5218 Beach Drive, Panama City, FL 32408

$795,000
Property Type: Residential Bedrooms: 5 Baths: 6 Square Footage: 2,919 Lot Size (sq. ft.): 11,674 Status: Active
Current Price: $795,000 List Date: 3/12/2026 Last Modified: 4/02/2026

Overview

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.

Listing Details MLS# 786715

Contract Info

List Price/SqFt
272.35

Location

Area
03 – Bay County – Beach
Street #
5218
Street Name
Beach
Street Suffix
Drive
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Biltmore Beach
Community/Resort
None
Waterfront
No
Parcel ID
31748-000-000
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.
Legal Description
BILTMORE BEACH LOT 3 BLK D ORB 3695 P 2130 (SUBJ SEW ESMT ORB3780 P 2189)

General Property Info

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

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

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
Yes
Dishwasher
Yes
Microwave
Yes
Range – Electric
Yes
Refrigerator
Yes
Water Heater – Electric
Yes

More Information

Interior Features

Floor – Vinyl Plank
Yes

Construction/Siding

Siding – Stucco
Yes
Siding – Vinyl
Yes

Exterior

Balcony
Yes

Furnished

Furnished
Yes

Rooms

Bedroom
Yes

Utilities

Electricity – Connected
Yes
Septic Tank
Yes

Sale Type

As Is
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

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

Room Name Dimensions Length Width
Bedroom 10 x 12 10.00 12.00
Bedroom 10 x 12 10.00 12.00
Bedroom 8 x 10 8.00 10.00
Bedroom 8 x 10 8.00 10.00
Bedroom 8 x 10 8.00 10.00
Listing Office: Fun Quest Vacation Rentals Corp
Last Updated: April – 02 – 2026
Information deemed reliable but not guaranteed.