! A – 1 bed + loft, 2 baths. B – 2 bed, 2 bath. C – 2 bed, 2 bath.

Appliances

Cooktop – Electric: 1 Dishwasher: 1 Microwave: 1 Range – Electric: 1 Refrigerator: 1 Water Heater – Electric: 1

Interior Features

Floor – Vinyl Plank: 1

Construction/Siding

Siding – Stucco: 1 Siding – Vinyl: 1

Exterior

Balcony: 1

Furnished

Furnished: 1

Rooms

Bedroom: 1

Utilities

Electricity – Connected: 1 Septic Tank: 1

Sale Type

As Is: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Property Features

Appliances: Cooktop – Electric; Dishwasher; Microwave; Range – Electric; Refrigerator; Water Heater – Electric Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Furnished: Furnished Rooms: Bedroom Sale Type: As Is Utilities: Electricity – Connected; Septic Tank

Room Information

Bedroom Dimensions: 10 x 12 Length: 10.00 Width: 12.00 Dimensions: 10 x 12 Bedroom Dimensions: 10 x 12 Length: 10.00 Width: 12.00 Dimensions: 10 x 12 Bedroom Dimensions: 8 x 10 Length: 8.00 Width: 10.00 Dimensions: 8 x 10 Bedroom Dimensions: 8 x 10 Length: 8.00 Width: 10.00 Dimensions: 8 x 10 Bedroom Dimensions: 8 x 10 Length: 8.00 Width: 10.00 Dimensions: 8 x 10
Listing Office: Fun Quest Vacation Rentals Corp
Last Updated: March – 12 – 2026
Information deemed reliable but not guaranteed.