5408 Hilltop Avenue, Panama City Beach, FL 32408

$279,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,100 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $279,000 List Date: 5/08/2026 Last Modified: 6/03/2026

Overview

Description

Modern coastal flip potential with major big-ticket items already addressed — including architectural concept drawings. This deep 120′ lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and capitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.

Listing Details MLS# 789639

Contract Info

List Price/SqFt
253.64

Location

Area
03 – Bay County – Beach
Street #
5408
Street Name
Hilltop
Street Suffix
Avenue
State
FL
Zip Code
32408
County
Bay
Sub Area
0318 – Beach – Central South
Subdivision
[No Recorded Subdiv]
Community/Resort
None
Waterfront
No
Parcel ID
31831-000-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Bay
Directions
Turn north onto Biltmore Drive from Thomas Drive. Continue about 0.2 miles and turn right onto Hilltop Avenue. Continue down Hilltop Ave. 5408 Hilltop Avenue will be on the left-hand side
Legal Description
BILTMORE BEACH LOT 5 BLK I ORB 1288 P 1046 MAP 70B2

General Property Info

Sub-Type
Detached Single Family
Design
Traditional
Apx SqFt(Htd/Cooled)
1100
Below Ground SqFt
1576
SqFt Source
Owner Measured
Full Baths
2
Total Baths
2
Year Built
1969
Construction Status
Construction Complete
New Construction
No
Garage Y/N
Yes
Garage Spaces
2
Lot Dimensions
00×00
Acreage
0.14
Lot Size (SqFt)
6098
Pool
No
Half Baths
0

Listing Info, Tax and Legal

HOA Fee
No
New Buyer Fee
No
Last Taxes
489
Last Tax Year
2025
Brokerage Interest
No Interest

Remarks & Misc

Remarks
Modern coastal flip potential with major big-ticket items already addressed — including architectural concept drawings. This deep 120' lot offers room for a pool and endless possibilities for redesign and expansion. Property has been 90% stripped to the studs and is ready for transformation, allowing the next owner to customize the layout and finishes from the ground up for maximum space efficiency and value. New septic installed May 2026, HVAC replaced in 2022, and roof replaced in 2018/2019 following Hurricane Michael. Previously appraised at $270,000 in December 2025, prior to interior demo and redesign phase. Seller intended to complete renovation, but personal circumstances have shifted plans, creating an excellent opportunity for an investor, flipper, or developer to step in and capitalize. NOT located in a flood zone, buyer to verify. Seller open to financing w/30% down. Sold AS-IS.

Construction/Siding

Roof – Metal
Yes

More Information

Exterior

Fenced Lot-All
Yes

Furnished

Unfurnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Other – See Remarks
Yes

Lot Access

Paved Road
Yes

Rooms

Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

Other – See Remarks
Yes

Master Bedroom

First
Yes

Cooling

Central Air
Yes

Heating

Central
Yes

Property Features

Master Bedroom: First Cooling: Central Air Heating: Central Exterior: Fenced Lot-All Furnished: Unfurnished Kitchen: First Living Room: First Lot Features: Other – See Remarks Lot Access: Paved Road Rooms: Kitchen; Living Room; Master Bedroom Utilities: Other – See Remarks

Room Information

Room Name Level Dimensions Length Width
Master Bedroom First 1 x 1 1.00 1.00
Kitchen First 1 x 1 1.00 1.00
Living Room First 1 x 1 1.00 1.00
Listing Office: Lowest Fee Realty LLC
Last Updated: June – 03 – 2026
Information deemed reliable but not guaranteed.